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PUBLISHER: IMARC | PRODUCT CODE: 1308177

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PUBLISHER: IMARC | PRODUCT CODE: 1308177

Solid State Drive (SSD) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global solid state drive (SSD) market size reached US$ 46.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 110.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.23% during 2023-2028.

Solid state drive (SSD) refers to an integrated, non-volatile data storage device that utilizes amalgamated circuits as a memory to store persistent visual data. It consists of interconnected microchips rather than spinning discs that aid in accessing memory by substantially reducing startup time. As compared to hard disk drives (HDD), SSD is more portable, offers higher speed and exhibits better physical shock-resistant properties and lesser data access latency. Apart from this, it generates low heat, which increases the lifespan of big data, provides video-on-demand services, and performs faster data reads and writes, while ensuring minimal power consumption. Consequently, SSD is extensively used across enterprises for eliminating mechanical failures, thus assisting in enhancing the overall operational performance.

Solid State Drive (SSD) Market Trends:

The global SSD market is being driven by the increasing penetration of high-end cloud computing interfaces and the rising need for effective data storage solutions across organizations for performing file back-up and archiving information. The increasing product need can also be attributed to the growing instances of computer crash and cyberattacks, which can cause file deletion and provide data access to unauthorized users. In line with this, the introduction of peripheral component interconnect express (PCIe) and non-volatile memory express (NVMe) interfaces that offer high-performance services with better frequency are acting as other growth-inducing factors. Such advancements have facilitated its widespread adoption across several data-sensitive sectors, including data centers and financial institutions. Additionally, the large-scale integration of NAND flash memory, which does not require power to retain data, with SSD for improving site security and providing more reliable services on e-commerce platforms is propelling the market growth. Apart from this, the continuous investments in research and development (R&D) activities and strategic collaborations amongst key players to enhance SSD capabilities are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global solid state drive (SSD) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, interface, form factor, storage and application.

Breakup by Type:

External

Internal

Breakup by Interface:

SATA

SAS

PCIe

Breakup by Form Factor:

1.8"/2.5"

3.5"

M.2

U.2 (SFF 8639)

FHHL and HHHL

Breakup by Storage:

Under 500 GB

500 GB-1 TB

1 TB-2 TB

Above 2 TB

Breakup by Application:

Enterprise

Client

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ADATA Technology Co. Ltd., Corsair Gaming Inc., Kingston Technology Corporation, KIOXIA Holdings Corporation, Micron Technology Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, SK hynix Inc., Toshiba Corporation, Transcend Information Inc. and Western Digital Corporation.

Key Questions Answered in This Report

  • 1. What was the size of the global solid state drive (SSD) market in 2022?
  • 2. What is the expected growth rate of the global solid state drive (SSD) market during 2023-2028?
  • 3. What has been the impact of COVID-19 on the global solid state drive (SSD) market?
  • 4. What are the key factors driving the global solid state drive (SSD) market?
  • 5. What is the breakup of the global solid state drive (SSD) market based on the interface?
  • 6. What is the breakup of the global solid state drive (SSD) market based on the form factor?
  • 7. What are the key regions in the global solid state drive (SSD) market?
  • 8. Who are the key players/companies in the global solid state drive (SSD) market?
Product Code: SR112023A5566

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Solid State Drive (SSD) Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 External
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Internal
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Interface

  • 7.1 SATA
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 SAS
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 PCIe
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Form Factor

  • 8.1 1.8"/2.5"
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 3.5"
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 M.2
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 U.2 (SFF 8639)
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 FHHL and HHHL
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Storage

  • 9.1 Under 500 GB
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 500 GB-1 TB
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 1 TB-2 TB
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Above 2 TB
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast

10 Market Breakup by Application

  • 10.1 Enterprise
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Client
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 Others
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast

11 Market Breakup by Region

  • 11.1 North America
    • 11.1.1 United States
      • 11.1.1.1 Market Trends
      • 11.1.1.2 Market Forecast
    • 11.1.2 Canada
      • 11.1.2.1 Market Trends
      • 11.1.2.2 Market Forecast
  • 11.2 Asia-Pacific
    • 11.2.1 China
      • 11.2.1.1 Market Trends
      • 11.2.1.2 Market Forecast
    • 11.2.2 Japan
      • 11.2.2.1 Market Trends
      • 11.2.2.2 Market Forecast
    • 11.2.3 India
      • 11.2.3.1 Market Trends
      • 11.2.3.2 Market Forecast
    • 11.2.4 South Korea
      • 11.2.4.1 Market Trends
      • 11.2.4.2 Market Forecast
    • 11.2.5 Australia
      • 11.2.5.1 Market Trends
      • 11.2.5.2 Market Forecast
    • 11.2.6 Indonesia
      • 11.2.6.1 Market Trends
      • 11.2.6.2 Market Forecast
    • 11.2.7 Others
      • 11.2.7.1 Market Trends
      • 11.2.7.2 Market Forecast
  • 11.3 Europe
    • 11.3.1 Germany
      • 11.3.1.1 Market Trends
      • 11.3.1.2 Market Forecast
    • 11.3.2 France
      • 11.3.2.1 Market Trends
      • 11.3.2.2 Market Forecast
    • 11.3.3 United Kingdom
      • 11.3.3.1 Market Trends
      • 11.3.3.2 Market Forecast
    • 11.3.4 Italy
      • 11.3.4.1 Market Trends
      • 11.3.4.2 Market Forecast
    • 11.3.5 Spain
      • 11.3.5.1 Market Trends
      • 11.3.5.2 Market Forecast
    • 11.3.6 Russia
      • 11.3.6.1 Market Trends
      • 11.3.6.2 Market Forecast
    • 11.3.7 Others
      • 11.3.7.1 Market Trends
      • 11.3.7.2 Market Forecast
  • 11.4 Latin America
    • 11.4.1 Brazil
      • 11.4.1.1 Market Trends
      • 11.4.1.2 Market Forecast
    • 11.4.2 Mexico
      • 11.4.2.1 Market Trends
      • 11.4.2.2 Market Forecast
    • 11.4.3 Others
      • 11.4.3.1 Market Trends
      • 11.4.3.2 Market Forecast
  • 11.5 Middle East and Africa
    • 11.5.1 Market Trends
    • 11.5.2 Market Breakup by Country
    • 11.5.3 Market Forecast

12 SWOT Analysis

  • 12.1 Overview
  • 12.2 Strengths
  • 12.3 Weaknesses
  • 12.4 Opportunities
  • 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

  • 14.1 Overview
  • 14.2 Bargaining Power of Buyers
  • 14.3 Bargaining Power of Suppliers
  • 14.4 Degree of Competition
  • 14.5 Threat of New Entrants
  • 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

  • 16.1 Market Structure
  • 16.2 Key Players
  • 16.3 Profiles of Key Players
    • 16.3.1 ADATA Technology Co. Ltd.
      • 16.3.1.1 Company Overview
      • 16.3.1.2 Product Portfolio
      • 16.3.1.3 Financials
    • 16.3.2 Corsair Gaming Inc.
      • 16.3.2.1 Company Overview
      • 16.3.2.2 Product Portfolio
      • 16.3.2.3 Financials
    • 16.3.3 Kingston Technology Corporation
      • 16.3.3.1 Company Overview
      • 16.3.3.2 Product Portfolio
    • 16.3.4 KIOXIA Holdings Corporation
      • 16.3.4.1 Company Overview
      • 16.3.4.2 Product Portfolio
      • 16.3.4.3 Financials
    • 16.3.5 Micron Technology Inc.
      • 16.3.5.1 Company Overview
      • 16.3.5.2 Product Portfolio
      • 16.3.5.3 Financials
      • 16.3.5.4 SWOT Analysis
    • 16.3.6 Samsung Electronics Co. Ltd.
      • 16.3.6.1 Company Overview
      • 16.3.6.2 Product Portfolio
      • 16.3.6.3 Financials
    • 16.3.7 Seagate Technology LLC
      • 16.3.7.1 Company Overview
      • 16.3.7.2 Product Portfolio
      • 16.3.7.3 Financials
      • 16.3.7.4 SWOT Analysis
    • 16.3.8 SK hynix Inc.
      • 16.3.8.1 Company Overview
      • 16.3.8.2 Product Portfolio
      • 16.3.8.3 Financials
      • 16.3.8.4 SWOT Analysis
    • 16.3.9 Toshiba Corporation
      • 16.3.9.1 Company Overview
      • 16.3.9.2 Product Portfolio
      • 16.3.9.3 Financials
      • 16.3.9.4 SWOT Analysis
    • 16.3.10 Transcend Information Inc.
      • 16.3.10.1 Company Overview
      • 16.3.10.2 Product Portfolio
      • 16.3.10.3 Financials
    • 16.3.11 Western Digital Corporation
      • 16.3.11.1 Company Overview
      • 16.3.11.2 Product Portfolio
      • 16.3.11.3 Financials
      • 16.3.11.4 SWOT Analysis
Product Code: SR112023A5566

List of Figures

  • Figure 1: Global: Solid State Drive Market: Major Drivers and Challenges
  • Figure 2: Global: Solid State Drive Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Solid State Drive Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Solid State Drive Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Solid State Drive Market: Breakup by Interface (in %), 2022
  • Figure 6: Global: Solid State Drive Market: Breakup by Form Factor (in %), 2022
  • Figure 7: Global: Solid State Drive Market: Breakup by Storage (in %), 2022
  • Figure 8: Global: Solid State Drive Market: Breakup by Application (in %), 2022
  • Figure 9: Global: Solid State Drive Market: Breakup by Region (in %), 2022
  • Figure 10: Global: Solid State Drive (External) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Solid State Drive (External) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Solid State Drive (Internal) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Solid State Drive (Internal) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Solid State Drive (SATA) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Solid State Drive (SATA) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Solid State Drive (SAS) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Solid State Drive (SAS) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Solid State Drive (PCIe) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Solid State Drive (PCIe) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Solid State Drive (1.8"/2.5") Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Solid State Drive (1.8"/2.5") Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Solid State Drive (3.5") Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Solid State Drive (3.5") Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Solid State Drive (M.2) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Solid State Drive (M.2) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Solid State Drive (U.2 (SFF 8639)) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Solid State Drive (U.2 (SFF 8639)) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Solid State Drive (FHHL and HHHL) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Solid State Drive (FHHL and HHHL) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Solid State Drive (Under 500 GB) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Solid State Drive (Under 500 GB) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Solid State Drive (500 GB-1 TB) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Solid State Drive (500 GB-1 TB) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Global: Solid State Drive (1 TB-2 TB) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Global: Solid State Drive (1 TB-2 TB) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Global: Solid State Drive (Above 2 TB) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Global: Solid State Drive (Above 2 TB) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Global: Solid State Drive (Enterprise) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Global: Solid State Drive (Enterprise) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: Global: Solid State Drive (Client) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: Global: Solid State Drive (Client) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Global: Solid State Drive (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Global: Solid State Drive (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: North America: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: North America: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: United States: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: United States: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Canada: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Canada: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Asia-Pacific: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Asia-Pacific: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: China: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: China: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: Japan: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: Japan: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: India: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: India: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: South Korea: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: South Korea: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Australia: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Australia: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Indonesia: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Indonesia: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Others: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Others: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Europe: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Europe: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Germany: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Germany: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: France: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: France: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: United Kingdom: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: United Kingdom: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Italy: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Italy: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Spain: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Spain: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Russia: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Russia: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Others: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 81: Others: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 82: Latin America: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 83: Latin America: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 84: Brazil: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 85: Brazil: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Mexico: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 87: Mexico: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 88: Others: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 89: Others: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 90: Middle East and Africa: Solid State Drive Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 91: Middle East and Africa: Solid State Drive Market: Breakup by Country (in %), 2022
  • Figure 92: Middle East and Africa: Solid State Drive Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 93: Global: Solid State Drive Industry: SWOT Analysis
  • Figure 94: Global: Solid State Drive Industry: Value Chain Analysis
  • Figure 95: Global: Solid State Drive Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Solid State Drive Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Solid State Drive Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Solid State Drive Market Forecast: Breakup by Interface (in Million US$), 2023-2028
  • Table 4: Global: Solid State Drive Market Forecast: Breakup by Form Factor (in Million US$), 2023-2028
  • Table 5: Global: Solid State Drive Market Forecast: Breakup by Storage (in Million US$), 2023-2028
  • Table 6: Global: Solid State Drive Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 7: Global: Solid State Drive Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 8: Global: Solid State Drive Market: Competitive Structure
  • Table 9: Global: Solid State Drive Market: Key Players
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+32-2-535-7543

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Manager - Americas

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