Solid state drives are a new technology in the field of data storage and an alternative to traditional storage HDDs. Increasing Internet usage, growing e-commerce industry, rapid development driven by digitalization, and increasing media data transmission volume are expected to lead the market. However, the high cost of SSDs compared to HDDs can hinder the growth of the market as SSDs are about 6-7 times more expensive than HDDs.
Solid-State Drive market is expected to grow from USD 21.78 billion in 2017 to USD 50.72 billion by 2027, at a compound annual growth rate (CAGR) of 15% during the forecast period.
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Following are the segments covered by the report are:
- SLC
- MLC
- TLC
By Application:
- Data Centers
- Desktop PCs
- Notebooks/Tablets
The Key manufacturers that are operating in the global Solid-state Drives (SSDs) market are:
- Toshiba Corp
- SanDisk
- Lenovo
- Netac
- Teclast
- Hewlett Packard
- Western Digital Corporation
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Scope of the Report
The research study analyzes the global Solid State Drives 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 Drives Market Report
1. What was the Solid State Drives Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Solid State Drives Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Solid State Drives Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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