Solid State Drives Market Trend Analysis, Methodology And Overview Research By 2023
According to the new research report " Solid State Drive (SSD) Market by Form Factor (2.5", 3.5", M.2, U.2/SFF 8639, FHHL/HHHL), Interface (SATA, SAS, PCIe), Technology (SLC, MLC, TLC), End-user (Enterprise, Client, Industrial, Automotive), and Geography - Global Forecast to 2023", the solid state drive market is expected to be worth USD 26.47 Billion in 2017 and USD 60.22 Billion by 2023, at a CAGR of 14.68% between 2017 and 2023. The growth of this market is mainly driven by the increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and advantages of SSDs over HDDs. The market for SATA interface–based solid state drive accounted for the largest market in 2016. The large market of SATA interface solid state drive is mainly attributed to low-cost interface design. SATA interface also offers lower cable size and cost, faster data transfer through higher signaling rates, and more efficient transfer through an I/O queu...