Sign Up

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Forgot Password?

Need An Account, Sign Up Here

You must login to add post.

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Sign InSign Up

Find Authority

Find Authority Logo Find Authority Logo

Find Authority Navigation

  • Home

Mobile menu

Close
Ask a Question
  • Home
  • Recent Questions
  • Topics
  • Home
Home/Questions/Q 2077
Next
In Process
Anonymous
  • 0
Anonymous
Asked: December 29, 20192019-12-29T14:57:54+00:00 2019-12-29T14:57:54+00:00In: Information Technology

What is the market size of solid state drive (SSD)?

  • 0

The new generation of the storage device in computers is a solid-state drive (SSD). It is expected that SSD will substitute conventional mechanical hard drives. SSDs greatly speed up computers due to their low read-access times and rapid performance.

What are the key factors driving the global market for solid-state drive (SSD)?

computingmarket size
  • 1 1 Answer
  • 0
Share
  • Facebook

    Leave an answer
    Cancel reply

    You must login to add an answer.

    Forgot Password?

    Need An Account, Sign Up Here

    1 Answer

    • Oldest
    1. Electronics Guru Level 5
      2019-12-29T15:14:49+00:00Added an answer on December 29, 2019 at

      Solid-state drives market is expected to increase from US$ 25 billion in 2018 to US$ 50 billion by 2025.

      Solid State Drives (SSD) are new data-storage technology and considered as an alternative to conventional hard drive device (HDD) storage device. The high reliability and efficiency benefits are driving the growth of the solid-state drive market over hard drives. In addition, the rapidly expanding data centres and the increasing innovative solutions such as big data increased the competitiveness of the SSD market due to its longer life and faster speed.

      The large storage is also an important aspect, and there will be more developments in increasing the capacity size in the future. Leading players such as Samsung, Intel Corporation, Kingston Technologies and Micron Technology are focusing on the development of higher capacity SSDs.

      The growing use of the Internet, the rising e-commerce industry, rapid progress due to digitalisation and increasing volume of media transition would drive the global SSD market. The demand for solid-state drives has been steadily increasing with the rising numbers of high-end cloud computing platforms. Cloud computing becomes one of the safe ways to backup and store information for businesses and consumers.

      The technological developments in the solid-state storage have resulted in SSD with new forms such as Peripheral Component Interconnect Express (PCI-E), Serial Advanced Technology Attachment (SATA), and non-volatile memory express (NVMe). The enhanced features such as high speed and fast data access promote the adoption of cloud computing PCIe SSDs which deal high efficiency with decreased bandwidth and high frequency. The upgrade to a SATA-based SSD will continue for older PCs or laptops with a hard disk drive.

      However, the high costs of SSD compared to HDD could impede the market growth, as SSDs are around 6 to 7 times more costly of HDDs.

      • 0
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Sidebar

    Advanced Search
    Ask A Question

    Related Questions

    • Do I need technical skills to use a Video Production ...

    • Customer Login Using FME Extensions in Magento 2

    • E-Commerce Migration is Difficult. How to Make it Easy?

    • What is the impact of the pandemic on global LMS ...

    • How big is the global mobile middleware market?

    Explore

    • Home
    • Recent Questions
    • Topics

    Footer

    Find Authority

    Find Authority

    Find Authority is a professional networking and crowdsourcing platform which helps enhance members credentials and create opportunities.

    About Us

    • About Us
    • Careers
    • Contact Us

    Legal Stuff

    • Terms and Conditions
    • Privacy Policy
    • Cookie Policy

    Supprt

    • Help Centre
    • Badges

    Follow

    © 2020 Find Authority. All Rights Reserved

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.