PUBLISHER: IDC | PRODUCT CODE: 1618898
PUBLISHER: IDC | PRODUCT CODE: 1618898
Worldwide Solid State Drive Forecast Update, 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)."Following a significant rebound in 2024, the SSD market is set for continued growth and innovation, driven by rising demand across enterprise datacenters, intelligent edge solutions, AI infrastructure, and client devices," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies at IDC. "In this forecast, SSD revenue is expected to grow at a CAGR of 21.5% for 2023-2028."
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
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
