IDC forecast on SSD growth and trends

Samsung SSDIDC forecasts worldwide SSD (solid state drive) shipments to hit a 5-year CAGR of 15.1 percent with industry revenue of $33.6 billion in 2021.

Greater product availability and improved pricing dynamics as the industry transitions to 3D NAND Flash are the key growth for the SSD market.

The current NAND flash supply constraints will begin to diminish in 2018 and contribute to further price erosion in the overall SSD market. Lower SSD pricing beyond 2017 will drive greater SSD adoption in PCs and other client devices.

Client SSD shipments into the PC and consumer electronics markets will see a 2016-2021 CAGR of 15.8 percent. Enterprise demand for SSDs will remain strong as customers turn to flash-optimized systems for traditional storage needs as well as for server-attached solutions.

“SSDs play an important role in making the digital transformation possible, a dynamic that IDC expects will continue to propel the adoption of SSDs and underpins the secular growth of the SSD market for both the client and enterprise segments,” said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies.

In the client market, higher SSD capacities at key price points will result in higher attach rates over time in new notebook and desktop PCs as well as in detachable tablets or 2-in-1 tablets such as the Microsoft Surface.

In the enterprise market, lower SSD prices on a per-gigabit basis will drive SSD attach rates higher in servers, network storage arrays (all-flash arrays and hybrid flash arrays), and hyperscale cloud service provider datacenters.

In the commercial market, there will be increased adoption of SSDs in a variety of secondary markets and applications, including the Internet of Things (IoT).

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