Worldwide Solid State Drive Forecast, 2024–2028
This IDC study presents an updated outlook for the solid state drive (SSD) market for the 2024–2028 period. SSD industry dynamics and the end-device forecast changes are aggregated, analyzed, and applied to IDC's long-term SSD forecast in terms of units, revenue, and petabytes for each consumption category (client, enterprise, and commercial)."Despite 2023's downturn, SSD's future shines bright with demand rebounding from enterprise datacenters, intelligent edge solutions, AI infrastructure, and a wide range of client and consumer devices," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies, IDC. "In this forecast, SSD revenue is expected to grow at a 21.9% CAGR for 2023–2028."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Client Segment Outlook
- SSDs in the PC Market
- SSDs in the Consumer Electronics Market
- SSD Forecast in the Client Market
- Enterprise Segment Outlook
- Enterprise SSD Technology Outlook
- Enterprise SSD Interface Outlook
- SSD Forecast in the Enterprise Segment
- Commercial Segment Outlook
- SSD Forecast in the Commercial Segment
- Market Context
- Drivers and Inhibitors
- Drivers
- Decline of NAND Flash Memory Costs
- Price Elasticity of Demand for SSDs in the Client Market
- Expanding Use of Flash in Both Servers and Enterprise Storage as Infrastructure Workloads Evolve Like GenAI
- Inhibitors
- Macroeconomic Uncertainty
- Inventory Adjustments
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
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