Product ID: UCMIG45I2033
Report ID:
UCMIG45I2033 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Solid-state drivers utilize dynamic random-access memory or NAND-based flash memory solutions to store data. A highly dependable data storage system that supports SSDs in corporations and data centres enables faster and more effective read/write operations. The expansion of the worldwide enterprise SSD market has been fuelled by the higher performance, high throughput, and enhanced power efficiency of enterprise SSD. Rapid developments in high-end cloud applications have been considerably impacted by the adoption of SSD technologies for data centre applications. Due to its great durability, low cost, and faster storage with a low error rate, NAND-based flash memory solutions are in high demand from businesses, driving the global need for SSD solutions. The enterprise SSD market is anticipated to expand significantly during the projected period due to the increased adoption of high-end cloud computing in businesses worldwide. The expansion of the market has been fuelled by organizations’ increased usage of data centre applications and unstructured data market growth with real-time analysis is predicted to drive the market during the analysis period.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG45I2033