SSD Controller Market Size, Share, Growth and Forecast to 2027|Top Market Players are Marvell Technology Group (UK), Samsung (South Korea), Intel (US), Toshiba (Japan) and Western Digital (US)

Market Overview

The worldwide SSD controllers market was worth USD 27 billion in 2019 and is expected to reach USD 61 billion by 2026, growing at a CAGR of 14% between 2020 and 2026. The market's development can be ascribed to the increasing adoption of high-end cloud computing, the benefits of SSDs over HDDs, and the greater recognition of SSDs in data centres.

Electronics that link flash memory components hosting SSD input or output interfaces or computers are called SSD controllers. The embedded processor provides high performance while consuming little electricity. On SSD controllers, it executes firmware-level software coding. SSD controllers are also electrical components that are housed in a single integrated circuit (IC). Microcontrollers with 16 or 32 bits are used in SSD controller embedded processors. Furthermore, SSD controllers support electrical interfaces such as SATA, SAS, USB, NAND, or a mix of these.

The significant surge in demand for cloud-based data centres is one of the key drivers driving SSD controller demand. Because of the low cost of cloud storage, interest in public cloud storage is growing. As a result, demand for data centres that could store massive amounts of data and perform highly data-intensive tasks is increasing.

As businesses become increasingly reliant on cloud-based services, the number of mega data centres is likely to skyrocket, boosting demand for SSD controllers within the years to come.

The development of 3D NAND technology, which has revolutionised electronic storage, is one of the important trends fueling the development of the SSD controllers industry. When compared to planar design, 3D NAND technology has several advantages, notably lower power consumption and longer endurance.

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Market Segmentation

The global SSD controllers market is segmented into three types: multi-level cell, single-level cell, and triple-level cell. Due to the increased production activities of new technologies such as 3D Flash and MLC, multi-level cell (MLC) is expected to dominate the market over the projection period. MLC offers many advantages over single-level cells, such as a lower cost and higher performance for a corporate SSD. Because of the higher data density, MLC has a lower cost per storage unit, which is a significant advantage. Furthermore, many SSD controller manufacturers are producing many MLC SSDs for business use. This is accelerating the global market's expansion.

The global SSD controllers market is divided into four segments based on application: data centre, client, enterprise, and retail. Because of the rising need for controllers in the expanding number of data centre facilities worldwide, the data centre segment is expected to dominate the global market. Furthermore, the enterprise segment is expected to develop at a high rate throughout the forecast period.

Regional Classification

The SSD controller market in North America is the largest. The market is being driven by cloud computing, the growing acceptance of SSD controller technology in sophisticated computing systems, and the spread of big data analytics. Data centres are the most prevalent use for SSD controllers.

Because of the high pace of growth of developing markets such as China, Japan, and South Korea in this area, the SSD controller market is expected to rise at a substantial CAGR over the forecast period.

Industry News

The SSD controller market is divided into four categories: form factor, technology, interface, and end-user. The development of segments allows you to analyse specific pockets of growth and market approaches and establish your main application regions and target market differences.

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SSD Controller Market Research Report: by Type (Single-level cells (SLC), Multi-level cells (MLC), Triple-level cells (TLC)), Storage Interface (SATA, SAS, PCIe), Application (Data Center, Enterprise, Client, Retail), Region (North America, Europe, Asia-Pacific, Middle East & Africa and Central and South America) - Forecast till 2027

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