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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

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Date: 12-Oct-2017
No. of pages: 160
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“Solid state drive market is projected to grow at a CAGR of 14.68%between 2017 and 2023”

The solid state drive market has entered its growth phase and is expected to grow further in the coming years. The market for solid state drive is likely to be valued at 26.47 billion in 2017 and USD 60.22 billion by 2023, at a CAGR of 14.68% between 2017 and 2023. The drivers for this market arethe increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and advantages of SSDs over HDDs. The main restraints for this market are inconsistency in low-rate latency offered by SSDs and the high cost of SSDs.

“Market for PCI interface SSD expected to grow at the highest CAGR during the forecast period”

The market for PCIe interface SSD is expected to grow at the highest CAGR during the forecast period. This is owing to the advantages offered by PCIe such as high speed, enhanced performance scaling, and detailed error detection and reporting over other interfaces. The demand for PCIe interface is growing rapidly in the solid state drive market because of its advanced features such as low latency and high performance.

“1.8”/2.5” form factor based solid state drive market accounted for the largest share in 2016”

2.5” SSD comes at a low cost per IO than all other form factors. 2.5’’ form factor supports all types of interfaces including SATA, SAS, and PCIe. 2.5” SSD is an effective form factor considering all its features such as ruggedness, scalability, serviceability, and others and is expected to be adopted on a large scale during the forecast period.

“Market for TLC 3Dexpected to grow at the highest CAGR during the forecast period”

3D TLC has emerged, wherein the cells are stacked vertically on top of one another. 3D TLC offers larger densities than planar TLC. It also consumes less power to program flash memory, thereby improving durability. For instance, Samsung's second-generation 3D TLC NAND is characterized by 20K P/E cycles.  Also, the page program time (tPROG) is a key parameter that determines write performance. Samsung's second-generation 3D TLC NAND decreases tPROG by 50% compared to planar TLC NAND, making it faster than planar TLC.

“APAC is expected to be the fastest-growing market for solid state drives during the forecast period”

The rapidly growing consumer electronics market and the increasing adoption of SSDs in electronic devices is expected to boost the solid state drive market in APAC. Also, China’s semiconductor giants such as Huawei Technologies and Tsinghua Uni Group, and Taiwanese companies such as Mediatek focus on the development of SSD controllers, which would further help increase the demand for SSDs.

Breakdown of profile of primary participants:


  • By Company: Tier 1 = 25 %, Tier 2 =55%, and Tier 3 =20%

  • By Designation: C-level Executives = 30%, Directors =30%, and Others =40%

  • By Region: North America = 45%, Europe = 17%, APAC = 30%, and RoW = 8%


Major players profiled in this report include:


  • Samsung (South Korea)

  • Intel (US)

  • Western Digital (US)

  • Micron (US)

  • Toshiba (Japan)

  • Kingston (US)

  • Lite-On (Taiwan)

  • Seagate (Ireland)

  • SK hynix (South Korea)

  • Microsemi (US)


Research Coverage

The study segments in the solid state drive market report include: interface—SATA, SAS, and PCIe; form factor—1.8”/2.5”, 3.5”, M.2, U.2 (SFF 8639), FHHL, and HHHL; and technology—SLC, MLC Planar, MLC 3D, TLC Planar, and TLC 3D. The study also covers end-user industries and geographic forecast of the market size for various segments with regard to 4main regions—North America, Europe, APAC, and RoW.

Reasons to buy the report

The report would help the market leaders/new entrants in this market in the following ways:


  • This report segments the solid state drive market comprehensively and provides the closest approximations of the overall market size and those of the sub segments across different applications and regions.

  • The report gives the detailed analysis of the solid state drive market with the help of competitive leadership mapping and value chain analysis including key companies in the market and their relations in the ecosystem.

  • The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Introduction
2.2 Research Data
2.2.1 Secondary Data
2.2.1.1 Secondary Sources
2.2.2 Primary Data
2.2.2.1 Primary Sources
2.2.2.2 Key Industry Insights
2.2.2.3 Breakdown of Primary Interviews
2.2.3 Secondary and Primary Research
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.1.1 Approach for Capturing the Market Size By Bottom-Up Analysis (Demand Side)
2.3.2 Top-Down Approach
2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Solid State Drive Market Opportunities
4.2 PCIE Solid State Drive Market, By End User
4.3 APAC Solid State Drive Market, By End User and Country
4.4 Geographic Snapshot of the Solid State Drive Market
4.5 Solid State Drive Market in APAC, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Penetration of High-End Cloud Computing
5.2.1.2 Growing Adoption of SSDS in Data Center
5.2.1.3 Advantage of SSDS Over HDDS
5.2.2 Restraints
5.2.2.1 Inconsistency Regarding Low-Rate Latency Offered By SSDS
5.2.2.2 High Cost and Smaller Life Span of SSDS
5.2.3 Opportunities
5.2.3.1 Relational Analytics Using Smart SSDS
5.2.3.2 Growing Adoption of SSDS in Tablets and Notebooks
5.2.4 Challenges
5.2.4.1 Design Complexity

6 Industry Trends
6.1 Introduction
6.2 Market Evolution
6.3 Value Chain Analysis

7 Solid State Drive Market, By Form Factor
7.1 Introduction
7.2 1.8”/ 2.5”
7.3 3.5”
7.4 M.2/ Msata
7.5 U.2 (SFF 8639)
7.6 FHHL and HHHL

8 Solid State Drive Market, By Interface
8.1 Introduction
8.2 SATA
8.3 SAS
8.4 PCIE

9 Solid State Drive Market, By Technology
9.1 Introduction
9.2 TLC 3D
9.3 TLC Planar
9.4 MLC 3D
9.5 MLC Planar
9.6 SLC

10 Solid State Drive Market, By End-User
10.1 Introduction
10.2 Enterprise
10.2.1 Server Attached
10.2.2 Storage Attached
10.3 Client
10.3.1 Desktop PC
10.3.2 Notebook
10.3.3 Tablet
10.3.4 Others
10.4 Industrial
10.5 Automotive

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Rest of Europe
11.4 APAC
11.4.1 China
11.4.2 India
11.4.3 Taiwan
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 RoW
11.5.1 Africa
11.5.2 Latin America
11.5.3 Middle East

12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis of the Solid State Drive Market, 2016
12.3 Competitive Situation and Trends
12.3.1 Battle for Market Share: Product Launches Have Been the Key Strategy
12.3.2 Product Launches
12.3.3 Partnerships, Agreements, and Collaborations
12.3.4 Acquisitions
12.3.5 Investments and Expansions

13 Company Profiles
13.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
13.2 Samsung
13.3 Intel
13.4 Western Digital
13.5 Micron
13.6 Toshiba
13.7 Seagate
13.8 Microsemi
13.9 Lite-On
13.10 SK Hynix
13.11 Kingston
13.12 Key Innovators
13.12.1 Viking
13.12.2 Adata
13.12.3 Bitmicro Networks

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Questionnaire
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real Time Market Intelligence
14.5 Available Customizations
14.6 Related Report
14.7 Author Details

List of Tables

Table 1 Differentiation Between SSD and HDD
Table 2 Solid State Drive Market, By Form Factor, 2015–2023, (USD Billion)
Table 3 Solid State Drive Market, By Form Factor, 2015–2023 (Thousand Units)
Table 4 Solid State Drive Market for 1.8"/2.5”, By Region, 2015–2023 (USD Million)
Table 5 Solid State Drive Market for 1.8"/2.5”, By Region, 2015–2023 (Million Units)
Table 6 3.5” Solid State Drive Market, By Region, 2015–2023 (USD Million)
Table 7 Solid State Drive Market for 3.5”, By Region, 2015–2023 (Thousand Units)
Table 8 Solid State Drive Market for M.2/Msata, By Region, 2015–2023 (USD Million)
Table 9 Solid State Drive Market for M.2/Msata, By Region, 2015–2023 (Million Units)
Table 10 Solid State Drive Market for U.2 (SFF 8639), By Region, 2015–2023 (USD Million)
Table 11 Solid State Drive Market for U.2 (SFF 8639), By Region, 2015–2023 (Thousand Units)
Table 12 Solid State Drive Market for FHHL and HHHL, By Region, 2015–2023 (USD Million)
Table 13 Solid State Drive Market for FHHL and HHHL, By Region, 2015–2023 (Thousand Units)
Table 14 Solid State Drive Market, By Interface, 2015–2023 (USD Billion)
Table 15 Solid State Drive Market, By Interface, 2015–2023 (Million Units)
Table 16 Solid State Drive Market for SATA, By End User, 2015–2023 (USD Million)
Table 17 Solid State Drive Market for SATA, By End User, 2015–2023 (Million Units)
Table 18 Solid State Drive Market for SATA, By Region, 2015–2023 (USD Million)
Table 19 SATA Solid State Drive Market, By Form Factor, 2015-2023 (USD Million)
Table 20 Solid State Drive Market for SAS, By Region, 2015–2023 (USD Million)
Table 21 SAS Solid State Drive Market, By Form Factor, 2015-2023 (USD Million)
Table 22 Solid State Drive Market for PCIE, By End User, 2015–2023 (USD Million)
Table 23 Solid State Drive Market for PCIE, By End User, 2015–2023 (Thousand Units)
Table 24 Solid State Drive Market for PCIE, By Region, 2015–2023 (USD Million)
Table 25 Solid State Drive Market, By Form Factor, 2015-2023 (USD Million)
Table 26 Solid State Drive Market, By Technology, 2015–2023 (USD Billion)
Table 27 Solid State Drive Market, By Technology, 2015–2023 (Million Units)
Table 28 TLC Planar vs TLC 3D Comparison
Table 29 Solid State Drive Market, By End-User, 2015–2023 (USD Million)
Table 30 Solid State Drive Market, By End-User, 2015–2023 (Million Units)
Table 31 Enterprise Solid State Drive Market, By Application, (USD Million)
Table 32 Enterprise Solid State Drive Market, By Region, 2015–2023 (USD Million)
Table 33 Enterprise Solid State Drive Market, By Interface, 2015–2023 (USD Million)
Table 34 Enterprise Solid State Drive Market, By Interface, 2015–2023 (Million Units)
Table 35 Client Solid State Drive Market, By Application (USD Million)
Table 36 Client Solid State Drive Market, By Region, 2015–2023 (USD Million)
Table 37 Client Solid State Drive Market, By Interface, 2015–2023 (USD Million)
Table 38 Client Solid State Drive Market, By Interface, 2015–2023 (Million Units)
Table 39 Industrial Solid State Drive Market, By Region, 2015–2023 (USD Million)
Table 40 Industrial Solid State Drive Market, By Interface, 2015–2023 (USD Million)
Table 41 Industrial Solid State Drive Market, By Interface, 2015–2023 (Million Units)
Table 42 Automotive Solid State Drive Market, By Region, 2015–2023 (USD Million)
Table 43 Automotive Solid State Drive Market, By Interface, 2015–2023 (USD Million)
Table 44 Automotive Solid State Drive Market, By Interface, 2015–2023 (Thousand Units)
Table 45 Solid State Drive Market, By Region, 2015–2023 (USD Billion)
Table 46 Solid State Drive Market, By Region, 2015–2023 (Million Units)
Table 47 Solid State Drive Market in North America, By Country, 2015–2023 (USD Million)
Table 48 Solid State Drive Market in North America, By Form Factor, 2015–2023 (USD Million)
Table 49 Solid State Drive Market in North America, By Form Factor, 2015–2023, (Thousand Units)
Table 50 Solid State Drive Market in North America, By End User, 2015–2023 (USD Million)
Table 51 Solid State Drive Market in Europe, By Country, 2015–2023 (USD Million)
Table 52 Solid State Drive Market in Europe, By Form Factor, 2015–2023, (USD Million)
Table 53 Solid State Drive Market in Europe, By Form Factor, 2015–2023, (Thousand Units)
Table 54 Solid State Drive Market in Europe, By End-User, 2015–2023 (USD Million)
Table 55 Solid State Drive Market in APAC, By Country, 2015–2023 (USD Million)
Table 56 Solid State Drive Market in APAC, By Form Factor, 2015–2023, (USD Million)
Table 57 Solid State Drive Market in APAC, By Form Factor, 2015–2023, (Thousand Units)
Table 58 Solid State Drive Market in APAC, By End-User, 2015–2023 (USD Million)
Table 59 Solid State Drive Market in RoW, By Geography, 2015–2023 (USD Million)
Table 60 Solid State Drive Market in RoW, By Form Factor, 2015–2023, (USD Million)
Table 61 Solid State Drive Market in RoW, By Form Factor, 2015–2023, (Thousand Units)
Table 62 Solid State Drive Market in RoW, By End-User, 2015–2023 (USD Million)
Table 63 Market Share Analysis of the Players in the Solid State Drive Market in 2016
Table 64 Product Launches, 2016 – 2017
Table 65 Partnerships, Agreements, and Collaborations, 2015–2017
Table 66 Acquisitions, 2014–2016
Table 67 Investments and Expansions, 2016–2017

List of Figures

Figure 1 Market Segmentation
Figure 2 Research Flow
Figure 3 Solid State Drive Market: Research Design
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Market for PCIE Interface SSD Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 8 The Market for “1.8/2.5” Form Factors is Expected to Hold the Largest Share During the Forecast Period
Figure 9 Market for TLC 3D is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Solid State Drive Market for Automotive Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 North America Accounted for the Largest Market Share in 2016
Figure 12 Solid State Drive Market to Provide Attractive Growth Opportunities During the Forecast Period
Figure 13 Market PCIE Interface in Automotive Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Enterprise Industry Held the Largest Market Share of the Solid State Drive Market in APAC in 2016
Figure 15 Solid State Drive Market in China Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Solid State Drive Market in China Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Increasing Penetration of High-End Cloud Computing and the Growing Adoption of SSDS in Data Center are Driving the Growth of the Solid State Drive Market
Figure 18 Data Center Traffic
Figure 19 Evolution of Solid State Drive Market
Figure 20 Value Chain: Solid State Drive Market, 2016
Figure 21 Solid State Drive Market for FHHL and HHHL Form Factor is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Solid State Drive Market for 1.8"/2.5” in APAC is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Solid State Drive Market for M.2 in APAC is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Solid State Drive Market for PCIE Interface is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Solid State Drive Market for SATA in Automotive is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Solid State Drive Market for TLC 3D is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Solid State Drive Market for the Automotive Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Enterprise Solid State Drive Market for Storage-Attached Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Client Solid State Drive Market for Tablets is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Industrial Solid State Drive Market in APAC is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 Automotive Solid State Drive Market for PCIE Interface is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 Geographic Snapshot: Rapidly Growing Countries Such as Taiwan and China Emerging as High-Potential Markets (2017–2023)
Figure 33 Solid State Drive Market in APAC Estimated to Grow at the Highest CAGR Between 2017 and 2023
Figure 34 North America: Market Snapshot
Figure 35 Europe: Market Snapshot
Figure 36 APAC: Market Snapshot
Figure 37 Companies Adopted Product Launch as the Key Growth Strategy Over the Last 4 Years (2014– August 2017)
Figure 38 Samsung: Company Snapshot
Figure 39 Intel: Company Snapshot
Figure 40 Western Digital: Company Snapshot
Figure 41 Micron: Company Snapshot
Figure 42 Toshiba: Company Snapshot
Figure 43 Seagate: Company Snapshot
Figure 44 Microsemi: Company Snapshot
Figure 45 Lite-On: Company Snapshot
Figure 46 SK Hynix: Company Snapshot

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