Solid State Drives Market Worth US$ 143,557.0 million by 2029 – Exclusive Research by The Insight Partners – EIN News

     There were 908 press releases posted in the last 24 hours and 185,983 in the last 365 days.       <br>the insight partners - logo<br><i>Era of Smart SSDs to Provide Growth Opportunities for Solid State Drives Market During 2021–2029                    </i><br>NEW YORK, UNITED STATES, January 19, 2022 /<a href="" rel="nofollow external noopener" target="_blank"></a>/ -- According to our latest market study on “<a href="" rel="external nofollow noopener" target="_blank">Solid State Drives Market</a> Forecast to 2029 – COVID-19 Impact and Global Analysis – by Type, Technology, Storage, End User,” the market was valued at  US$ 53,829.6 million in 2021 and is projected to reach US$ 143,557.0 million by 2029; it is expected to grow at a CAGR of 15.0% from 2022 to 2029.<br>Strategic Insights    <br>Report Coverage Details<br>Market Size Value in US$ 53,829.6 million in 2021<br />Market Size Value by  US$ 143,557.0 million by 2029<br />Growth rate  CAGR of 15.0% from2022 to 2029.<br />Forecast Period    2022-2029<br />Base Year    2021<br />No. of Pages  216<br />No. Tables 145<br />No. of Charts &amp; Figures    100<br />Historical data available  Yes<br />Segments covered   Type, Technology, Storage, End-User and Geography<br />Regional scope   North America; Europe; Asia Pacific; Latin America; MEA<br />Country scope  US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina<br />Report coverage  Revenue forecast, company ranking, competitive landscape, growth factors, and trends<br>Get Exclusive Sample Pages of Solid State Drives (SSD) Market at <a href="" rel="external nofollow noopener" target="_blank"></a><br>Relational Analytics Using Smart SSDs<br>Data processing and code execution techniques are the focus of relational analytics. Smart SSDs are flash storage devices with memory and processing power for handling relational analytic queries. The efficiency of relational analytics for widely scattered data will be increased by utilizing the compute capabilities of SSDs. This lowers the amount of processing power required by the host PC while increasing the computational capability of servers or appliances. Smart SSDs, rather than using regular processors, have their own CPU, which is very efficient in terms of overall price/performance ($/MHz ratio). As a result, incorporating data processing in smart SSDs can minimize the entire database server/energy appliance usage. <br>The worldwide lockdown to minimize the transmission of the virus has significantly disrupted the supply chain activities, along with production volume across several manufacturers, especially the small &amp; medium enterprise owners. The semiconductor industry took a significant hit as the demand for electronic components was lowered from the industrial sector and end-users. The revenue model for microelectronics has declined as no mass production was carried out during the lockdown period. <br>Impact of COVID-19 Pandemic on Solid-State Drives Market<br>The COVID-19 pandemic has affected several industries worldwide in a negative manner. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in the lesser production of commodities, goods, and services. <br>Download the Latest COVID-19 Analysis on Solid State Drives (SSD) Market Growth Research Report at <a href="" rel="external nofollow noopener" target="_blank"></a><br>Cloud computing is rapidly becoming one of the most popular methods for businesses and individuals to back up and preserve their data. With the growing variety of cloud platforms-from classic corporate private and new public clouds to personal clouds in homes—the need for SSDs has constantly been expanding. SSDs featuring new interfaces such as PCIe, NVMe, and others have emerged due to technological improvements in solid state storage. PCIe SSDs for cloud computing are becoming more popular due to improved capabilities such as high speed and quick data access. New PCIe SSDs provide excellent performance with low latency and high frequency. <br>Solid State Drives (SSD) Market - Technology<br>In terms of market share, the market was dominated by the SLC segment, which accounted for more than 43.5% of the total market share in 2022 and is expected to be at more than 38.0% of the market share by 2029. Solid-state SSDs with SLC holds only one bit of data per cell. As a result, the data can be written and retrieved faster because the cell stores either a 0 or a 1. With 100,000 P/E cycles, SLC delivers the best performance and endurance, allowing it to last longer than other forms of SSD. <br>Solid State Drives (SSD) Market: Competitive Landscape and Key Developments<br>G.SKILL International Enterprise Co., Ltd.; Silicon Power Computer &amp; Communications Inc.; Hangzhou Hikstorage Technology Co., Limited; Western Digital Corporation; and Kingston Technology Europe Co LLP are among the key players in the global Solid State Drives (SSD) market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.<br>Order a Copy of Solid State Drives (SSD) Market Shares, Strategies, and Forecasts 2020-2027 Research Report at <a href="" rel="external nofollow noopener" target="_blank"></a><br>In November 2021, Kingston announced the launch of Kingston FURY Renegade SSD, a next-generation PCIe 4.0 NVMe M.2 drive for enthusiasts, gamers, and high-power users.<br>Browse Related Reports and get a Sample copy<br>Solid State Cooling Market 2028 By Type, Product, Industry Vertical and Geography - <a href="" rel="external nofollow noopener" target="_blank"></a><br>Solid State Transformers Market 2028 By Product Type, Application, End-User and Geography - <a href="" rel="external nofollow noopener" target="_blank"></a><br>Solid State Battery Market 2028 By Type, Capacity, Application and Geography - <a href="" rel="external nofollow noopener" target="_blank"></a><br>About Us:<br>The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.<br>Contact Us:<br>If you have any queries about this report or if you would like further information, please contact us:<br>Contact Person: Sameer Joshi<br>E-mail:<br>Phone: +1-646-491-9876<br>Press Release: <a href="" rel="external nofollow noopener" target="_blank"></a><br />More Research:  <a href="" rel="external nofollow noopener" target="_blank"></a><br>Sameer Joshi<br />                   The Insight Partners<br />                   +91 96661 11581<br />                   <a href="">email us here</a><br />                   Visit us on social media:<br />                   <a href="" rel="nofollow">Facebook</a><br />                   <a href="" rel="nofollow">Twitter</a><br />                   <a href="" rel="nofollow">LinkedIn</a><br>You just read:<br>                       <br />                       EIN Presswire's priority is source transparency. 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