SSD Unit Shipments Decreased by 8% Q/Q to 62.4 Million in 3Q24

This market report, published on November 8 2024, was written by Trendfocus, Inc. in its CQ3 ’24 Quarterly Update – Executive Summary.

3Q24 SSD Exabytes Post Another Strong Quarter
with Increases Driven by Solid Enterprise PCle Growth

With continued robust growth in all major market segments for enterprise SSDs, the sector once again offset a sluggish PC market:

Overall SSD unit shipments decreased by 8% Q/Q to 62.443 million, even as capacity jumped 10% Q/Q to 99.187EB
Due to ongoing sluggish PC OEM demand and some persistent inventory, overall client SSD units fell again to 48.142 million units, a 12% decline Q/Q, while capacity dipped slightly by 1 % in the same timeframe, totaling 37.716EB
Enterprise PCQ/Qe units set a new record, climbing 29% Q/Q to 10.954 million, while capacity shipped achieved a third consecutive record quarter, reaching 55.654EB, an impressive 25% increase Q/Q
Enterprise SATA had another lackluster quarter, down 23% in units and 45% in exabytes, dropping to 2.642 million and 2.546EB, respectively
SAS SSD unit shipments declined by 11 % to 0.705 million, with capacity climbing slightly by 0.9% to a total of 3.270EB
Total NAND bit shipments increased slightly to 218.40 total exabytes, up 2% Q/Q

CQ3 ’24 SSD Market Share, by Supplier, Units (million), Exabytes

Total SSD Market: 62.443 Million Units
Total SSD Market: 99.187EB