PUBLISHER: IDC | PRODUCT CODE: 1266773
PUBLISHER: IDC | PRODUCT CODE: 1266773
Worldwide Solid State Drive Forecast, 2023-2027
This IDC study presents an updated outlook for the solid state drive (SSD) market for the 2023-2027 period. SSD industry dynamics and the end-device forecast changes are aggregated, analyzed, and applied to IDC's long-term SSD forecast in terms of units, revenue, and petabytes for each consumption category (client, enterprise, and commercial)."SSD suppliers face significant challenges in the near term as macroeconomic headwinds, slower demand, and aggressive pricing have negatively impacted the near-term outlook," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies, IDC. "Yet long-term secular trends continue to be favorable for SSD adoption, and that will help SSD capacity to grow at a 30% CAGR from 2022 to 2027."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
- Client Segment Outlook
- SSDs in the PC Market
- SSDs in the Consumer Electronics Market
- SSD Forecast in the Client Market
- Enterprise Segment Outlook
- Enterprise SSD Technology Outlook
- Enterprise SSD Interface Outlook
- SSD Forecast in the Enterprise Segment
- Commercial Segment Outlook
- SSD Forecast in the Commercial Segment
Market Context
- Drivers and Inhibitors
- Drivers
- Decline of NAND Flash Memory Costs
- Price Elasticity of Demand for SSDs in the Client Market
- Expanding Use of Flash in Both Servers and Enterprise Storage
- Inhibitors
- Macroeconomic Uncertainty
- Inventory Adjustments
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
