WW Enterprise SSD Market Projected to Reach $47 Billion by 2030
CAGR of 10% from 2021
This is a Press Release edited by StorageNewsletter.com on October 30, 2023 at 2:02 pmThis report ($2,966, 325 pages) was written by Allied Market Research, authored by Asavari,Himanshu Jangra, and Vineet Kumar.
Key Highlights of Enterprise SSD
The global enterprise SSD market size was valued at $17.85 billion in 2020, and is projected to reach $46.89 billion by 2030, registering a CAGR of 10.2% from 2021 to 2030. An enterprise SSD is a device that stores information persistently and caches data temporarily in nonvolatile semiconductor memory or NAND-based flash memory. Enterprise SSD is intended to store servers, storage systems, and direct-attached storage devices.
TLC segment will dominate the market with a highest CAGR of 10.9% during 2021-2030
Under 500GB segment will maintain the lead throughout the forecast period
PCIe segment is projected to be the most lucrative segment during the forecast period
SME segment will grow at a highest CAGR of 11.0% during the forecast period
Data center server segment is projected to be the most lucrative segment
AsiaPac region would exhibit the highest CAGR of 12.2% during the forecast period
North America region will dominate the market by the end of 2030.
Rising demand from the high-end cloud segment across the globe and surge in adoption of data center applications, etc., boost the enterprise SSD market growth.
The players profiled in the report include Sanmina Corporation (Viking Technology), Microchip Technology Inc. (Microsemi Corporation), Samsung Electronics Co. Ltd. (Samsung), Western Digital Corporation, SK Hynix Inc., Seagate Technology LLC, Micron Technology, Inc., Intel Corporation, Kingston Technology Company, Inc., Kioxia Holdings Corporation (Toshiba Corp.).