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Solid States Drives Market Outlook 2027

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    Report

  • 145 Pages
  • February 2022
  • Region: Global
  • Bonafide Research
  • ID: 5551011
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According to the report titled Global Solid-State Drive (SSD) Market Outlook, 2027, the Solid-State Drive is expected to reach more than $40 Billion in the year 2021. It is expected to expand at a compound annual growth rate (CAGR) of 17% from 2022 to 2027. The data storage industry is expected to witness an increase in its consumption over the next couple of years. In order to fulfill this massive need, the two leading storage solutions, namely hard disk drives and solid-state drives, have emerged as the ones to use.

Unlike traditional storage mediums, a Solid-state drive (SSD) is a new generation of storage device used in computers. SSDs simply use flash-based memory, which is far faster than a mechanical hard disk. Traditionally, data was stored primarily on mechanical hard drives and these hard disk drives (HDDs) are mostly based on moving parts, like a read/write head that goes back and forth to gather data. The new SSD work completely differently. They use a memory chip called NAND flash, which has no moving parts and near-instant access times. Rather than a magnetic platter, files are saved on a grid of NAND flash cells and each grid which is also called a block can store between 256 KB and 4MB. In SSD data is stored in integrated circuits. Which is different from HDDs and it also has a lot of implications, especially in size and performance. Without the need for a spinning disk, SSDs can reduce to the shape and size of a stick of gum (known as the M.2 form factor) or even as small as a postage stamp. It has a capacity that how much data they can hold and makes them flexible for smaller devices, such as slim laptops, convertibles, or 2 in 1s. SSDs dramatically reduce access time since users don’t have to wait for magnetic platter rotation to start. Initially, In terms of cost, SSDs are more expensive than HDDs per amount of storage (in gigabytes and terabytes), but the gap is closing as SSD prices decline at a faster pace than HDD prices year over year.

Region-wise, Asia Pacific contributed the highest market share approx. 40% shares of the global market. The Increasing popularity of cryptocurrencies such as Bitcoin has resulted in shortages of graphics cards as crypto miners buy them in bulk. The new cryptocurrency is called Chia, which is developing on peer-to-peer Bit Torrent protocol and uses a proof of space-time model rather than a proof of work model. It means Chia relies on storage instated of processing performance to mine, and it means a lot less wasted electricity in the process and required more storage capacity. Increasing online storage services and providing fast and cheaper solution for storage require less need for high-capacity local storage. Therefore models with less storage capacity with SSD gaining popularity in the market. In the global market, By Storage size, under the 500 GB dominating in 2021 and contributing more than 50%.

Impact of Covid-19 on Solid-State Drive Market:

In 2020, a sudden outbreak of the COVID-19 pandemic has disrupted the supply chain globally. In the same year, the growth of the market reported was decreasing due to the imposition of lockdown in almost all the major countries and halted manufacturing activities resulting in delayed production.

Major Companies present in the market:

Samsung Electronics Co. Limited, Kingston Technology Corporation, Western Digital Corporation, Seagate Technology Holdings Public Limited, Intel Corporation, Adata Technology Co. Ltd, Kioxia Holdings Corporation, Micron Technology, Inc., SK Hynix Inc., Transcend Information Inc.

Considered in this report

  • Geography: Global
  • Historic Year: 2016
  • Base year: 2021
  • Estimated year: 2022
  • Forecast year: 2027

Aspects covered in this report

  • Global Solid-State Drive market with its value and forecast along with its segments
  • Region & country wise market analysis
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

Regions & Countries covered in the report

  • North America - United States, Canada, Mexico
  • Europe - Germany, United Kingdom, France, Italy, Spain, Russia
  • Asia-Pacific - China, Japan, South Korea, India, Australia
  • Latin America - Brazil, Argentina, Columbia
  • Middle-East & Africa - UAE, Saudi Arabia, South Africa

By End User of Solid-State Drive in the report:

  • Client SSD
  • Enterprise SSD
  • Others

By Interface in the report:

  • SATA
  • SAS
  • PCIE

By Storage Size in the report:

  • Under 500 GB
  • 500 GB-1 TB
  • 1 TB - 2 TB
  • Above 2 TB

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry manufactures, consultants, Key vendors related to Digital Storage industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

This report would help you answer the following questions:

1. What is the growth rate of Global Solid State Drive Market?
2. Which type of interface dominating SSD market?
3. Which region has largest share in Global Solid State Drive Market?
4. Which Country has fastest growth rate in Global Solid State Drive Market?
5. Who are the key players in Global Solid State Drive Market?


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Table of Contents

1. Executive Summary2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic/Demographic Snapshot
5. Global Solid-State Drive Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By Company
5.2.4. By Interface
5.2.5. By End User
5.2.6. By Storage Size
6. North America Solid-State Drive Market Outlook
6.1. Market Size By Value
6.2. Market Share
6.2.1. By Country
6.2.2. By Interface
6.2.3. By End User
6.2.4. By Storage Size
6.3. US Solid-State Drive Market Outlook
6.3.1. Market Size By Value
6.3.2. Market Share
6.3.2.1. By End User
6.3.2.2. By Interface
6.4. Canada Solid-State Drive Market Outlook
6.4.1. Market Size By Value
6.4.2. Market Share
6.4.2.1. By End User
6.4.2.2. By Interface
6.5. Mexico Solid-State Drive Market Outlook
6.5.1. Market Size By Value
6.5.2. Market Share
6.5.2.1. By End User
6.5.2.2. By Interface
7. Europe Solid-State Drive Market Outlook
7.1. Market Size By Value
7.2. Market Share
7.2.1. By Country
7.2.2. By Interface
7.2.3. By End User
7.2.4. By Storage Size
7.3. Germany Solid-State Drive Market Outlook
7.3.1. Market Size By Value
7.3.2. Market Share
7.3.2.1. By End User
7.3.2.2. By Interface
7.4. UK Solid-State Drive Market Outlook
7.4.1. Market Size By Value
7.4.2. Market Share
7.4.2.1. By End User
7.4.2.2. By Interface
7.5. France Solid-State Drive Market Outlook
7.5.1. Market Size By Value
7.5.2. Market Share
7.5.2.1. By End User
7.5.2.2. By Interface
7.6. Italy Solid-State Drive Market Outlook
7.6.1. Market Size By Value
7.6.2. Market Share
7.6.2.1. By End User
7.6.2.2. By Interface
7.7. Spain Solid-State Drive Market Outlook
7.7.1. Market Size By Value
7.7.2. Market Share
7.7.2.1. By End User
7.7.2.2. By Interface
7.8. Russia Solid-State Drive Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Share
7.8.2.1. By End User
7.8.2.2. By Interface
8. Asia-Pacific Solid-State Drive Market Outlook
8.1. Market Size By Value
8.2. Market Share
8.2.1. By Country
8.2.2. By Interface
8.2.3. By End User
8.2.4. By Storage Size
8.3. China Solid-State Drive Market Outlook
8.3.1. Market Size By Value
8.3.2. Market Share
8.3.2.1. By End User
8.3.2.2. By Interface
8.4. Japan Solid-State Drive Market Outlook
8.4.1. Market Size By Value
8.4.2. Market Share
8.4.2.1. By End User
8.4.2.2. By Interface
8.5. India Solid-State Drive Market Outlook
8.5.1. Market Size By Value
8.5.2. Market Share
8.5.2.1. By End User
8.5.2.2. By Interface
8.6. Australia Solid-State Drive Market Outlook
8.6.1. Market Size By Value
8.6.2. Market Share
8.6.2.1. By End User
8.6.2.2. By Interface
8.7. South Korea Solid-State Drive Market Outlook
8.7.1. Market Size By Value
8.7.2. Market Share
8.7.2.1. By End User
8.7.2.2. By Interface
9. Latin America Solid-State Drive Market Outlook
9.1. Market Size By Value
9.2. Market Share
9.2.1. By Country
9.2.2. By Interface
9.2.3. By End User
9.2.4. By Storage Size
9.3. Brazil Solid-State Drive Market Outlook
9.3.1. Market Size By Value
9.3.2. Market Share
9.3.2.1. By End User
9.3.2.2. By Interface
9.4. Argentina Solid-State Drive Market Outlook
9.4.1. Market Size By Value
9.4.2. Market Share
9.4.2.1. By End User
9.4.2.2. By Interface
9.5. Columbia Solid-State Drive Market Outlook
9.5.1. Market Size By Value
9.5.2. Market Share
9.5.2.1. By End User
9.5.2.2. By Interface
10. Middle East & Africa Solid-State Drive Market Outlook
10.1. Market Size By Value
10.2. Market Share
10.2.1. By Country
10.2.2. By Interface
10.2.3. By End User
10.2.4. By Storage Size
10.3. UAE Solid-State Drive Market Outlook
10.3.1. Market Size By Value
10.3.2. Market Share
10.3.2.1. By End User
10.3.2.2. By Interface
10.4. Saudi Arabia Solid-State Drive Market Outlook
10.4.1. Market Size By Value
10.4.2. Market Share
10.4.2.1. By End User
10.4.2.2. By Interface
10.5. South Africa Solid-State Drive Market Outlook
10.5.1. Market Size By Value
10.5.2. Market Share
10.5.2.1. By End User
10.5.2.2. By Interface
11. Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends and Developments
13. Company Profiles
13.1. SK hynix Inc.
13.2. Western Digital Corporation
13.3. Seagate Technology Holdings Public Limited
13.4. Intel Corporation
13.5. Adata Technology Co. Limited
13.6. Kioxia Holdings Corporation
13.7. Micron Technology, Inc.
13.8. Samsung Electronics Co., Limited
13.9. Kingston Technology Corporation
13.10. Transcend Information Inc.
14. Strategic Recommendations15. Disclaimer
List of Figures
Figure 1: Global Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 2: Global Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 3: Global Solid-State Drive Market Share By Storage Size (2016, 2021 & 2027F)
Figure 4: North America Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 5: North America Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 6: North America Solid-State Drive Market Share By Storage Size (2016, 2021 & 2027F)
Figure 7: US Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 8: US Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 9: Canada Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 10: Canada Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 11: Mexico Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 12: Mexico Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 13: Europe Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 14: Europe Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 15: Europe Solid-State Drive Market Share By Storage Size (2016, 2021 & 2027F)
Figure 16: Germany Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 17: Germany Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 18: UK Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 19: UK Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 20: France Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 21: France Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 22: Italy Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 23: Italy Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 24: Spain Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 25: Spain Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 26: Russia Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 27: Russia Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 28: Asia-Pacific Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 29: Asia-Pacific Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 30: Asia-Pacific Solid-State Drive Market Share By Storage Size (2016, 2021 & 2027F)
Figure 31: China Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 32: China Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 33: Japan Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 34: Japan Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 35: India Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 36: India Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 37: Australia Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 38: Australia Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 39: South Korea Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 40: South Korea Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 41: Latin America Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 42: Latin America Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 43: Latin America Solid-State Drive Market Share By Storage Size (2016, 2021 & 2027F)
Figure 44: Brazil Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 45: Brazil Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 46: Argentina Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 47: Argentina Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 48: Columbia Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 49: Columbia Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 50: Middle East & Africa Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 51: Middle East & Africa Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 52: Middle East & Africa Solid-State Drive Market Share By Storage Size (2016, 2021 & 2027F)
Figure 53: UAE Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 54: UAE Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 55: Saudi Arabia Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 56: Saudi Arabia Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 57: South Africa Solid-State Drive Market Size By Value 2016 to 2027F (In USD Billions)
Figure 58: South Africa Solid-State Drive Market Share By Interface (2016, 2021 & 2027F)
Figure 59: Market Attractiveness Index, 2021
Figure 60: Market Attractiveness Index, 2027F
List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Solid-State Drive Market Share By Region (2016, 2021 & 2027F)
Table 5: Global Solid-State Drive Market Share By Country (2016, 2021 & 2027F)
Table 6: Global Solid-State Drive Market Share By Company (2020)
Table 7: Global Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 8: North America Solid-State Drive Market Share By Country (2016, 2021 & 2027F)
Table 9: North America Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 10: US Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 11: Canada Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 12: Mexico Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 13:Europe Solid-State Drive Market Share By Country (2016, 2021 & 2027F)
Table 14: Europe Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 15: Germany Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 16: UK Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 17: France Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 18: Italy Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 19: Spain Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 20: Russia Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 21: Asia-Pacific Solid-State Drive Market Share By Country (2016, 2021 & 2027F)
Table 22: Asia-Pacific Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 23: China Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 24: Japan Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 25: India Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 26: Australia Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 27: South Korea Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 28: Latin America Solid-State Drive Market Share By Country (2016, 2021 & 2027F)
Table 29: Latin America Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 30: Brazil Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 31: Argentina Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 32: Columbia Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 33: Middle East & Africa Solid-State Drive Market Share By Country (2016, 2021 & 2027F)
Table 34: Middle East & Africa Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 35: UAE Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 36: Saudi Arabia Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 37: South Africa Solid-State Drive Market Share By End User (2016 - 2021 & 2022E - 2027F)
Table 38: Key Facts of SK hynix Inc.
Table 39: Key Facts of Western Digital Corporation
Table 40: Key Facts of Seagate Technology Holdings Public Limited
Table 41: Key Facts of Intel Corporation
Table 42: Key Facts of Adata Technology Co. Limited
Table 43: Key Facts of Kioxia Holdings Corporation
Table 44: Key Facts of Micron Technology, Inc.
Table 45: Key Facts of Samsung Electronics Co., Limited
Table 46: Key Facts of Kingston Technology Corporation
Table 47: Key Facts of Transcend Information Inc.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Sk Hynix Inc.
  • Western Digital Corporation
  • Seagate Technology Holdings Public Limited
  • Intel Corporation
  • Adata Technology Co- Limited
  • Kioxia Holdings Corporation
  • Micron Technology, Inc.
  • Samsung Electronics Co. Limited
  • Kingston Technology Corporation
  • Transcend Information Inc.