Worldwide Solid State Drive Market Shares, 2023: Navigating a Difficult Downturn

This IDC study examines the market share for the worldwide SSD market for calendar year 2023 and reviews the forces and dynamics that influenced the market."In 2023, the worldwide SSD market experienced a downturn, with industry revenue declining by 43.2% year over year to $20 billion," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies at IDC. "With two consecutive years of revenue declines, SSD suppliers encountered unprecedented challenges that are poised to reshape industry dynamics and strategies for years to come."