Internet & Communication / Data Center SSD Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - Samsung, Intel, Micron
Data Center SSD Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Samsung, Intel, Micron
Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Data Center SSD Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 15.1% during the review period (2022 to 2027).
Data Center SSD Market Overview
The global data center SSD market is experiencing a paradigm shift with the increasing adoption of NVMe technologies. The continued growth of cloud computing and the increasing adoption of artificial intelligence and big data analytics have boosted the need for high-performance storage solutions. The factors that are boosting the demand for data center SSDs include reduced power consumption, higher processing speed and better performance. This is because of factors such as the growing need for faster data processing and storage along with the high growth rate of the IT sector, which has led to a significant increase in the demand for data centers across the globe. The trend towards adoption of cloud computing will also drive the market for data center SSDs
The growth of this market is attributed to the increasing need for speed and capacity, growing number of data centers, and growing adoption of solid state storage technologies in various data centers.
Industry Updates:
February 24, 2021, Samsung Begins Mass Production of Data Center SSD Customized for Hyper scale Environments -
Samsung Electronics, the world leader in advanced memory technology, today announced that it has begun mass producing its most advanced line of data center SSDs, the PM9A3 E1.S.
What are the major Applications, Types and Regions for Data Center SSD Market?
Data Center SSD Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
PCIe Gen4
PCIe Gen5
Others
Market Volume (%) By Applications it is segmented into
Large Data Center
Small and Medium-sized Data Center
Other
Data Center SSD Market Regional Analysis
The necessity for higher efficiency and performance in computing, coupled with the rising number of data centers worldwide, drives the growth of the data center SSD market. APAC holds a remarkable growth opportunity in the data center market, supported by an expanding consumer base for the wide variety of digital products and services harnessing high computation infrastructure facilities and services. Southeast Asia mainly represents substantial potential.
All these factors greatly affect the Data Center SSD market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Data Center SSD Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Data Center SSD Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Data Center SSD Market report scope?
The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR (Value and Volume)
CAGR of 15.1% during the review period (2022 to 2027).
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
PCIe Gen4
PCIe Gen5
Others
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
Large Data Center
Small and Medium-sized Data Center
Others
Quantitative units
Revenue in USD million/billion and CAGR from 2022 to 2027
By Companies
Samsung, Intel, Micron, Kioxia, Seagate, Kingston, Western Digital, Toshiba, Sandisk
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Customization Available
Yes, the report can be customized as per your needs
Key Highlights from this Data Center SSD Report
A comprehensive backdrop analysis, which contains an assessment of the parent market
Essential changes in market dynamics.
Market segmentation up to the second or third level.
Historical, current, and projected size of the market from the standpoint of both value and volume.
Reporting and evaluation of recent industry developments.
Market shares and strategies of major players.
Emerging niche segments and regional markets.
An objective assessment of the trajectory of the market.
Recommendations to companies for strengthening their foothold in the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Data Center SSD Market is studied from 2017 - 2027.
What is the growth rate of Data Center SSD Market?
The Data Center SSD Market is growing at a CAGR of 15.1% over the next 5 years.
Who are the key players in Data Center SSD Market?
Samsung, Intel, Micron, Kioxia, Seagate, Kingston, Western Digital, Toshiba, Sandisk
What region does this Data Center SSD Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Data Center SSD Market?
PCIe Gen4, PCIe Gen5, Others
What are the major end-use applications of Data Center SSD Market?
Large Data Center, Small and Medium-sized Data Center, Others.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.