Global Solid State Drive (SSD) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Solid State Drive (SSD) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Solid State Drive (SSD) market size was valued at US$ 30930 million in 2024 and is forecast to a readjusted size of USD 50990 million by 2031 with a CAGR of 7.0% during review period.

A solid-state drive (SSD) is a solid-state storage device that uses integrated circuit assemblies as memory to store data persistently. Enterprises prefer SSDs because they consume less energy, allow for reduction in sprawl, and result in a smaller environmental footprint.

Technological Advancement

With continuous improvements in NAND flash technology, SSD storage density and speed will continue to increase while costs decrease. The widespread adoption of 3D NAND technology allows for more storage cells to be stacked vertically, enhancing performance and capacity.

Growing Market Demand

The rapid development of data centers, cloud computing, artificial intelligence, and big data analytics is driving a significant increase in demand for high-performance storage, fueling the growth of the SSD market.

Increase in Enterprise Applications

Enterprises are increasingly seeking efficient storage solutions, particularly in industries such as finance, healthcare, and e-commerce, driving the market for enterprise-grade SSDs.

Explosion of Data Volume

The rapid development of the internet and IoT is generating data at an unprecedented rate, significantly increasing storage demands, making SSDs a preferred solution for fast and reliable storage.

Performance Advantages

Compared to traditional hard disk drives (HDDs), SSDs offer clear advantages in terms of read/write speeds, durability, and energy consumption, attracting more users and enterprises.

Global Solid State Drive (SSD) key players include SAMSUNG, SanDisk/WDC, Toshiba, SK Hynix, Intel, etc.Global top five manufacturers hold a share over 75%. Asia Pacific is the largest market, with a share over 45%, followed by Europe, and North America, both have a share over 45 percent. In terms of product, (320-500)GB is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Client, followed by Enterprise.

This report is a detailed and comprehensive analysis for global Solid State Drive (SSD) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Solid State Drive (SSD) market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031

Global Solid State Drive (SSD) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031

Global Solid State Drive (SSD) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031

Global Solid State Drive (SSD) market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Solid State Drive (SSD)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Solid State Drive (SSD) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung, Western Digital, Kingston, SK Hynix, Intel, Kioxia, Crucial (Micron), Lenovo, Transcend, Kimtigo, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Solid State Drive (SSD) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Below 120 GB

120-320 GB

320-500 GB

500 GB-1 TB

1-2 TB

Above 2TB

Market segment by Application

Enterprise

Client

Major players covered

Samsung

Western Digital

Kingston

SK Hynix

Intel

Kioxia

Crucial (Micron)

Lenovo

Transcend

Kimtigo

Teclast

BIWIN Storage

Netac Technology

Shenzhen Longsys (Lexar)

Seagate

Sony

ADATA Technology

GIGABYTE

HOSIN Global Electronics

Union Memory

Colorful

ZhiTai (Yangtze Memory)

GLOWAY (Powev)

LingDeChuang

Kingbank

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Solid State Drive (SSD) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Solid State Drive (SSD), with price, sales quantity, revenue, and global market share of Solid State Drive (SSD) from 2020 to 2025.

Chapter 3, the Solid State Drive (SSD) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Solid State Drive (SSD) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solid State Drive (SSD) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Solid State Drive (SSD).

Chapter 14 and 15, to describe Solid State Drive (SSD) sales channel, distributors, customers, research findings and conclusion.