Solid State Drive (SSD) Market have gained significant recognition over the years due to their use in data centers along with the growing penetration of internet across various sectors of the economy. A solid-state drive is an advanced digital storage device that is used in computers. These devices replace the traditional mechanical hard disks in computers and depend on flash-base memory to store data, which is faster. Moreover, these devices enhance the performance of computers due to their low read-access times.
None of the parts in SSDs are moveable, instead, they use NAND flash memory, which is comparatively stable and last for a longer period of time. These devices are favorable in areas like mobility, gaming, business, and servers. Gaming computers have constantly expanded beyond what conventional computing technology offers, justifying the use of expensive equipment for the benefit of gaming performance.
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In terms of storage, the SSD market is categorized into above 2 TB, 1T B - 2 TB, 500 GB - 1 TB, and under 500 GB. The above 2 TB SSD storage devices market is projected to record a CAGR of almost 25%, registering over 30 million unit shipments within 2026. Increasing development of connected and smart appliances along with rapid expansion of smart city infrastructure could boost the adoption of high-quality SSDs to process and store Big Data. Moreover, surging adoption of the Internet of Things (IoT) across practically every sector might further support industry growth.
Meanwhile, rapid development across the gaming sector coupled with increasing adoption of high encrypted graphics to create realistic games could play a crucial role in expanding the storage capacities of gaming laptops and consoles. Electronic manufacturers have begun developing SSDs that offer high and improved storage options especially for gaming. For example, in June 2019, Western Digital released SN750 NVMe SSD based on the M.2 form factor for PC games.
List of the Key Companies that are Operating in the Solid State Drive (SSD) Market. They are as follows:
ADATA Technology Co. Ltd, Bitmicro networks Inc, Intel Corporation, Kinston Technology, KIOXIA America, Inc (Toshiba Corporation), Micron, Microsemi, Mushkin Enhanced MFG, Netapp, Samsung, Seagate Technology LLC, SK Hynix Inc., Viking Technology, Western Digital
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Table Of Content:
Chapter 5. Solid State Drive (SSD) Market, By Interface (Revenue, Shipments)
5.1. Key trends, by interface
5.2.1. Market estimates and forecast, 2016 - 2026
5.3.1. Market estimates and forecast, 2016 - 2026
5.4.1. Market estimates and forecast, 2016 – 2026
Chapter 6. Solid State Drive (SSD) Market, By Technology (Revenue, Shipments)
6.1. Key trends, by technology
6.2.1. Market estimates and forecast, 2016 – 2026
6.3.1. Market estimates and forecast, 2016 – 2026
6.4.1. Market estimates and forecast, 2016 – 2026
Chapter 7. Solid State Drive (SSD) Market, By Storage (Revenue, Shipments)
7.1. Key trends, by storage
7.2. Under 500 GB
7.2.1. Market estimates and forecast, 2016 – 2026
7.3. 500 GB-1TB
7.3.1. Market estimates and forecast, 2016 – 2026
7.4.1. Market estimates and forecast, 2016 – 2026
7.5. Above 2TB
7.5.1. Market estimates and forecast, 2016 – 2026
Chapter 8. Solid State Drive (SSD) Market, By Application (Revenue, Shipments)
8.1. Key trends, by application
8.2.1. Market estimates and forecast, 2016 - 2026
8.3.1. Market estimates and forecast, 2016 - 2026
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