Press release
Key Trends in the SSD Controller Market from 2022-2031
SSD controller is an embedded processor that executes firmware-level software. SSD firmware is device specific and can be updated.
Conventional SSD controllers are electrical elements contained within a single Integrated Circuit (IC) that are embedded processors usually consisting of a 32-bit microcontroller, electrically erasable data firmware ROM, and system RAM.
It also supports an external RAM - usually DDR/DDR2 as SDRAM; Error Correction Code (ECC) circuitry; flash component interface that are standard interface, such as the Open NAND Flash Interface (ONFI); and host electrical interface, usually SATA, USB, SAS, or combination.
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Rise in Demand for SSD Controller in Automotive and Electronics Industry
One of the primary factors driving the demand for SSD controllers is the rapid rise in demand for cloud-based data centers. The low cost of cloud storage is leading to increasing demand for public cloud storage. This has led to the growing demand for data centers which can store a large amount of data and require highly data-intensive operations.
Tremendous rise in number of mega data centers is seen as enterprises are becoming more inclined toward cloud-based operations; this is expected to boost the demand for SSD controllers in the years to come.
One of the key trends influencing the growth of the SSD controllers market is the growth of 3D NAND technology which has brought revolution in electronic storage. 3D NAND technology offers various advantages including low power consumption and better endurance as compared to planar architecture. These architectures are one-dimensional and can therefore store more data by increasing its density. This leads to an increase in SSD capacity and a decline in prices.
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North America to Lead the Global SSD Controller Market
In terms of region, the global SSD controller market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America has the largest market share in the SSD controller market. The wide adoption of SSD controller technology in advanced computing systems, growth of cloud computing, and proliferating big data analytics is leading to the growth of the market. SSD controller technology is largely being applied in data centers.
The market in Asia Pacific is expected to expand at the highest growth rate during the forecast period. Leading countries in the region including China, Japan, and South Korea are creating immense opportunities for the growth of the SSD controller market.
Europe is also expected to witness huge demand for SSD controller technology owing to demand from the automotive sector under the client segment.
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Key Players in the Global SSD Controller Market
Intel Corporation
Micron Technology
Samsung
Marvel
Toshiba Corporation
Western Digital
LITE-ON Technology Corporation
Fusion-Io, Inc.
Kingston Technology
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Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
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