Market Research Report
Enterprise SSD Market By Technology, Storage, Interface, Enterprise Size, and Application : Global Opportunity Analysis and Industry Forecast, 2021-2030
|Enterprise SSD Market By Technology, Storage, Interface, Enterprise Size, and Application : Global Opportunity Analysis and Industry Forecast, 2021-2030|
Published: July 1, 2021
Allied Market Research
Content info: 325 Pages
Delivery time: 2-3 business days
The global enterprise SSD market was valued at $17.85 billion in 2020, and is projected to reach $46.89 billion by 2030, registering a CAGR of 10.2% from 2021 to 2030. Enterprise solid-state driver (SSD) is a mechanism that stores data constantly in a nonvolatile semiconductor device memory. Rise in demand for data storage SSD, owing to faster and seamless multi-tsk processing capacity in prime enterprises.
High demand from high-end cloud computing solution across the globe paired with surge in adoption of data center applications is driving the market growth. However, high cost and short service life of SSDs coupled with designed complexity restrain the market growth. Conversely, rise in unstructured information with real-time analysis and increase in demand for SSD over HDD are projected to provide lucrative opportunities for the expansion of the global enterprise SSD industry during the forecast period.
The global enterprise SSD market is segmented into technology, storage, interface, enterprise size, and application. On the basis of technology, the market is fragmented into single-level cell, multi-level cell (planar and 3D), and triple-less cell (planar and 3D). By enterprise size, it is bifurcated into small & medium enterprises and large enterprise.
Depending on storage, it is segregated into under 500GB, 500GB-1TB, 1Tb-3TB, 5TB-8TB, and over 8TB. As per interface, it is fragmented into SATA, SAS, and PCIe. The applications covered in the study include high-performance computing and data center servers. Regions wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the enterprise SSD market include ADATA Technology Co. Ltd., Kingston Technology Corp., Micron Technology Inc., Microsemi, Samsung Electronics Co. Ltd., Seagate Technology PLC, SK Hynix Inc., Toshiba Corp, Viking Technology, and Western Digital Corp. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.
By Enterprise Size