The global Solid State Drive market is anticipated to grow at a CAGR of 16.48% during the forecast period (2023-2030). The progression in SSD capacities has been remarkable, revolutionizing data storage possibilities. Technological breakthroughs such as 3D NAND have facilitated increased memory densities while improving reliability and endurance. Multi-level cell (MLC) and triple-level cell (TLC) technologies have played a crucial role in achieving these higher-capacity SSDs by allowing more data to be stored within memory cells. The integration of Non-Volatile Memory Express (NVMe), explicitly designed for flash-based storage devices, has significantly mitigated performance limitations earlier associated with older interfaces. Furthermore, the utilization of the PCIe Gen4 interface offers faster data transfer speeds whilst providing robust reliability – making enterprise workloads more responsive than ever before.
Browse the full report description of “Solid State Drive Market Size, Share & Trends Analysis Report by Interface (Serial ATA (SATA), Peripheral Component Interconnect Express (PCIe), and Non-Volatile Memory Express (NVME)), by Form Factor (2.5-inch, 3.5-inch, Next Generation Form Factor 2 (M.2), U.2 Small Form Factor (U.2), U.2/SFF 8639, and FHHL/HHHL), by Technology (NAND Flash Memory, Three Dimensional CrossPoint (3D XPoint) Memory, and Zigzag NAND (Z-NAND) Flash Memory), and by End-User (Consumer Electronics, Data Centers, Enterprise IT, and Automotive) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/solid-state-drive-market
In August 2023, Samsung unveiled its product in Data-Centric ERA at FMS(Flash Memory Summit) named PM1743 for use in generative AI servers and the PM9D3a, a PCIe 5.0 SSD. The PM1743 is a PCIe 5.0 SSD that is specifically designed for use in generative AI servers. Generative AI servers are used to train and run large language models (LLMs) and other AI models. The PM1743 can deliver up to 13 GB/s of sequential read performance and 2.5 million IOPS of random read performance. The PM9D3a is a PCIe 5.0 SSD that is designed for a variety of high-performance applications, including cloud computing, data centers, and enterprise IT. The PM9D3a can deliver up to 16 GB/s of sequential read performance and 4 million IOPS of random read performance.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Interface
o By Form Factor
o By Technology
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive landscape includes Kioxia Singapore Pte. Ltd., Micron Technology, Inc., Seagate Technology LLC, Samsung Electronics., Western Digital Corp., and others.
Key questions addressed by the report
Global Solid State Drive Market Report Segment
By Interface
By Form Factor
By Technology
By End-User
Global Solid State Drive Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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