This global market research report presents a comprehensive analysis of the enterprise SSD market by product type (SLC, MLC, and TLC)and by geography (Americas, APAC, and EMEA). The key vendors analyzed in this report are Intel, Micron, Samsung, SanDisk, Seagate, and Western Digital.
Technavio has released its new market research report, global enterprise SSD market, which is expected to grow at a CAGR of 17% between 2016 and 2020. The growing proliferation of cloud applications across organizations is the primary growth driver for this market. Enterprise SSD technology assists business intelligence and analytics companies by enhancing their web application response time, and deliver complex data visualizations and real-time analytics without affecting page load time. APAC dominates the global market for enterprise SSD, owing to the presence of key vendors operating in this region. South Korea and Japan are the key contributors in this region, followed by Taiwan, China, and India.
“One of the leatrest trends that this market is witnessing is the emergence of 3D NAND. NAND flash device architectures are one-dimensional and can store more data by increasing density. 3D NAND technology consumes less power and has better endurance compared to a planner architecture. 3D NAND packs 32 or 64 times the capacity per die, allowing SSDs to increase capacity well beyond hard drive sizes. This has also helped vendors in the flash memory industry to do away with two process node levels and obtain excellent die yields,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research
Global enterprise SSD market by type 2020
Source: Technavio, 2015
The key vendors in the global enterprise SSD market include Intel, Micron, Samsung, SanDisk, Seagate, and Western Digital. This market is highly concentrated with a handful of vendors enjoying the majority of the market share. Vendors compete on the basis of price, innovation, quality and performance, and support services. The high vendor competition has led to an increased number of mergers and acquisitions, wherein smaller entities are being acquired by or are being merged with, major players.
A more detailed analysis is available in the Technavio report, Global Enterprise SSD Market 2016-2020.
We can customize this reports by other regions and specific segments upon request.
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