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Worldwide Solid State Drive Forecast Update, 2017–2021

Worldwide Solid State Drive Forecast Update, 2017–2021

This IDC study presents an updated outlook at the SSD market through 2021. The SSD industry dynamics associated with 2017 and the end-device forecast changes are aggregated, analyzed, and applied to IDC's long-term SSD forecast in terms of units, revenue, and petabytes for each consumption category of SSDs (client, enterprise, and commercial)."SSD industry revenue is projected to increase by 51% YoY in 2017, thanks to strong demand and favorable SSD pricing for the SSD suppliers," said Jeff Janukowicz, research vice president for Solid State Drives and Enabling Technologies. "SSDs are a key technology enabler in the digital transformation across businesses, and accelerating use of SSDs in enterprise and client systems will lead to worldwide SSD revenue growing at a 2016–2021 CAGR of 14.8%."

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Client Segment Outlook
SSDs in the PC Market
SSDs in the Consumer Electronics Market
SSD Forecast in the Client Market
Enterprise Segment Outlook
Enterprise SSD Interface Outlook
SSD Forecast in the Enterprise Segment
Commercial Segment Outlook
SSD Forecast in the Commercial Segment
Market Context
Drivers and Inhibitors
Decline of NAND Flash Memory Costs
Continued Adoption of SSD in the Client Market
Increasing Use of Flash in Both Servers and Network-Based Enterprise Storage
Cost of Competing Technologies
Significant Market Developments
Changes from Prior Forecast
Market Definition
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