Asia Pacific SSD Caching Market - By Ways to Achieve SSD Caching (Software ,Hardware), Applications,Geography, Trends, Forecasts - (2017 - 2022)
The Asia Pacific SSD caching market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 19.11% during the forecast period of 2017 - 2022. SSD caching, first introduced by Intel as a smart response technology provides improved performance for computers that use traditional hard drives. The technology reduces cost and time to run an application as SSDs are faster. These benefits are now being realized by IT professionals and they are looking for various ways to take advantage of SSD caching techniques. SSD caching requires a combination of SSD drive and supporting software to perform the required functioning. SSD drives are costly hence a combination needs to be used with traditional hard drives to enhance performance efficiency. The market is still growing and many enterprises deploying these solutions to cut down costs and improve efficiency. These enterprises are required to analyze huge data sets coming from various data sources. Using SSD solutions makes the task easier without investing too much in high-powered drives and solutions.
Asia-Pacific SSD Caching Market-Market Dynamics
Asia-Pacific is becoming a huge market for tablet and laptops. Japan, South Korea, and China have a huge demand for tablets and laptops. India and China are also big manufacturing centers for companies like HP, Dell, Acer, etc. and with the increasing use of SSD in both laptops and tablets, the market for SSD caching will increase in the years to come.
The factors driving the growth of the SSD caching market are the flexibility of using the same in varying conditions and enhanced user experience. More companies now are moving towards using SSDs to process and analyze huge datasets, which is not possible with the conventional HDDs. The increase in the penetration of smartphones and laptops is also one of the major contributors to the SSD caching market demand.
The SSD caching technology is a little expensive and so it can only be used in conjunction with the HDDs.
In 2012, Intel introduced the 313 (Hawley Creek) caching SSD series (20 and 24 GB), advertised as also suitable for use in ultrabooks. As of 2012, smart response technology (SRT), also the other name for SSD caching, was limited to using at most 64 GB for caching, meaning that on larger SSDs the rest remains unused by the cache, though it is available to be used for other purposes.
Some of the major vendors manufacturing SSD drives and solutions mentioned in the report are:
What the Report Offers
Asia-Pacific SSD caching market overview with information on drivers and restraints
In-depth SSD caching market analysis and its applications in the industry
Identification of factors responsible for changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on global and regional scale
Extensively researched competitive landscape with profiles of major companies along with their market share
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information