Solid State Drive (SSD) Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71207
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The solid state drive (SSD) market share should rise by USD 47.89 billion from 2021 to 2025 at a CAGR of 23.64%.

This solid state drive (SSD) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (TLC, MLC, and SLC) and geography (APAC, North America, Europe, South America, and MEA). The solid state drive (SSD) market report also offers information on several market vendors, including DataDirect Networks Inc., Intel Corp., International Business Machines Corp., Kingston Technology Co. Inc., Micron Technology Inc., NetApp Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, Sony Group Corp., and Toshiba Corp. among others.

What will the Solid State Drive (SSD) Market Size be in 2021?

To Unlock the Solid State Drive (SSD) Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Solid State Drive (SSD) Market: Key Drivers and Trends

The enhanced performance and durability are notably driving the solid state drive (SSD) market growth, although factors such as poor latency and endurance may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the solid state drive (SSD) industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This solid state drive (SSD) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Solid State Drive (SSD) Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • DataDirect Networks Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • Kingston Technology Co. Inc.
  • Micron Technology Inc.
  • NetApp Inc.
  • Samsung Electronics Co. Ltd.
  • Seagate Technology LLC
  • Sony Group Corp.
  • Toshiba Corp.

 

The vendor landscape of the solid state drive (SSD) market entails successful business strategies deployed by the vendors. The solid state drive (SSD) market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the solid state drive (SSD) market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Solid State Drive (SSD) Market?

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66% of the market’s growth will originate from APAC during the forecast period. China, Japan, South Korea (Republic of Korea), and Taiwan are the key markets for solid state drive (SSD) in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing enterprise storage market will facilitate the solid state drive (SSD) market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Type Segments in the Solid State Drive (SSD) Market?

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The solid state drive (SSD) market share growth by the TCL segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the solid state drive (SSD) market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Solid State Drive (SSD) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 23.64%

Market growth 2021-2025

$ 47.89 billion

Market structure

Fragmented

YoY growth (%)

22.83

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 66%

Key consumer countries

US, China, Japan, South Korea (Republic of Korea), and Taiwan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

DataDirect Networks Inc., Intel Corp., International Business Machines Corp., Kingston Technology Co. Inc., Micron Technology Inc., NetApp Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, Sony Group Corp., and Toshiba Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Solid State Drive (SSD) Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive solid state drive (SSD) market growth during the next five years
  • Precise estimation of the solid state drive (SSD) 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 drive (SSD) market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of solid state drive (SSD) market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • TLC - Market size and forecast 2020-2025
    • MLC - Market size and forecast 2020-2025
    • SLC - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • DataDirect Networks Inc.
      • Intel Corp.
      • International Business Machines Corp.
      • Kingston Technology Co. Inc.
      • Micron Technology Inc.
      • NetApp Inc.
      • Samsung Electronics Co. Ltd.
      • Seagate Technology LLC
      • Sony Group Corp.
      • Toshiba Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The solid state drive (ssd) market growth will increase by $47896.03 million during 2020-2025.
      The solid state drive (ssd) market is expected to grow at a CAGR of 23.64% during 2020-2025.
      Technavio has segmented the solid state drive (ssd) market by type (TLC, MLC, and SLC) and geographic (APAC, North America, Europe, South America, and MEA).
      DataDirect Networks Inc., Intel Corp., International Business Machines Corp., Kingston Technology Co. Inc., Micron Technology Inc., NetApp Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, Sony Group Corp., Toshiba Corp. are a few of the key vendors in the solid state drive (ssd) market.
      APAC will register the highest growth rate of 65.87% among the other regions. Therefore, the solid state drive (ssd) market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • Japan
      • South Korea (Republic of Korea)
      • Taiwan
      The key factors driving the solid state drive (ssd) market growth are:
      • Enhanced performance and durability
      The solid state drive (ssd) market vendors should focus on grabbing business opportunities from the tlc segment as it accounted for the largest market share in the base year.
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