Global Solid State Drive (SSD) Controller Market – Industry Trends and Forecast to 2028

Solid State Drive (SSD) Controller Market Analysis and Insights

Solid state drive (SSD) controller market will reach at an estimated value of USD 99.97 billion and grow at a CAGR of 14.20% in the forecast period of 2021 to 2028. Rising quantity of data across industries due to rising penetration of connected devices and automated systems is an essential factor driving the solid state drive (SSD) controller market.

Solid state drive (SSD) is defined as the storage device which consists of non-volatile methods of storing media and information with the help of circuit assemblies integrated in the device infrastructure itself. These devices consist of two major components for its functioning, namely flash controller as well as NAND flash memory chips which are optimized and integrated to provide high levels of functionality in performance. The device infrastructure is defined as fixed components that unlike HDD do not require any consistent movements to ensure that the information is being written on or stored on the storage device.

Rapid increase in the demand for SSD from data centers is a crucial factor accelerating the market growth, also rising various benefits and performing advantages, rising continuous advancements in SSD technologies to enhance performance and capabilities, rising demand for data centers which can store large amounts of data and require highly data-intensive operations, which in turn increases the demand for the product, rising growth in 3D NAND technology and its low power consumption qualities and rising diffusion of high end cloud computing, advantages of SSDs above HDDs, and increasing acceptance of SSDs in data centers are the major factors among others boosting the solid state drive (SSD) controller market. Moreover, increasing modernization and technological advancements in the devices, rising research and development activities in the market and rising emerging markets will further create new opportunities for solid state drive (SSD) controller market in the forecast period mentioned above.

However, increased cost and smaller life span of SSDs is the vital factor among others restraining the market growth, and will further challenge the solid state drive (SSD) controller market in the forecast period mentioned above.

This solid state drive (SSD) controller market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on solid state drive (SSD) controller market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Solid State Drive (SSD) Controller Market Scope and Market Size

Solid state drive (SSD) controller market is segmented on the basis of form factor, interface, technology and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of form factor, solid state drive (SSD) controller market is segmented into 2.5”, 3.5”, M.2, U.2/SFF 8639 and FHHL/HHHL.
• Based on interface, the solid state drive (SSD) controller market is segmented into SATA, SAS and PCIe.
• Based on technology, the solid state drive (SSD) controller market is segmented into SLC, MLC and TLC.
• The solid state drive (SSD) controller market is also segmented on the basis of end-user into enterprise, client, industrial and automotive.

Solid State Drive (SSD) Controller Market Scope Country Level Analysis

Solid state drive (SSD) controller market is analysed and market size, volume information is provided by country, form factor, interface, technology and end-user as referenced above.

The countries covered in the solid state drive (SSD) controller market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the solid state drive (SSD) controller market due to increasing demand for automotive infotainment systems and next-generation connected cars, rising rapid increase in the demand for SSD from data centers and increasing modernization and technological advancements in the devices in this region.

The country section of the solid state drive (SSD) controller market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Solid State Drive (SSD) Controller Market Share Analysis

Solid state drive (SSD) controller market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to solid state drive (SSD) controller market.

The major players covered in solid state drive (SSD) controller market report are SAMSUNG, Intel Corporation, Western Digital Corporation, Micron Technology, Inc., Toshiba Memory Corporation, Seagate Technology LLC, LITE-ON Technology Corporation, SK hynix INC, Kingston Technology Europe Co LLP und Kingston Digital Europe Co LLP, Best IT World (India) Pvt. Ltd., Viking Technology, ADATA Technology Co., Ltd., BiTMICRO Networks, Inc., Foremay, Inc., Crossbar, Broadcom, Nimbus Data and Transcend Information, Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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