Solid State Drive Market Forecasts From 2020 To 2025
DESCRIPTION Solid State Drive (SSD) market is projected to grow at a CAGR of 14.98% over the forecast period to reach US$47.821 billion in 2025 from US$20.701 billion in 2019. Solid State Drive (SSD) is a type of nonvolatile storage media that is used for storing persistent data on solid-state flash memory. SSD is faster, quieter, with larger capacity, and affordable. SSD storage device uses integrated circuit assemblies to store data persistently, typically using flash memory, and functioning as secondary storage in the hierarchy of computer storage. It is also called solid-state disk. Demand for the SSD market is high by data centers owing to the need for faster, cheaper and denser storage. A solid-state drive is required for various complex operations in data-
sensitive industries such as financial services, life sciences, and energy management. Key factors for the market growth are declining prices, performance improvement due to the formation of NVMe, and surge in cloud customers.
Some Key Questions Answered By The Report
▪What will be Solid State Drive Market from 2020 to 2025? ▪How are the major drivers and restraints affecting the Solid State Drive Market. ▪Growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why?
Geography
North America
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United States
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Canada
•
Mexico
•
Others
South America
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Brazil
•
Argentina
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Others
GEOGRAPHY Europe
Germany
France
Italy
United Kingdom
Others
Middle East and Africa
Israel
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Others
SEGMENT ANALYSIS
We have included all segments of this market in market research report.
The Solid State Drive market has been segmented on the basis of interface type, end-user industry, and geography.
For complete segment information visit us
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CONCLUSION
ď‚Ą Major players in the Solid State Drive market have been covered along with
their relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market
players over the last year. ď‚Ą The company profiles section details the business overview, financial
performance for the past three years, key products and services being offered along with the recent developments of these important players in the Solid State Drive market.
COMPANY PROFILES Intel Corporation
SAMSUNG Kingston Technology Europe Co LLP LITE-ON Technology Corporation Western Digital Corporation
Micron Technology, Inc. SK hynix Inc. Microsemi Corporation Seagate Technology LLC KIOXIA Corporation
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