Global Serial Attached Storage (SAS) Solid-state Drive (SSD) Market to Reach US$4.2 Billion by 2030
The global market for Serial Attached Storage (SAS) Solid-state Drive (SSD) estimated at US$3.3 Billion in the year 2024, is expected to reach US$4.2 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2024-2030. 500 GB, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the 1 TB segment is estimated at 4.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$878.4 Million While China is Forecast to Grow at 6.5% CAGR
The Serial Attached Storage (SAS) Solid-state Drive (SSD) market in the U.S. is estimated at US$878.4 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$858.0 Million by the year 2030 trailing a CAGR of 6.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.6% and 3.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Global Serial Attached Storage (SAS) Solid-state Drive (SSD) Market - Key Trends and Drivers Summarized
Why Are SAS SSDs Gaining Traction in Enterprise Storage Solutions?
Serial Attached Storage (SAS) Solid-State Drives (SSDs) are gaining traction in enterprise storage solutions due to their high performance, reliability, and scalability. Unlike traditional hard disk drives (HDDs), SAS SSDs provide faster data access, higher data throughput, and lower latency, making them ideal for mission-critical applications in data centers, cloud computing, and enterprise servers. The increasing adoption of SAS SSDs is driven by the need to handle large volumes of data generated by Big Data analytics, AI, machine learning, and other data-intensive workloads. With the growth of hyper-converged infrastructure and software-defined storage solutions, SAS SSDs are becoming integral components of modern storage architectures, offering high IOPS (Input/Output Operations Per Second), low failure rates, and advanced data protection features.
How Are Technological Innovations Driving the SAS SSD Market?
Technological innovations are driving the SAS SSD market by enhancing storage capacities, data transfer speeds, and endurance. Advances in NAND flash memory technology, such as 3D NAND and Quad-Level Cell (QLC) NAND, are enabling the production of SAS SSDs with higher storage densities and lower cost per gigabyte. The emergence of the 24G SAS interface standard is further propelling the market, offering double the data transfer rate of the previous 12G SAS, thus improving performance for next-generation storage systems. The integration of advanced error correction code (ECC) algorithms, wear-leveling techniques, and power loss protection features is enhancing the reliability and longevity of SAS SSDs, making them suitable for enterprise-grade storage applications. Additionally, the development of hybrid storage solutions that combine SAS SSDs with HDDs is optimizing cost and performance, catering to diverse storage needs in data centers and cloud environments.
Which Market Segments Are Leading the Adoption of SAS SSDs?
The SAS SSD market is segmented by capacity, application, end-use industry, and region. Capacities of SAS SSDs range from less than 1TB to over 4TB, with high-capacity SSDs being the most widely adopted due to the growing need for data storage in high-performance computing environments. Applications of SAS SSDs span data centers, enterprise servers, cloud storage, and big data analytics, with data centers being the largest segment due to the demand for high-speed, low-latency storage solutions. End-use industries such as IT & telecom, financial services, healthcare, and government are key adopters of SAS SSDs due to their need for reliable and secure data storage. Geographically, North America and Europe are leading markets for SAS SSDs due to advanced IT infrastructure and high cloud adoption rates, while Asia-Pacific is emerging as a high-growth region driven by digital transformation, e-commerce, and the expansion of data center facilities.
What Are the Key Drivers of Growth in the SAS SSD Market?
The growth in the SAS SSD market is driven by several factors, including the increasing demand for high-performance and scalable storage solutions, advancements in NAND flash memory technology, and the rising adoption of SAS SSDs in data centers, cloud storage, and enterprise servers. The development of SAS SSDs with enhanced data transfer speeds, endurance, and power efficiency is driving market adoption across IT, telecom, and financial services sectors. The focus on reducing latency, improving reliability, and ensuring data security in mission-critical applications is expanding the market reach among enterprise storage and big data analytics applications. The growing need for hybrid storage solutions that optimize cost and performance, coupled with the increasing use of SAS SSDs in healthcare, government, and research sectors, is creating new opportunities for market growth. Additionally, the rising investments in R&D for low-power, high-capacity SAS SSDs with advanced data protection and error correction features are further supporting market expansion.
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
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We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
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APRIL 2025: NEGOTIATION PHASE
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