NEW YORK , July 23, 2024 /PRNewswire/ -- The global solid state drive (SSD) market size is estimated to grow by USD 167.41 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 35.
02% during the forecast period. enhanced performance and durability is driving market growth, with a trend towards emergence of portable SSDs. However, poor latency and endurance poses a challenge.
Key market players include ADATA Technology Co. Ltd., Corsair Gaming Inc.
, DataDirect Networks Inc., Intel Corp., International Business Machines Corp.
, Kingston Technology Co. Inc., Kioxia Corp.
, LITE ON Technology Corp., Maxta Inc., Micron Technology Inc.
, NetApp Inc., Pure Storage Inc., Samsung Electronics Co.
Ltd., Seagate Technology Holdings Plc, Simms International plc, SK hynix Co. Ltd.
, Sony Group Corp., Toshiba Corp., Transcend Information Inc.
, and Western Digital Corp.. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Solid State Drive (SSD) Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 35.
02% Market growth 2024-2028 USD 167419.9 million Market structure Fragmented YoY growth 2022-2023 (%) 26.06 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 30% Key countries US, China, Japan, South Korea, and Taiwan .