Solid State Drive Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The solid-state drive (SSD) market was valued at USD 3.46 billion in 2020, and is to grow at an annual average of 14% over the forecast period (2022-2028) to reach USD 83.4 billion by 2028. The demand for data storage has been increasing tremendously over the past few years and is expected to witness an increasing trend during the forecast period as well. To meet this enormous demand for data storage, solid state drives (SSDs) and hard disk drives (HDDs) have emerged as two major storage solutions, each with their own advantages.

Company Profile

• Intel Corporation
• Micron Technology
• Samsung Electronics Co. Ltd.
• Seagate Technology PLC
• Western Digital Corporation
• Technological proliferation

Market Segmentation

By Interface

• SATA
• SAS       
• PCIe

By Form Factor

• 1.8”/2.5”
• 3.5”

By Technology

• SLC
• MLC Planar

By Storage: 

• Under 500 GB
• 500 GB–1 TB

By End-User: 

• Enterprise
• Client

Scope of the Report

The research study analyzes the global Solid State Drive industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Solid State Drive Market Report

1. What was the Solid State Drive Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Solid State Drive Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Solid State Drive Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.