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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1741064

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1741064

Solid State Drive (SSD) Market, By SSD Interface (SATA, SAS, PCIE, and Other SSD Interface), By Application (Enterprise, and Client), and By Geography (North America, Europe, Asia Pacific, Rest of World)-

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Solid State Drive (SSD) Market is estimated to be valued at USD 74.9 Mn in 2025 and is expected to reach USD 211.7 Mn by 2032, growing at a compound annual growth rate (CAGR) of 16% from 2025 to 2032.

Report Coverage Report Details
Base Year: 2024 Market Size in 2025: USD 74.9 Mn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 16.00% 2032 Value Projection: USD 211.7 Mn

A solid state drive is a type of computer storage device that does not use a disk mechanism. It uses flash memory and is faster than hard disk drives (HDDs). In contrast to hard disk drives (HDDs), which use magnetic plates that spin around to read and write data, solid-state drive technology uses grids of electrical cells. These grids are separated into "pages" that are clumped together to build "blocks," and these blocks are then written to. There are several types of SSDs, including SATA and NVMe SSDs. The latter are faster than SATA and can be compatible with almost any device and motherboard.

Market Dynamics:

The growing need for efficient data management based on high-performance SSDs, and the increasing adoption of SATA interface in enterprise SSDs is expected to drive growth of the global solid state drive (SSD) market over the forecast period.

However, complexity of design and high cost is expected to hamper growth of the global solid state drive (SSD) market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the global solid state drive (SSD) market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global solid state drive (SSD) market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Teclast Electronics Co. Limited, Intel Corporation, Transcend Information Inc., Samsung Group, Kingston Technology Corporation, Micron Technology Inc., ADATA Technology Co. Ltd., Western Digital Corporation, SK Hynix Inc., and Seagate Technology LLC.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global solid state drive (SSD) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solid state drive (SSD) market

Detailed Segmentation:

  • Global Solid State Drive (SSD) Market, By SSD Interface:
    • SATA
    • SAS
    • PCIE
    • Other SSD Interface
  • Global Solid State Drive (SSD) Market, By Application:
    • Enterprise
    • Client
  • Global Solid State Drive (SSD) Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Intel Corporation
    • Samsung Group
    • Micron Technology Inc.
    • Western Digital Corporation
    • Seagate Technology LLC
    • SK Hynix Inc.
    • ADATA Technology Co. Ltd
    • Kingston Technology Corporation
    • Transcend Information Inc.
    • Teclast Electronics Co. Limited
Product Code: CMI5778

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snapshot, By SSD Interface
    • Market Snapshot, By Application
    • Market Snapshot, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
  • Increasing adoption in data center applications
  • Growing demand from the high-end cloud segment
    • Restraints
  • Concerns regarding total lifespan of SSDs
  • High cost of SSDs
    • Opportunities
  • Constantly growing investments by memory companies
  • Impact Analysis
  • Key Highlights
  • Regulatory Scenario
  • Product launch/Approvals
  • PEST Analysis
  • PORTER's Analysis
  • Merger and Acquisition Scenario

4. Global Solid State Drive (SSD) Market - Impact of Coronavirus (COVID-19) Pandemic

  • COVID-19 Epidemiology
  • Supply Side and Demand Side Analysis
  • Economic Impact

5. Global Solid State Drive (SSD) Market, By SSD Interface, 2020-2032, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021 - 2032
    • Segment Trends
  • SATA
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
  • SAS
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
  • PCIE
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
  • Other SSD Interface
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)

6. Global Solid State Drive (SSD) Market, By Application, 2020-2032, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021- 2032
    • Segment Trends
  • Enterprise
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
  • Client
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)

7. Global Solid State Drive (SSD) Market, By Region, 2020-2032, (US$ Mn)

  • Introduction
    • Market Share Analysis, By Country, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, For Country 2021-2032
    • Country Trends
  • North America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By SSD Interface, 2020-2032,(US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
  • Europe
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By SSD Interface, 2020-2032,(US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
  • Asia Pacific
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By SSD Interface, 2020-2032,(US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
  • Latin America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By SSD Interface, 2020-2032,(US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
  • Middle East & Africa
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By SSD Interface, 2020-2032,(US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)

8. Competitive Landscape

  • Intel Corporation
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Samsung Group
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Micron Technology Inc.
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Western Digital Corporation
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Seagate Technology LLC
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • SK Hynix Inc.
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • ADATA Technology Co. Ltd.
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Kingston Technology Corporation
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Transcend Information Inc.
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Teclast Electronics Co. Limited
    • Company Highlights
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Analyst Views

9. Section

  • Research Methodology
  • About us
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