Solid State Drive Market is projected to be around USD 60.39 billion by 2023 | CMR

Competitive Insights:
The leading players in market are Samsung, Western Digital, Intel, Toshiba, Seagate, Microsemi, SK Hynix, Kingston, Lite-On and Micron. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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The Solid State Drive (SSD) Market is segmented as follows-
By Form Factor:
2.5”
3.5”
M.2
U.2/SFF 8639
FHHL/HHHL

By Interface:
SATA
SAS
PCIe

By End Use:
Industrial
Client
Automobile
Enterprises

Industry Outlook & Trend Analysis:
The Solid State Drive (SSD) market was worth USD 17.69 billion in 2014 and is expected to reach approximately USD 60.39 billion by 2023 at a CAGR of 14.61%.
SSD can be thought of as an over-sized and more sophisticated version of USB memory stick. In comparison with HDD, SSD is a fast, convenient, more energy efficient and less noisy. It consists of microchips to store data unlike the age old HDD which has moving mechanical arm to read and write data from the disk. Need for improvised speed, faster computing and data security are the major drivers for the Solid State Drive Market.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
5.Solid State Drive Market, By Form Factor
5.1.Introduction
5.2.Global Solid State Drive Sales, Revenue and Market Share By Form Factor (2014-2018)
5.3.2.5” Solid State Drives
5.4.3.5” Solid State Drives
5.5.M.2 Solid State Drive
5.6.U.2/SFF 8639 Solid State Drive
5.7.FHHL/HHHL Solid State Drive
To be Continued...

Regional Outlook & Trend Analysis:
North America currently holds the largest share in regional SSD market due to leading companies providing highly developed SSDs as advanced storage solutions. To gain a competitive edge over competitors, enterprises in North America are spending on their IT infrastructure. These factors have overall given North America a strong hold on market. The Asia-Pacific market is predicted to grow at fastest rate during forecast period due to rising popularity of social media, increasing IT budgets, increase in next generation connected devices, demand for high storage capacity devices, and escalating numbers of data centers. Besides this increasing use of mobile phones, laptops and other smart devices would boost the APAC market for SSD.

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