Global Solid State Drive (SSD) Market 2015-2019

October 14, 2015

About solid state drives

A solid state drive is a solid state disk or an electronic disk that is used for data storage. It is made of semiconductors and uses the same input/output interface design as HDDs and stores data in solid state memory. These devices use DRAM or NAND-based flash memory to store data. The lack of moving parts reduce the risk of mechanical failures of SSDs allowing data transfer at higher speeds. In addition, they are suited for harsh environments and extreme shock and consume less power, thus increasing consistency.

Flash-based SSDs do not require batteries as they use non-volatile flash memory and can retain memory during power failures. This type of SSDs are slower and less expensive. DRAM-based SSDs need an external adapter or power source and use volatile memory. They have high speed and are more expensive. Solid-state storage is available in three form factors: solid-state drives (SSD), solid-state cards (SSC), and solid-state modules (SSM).

Technavio's analysts forecast the global SSD market to grow at a CAGR of 9.69% by revenue over the period 2014-2019.

Covered in this report
The report covers the present scenario and the growth prospects of the global SSD market for 2015-2019. The market has been segmented and sub-segmented on the following basis:

By type:

  •  SLC
  •  MLC
  • TLC

By application:

  • Enterprise
  • Client

By geography:

  • Americas
  • EMEA 
  • APAC

Technavio's report, Global SSD Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the global SSD market landscape and its opportunities in the coming years. The report includes a discussion of the key vendors operating in this market. Also, this report presents the growth factors driving this market, the challenges faced by the vendors, and the trends influencing this market that will stimulate growth during the forecast period.

Key vendors

  • Intel
  • Micron
  • Samsung
  • Sandisk
  • Toshiba

Other prominent vendors

  • A3cube 
  • Apacer
  • Cactus Technologies
  • HGST
  • IBM 
  • Kingston Technology 
  • LSI
  • Maxta
  • Memblaze
  • Nimbus Data Systems
  • OCZ

Key market driver

  • Increased usage of smart devices
  • For a full, detailed list, view our report

Key market challenge

  • Poor latency and endurance
  • For a full, detailed list, view our report

Key market trend

  • 3D NAND
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?