Solid State Drives Market 2020 | Competitive Analysis by Key Vendors, Growth Factors New Revenue Opportunities | Fusion-io, IBM, HGST, OCZ, SanDisk, Violin Memory, Seagate, Cisco, A3CUBE and more

The Objective of the Solid State Drives Market report is to depict the trends and upcoming for Solid State Drives Industry over the forecast years. In Solid State Drives Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Solid state drives (SSD) are data storage devices used to store virtual data through integrated circuits, unlike conventional input and output blocks. A plethora of advantages, such as phenomenal speed, compact design, and low power consumption have widened the scope of applications for solid state drives in hand held devices such as laptops, Smartphone etc. Furthermore, the attribute of low heat generation increases the lifespan of the servers used in enterprise solutions such as big data. Despite the many benefits of the solid state drive, it sometimes consumes more power than the ideal power provided by the system to the hard drive. Furthermore, the high up gradation cost of solid state drives and unavailability of large-sized SSD model are hindering the market growth.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the business for future challenges in advance.

The research offers a detailed segmentation of the solid state drives market. Key segments analyzed in the research include Application type, End User Type and geography. Extensive analysis of sales, revenue, growth rate, and market share of each Application type, End User Type for the historic period and the forecast period is offered with the help of tables.

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The report offers key drivers that propel the growth in the solid state drives market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

The leading manufacturers of solid state drives are Fusion-io, IBM, HGST, OCZ, SanDisk, Violin Memory, Seagate, Cisco, A3CUBE and PLX Technology. The global solid state drives market is broadly classified into application, end users and geography. SSD application market comprises of Enterprise Storage, Networking, Server Mobile, Client Storage, Client Computing and Others. Client computing and storage are expected to be the highest revenue generating market due to the high demand for large data storage. The global SSD end users market is segmented into Graphics and consumers, Networking organizations and Business Enterprises. Geographically, the market is segmented into North America, Europe, Asia-Pacific and LAMEA.

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The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

KEY BENEFITS

Market projections are made for the next eight years by considering 2013 as the base year.

Porter’s Five Forces and SWOT analysis would illustrate the potency of buyers and suppliers in the market and thereby help in making strategic decisions.

Analysis of key market players and strategies adopted by them would provide deep dive intelligence on the top contenders in the market.

Identification of key investment pockets in the solid state drives market would aid stakeholders in their decision-making.

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