Solid State Drives Market Size | Report Forecast 2021- 2029

Solid State Drives (SSD) Market Forecast to 2029 - COVID-19 Impact and Global Analysis By Type (External, Internal); Technology (Single-Level Cell (SLC), Multi-Level Cell (MLC), Triple-Layer Cell (TLC)); Storage (Under 500 GB, 500 GB-1 TB, 1 TB - 2 TB, Above 2 TB); End-User (Industrial, Automotive, Enterprise, Client, Others) and Geography

  • Report Code : TIPRE00010778
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 216
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The solid state drives market is expected to grow from US$ 53,829.6 million in 2021 to US$ 143,557.0 million by 2029; it is estimated to grow at a CAGR of 15.0% during 2022 to 2029.

Increasing Penetration of High-End Cloud Computing

Cloud computing is rapidly becoming one of the most popular methods for businesses and individuals to back up and preserve their data. With the growing variety of cloud platforms-from classic corporate private and new public clouds to personal clouds in homes—the need for SSDs has constantly been expanding. SSDs featuring new interfaces such as PCIe, NVMe, and others have emerged due to technological improvements in solid state storage. PCIe SSDs for cloud computing are becoming more popular due to improved capabilities such as high speed and quick data access. New PCIe SSDs provide excellent performance with low latency and high frequency. A Solid state drive with these capabilities is necessary for various sophisticated activities in data-sensitive businesses like financial services, medical sciences, and energy management, where each microsecond of latency results in a significant revenue loss. Solid state drives, or SSDs as they are more frequently known, are storage devices that rely on memory. Traditional hard disc drives differ from SSDs because they lack magnetic storage and, more significantly, moving parts.

Several big firms manage their cloud platforms and respond to their clients' increased demand for SSDs. For example, Google employs permanent SSD storage for compute engine users in open beta, delivering high-input/output operations per second (IOPS) and allowing Google cloud platform customers to use SSDs faster on workloads. Compared to standard magnetic media, these activities allow faster delivery of input/output (I/O) and are less redundant. Facebook Inc. employs PCIe flashcards instead of hard drives for its MySQL databases to take advantage of FusionIO's logging system, which preserves data in the event of a power outage. Compared to HDD storage, this has resulted in a 50% reduction in latency and a 33% increase in throughput. SSDs aid in the reduction of infrastructure costs and the improvement of response times. For mega-clouds and virtualized servers, SSDs provide significantly more inputs and outputs (I/Os).

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Solid State Drives (SSD) Market: Strategic Insights

solid-state-drives-market
Market Size Value inUS$ 53,829.6 million in 2021
Market Size Value byUS$ 143,557.0 million by 2029
Growth rateCAGR of 15.0% from2022 to 2029.
Forecast Period2022-2029
Base Year2021
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Impact of COVID-19 Pandemic on Solid State Drives Market

The COVID-19 pandemic has affected several industries worldwide in a negative manner. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in the lesser production of commodities, goods, and services. Manufacturing, automotive, electronics & semiconductor, oil & gas, mining, aviation, and other industries have witnessed a decline in their operations due to the temporary shutdown of activities.

The worldwide lockdown to minimize the transmission of the virus has significantly disrupted the supply chain activities, along with production volume across several manufacturers, especially the small & medium enterprise owners. The semiconductor industry took a significant hit as the demand for electronic components lowered from the industrial sector and end users. The revenue model for microelectronics has declined as no mass production was carried during the lockdown period. Post lockdown, the semiconductor industry started to regain the market share as production facilities restarted the operation by taking social distancing measures. Besides, work from home and remote monitoring strategies also helped increase the sale of advanced electronics products for better connectivity. The IT and telecommunication industry's importance has been highlighted for the communicational purpose, which allowed the industry to evolve with new technologies such as IoT connectivity and high-speed wi-fi compatible packaging technology. COVID-19 significantly impacted the semiconductor industry in the first half of 2020. According to The Semiconductor Industry Association (SIA), worldwide sales increased by around 11% in the third quarter. The increasing demand for small form factor-based electronics devices specifically for health monitoring and smartphones augmented the market growth.

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Solid State Drives Market Insights

The rise in the utility of solid state drives worldwide and advancement in integration of next-generation technologies such as artificial intelligence in the industrial sector further drive the market. Single packaged SSDs decrease the size of IoT (Internet of Things) devices. Owing to distinct rules, norms, regulations, and policies of different countries, trade barriers in this market may act as a restraining factor to a certain extent. Among all the regions, the North American region is a quick adopter of all the latest technological advancements in the electronics & semiconductor industry.

Major countries in the North American region like the US, Canada, and Mexico find wide use of SSD across numerous domains such as networking, telecommunication, industrial, automotive, aerospace, defense, and consumer electronics. Most of the countries in Asia Pacific are still in developing states and are not as developed as the countries in the west. However, with growing disposable income, demand for vehicles and consumer electronics products is expected to rise substantially in various countries such as Bangladesh, India, Malaysia, China, and the Philippines. This drives the requirement for respective SSD needed in vehicles, personal computers, laptops, tablets, notebooks, smart wearables , etc.

The rapidly growing media & entertainment industry in Asia Pacific is significantly contributing toward the market growth. The COVID-19 pandemic impacted the production operations; however, the demand for solid state drives for connective medical devices remained intact. From the last quarter of 2020, the supply chain has started reviving. The solid state drives market is anticipated to grow notably worldwide in the coming years.  

Type-Based Market Insights

Based on type, the global SSD market is segmented into external and internal. The internal segment dominated the market, accounting for 73.2% market share and is expected to capture 70.8% by 2029. Internal SSDs, also known as internal Solid state drives, are noted for their instant-load performance, which results in faster boot times, application loading times, and overall system responsiveness. An SSD is typically used as a storage solution and as a replacement for hard disc drives. Solid state drives are far more efficient than traditional HDDs since they have access speeds of 35 to 100 microseconds, which is 100 times faster than regular HDDs. SSDs use flash memory to store data instead of moving parts, ensuring improved performance and reliability.

Technology-Based Market Insights

Based on technology, the SSD market is segmented into single level cell, multi-level cell, and triple layer cell.

In terms of market share, the market was dominated by the SLC segment, which accounted for more than 43.5% of the total market share in 2022 and is expected to be at more than 38.0% of the market share by 2029. Solid state SSDs with SLC hold only one bit of data per cell. As a result, the data can be written and retrieved faster because the cell stores either a 0 or a 1. With 100,000 P/E cycles, SLC delivers the best performance and endurance, allowing it to last longer than other forms of SSD. However, because of its low data density, SLC is the most expensive type of SSD, and hence, it is rarely employed in consumer electronics. It is commonly utilized in servers and other industrial applications where speed and endurance are required.

Players operating in the solid state drives market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

  • In November 2021, Kingston announced the launch of Kingston FURY Renegade SSD, a next-generation PCIe 4.0 NVMe M.2 drive for enthusiasts, gamers, and high-power users.

The solid state drives market is segmented based on type, state, material, range, and application. Based on type, the solid state drives market is segmented into internal and external. In terms of technology, the solid state drives market is segmented into single level cell, Multi-Level Cell, and triple level cell. Based on storage, the solid state drives market is segmented into under 500 GB, 500 GB–1 TB, 1 TB–2 TB, and above 2 TB. In terms of end user, the solid state drives market is segmented into industrial, enterprise, and consumer.

G.SKILL International Enterprise Co., Ltd.; Silicon Power Computer & Communications Inc.; Hangzhou Hikstorage Technology Co., Limited; Western Digital Corporation; and Kingston Technology Europe Co LLP. are the key solid state drives market players considered for the research study. In addition, several other significant market players have been studied and analyzed in this research report to get a holistic view of the solid state drives market and its ecosystem.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Technology, Storage, End-User and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, Chile, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Netherlands, Norway, Poland, Russian Federation, Saudi Arabia, SIngapore, South Africa, South Korea, Sweden, Turkey, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are key driving factors behind solid state drives market growth?

The solid state drives have been in use for several years worldwide, however, the technology has been experiencing immense demand in recent years. Increasing penetration of high-end cloud computing and growing adoption in data center applications are supporting the growth of solid state drives market.

What are key market opportunities for solid state drives market?

The data processing and code execution techniques are the focus of relational analytics. Smart SSDs are flash storage devices with memory and processing power for handling relational analytic queries. The efficiency of relational analytics for widely scattered data will be increased by utilizing the compute capabilities of SSDs. Therefore, with the increase usage for the data processing by relational analytics there will more opportunities for solid state drives.

Which technology dominated the market in 2021?

The global solid state drives market was dominated by single level cell (SLC) segment accounted for the largest share in 2021 during the forecast period. However, because of its low data density, SLC is the most expensive type of SSD and is hence rarely employed in consumer electronics. It's commonly utilized in servers and other industrial applications where speed and endurance are required.

Which region has dominated the solid state drives market in 2021?

In 2021, Europe led the market with a substantial revenue share, followed by North America and APAC. Germany is the leading country in Europe for SSDs, and it is expected to rise rapidly over the projection period, followed by the United Kingdom and France. Increased demand for SSD in the regions would stem from a surge in the building of data centers in the countries by businesses.

Which are the major companies operating in the solid state drives market?

The major companies in solid state drives includes Kingston Technology Europe Co LLP, Micron Technology, Inc., Western Digital Corporation, Samsung Group, and SK Hynix Inc. The ranking has been derived analysing multiple parameters such as annual revenue earned from solid state drives portfolio, client base, geographic locations, R&D expenditure, brand image, and number of employees, among others. These companies are actively participating in developing solid state drives for various applications.

Which country dominated the Europe region solid state drives market?

Germany held the largest share in Europe region. German companies have gained a wide range of experience in adopting and using cloud services. Recent studies show that the number of cloud computing user companies in Germany has been steadily increasing for several years. According to a study by the auditing company KPMG in cooperation with the German Industry Association BITKOM, two out of three companies (65%) had already deployed cloud services in 2016 and an additional 18% had already planned to implement cloud services. These factors is driving the growth of these services in the Europe region.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SSD Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America – PEST Analysis

4.2.2 Europe – PEST Analysis

4.2.3 Asia-Pacific – PEST Analysis

4.2.4 Middle East and Africa – PEST Analysis

4.2.5 South America – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

4.5 Premium Insights

4.5.1 Global: Solid State Drives Market, Shipment in Mn Units

4.5.2 Geography: Solid State Drives Market, Shipment in Mn Units

4.5.3 Europe: Solid State Drives Market, Shipment in Mn Units

5. SSD Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Penetration of High-End Cloud Computing

5.1.2 Growing Adoption in Data Center Applications

5.2 Market Restraints

5.2.1 High Cost & Small Life Span of SSDs

5.3 Market Opportunities

5.3.1 Relational Analytics Using Smart SSDs

5.4 Future Trends

5.4.1 Innovations in Critical SSD Components

5.5 Impact Analysis of Drivers and Restraints

6. SSD Market – Global Analysis

6.1 SSD Market Global Overview

6.2 SSD Market – Global Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Five Key Players

7. SSD Market Analysis – By Type

7.1 Overview

7.2 SSD Market Breakdown, By Type, 2021 and 2029

7.3 External

7.3.1 Overview

7.3.2 External: SSD Market Revenue and Forecast to 2029 (US$ million)

7.4 Internal

7.4.1 Overview

7.4.2 Internal: SSD Market Revenue and Forecast to 2029 (US$ million)

8. SSD Market Analysis – By Technology

8.1 Overview

8.2 SSD Market, by Technology (2021 and 2029)

8.3 Single Level Cell (SLC)

8.3.1 Overview

8.3.2 SLC: SSD Market– Revenue and Forecast to 2029 (US$ million)

8.4 MLC

8.4.1 Overview

8.4.2 MLC: SSD Market– Revenue and Forecast to 2029 (US$ million)

8.6 Triple Layer Cell (TLC)

8.6.1 Overview

8.6.2 TLC: SSD Market– Revenue and Forecast to 2029 (US$ million)

9. SSD Market Analysis – By Storage

9.1 Overview

9.2 SSD Market, by Storage (2021 and 2029)

9.3 Under 500 GB

9.3.1 Overview

9.3.2 Under 500 GB: SSD Market– Revenue and Forecast to 2029 (US$ million)

9.4 GB - 1 TB

9.4.1 Overview

9.4.2 GB - 1 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)

9.5 1 TB - 2 TB

9.5.1 Overview

9.5.2 1 TB - 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)

9.6 Above 2 TB

9.6.1 Overview

9.6.2 Above 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)

10. SSD Market Analysis – By End-User

10.1 Overview

10.2 SSD Market, by End-User (2021 and 2029)

10.3 Industrial

10.3.1 Overview

10.3.2 Industrial: SSD Market– Revenue and Forecast to 2029 (US$ million)

10.4 Enterprise

10.4.1 Overview

10.4.2 Enterprise: SSD Market– Revenue and Forecast to 2029 (US$ million)

10.5 Consumer

10.5.1 Overview

10.5.2 Consumer: SSD Market– Revenue and Forecast to 2029 (US$ million)

11. SSD Market – Geographic Analysis

11.1 Overview

11.2 North America: Solid State Drives Market

11.2.1 North America: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.2.2 North America: Solid State Drives Market, By Type

11.2.3 North America: Solid State Drives Market, By Technology

11.2.4 North America: Solid State Drives Market, By Storage

11.2.5 North America: Solid State Drives Market, By End-User

11.2.6 North America: Solid State Drives Market, By Country

11.2.6.1 US: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.2.6.1.1 US: Solid State Drives Market, By Type

11.2.6.1.2 US: Solid State Drives Market, By Technology

11.2.6.1.3 US: Solid State Drives Market, By Storage

11.2.6.1.4 US: Solid State Drives Market, By End-User

11.2.6.2 Canada: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.2.6.2.1 Canada: Solid State Drives Market, By Type

11.2.6.2.2 Canada: Solid State Drives Market, By Technology

11.2.6.2.3 Canada: Solid State Drives Market, By Storage

11.2.6.2.4 Canada: Solid State Drives Market, By End-User

11.2.6.3 Mexico: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.2.6.3.1 Mexico: Solid State Drives Market, By Type

11.2.6.3.2 Mexico: Solid State Drives Market, By Technology

11.2.6.3.3 Mexico: Solid State Drives Market, By Storage

11.2.6.3.4 Mexico: Solid State Drives Market, By End-User

11.3 Europe: Solid State Drives Market

11.3.1 Europe: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.2 Europe: Solid State Drives Market, By Type

11.3.3 Europe: Solid State Drives Market, By Technology

11.3.4 Europe: Solid State Drives Market, By Storage

11.3.5 Europe: Solid State Drives Market, By End-User

11.3.6 Europe: Solid State Drives Market, By Country

11.3.7 Europe Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)

11.3.7.1 Germany: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.1.1 Germany: Solid State Drives Market, By Type

11.3.7.1.2 Germany: Solid State Drives Market, By Technology

11.3.7.1.3 Germany: Solid State Drives Market, By Storage

11.3.7.1.4 Germany: Solid State Drives Market, By End-User

11.3.7.2 France: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.2.1 France: Solid State Drives Market, By Type

11.3.7.2.2 France: Solid State Drives Market, By Technology

11.3.7.2.3 France: Solid State Drives Market, By Storage

11.3.7.2.4 France: Solid State Drives Market, By End-User

11.3.7.3 Italy: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.3.1 Italy: Solid State Drives Market, By Type

11.3.7.3.2 Italy: Solid State Drives Market, By Technology

11.3.7.3.3 Italy: Solid State Drives Market, By Storage

11.3.7.3.4 Italy: Solid State Drives Market, By End-User

11.3.7.4 UK: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.4.1 UK: Solid State Drives Market, By Type

11.3.7.4.2 UK: Solid State Drives Market, By Technology

11.3.7.4.3 UK: Solid State Drives Market, By Storage

11.3.7.4.4 UK: Solid State Drives Market, By End-User

11.3.7.5 Russia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.5.1 Russia: Solid State Drives Market, By Type

11.3.7.5.2 Russia: Solid State Drives Market, By Technology

11.3.7.5.3 Russia: Solid State Drives Market, By Storage

11.3.7.5.4 Russia: Solid State Drives Market, By End-User

11.3.7.6 Poland: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.6.1 Poland: Solid State Drives Market, By Type

11.3.7.6.2 Poland: Solid State Drives Market, By Technology

11.3.7.6.3 Poland: Solid State Drives Market, By Storage

11.3.7.6.4 Poland: Solid State Drives Market, By End-User

11.3.7.7 Sweden: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.7.1 Sweden: Solid State Drives Market, By Type

11.3.7.7.2 Sweden: Solid State Drives Market, By Technology

11.3.7.7.3 Sweden: Solid State Drives Market, By Storage

11.3.7.7.4 Sweden: Solid State Drives Market, By End-User

11.3.7.8 Norway: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.8.1 Norway: Solid State Drives Market, By Type

11.3.7.8.2 Norway: Solid State Drives Market, By Technology

11.3.7.8.3 Norway: Solid State Drives Market, By Storage

11.3.7.8.4 Norway: Solid State Drives Market, By End-User

11.3.7.9 Netherlands: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.9.1 Netherlands: Solid State Drives Market, By Type

11.3.7.9.2 Netherlands: Solid State Drives Market, By Technology

11.3.7.9.3 Netherlands: Solid State Drives Market, By Storage

11.3.7.9.4 Netherlands: Solid State Drives Market, By End-User

11.3.7.10 Rest of Europe: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.3.7.10.1 Rest of Europe: Solid State Drives Market, By Type

11.3.7.10.2 Rest of Europe: Solid State Drives Market, By Technology

11.3.7.10.3 Rest of Europe: Solid State Drives Market, By Storage

11.3.7.10.4 Rest of Europe: Solid State Drives Market, By End-User

11.4 APAC: Solid State Drives Market

11.4.1 APAC: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.2 APAC: Solid State Drives Market, By Type

11.4.3 APAC: Solid State Drives Market, By Technology

11.4.4 APAC: Solid State Drives Market, By Storage

11.4.5 APAC: Solid State Drives Market, By End-User

11.4.6 APAC: Solid State Drives Market, By Country

11.4.7 APAC Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)

11.4.7.1 Australia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.1.1 Australia: Solid State Drives Market, By Type

11.4.7.1.2 Australia: Solid State Drives Market, By Technology

11.4.7.1.3 Australia: Solid State Drives Market, By Storage

11.4.7.1.4 Australia: Solid State Drives Market, By End-User

11.4.7.2 China: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.2.1 China: Solid State Drives Market, By Type

11.4.7.2.2 China: Solid State Drives Market, By Technology

11.4.7.2.3 China: Solid State Drives Market, By Storage

11.4.7.2.4 China: Solid State Drives Market, By End-User

11.4.7.3 India: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.3.1 India: Solid State Drives Market, By Type

11.4.7.3.2 India: Solid State Drives Market, By Technology

11.4.7.3.3 India: Solid State Drives Market, By Storage

11.4.7.3.4 India: Solid State Drives Market, By End-User

11.4.7.4 Japan: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.4.1 Japan: Solid State Drives Market, By Type

11.4.7.4.2 Japan: Solid State Drives Market, By Technology

11.4.7.4.3 Japan: Solid State Drives Market, By Storage

11.4.7.4.4 Japan: Solid State Drives Market, By End-User

11.4.7.5 South Korea: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.5.1 South Korea: Solid State Drives Market, By Type

11.4.7.5.2 South Korea: Solid State Drives Market, By Technology

11.4.7.5.3 South Korea: Solid State Drives Market, By Storage

11.4.7.5.4 South Korea: Solid State Drives Market, By End-User

11.4.7.6 Indonesia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.6.1 Indonesia: Solid State Drives Market, By Type

11.4.7.6.2 Indonesia: Solid State Drives Market, By Technology

11.4.7.6.3 Indonesia: Solid State Drives Market, By Storage

11.4.7.6.4 Indonesia: Solid State Drives Market, By End-User

11.4.7.7 Singapore: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.7.1 Singapore: Solid State Drives Market, By Type

11.4.7.7.2 Singapore: Solid State Drives Market, By Technology

11.4.7.7.3 Singapore: Solid State Drives Market, By Storage

11.4.7.7.4 Singapore: Solid State Drives Market, By End-User

11.4.7.8 Rest of APAC: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.4.7.8.1 Rest of APAC: Solid State Drives Market, By Type

11.4.7.8.2 Rest of APAC: Solid State Drives Market, By Technology

11.4.7.8.3 Rest of APAC: Solid State Drives Market, By Storage

11.4.7.8.4 Rest of APAC: Solid State Drives Market, By End-User

11.5 Middle East and Africa: Solid State Drives Market

11.5.1 Middle East and Africa: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.5.2 Middle East and Africa: Solid State Drives Market, By Type

11.5.3 Middle East and Africa: Solid State Drives Market, By Technology

11.5.4 Middle East and Africa: Solid State Drives Market, By Storage

11.5.5 Middle East and Africa: Solid State Drives Market, By End-User

11.5.6 Middle East and Africa: Solid State Drives Market, By Country

11.5.7 Middle East and Africa Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)

11.5.7.1 South Africa: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.5.7.1.1 South Africa: Solid State Drives Market, By Type

11.5.7.1.2 South Africa: Solid State Drives Market, By Technology

11.5.7.1.3 South Africa: Solid State Drives Market, By Storage

11.5.7.1.4 South Africa: Solid State Drives Market, By End-User

11.5.7.2 Saudi Arabia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.5.7.2.1 Saudi Arabia: Solid State Drives Market, By Type

11.5.7.2.2 Saudi Arabia: Solid State Drives Market, By Technology

11.5.7.2.3 Saudi Arabia: Solid State Drives Market, By Storage

11.5.7.2.4 Saudi Arabia: Solid State Drives Market, By End-User

11.5.7.3 UAE: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.5.7.3.1 UAE: Solid State Drives Market, By Type

11.5.7.3.2 UAE: Solid State Drives Market, By Technology

11.5.7.3.3 UAE: Solid State Drives Market, By Storage

11.5.7.3.4 UAE: Solid State Drives Market, By End-User

11.5.7.4 Turkey: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.5.7.4.1 Turkey: Solid State Drives Market, By Type

11.5.7.4.2 Turkey: Solid State Drives Market, By Technology

11.5.7.4.3 Turkey: Solid State Drives Market, By Storage

11.5.7.4.4 Turkey: Solid State Drives Market, By End-User

11.5.7.5 Rest of MEA: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.5.7.5.1 Rest of MEA: Solid State Drives Market, By Type

11.5.7.5.2 Rest of MEA: Solid State Drives Market, By Technology

11.5.7.5.3 Rest of MEA: Solid State Drives Market, By Storage

11.5.7.5.4 Rest of MEA: Solid State Drives Market, By End-User

11.6 South America: Solid State Drives Market

11.6.1 South America: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.6.2 South America: Solid State Drives Market, By Type

11.6.3 South America: Solid State Drives Market, By Technology

11.6.4 South America: Solid State Drives Market, By Storage

11.6.5 South America: Solid State Drives Market, By End-User

11.6.6 South America: Solid State Drives Market, By Country

11.6.7 South America Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)

11.6.7.1 Brazil: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.6.7.1.1 Brazil: Solid State Drives Market, By Type

11.6.7.1.2 Brazil: Solid State Drives Market, By Technology

11.6.7.1.3 Brazil: Solid State Drives Market, By Storage

11.6.7.1.4 Brazil: Solid State Drives Market, By End-User

11.6.7.2 Argentina: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.6.7.2.1 Argentina: Solid State Drives Market, By Type

11.6.7.2.2 Argentina: Solid State Drives Market, By Technology

11.6.7.2.3 Argentina: Solid State Drives Market, By Storage

11.6.7.2.4 Argentina: Solid State Drives Market, By End-User

11.6.7.3 Chile: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.6.7.3.1 Chile: Solid State Drives Market, By Type

11.6.7.3.2 Chile: Solid State Drives Market, By Technology

11.6.7.3.3 Chile: Solid State Drives Market, By Storage

11.6.7.3.4 Chile: Solid State Drives Market, By End-User

11.6.7.4 Rest of SAM: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

11.6.7.4.1 Rest of SAM: Solid State Drives Market, By Type

11.6.7.4.2 Rest of SAM: Solid State Drives Market, By Technology

11.6.7.4.3 Rest of SAM: Solid State Drives Market, By Storage

11.6.7.4.4 Rest of SAM: Solid State Drives Market, By End-User

12. Solid State Drives Market- COVID-19 Impact Analysis

12.1 Overview

12.2 North America

12.3 Europe

12.4 Asia Pacific

12.5 The Middle East and Africa: Impact Assessment of COVID-19 Pandemic

12.6 South America Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Merger and Acquisition

13.2 New Development

14. Company Profiles

14.1 Kingston Technology Europe Co LLP

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 SK Hynix Inc.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Micron Technology, Inc.

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Microsemi Corporation

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Samsung Group

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 KIOXIA Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 G.SKILL International Enterprise Co., Ltd.

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Silicon Power Computer & Communications Inc.

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Hangzhou Hikstorage Technology Co., Limited

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Western Digital Corporation

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

14.11 Seagate Technology LLC

14.11.1 Key Facts

14.11.2 Business Description

14.11.3 Products and Services

14.11.4 Financial Overview

14.11.5 SWOT Analysis

14.11.6 Key Developments

15. Appendix

15.1 About the Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. Global Solid State Drives Market, Shipment in Mn Units

Table 2. Geography: Solid State Drives Market, Shipment in Mn Units

Table 3. Europe: Solid State Drives Market, Shipment in Mn Units

Table 4. SSD Market – Revenue, and Forecast to 2028 (US$ Million)

Table 5. North America Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 6. North America Solid State Drives Market, By Technology– Revenue and Forecast to 2029 (US$ Million)

Table 7. North America Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 8. North America Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 9. North America Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)

Table 10. US Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 11. US Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 12. US Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 13. Canada Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 14. Canada Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 15. Canada Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 16. Canada Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 17. Mexico Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 18. Mexico Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 19. Mexico Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 20. Mexico Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 21. Europe Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 22. Europe Solid State Drives Market, By Technology– Revenue and Forecast to 2029 (US$ Million)

Table 23. Europe Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 24. Europe Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 25. Germany Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 26. Germany Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 27. Germany Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 28. Germany Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 29. France Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 30. France Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 31. France Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 32. France Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 33. Italy Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 34. Italy Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 35. Italy Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 36. Italy Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 37. UK Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 38. UK Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 39. UK Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 40. UK Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 41. Russia Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 42. Russia Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 43. Russia Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 44. Russia Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 45. Poland Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 46. Poland Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 47. Poland Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 48. Poland Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 49. Sweden Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 50. Sweden Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 51. Sweden Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 52. Sweden Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 53. Norway Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 54. Norway Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 55. Norway Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 56. Norway Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 57. Netherlands Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 58. Netherlands Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 59. Netherlands Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 60. Netherlands Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 61. Rest of Europe Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 62. Rest of Europe Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 63. Rest of Europe Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 64. Rest of Europe Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 65. APAC: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 66. APAC: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 67. APAC: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 68. APAC: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 69. Australia: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 70. Australia: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 71. Australia: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 72. Australia: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 73. China: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 74. China: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 75. China: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 76. China: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 77. India: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 78. India: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 79. India: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 80. India: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 81. Japan: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 82. Japan: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 83. Japan: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 84. Japan: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 85. South Korea: Solid State Drives Market, By Type– Revenue and Forecast to 2029 (US$ Million)

Table 86. South Korea: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 87. South Korea: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 88. South Korea: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 89. Indonesia: Solid State Drives Market, By Type– Revenue and Forecast to 2029 (US$ Million)

Table 90. Indonesia: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 91. Indonesia: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 92. Indonesia: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 93. Singapore: Solid State Drives Market, By Type– Revenue and Forecast to 2029 (US$ Million)

Table 94. Singapore: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 95. Singapore: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 96. Singapore: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 97. Rest of APAC: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 98. Rest of APAC: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 99. Rest of APAC: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 100. Rest of APAC: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 101. Middle East and Africa: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 102. Middle East and Africa: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 103. Middle East and Africa: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 104. Middle East and Africa: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 105. South Africa: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 106. South Africa: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 107. South Africa: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 108. South Africa: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 109. Saudi Arabia: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 110. Saudi Arabia: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 111. Saudi Arabia: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 112. Saudi Arabia: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 113. UAE: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 114. UAE: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 115. UAE: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 116. UAE: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 117. Turkey: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 118. Turkey: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 119. Turkey: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 120. Turkey: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 121. Rest of MEA: Solid State Drives Market, By Type– Revenue and Forecast to 2029 (US$ Million)

Table 122. Rest of MEA: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 123. Rest of MEA: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 124. Rest of MEA: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 125. South America: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 126. South America: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 127. South America: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 128. South America: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 129. Brazil: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)

Table 130. Brazil: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 131. Brazil: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 132. Brazil: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 133. Argentina: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 134. Argentina: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 135. Argentina: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 136. Argentina: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 137. Chile: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 138. Chile: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 139. Chile: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 140. Chile: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 141. Rest of SAM: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)

Table 142. Rest of SAM: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)

Table 143. Rest of SAM: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)

Table 144. Rest of SAM: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)

Table 145. List of Abbreviation

LIST OF FIGURES

Figure 1. SSD Market Segmentation

Figure 2. SSD Market Segmentation – By Geography

Figure 3. Global SSD Market Overview

Figure 4. Internal Segment Held the Largest Market Share in 2021

Figure 5. Single Level Cell Segment Held the Largest Market Share in 2021

Figure 6. Under 500 GB Segment Held the Largest Market Share in 2021

Figure 7. Consumer Segment Held the Largest Market Share in 2021

Figure 8. Asia Pacific Segment Held the Largest Market Share in 2020

Figure 9. North America – PEST Analysis

Figure 10. Europe – PEST Analysis

Figure 11. Asia-Pacific – PEST Analysis

Figure 12. Middle East and Africa – PEST Analysis

Figure 13. South America – PEST Analysis

Figure 14. SSD Market– Ecosystem Analysis

Figure 15. Expert Opinion

Figure 16. SSD Market Impact Analysis of Drivers and Restraints

Figure 17. Geographic Overview of SSD Market

Figure 18. Global SSD Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. SSD Market Revenue Share, By Type (2021 and 2029)

Figure 20. External: SSD Market Revenue and Forecast to 2029 (US$ million)

Figure 21. Internal: SSD Market Revenue and Forecast to 2029(US$ million)

Figure 22. SSD Market Revenue Share, by Technology (2021 and 2029)

Figure 23. SLC: SSD – Revenue and Forecast to 2029 (US$ million)

Figure 24. MLC: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 25. TLC: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 26. SSD Market Revenue Share, by Storage (2021 and 2029)

Figure 27. Under 500 GB: SSD – Revenue and Forecast to 2029 (US$ million)

Figure 28. GB - 1 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 29. 1 TB - 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 30. Above 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 31. SSD Market Revenue Share, by End-User (2021 and 2029)

Figure 32. Industrial: Solid State Drives (SSD) – Revenue and Forecast to 2029 (US$ million)

Figure 33. Enterprise: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 34. Consumer: SSD Market– Revenue and Forecast to 2029 (US$ million)

Figure 35. Global SSD Market Revenue Share, by Region (2021 and 2029)

Figure 36. North America: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 37. North America: Solid State Drives Market Revenue Share, By Type (2021 and 2029)

Figure 38. North America: Solid State Drives Market Revenue Share, By Technology (2021 and 2029)

Figure 39. North America: Solid State Drives Market Revenue Share, By Storage (2021 and 2029)

Figure 40. North America: Solid State Drives Market Revenue Share, By End-User (2021 and 2029)

Figure 41. North America: Solid State Drives Market Revenue Share, By Country (2021 and 2029)

Figure 42. US: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 43. Canada: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 44. Mexico: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 45. Europe: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 46. Europe: Solid State Drives Market Revenue Share, By Type (2021 and 2029)

Figure 47. Europe: Solid State Drives Market Revenue Share, By Technology (2021 and 2029)

Figure 48. Europe: Solid State Drives Market Revenue Share, By Storage (2021 and 2029)

Figure 49. Europe: Solid State Drives Market Revenue Share, By End-User (2021 and 2029)

Figure 50. Europe: Solid State Drives Market Revenue Share, By Country (2021 and 2029)

Figure 51. Germany: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 52. France: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 53. Italy: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 54. UK: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 55. Russia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 56. Poland: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 57. Sweden: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 58. Norway: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 59. Netherlands: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 60. Rest of Europe: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 61. APAC: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 62. APAC: Solid State Drives Market Revenue Share, By Type (2021 and 2029)

Figure 63. APAC: Solid State Drives Market Revenue Share, By Technology (2021 and 2029)

Figure 64. APAC: Solid State Drives Market Revenue Share, By Storage (2021 and 2029)

Figure 65. APAC: Solid State Drives Market Revenue Share, By End-User (2021 and 2029)

Figure 66. APAC: Solid State Drives Market Revenue Share, By Country (2021 and 2029)

Figure 67. Australia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 68. China: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 69. India: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 70. Japan: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 71. South Korea: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 72. Indonesia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 73. Singapore: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 74. Rest of APAC: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 75. Middle East and Africa: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 76. Middle East and Africa: Solid State Drives Market Revenue Share, By Type (2021 and 2029)

Figure 77. Middle East and Africa: Solid State Drives Market Revenue Share, By Technology (2021 and 2029)

Figure 78. Middle East and Africa: Solid State Drives Market Revenue Share, By Storage (2021 and 2029)

Figure 79. Middle East and Africa: Solid State Drives Market Revenue Share, By End-User (2021 and 2029)

Figure 80. Middle East and Africa: Solid State Drives Market Revenue Share, By Country (2021 and 2029)

Figure 81. South Africa: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 82. Saudi Arabia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 83. UAE: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 84. Turkey: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 85. Rest of MEA: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 86. South America: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 87. South America: Solid State Drives Market Revenue Share, By Type (2021 and 2029)

Figure 88. South America: Solid State Drives Market Revenue Share, By Technology (2021 and 2029)

Figure 89. South America: Solid State Drives Market Revenue Share, By Storage (2021 and 2029)

Figure 90. South America: Solid State Drives Market Revenue Share, By End-User (2021 and 2029)

Figure 91. South America: Solid State Drives Market Revenue Share, By Country (2021 and 2029)

Figure 92. Brazil: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 93. Argentina: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 94. Chile: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 95. Rest of SAM: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)

Figure 96. Impact of COVID-19 Pandemic on Solid State Drives Market in North American Countries

Figure 97. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 98. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 99. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 100. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies -  Solid State Drives (SSD) Market

  1. Kingston Technology Europe Co LLP
  2. SK Hynix Inc.
  3. Micron Technology, Inc.
  4. Microsemi Corporation
  5. Samsung Group
  6. KIOXIA Corporation
  7. G.SKILL International Enterprise Co., Ltd.
  8. Silicon Power Computer & Communications Inc.
  9. Hangzhou Hikstorage Technology Co., Limited
  10. Western Digital Corporation
  11. Seagate Technology LLC

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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