Global Solid State Drive (SSD) Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research

The modern PC storage is rapidly transforming from traditional HDD technology to Solid State Drives (SSDs). The evolution in ‘Bit growth’ has facilitated the 3-bit MLC NAND technology in the PC storage industry. The solid state drives are gaining considerable attention due to their performance benefits, such as higher random access speeds, multi-tasking ability, and higher reliability and durability, compared to its traditional counterparts.

The faster access time and latency, owing to integrated circuit design instead of fragmentation, and physical movement, is promoting higher penetration of solid state drive in modern PCs. The faster data access time of solid state drive is making it one of the preferred storage systems at enterprise level. The contemporary solid state drives have the random data access time of 0.1ms or less, whereas the traditional HDD takes it about 10 to 12ms.

To Browse Full Report Visit Here: www.psmarketresearch.com/market-analysis/solid-state-drive-market

Based on the application, the global solid state drives market can be segmented as Database (further segmented as, SQL, and No-SQL), Virtualization (further segmented as desktops, and servers), high-performance computing (further segmented as, Up SSD, and Out SSD), Cloud (further segmented as fixed, and varied), and others. Based on the interface technology, the global solid state drives (SSDs) market can be broadly classified as, SATA SSDs, SAS SSDs, and PCI-E SSDs. On the basis of storage capacity, the global solid state drives (SSDs) market can be broadly classified as, 80 GB and below, 81GB to 230GB, 231GB to 500GB, 501GB to 1TB, and above 1TB. Based on the end user, the global solid state drives (SSDs) market can be broadly classified as, enterprise SSD, and client SSD.

Asia-Pacific accounted for the largest market of solid state drives (SSDs) in 2014. The growth of consumer electronics market, along with rapid development in the information and technology (IT) service sectors in the developing countries, including China, India, South Korea, and Taiwan is fueling the growth of the solid state drive (SSD) market in Asia-Pacific. The Client solid state device (SSD) segment has witnessed comparatively higher growth in Asia-Pacific, owing to their escalating demand from consumer mobile devices, such as notebooks, smartphone and tablets.

Browse For Related Research Visit Here: www.psmarketresearch.com/industry-report/semiconductor-and-electronics

Moreover, Asia-Pacific is expected to be the fastest growing solid state drives (SSDs) market during the forecast period, owing to large consumer base and growing service sector in the developing countries. North America is expected to be the second fastest growing region for solid state devices market during the forecast period, owing to the higher replacement rate of traditional HDDs to SSDs. County wise, the U.S., Japan, China, Canada, India, South Korea, Japan, Germany, the U.K., France, and Brazil are expected to be major markets of solid state drives, during the forecast period.

The global solid state drives market is consolidated. The major solid state drives market players, such as Samsung, Intel, and SanDisk together accounted for more than 50% share of the global solid state drives market in 2014. Samsung accounted for nearly 30% (largest) share of the global SSDs market in 2014. The market dominance of the Samsung is attributed to their superior product offerings, along with their higher penetration in the Asia-Pacific Region.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:

Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

This release was published on openPR.