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Asia Pacific was the largest revenue contributor in 2014 and accounted for 57.0% of the global solid state drive market.
The expected rise in the adoption of SSDs across all regions would help increase the growth exponentially in the long term of the forecast period. Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. The higher performance requirement in enterprise applications and consumer mobile devices is fueling the demand for solid state drives.
Asia Pacific is estimated to dominate the SSD market in terms of revenue, volume, and growth rate throughout the forecast period. SSDs with capacities of 80 GB and below dominated the global solid state drive market in 2014, accounting for approximately 36.3% of the global SSD market revenue.
In order to grab potential revenue opportunities, leading players are targeting the niche profitable segments of the solid state drives market.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Features such as lower power consumption, cooler computing, low form factor, and reduced latency are cementing the demand for solid state drives.
Furthermore, in terms of interface type, SATA SSDs have been able to see swifter adoption than other interfaces due to the former’s lower prices.
TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
The solid state drive market has witnessed rising demand for client SSDs, owing to their use in devices such as notebooks, tablets, and mobiles. Likewise, vendors in the solid state drive market are partnering with competitors to develop technologically advanced products and gain competitive advantage. However, with higher performance requirements in enterprises, the SAS and PCI-E SSD segments are expected to overtake the SATA SSD segment over the forecast period.

Asia Pacific is expected to be the fastest-growing market for solid state drive in terms of revenue during the forecast period. PCI-E SSD is expected to be the fastest-growing segment, recording a CAGR of 61.2% over the forecast period from 2015 to 2022. Growth in this region is mainly attributed to an expanding customer base and high IT infrastructure spending in countries such as Japan, China, and Taiwan.
Competition in the market is paving way for the development of novel technologies in the solid state drive market. Furthermore, benefits offered by SSDs over HDDs, and the resulting replacement demand, are expected to drive the growth of solid state drive market during the forecast period.

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