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Worldwide Solid State Drive Forecast, 2024–2028

Publisher IDC
Published May 28, 2024
Length 35 Pages
SKU # IDC18822474

Description

Worldwide Solid State Drive Forecast, 2024–2028


This IDC study presents an updated outlook for the solid state drive (SSD) market for the 2024–2028 period. SSD industry dynamics 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 (client, enterprise, and commercial)."Despite 2023's downturn, SSD's future shines bright with demand rebounding from enterprise datacenters, intelligent edge solutions, AI infrastructure, and a wide range of client and consumer devices," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies, IDC. "In this forecast, SSD revenue is expected to grow at a 21.9% CAGR for 2023–2028."

Please Note: Extended description available upon request.

Table of Contents

35 Pages
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 Technology 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
Drivers
Decline of NAND Flash Memory Costs
Price Elasticity of Demand for SSDs in the Client Market
Expanding Use of Flash in Both Servers and Enterprise Storage as Infrastructure Workloads Evolve Like GenAI
Inhibitors
Macroeconomic Uncertainty
Inventory Adjustments
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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