Global Solid State Drives (SSD) Market 2023-2030

Global Solid State Drives (SSD) Market-By Type (Internal SSD and Portable SSD); By Technology (Single-Level Cell (SLC), Multi-Level Cell (MLC), Triple-Level Cell (TLC), and Quad-Level Cell (QLC)); By Interface (SATA, PCIe, and Others); Internal SSD Form Factor (M.2, 2.5, U.2, and mSATA); Portable SSD Form Factor (USB 3.2 Gen 1, USB 3.2 Gen 2, USB 3.2 Gen 2×1, USB 3.2 Gen 2×2, Thunderbolt 3, and USB 3.1 Gen2); By Storage Capacity (up to 500GB, 500GB-1TB, 1TB-2TB, and Above 2TB); By End-User (Automotive, Consumer, Enterprise, and Industrial); By Geography (APAC, Americas, Europe, and MEA).

DESCRIPTION

Market Intelligence Summary

According to WDO Consulting, the global solid state drives (SSD) shipment reached XX million units in 2023. In terms of revenue, the global SSD market was valued at $XX million in 2023 and is projected to reach a value of $XX million by 2030, growing at a compound annual growth rate (CAGR) of around XX% from 2023 to 2030.
Solid-state drives (SSDs) are rapidly replacing traditional hard disk drives (HDDs) across various sectors. This shift is driven by a confluence of key developments and growth factors. For instance, advancements in NAND flash memory technology such as 3D NAND technology, the core component of SSDs, have led to increased storage capacity, faster read/write speeds, and improved durability.
The transition from SATA to PCIe interfaces has contributed to faster data transfer rates for SSDs. PCIe-based SSDs are increasingly common in both consumer and enterprise applications. Cloud service providers are increasingly adopting SSDs in their data centers to accelerate data processing, improve server performance, and reduce latency. This translates to faster loading times, smoother streaming, and a more responsive cloud experience for end users.
Also, SSDs are now available in various form factors, catering to diverse needs. M.2 NVMe drives offer compact footprints ideal for thin laptops and mobile devices, while ruggedized SSDs withstand harsh environments for industrial applications.

Global CMOS Image Sensors Market Research Report Coverage (2023-2030)

Report coverage Details
Base year 2023
Forecast year 2030
Unit shipment Million units
Revenue USD million
By type (Million units & USD million)
  • Internal SSD
  • Portable SSD
By technology (Million units & USD million)
  • Single-Level Cell (SLC)
  • Multi-Level Cell (MLC)
  • Triple-Level Cell (TLC)
  • Quad-Level Cell (QLC)
By interface (Million units & USD million)
  • SATA
  • PCIe
  • Others
By internal SSD form factor (Million units & USD million)
  • M.2
  • 2.5
  • U.2
  • mSATA
By portable SSD form factor (Million units & USD million)
  • USB 3.2 Gen 1
  • USB 3.2 Gen 2
  • USB 3.2 Gen 2×1
  • USB 3.2 Gen 2×2
  • Thunderbolt 3
  • USB 3.1 Gen2
By storage capacity (Million units & USD million)
  • up to 500GB
  • 500GB-1TB
  • 1TB-2TB
  • Above 2TB
By end-user (Million units & USD million)
  • Automotive
  • Consumer
  • Enterprise
  • Industrial
By geography(USD million)
  • Americas-US, Canada, Mexico, Brazil, Argentina, and Rest of Americas
  • Europe-Germany, UK, France, Italy, Nordic Countries (Sweden, Norway, Denmark, Finland), and Rest of Europe
  • APAC-China, Japan, India, South Korea, and Rest of APAC
  • MEA-UAE, Saudi Arabia, Qatar, Rest of Middle East, and Africa
Market players coverage (Top 5 players market share)
  • ADATA Technology
  • Apacer Technology
  • BIWIN TECHNOLOGY
  • CORSAIR
  • Galaxy Microsystems
  • GIGA-BYTE Technology
  • Innodisk
  • Intel
  • Kingston Technology
  • KIOXIA
  • Longsys
  • Maxio Technology(Hangzhou)
  • Micron Technology
  • Mushkin Enhanced
  • Netac Technology
  • PATRIOT MEMORY
  • PHISON ELECTRONICS
  • PNY Technologies
  • Samsung Electronics
  • Seagate Technology
  • Silicon Motion Technology
  • Silicon Power Computer & Communications
  • SK hynix
  • Super Talent Technology
  • Teamgroup
  • Transcend
  • Western Digital

Market Dynamics: Key drivers, trends, and challenges

  • Key market drivers
    • Advancements in SSD controller ICs
    • The growth of data-centric applications, including cloud computing and big data analytics
  • Key market trends
    • Increasing adoption of SSDs in servers for faster data access
    • Direct integration of SSDs with processors
    • The development and widespread adoption of 3D NAND technology
  • Key market challenges
    • Fragmentation across different form factors, interfaces, and protocols
    • High-performance SSDs generate substantial heat leading to thermal management issues

Key questions to be answered

1. What is the current market size of the Global Solid State Drives (SSD) market, and what is its growth potential over the next five years?
2. How many Solid State Drives (SSD) were shipped in 2023, and the forecasted shipmnet by 2030?
3. What is the Compound Annual Growth Rate (CAGR) of the Global Solid State Drives (SSD) market?
4. Which are the key segments covered in the Global Solid State Drives (SSD) market, and which segments are experiencing the fastest growth?
5. Which geographical region offers the highest growth opportunities in the Global Solid State Drives (SSD) market?
6. How is the competitive landscape evolving, and who are the key players in the Global Solid State Drives (SSD) market?
7. Who are the top five players in the Global Solid State Drives (SSD) market, and what is their respective market share?

TABLE OF CONTENTS

  • 1. Project scope
    • 1.1 Market definition
    • 1.2 Study objective
    • 1.3 Scope inclusions
    • 1.4 Scope exclusions
    • 1.5 Assumptions
    • 1.6 Limitations
  • 2. Executive summary
    • 2.1 Key findings of the study
    • 2.2 Key insights from industry experts
    • 2.3 Analyst opinion
  • 3. Research methodology
    • 3.1 Supply-side research methodology
    • 3.2 Demand-side research methodology
  • 4. Market dynamics
    • 4.1 Trends
    • 4.2 Drivers
    • 4.3 Challenges
    • 4.4 Ecosystem
    • 4.5 Use cases
    • 4.6 Market developments
      • 4.6.1 Macroeconomic factors
        • 4.6.1.1 Currency fluctuations
        • 4.6.1.2 Supply chain disruptions
        • 4.6.1.3 Government regulations
        • 4.6.1.4 Others
      • 4.6.2 Microeconomic factors
        • 4.6.2.1 Price fluctuations
        • 4.6.2.2 Technological advancements
  • 5. Solid state drives (SSD) market size and forecast, by type
    • 5.1 Unit shipment 2023-2030 (Million units)
      • 5.1.1 Internal SSD
      • 5.1.2 Portable SSD
    • 5.2 Revenue 2023-2030 (USD million)
      • 5.2.1 Internal SSD
      • 5.2.2 Portable SSD
  • 6. Solid state drives (SSD) market size and forecast, by technology
    • 6.1 Unit shipment 2023-2030 (Million units)
      • 6.1.1 Single-Level Cell (SLC)
      • 6.1.2 Multi-Level Cell (MLC)
      • 6.1.3 Triple-Level Cell (TLC)
      • 6.1.4 Quad-Level Cell (QLC)
    • 6.2 Revenue 2023-2030 (USD million)
      • 6.2.1 Single-Level Cell (SLC)
      • 6.2.2 Multi-Level Cell (MLC)
      • 6.2.3 Triple-Level Cell (TLC)
      • 6.2.4 Quad-Level Cell (QLC)
  • 7. Solid state drives (SSD) market size and forecast, by interface
    • 7.1 Unit shipment 2023-2030 (Million units)
      • 7.1.1 SATA
      • 7.1.2 PCIe
      • 7.1.3 Others
    • 7.2 Revenue 2023-2030 (USD million)
      • 7.2.1 SATA
      • 7.2.2 PCIe
      • 7.2.3 Others
  • 8. Solid state drives (SSD) market size and forecast, by internal SSD form factor
    • 8.1 Unit shipment 2023-2030 (Million units)
      • 8.1.1 M.2
      • 8.1.2 2.5
      • 8.1.3 U.2
      • 8.1.4 mSATA
    • 8.2 Revenue 2023-2030 (USD million)
      • 8.2.1 M.2
      • 8.2.2 2.5
      • 8.2.3 U.2
      • 8.2.4 mSATA
  • 9. Solid state drives (SSD) market size and forecast, by portable SSD form factor
    • 9.1 Unit shipment 2023-2030 (Million units)
      • 9.1.1 USB 3.2 Gen 1
      • 9.1.2 USB 3.2 Gen 2
      • 9.1.3 USB 3.2 Gen 2×1
      • 9.1.4 USB 3.2 Gen 2×2
      • 9.1.5 Thunderbolt 3
      • 9.1.6 USB 3.1 Gen2
    • 9.2 Revenue 2023-2030 (USD million)
      • 9.2.1 USB 3.2 Gen 1
      • 9.2.2 USB 3.2 Gen 2
      • 9.2.3 USB 3.2 Gen 2×1
      • 9.2.4 USB 3.2 Gen 2×2
      • 9.2.5 Thunderbolt 3
      • 9.2.6 USB 3.1 Gen2
  • 10. Solid state drives (SSD) market size and forecast, by storage capacity
    • 10.1 Unit shipment 2023-2030 (Million units)
      • 10.1.1 up to 500GB
      • 10.1.2 500GB-1TB
      • 10.1.3 1TB-2TB
      • 10.1.4 Above 2TB
    • 10.2 Revenue 2023-2030 (USD million)
      • 10.2.1 up to 500GB
      • 10.2.2 500GB-1TB
      • 10.2.3 1TB-2TB
      • 10.2.4 Above 2TB
  • 11. Solid state drives (SSD) market size and forecast, by end-user
    • 11.1 Unit shipment 2023-2030 (Million units)
      • 11.1.1 Automotive
      • 11.1.2 Consumer
      • 11.1.3 Enterprise
      • 11.1.4 Industrial
    • 11.2 Revenue 2023-2030 (USD million)
      • 11.2.1 Automotive
      • 11.2.2 Consumer
      • 11.2.3 Enterprise
      • 11.2.4 Industrial
  • 12. Solid state drives (SSD) market size and forecast, by geography
    • 12.1 Americas
      • 12.1.1 US
      • 12.1.2 Canada
      • 12.1.3 Mexico
      • 12.1.4 Brazil
      • 12.1.5 Argentina
      • 12.1.6 Rest of Americas
    • 12.2 Europe
      • 12.2.1 Germany
      • 12.2.2 UK
      • 12.2.3 France
      • 12.2.4 Italy
      • 12.2.5 Nordic countries (Sweden, Norway, Denmark, Finland)
      • 12.2.6 Rest of Europe
    • 12.3 APAC
      • 12.3.1 China
      • 12.3.2 Japan
      • 12.3.3 India
      • 12.3.4 South Korea
      • 12.3.5 Rest of APAC
    • 12.4 MEA
      • 12.4.1 UAE
      • 12.4.2 Saudi Arabia
      • 12.4.3 Qatar
      • 12.4.4 Rest of Middle East
      • 12.4.5 Africa
  • 13. Competitive scenario
    • 13.1 Market concentration
    • 13.2 Top five companies market share 2023
    • 13.3 Key strategies
    • 13.4 Key investments
  • 14. Company profiles
    • 14.1 ADATA Technology
      • 14.1.1 Business overview
      • 14.1.2 Product portfolio
      • 14.1.3 Key developments
    • 14.2 Apacer Technology
      • 14.2.1 Business overview
      • 14.2.2 Product portfolio
      • 14.2.3 Key developments
    • 14.3 BIWIN TECHNOLOGY
      • 14.3.1 Business overview
      • 14.3.2 Product portfolio
      • 14.3.3 Key developments
    • 14.4 CORSAIR
      • 14.4.1 Business overview
      • 14.4.2 Product portfolio
      • 14.4.3 Key developments
    • 14.5 Galaxy Microsystems
      • 14.5.1 Business overview
      • 14.5.2 Product portfolio
      • 14.5.3 Key developments
    • 14.6 GIGA-BYTE Technology
      • 14.6.1 Business overview
      • 14.6.2 Product portfolio
      • 14.6.3 Key developments
    • 14.7 Innodisk
      • 14.7.1 Business overview
      • 14.7.2 Product portfolio
      • 14.7.3 Key developments
    • 14.8 Intel
      • 14.8.1 Business overview
      • 14.8.2 Product portfolio
      • 14.8.3 Key developments
    • 14.9 Kingston Technology
      • 14.9.1 Business overview
      • 14.9.2 Product portfolio
      • 14.9.3 Key developments
    • 14.10 KIOXIA
      • 14.10.1 Business overview
      • 14.10.2 Product portfolio
      • 14.10.3 Key developments
    • 14.11 Longsys
      • 14.11.1 Business overview
      • 14.11.2 Product portfolio
      • 14.11.3 Key developments
    • 14.12 Maxio Technology(Hangzhou)
      • 14.12.1 Business overview
      • 14.12.2 Product portfolio
      • 14.12.3 Key developments
    • 14.13 Micron Technology
      • 14.13.1 Business overview
      • 14.13.2 Product portfolio
      • 14.13.3 Key developments
    • 14.14 Mushkin Enhanced
      • 14.14.1 Business overview
      • 14.14.2 Product portfolio
      • 14.14.3 Key developments
    • 14.15 Netac Technology
      • 14.15.1 Business overview
      • 14.15.2 Product portfolio
      • 14.15.3 Key developments
    • 14.16 PATRIOT MEMORY
      • 14.16.1 Business overview
      • 14.16.2 Product portfolio
      • 14.16.3 Key developments
    • 14.17 PHISON ELECTRONICS
      • 14.17.1 Business overview
      • 14.17.2 Product portfolio
      • 14.17.3 Key developments
    • 14.18 PNY Technologies
      • 14.18.1 Business overview
      • 14.18.2 Product portfolio
      • 14.18.3 Key developments
    • 14.19 Samsung Electronics
      • 14.19.1 Business overview
      • 14.19.2 Product portfolio
      • 14.19.3 Key developments
    • 14.20 Seagate Technology
      • 14.20.1 Business overview
      • 14.20.2 Product portfolio
      • 14.20.3 Key developments
    • 14.21 Silicon Motion Technology
      • 14.21.1 Business overview
      • 14.21.2 Product portfolio
      • 14.21.3 Key developments
    • 14.22 Silicon Power Computer & Communications
      • 14.22.1 Business overview
      • 14.22.2 Product portfolio
      • 14.22.3 Key developments
    • 14.23 SK hynix
      • 14.23.1 Business overview
      • 14.23.2 Product portfolio
      • 14.23.3 Key developments
    • 14.24 Super Talent Technology
      • 14.24.1 Business overview
      • 14.24.2 Product portfolio
      • 14.24.3 Key developments
    • 14.25 Teamgroup
      • 14.25.1 Business overview
      • 14.25.2 Product portfolio
      • 14.25.3 Key developments
    • 14.26 Transcend
      • 14.26.1 Business overview
      • 14.26.2 Product portfolio
      • 14.26.3 Key developments
    • 14.27 Western Digital
      • 14.27.1 Business overview
      • 14.27.2 Product portfolio
      • 14.27.3 Key developments

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