Global SSD Controllers Market 2018-2022
About SSD Controllers
An SSD is a solid-state disk or an electronic disk that is used for data storage and is built by using semiconductors. It uses the same input/output interface design as hard disk drives (HDDs) and stores data in solid state memory. It uses DRAM or NAND-based flash memory to store data. Solid-state storage is available in three form factors: SSDs, solid-state cards (SSCs), and solid-state modules (SSMs).
Technavio’s analysts forecast the global SSD controllers market to grow at a CAGR of 15.40% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global SSD controllers market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global SSD Controllers Market 2018-2022
Technavio recognizes the following companies as the key players in the global SSD controllers market: Marvell, SAMSUNG, TOSHIBA, and Western Digital.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is declining prices of SSDs. Prices of SSDs have been decreasing in the recent years. The cost-per-gigabyte is expected to decline moderately as the storage capacity rises each year. The fall in price can attributed to density increase due to die shrinkage.”
According to the report, one driver in the market is increase in demand for cloud-based data centers. Data centers contain the technical know-how to process and store important business data and are the major backup for cloud operations. These consist CSPs such as Amazon Web Service, Microsoft Azure, and Google cloud.
Further, the report states that one challenge in the market is high dependence on end products. The demand for SSD controllers gets affected by several factors such as the general demand for SSDs in the end-markets and price attractiveness of the end devices incorporating SSD controllers.