The Worldwide Solid State Drive Industry is Expected to Reach $543 Million by 2027 - ResearchAndMarkets.com

DUBLIN--()--The "Global Solid State Drive Market (2022-2027) by SSD Interface, Form Factor, Technology, Storage, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Solid State Drive Market is estimated to be USD 140.24 Mn in 2022 and is expected to reach USD 543.11 Mn by 2027, growing at a CAGR of 31.1%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Solid State Drive Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

The Global Solid State Drive Market is segmented based on SSD Interface, Form Factor, Technology, Storage, End-User, and Geography.

  • By SSD Interface, the market is classified into SATA, SAS, and PCIe.
  • By Form Factor, the market is classified into 1.8"/2.5", 3.5", M.2, U.2 (SFF 8639), and FHHL and HHHL.
  • By Technology, the market is classified into SLC, MLC Planar, MLC 3D, TLC Planar, and TLC 3D.
  • By Storage, the market is classified into Under 500 GB, 500 GB-1 TB, 1 TB - 2 TB, and Above 2 TB.
  • By End-User, the market is classified into Enterprise, Client, Industrial, and Automotive.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Adata, Bitmicro Networks, Corsair Components, Crossbar, G.Skill, Intel, Kingston, Lexar Media, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Solid State Drive Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Solid State Drive Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Surge in the Adoption of Solid State Drivers in Data Centers
  • Rising Proliferation of Cloud Computing
  • High Usage of SSD over HDD in Key Verticals

Restraints

  • High Cost and Design Complexity

Opportunities

  • Increasing Demand for Automotive Infotainment Systems and Next-generation Connected Cars
  • Growing Demand of SSD in Mobile Devices & Notebooks

Challenges

  • Smaller Life Span of SSDs

Companies Mentioned

  • Adata
  • Bitmicro Networks
  • Corsair Components
  • Crossbar
  • G.Skill
  • Intel
  • Kingston
  • Lexar Media
  • Lite-On
  • Micron
  • Microsemi
  • Mushkin
  • NetApp
  • Samsung
  • Seagate
  • SK Hynix
  • Toshiba
  • Viking
  • Violin Memory
  • Western Digital

For more information about this report visit https://www.researchandmarkets.com/r/niwal

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900