Solid State Drive Market Research Report Covers SSD Market Share by Company and is Segmented by SSD Interface (SATA, SAS, PCIE), Application (Enterprise, Client), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

The total number of shipped units in the first quarter of 2021 was 99.44 million units. That quarter, Samsung had a market share, by units shipped, of 25 percent, while WDC occupied 18 percent of the market.

This statistic shows the total SSD (solid-state drive) market revenue share of companies in 2012 and 2013. Samsung had the biggest share of the SSD market in 2013 with almost 30 percent of the revenue.

Enterprise SSD Market Size And Forecast

Enterprise SSD Market size was valued at USD 20.10 Billion in 2023 and is projected to reach USD 71.33 Billion by 2030, growing at a CAGR of 18.5% during the forecast period 2024-2030.

Global Enterprise SSD Market Drivers

The market drivers for the Enterprise SSD Market can be influenced by various factors. These may include:

Performance Enhancement: Compared to conventional HDDs, enterprise SSDs have much quicker read/write speeds and lower latency, which improves application responsiveness and performance.

Durability and Reliability: Since SSDs don’t have any moving components, they are less likely to malfunction mechanically and are more resilient to physical impact, which contributes to their extended lifespan and increased reliability.

Energy Efficiency: Enterprise SSDs have a lower carbon footprint and lower energy expenses in data centre environments since they use less power than HDDs.
Scalability: SSDs provide more flexibility and scalability for enterprise contexts by offering larger storage densities and being readily scaled up to meet growing data storage requirements.

Data Centre Modernization: To increase overall infrastructure performance, save maintenance costs, and boost data storage capacity, enterprises are increasingly implementing SSDs as part of their data centre modernization programmes.

The global SSD controller market is anticipated to grow at a CAGR of 14.4% from 2025 to 2032, increasing from $24,965.45 Mn in 2024 to $66,115.49 Mn by 2032, with a projected value of $27,763.08 Mn in 2025.

WD, with 14 percent market share, was the leading company in internal solid state drive in India during the first quarter of 2021. This was followed by Adata and Crucial that held a market share of 13 percent and 12 percent respectively.

During the first quarter of 2021, with 51 percent market share, WD was the leading company in external solid state drive in India. This was followed by Samsung that had a market share of 41 percent. The external SSD market was still at a nascent stage in India. Some other brands present in the country were Adata, G-Technology, and LaCie.

Latin America SSD Caching Market is Segmented by Application (Enterprise Storage, Personal Storage)

China Solid State Drive (SSD) Market size was valued at USD 3.9 Billion in 2024 and is projected to reach USD 9.2 Billion by 2032, growing at a CAGR of 11.3% from 2025 to 2032.

China Solid State Drive (SSD) Market Drivers

Rapid Growth of Data Centers: China is witnessing a surge in data center construction to support the growing demands of cloud computing, artificial intelligence, and big data analytics. SSDs are crucial for high-performance computing and data storage in these data centers due to their faster read/write speeds and improved performance compared to traditional hard disk drives (HDDs).

Increasing Adoption of PCs and Laptops: The rising disposable incomes and increasing urbanization in China have led to a significant increase in PC and laptop ownership. SSDs are increasingly becoming the preferred storage solution for these devices due to their faster boot times, improved system responsiveness, and enhanced overall performance.

Government Initiatives: The Chinese government is actively promoting the development of the domestic semiconductor industry, including SSD manufacturing. This includes providing incentives, supporting research and development, and encouraging local companies to increase their market share.

Demand for High-Performance Computing: The growing demand for high-performance computing (HPC) in various sectors, such as scientific research, artificial intelligence, and financial services, is driving the need for high-speed storage solutions like SSDs.

The SSD Controllers Market is projected to grow at 13.2% CAGR, reaching $59.78 Billion by 2029. Where is the industry heading next? Get the sample report now!

The global solid state drive market is projected to increase from USD 37.08 billion in 2024 to USD 225.58 billion by 2037, exhibiting a CAGR of over 14.9% during the forecast period, between 2025 and 2037. Key industry players include of KIOXIA Corporation, Seagate Technology LLC, LITE-ON Technology Corporation, SK HYNIX INC., among others.

Solid State Drive Market is estimated to be US$ 47.6 Mn in 2023, is anticipated to reaching US$ 155.9 Mn by 2030, with a steady annual growth rate of 16.00%.

North America SSD Caching market is segmented by Application (Enterprise Storage, Personal Storage).

MEA SSD Caching Market is segmented by Application (Enterprise Storage, Personal Storage). For each segment, the market sizing and forecasts have been provided on the basis of value (in USD million) and volume (in metric tons).

Asia-Pacific Solid State Drive (SSD) Caching Market Report is Segmented by Application (Enterprise Storage and Personal Storage) and by Country (China, Japan, India, South Korea, and the Rest of Asia Pacific). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Global Solid State Drives SSD market size 2025 was XX Million. Solid State Drives SSD Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The report covers SSD Manufacturers in China and the market is segmented by Application (Enterprise and Clients) and Interface (Serial Advanced Technology Attachment (SATA) and Peripheral Component Interconnect (PCI) Express). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

In the second quarter of 2024, Samsung held a market share of 36.9 percent of the NAND flash memory market worldwide, ranking first among vendors. SK Group ranked second, occupying 22.1 percent of the global market. Computer memory Computer memory refers to the physical devices which are used to store data or programs for use in a computer. Primary storage allows for the short-term storage of data: information is retained for immediate use and is directly accessible by the CPU, usually until the main device is reset or turned off. Secondary storage, either in the form of hard disk drives (HDDs), solid-state drives (SSDs), flash drives, or other longer-term storage devices, record and hold data indefinitely, even when the main device is unpowered. HDD and SSD HDDs and SSDs are both a form of non-volatile memory commonly used for secondary storage in laptops and computers. HDDs are considered to be an old-school storage device, made up of magnetic tape and with mechanical parts inside. A solid-state drive (SSD) is a newer storage technology that has no moving parts. Instead, it uses NAND flash memory, a type of non-volatile storage that does not require power to retain data. Lower-priced laptops often still come with the cheaper HDD option, but most midrange to high-end PCs come with an SSD instead.

The global SAS SSD market is projected to exhibit significant growth over the forecast period, owing to the increasing adoption of SAS SSDs in data centers and enterprise applications. The rising demand for high-performance computing and data storage solutions is driving the growth of the SAS SSD market. Additionally, the growing popularity of cloud computing and virtualization is also contributing to the market's expansion. The market is expected to witness the entry of new vendors and the emergence of innovative technologies in the coming years. Key market players include Kingston Technology, Micron, Seagate, Samsung, Toshiba, Dell, and Western Digital. The market is highly competitive, with these companies vying for market share through product innovation and strategic partnerships. The market is expected to witness consolidation over the forecast period, with larger players acquiring smaller vendors to expand their product portfolio and geographic reach. The market is also expected to be impacted by the increasing adoption of NVMe SSDs, which offer higher performance and lower latency than SAS SSDs. However, the higher cost of NVMe SSDs is expected to limit their adoption in budget-sensitive applications.

The global Serial ATA (SATA) SSD market is expected to grow from USD XXX million in 2025 to USD XXX million by 2033, at a CAGR of XX% during the forecast period. The market growth is primarily driven by the increasing demand for high-performance storage devices in various end-use industries, including consumer electronics, enterprise IT, and cloud computing. Additionally, the growing adoption of SATA SSDs in data centers and cloud platforms is further contributing to market expansion. Major companies in the SATA SSD market include Samsung, Kingston, Western Digital, SK Hynix, Corsair, Seagate Technology, ADATA, Micron Technology, Gigabyte, and Sabrent. These companies are focusing on developing innovative products and expanding their distribution channels to gain a competitive edge in the market. The increasing penetration of SATA SSDs in various applications, technological advancements, and government initiatives to promote digital transformation are expected to provide significant growth opportunities for market participants in the coming years.