Global Client Solid-State Drive (SSD) Market 2017-2021
About Client Solid-State Drive (SSD)
An SSD is a solid-state disk or an electronic disk that is used for data storage and is built out of semiconductors. It uses the same I/O interface design as HDDs and stores data in solid state memory. They are made of silicon microchips and stores data electronically. These devices use dynamic random-access memory (DRAM) or negative-AND (NAND)-based flash memory to store data. The lack of moving parts reduces the risk of mechanical failures of SSDs allowing data transfer at higher speeds. In addition, they are suited for harsh environments, extreme shock, high altitude, and consume less power.
Technavio’s analysts forecast the global client solid-state drive (SSD) market to grow at a CAGR of 36.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global Client Solid-State Drive (SSD) market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of client SSDs.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Client Solid-State Drive (SSD) Market 2017-2021
Technavio recognizes the following companies as the key players in the global client solid-state drive (SSD) market: Samsung, Kingston, Lite-On, and Toshiba.
Other Prominent Vendors in the market are: ADATA, Apacer, Cactus Technologies, HGST, IBM, LSI, Memblaze, Nimbus Data Systems, Pure Storage, SK Hynix, Violin Memory, and Intel.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is falling prices of SSDs. Prices of SSDs have been decreasing in recent years. The price per GB is expected to decline moderately as the storage capacity rises each year. The fall in price can be attributed to density increase due to die shrinkage. SSD memory has been decreased below 20 nm from 25 nm. This allows manufacturers to add more cells in the same amount of space, thereby increasing the density. With the growing popularity of SSDs, vendors are lowering SSD prices. This allows manufacturers to increase the production, which may result in price drop.”
According to the report, one of the major drivers for this market is enhanced performance and durability. As SSDs have no moving parts, data are safe even if the system is shaken while it is operating. HDDs park their write/read heads when the system is turned off, but they keep moving at a very fast speed when they are in operation. This makes them more susceptible to damage, thus making it less durable.
Further, the report states that one of the major factors hindering the growth of this market is poor latency and endurance. The lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency cannot be hidden. SSD latencies are usually for a couple of hundred microseconds. In certain cases when the access is interrupted by internal tasks of the device, their latency can exceed tens of milliseconds or even to a few seconds. The situation is further complicated by the lack of coordination across an array of devices. This results in the performance of IOs to be more unpredictable as the internal tasks are not coordinated.
Samsung, Kingston, Lite-On, Toshiba, ADATA, Apacer, Cactus Technologies, HGST, IBM, LSI, Memblaze, Nimbus Data Systems, Pure Storage, SK Hynix, Violin Memory, and Intel.