Global Solid-state Array Market 2018-2022

Below are some of the key findings from this solid-state array market analysis report

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Global solid-state array industry overview

The increasing demand for cloud-based storage is driving the global solid-state array market. Cloud storage is an on-demand service which provides high-performance computing to the enterprises by using high IOPS SSD. The solid-state array is used in cloud-based storage because it reduces the power costs and alleviates the strain generated by excessive wattage flowing through the server. The increasing demand for cloud-based storage also raises the demand for solid-state array, hence driving the market.

Also, the growth of hyperscale data centers is positively impacting the global solid-state array market. Hyperscale data centers provide a single massive and scalable computer architecture and manage the increasing amount of data being generated. Hyperscale data centers have massive storage options because of which they are equipped with SSDs, as they have a higher performance margin over other types of storage devices. Owing to the advantages of hyperscale data centers, several end-users adopt it, subsequently driving the solid-state array market. Thus, the increasing demand for cloud-based storage coupled with the growth of hyperscale data centers is driving the solid-state array market growth at a CAGR of more than 29% during the forecast period.

Top solid-state array companies covered in this market research report

The global solid-state array market is highly concentrated. The market is in the initial stage of growth and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this solid-state array market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading solid-state array providers including:

• Intel
• Micron Technology
• Samsung
• SK HYNIX
• Toshiba
• Western Digital

 Solid-state array market segmentation based on interface

• SATA
• PCLe
• SAS

SATA was the dominating interface of the global solid-state array market in 2017. The market share of this segment will continue to dominate the market throughout the next five years.

Solid-state array market segmentation based on region

• The Americas
• APAC
• EMEA

The Americas accounted for the largest solid-state array market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global solid-state array market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the solid-state array market during the next five years
• Precise estimation of the global solid-state array market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the solid-state array industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of solid-state array companies

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