SSD Controller Industry Segments Analysis and Opportunities 2025
In its research report, Market Research
Future (MRFR), highlights that over the review period , the global market 2020
is poised to increase significantly, ensuring substantial market valuation
of USD 19.04 billion and a healthy 14.60% CAGR over the review
period.
Drivers
and Restraints
One of the key drivers of demand for SSD
controllers is the
growing rise in demand for cloud-based data centres. The low cost of accessing
the cloud contributes to increased demand for public cloud storage. This has
resulted in the increasing demand for data centers which can store large
amounts of data and require highly data-intensive operations. When businesses
are more inclined towards cloud-based operations, there has been a massive
increase in the number of mega data centers; this is expected to fuel demand
for SSD controllers in the years ahead.
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One of the main
factors affecting the growth of the demand for SSD controllers is the growth of
3D NAND technology that has brought revolution in electronic storage. 3D NAND
technology offers a variety of advantages, including low power consumption and
improved endurance compared to a planar design. These architectures are
one-dimensional, and therefore more data can be stored by increasing its
density. This results in an increase in SSD capacities and a fall in prices.
Segmental
Analysis
By
type, the market has been segmented into multi-level cells (MLC), single-level
cells (SLC), triple-level cells (TLC). During the forecast period the
multi-level cells (MLC) segment is expected to dominate the SSD controller
market, while the triple-level cells (TLC) segment is expected to grow at the
highest CAGR during the forecast period.
The market has been
segmented by storage interface into SAS, SATA, PCIe. The SATA segment leads the
SSD controller market and is poised to continue its dominance over the forecast
period. During the forecast period the PCIe segment is expected to grow at a
significant pace.
The SSD controller
market was segmented by application into data center, business, consumer, and
retail. In 2018, the data center segment dominated the SSD controller market
and is expected to contribute a significant market share of revenue over the
forecast period. Customer segment is likely to record high CAGR over the
forecast period.
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Regional
Assessment
The global market
geographic overview was conducted in four major regions including Asia Pacific
, North America, Europe and the rest of the world. North America is expected to
dominate the SSD controller market amongst the aforementioned regions. The
broad adoption of SSD controller technology in advanced computing systems,
growth of cloud computing, and proliferating big data analytics is contributing
to the growth of the industry. SSD controller technology is used largely in
data centers. Asia-Pacific is expected to grow in the forecast period, at the
highest CAGR. The region's leading countries include China, Japan and South
Korea are generating immense potential for the SSD controller industry to
expand. Europe is also projected to see tremendous demand for SSD controller
technology owing to the demand from the automobile industry inside the consumer
market.
Competitive
Analysis
The
major market players operating in the global market as identified by MRFR are
Samsung (South Korea), Marvell Technology Group (UK), Intel (US),
Toshiba (Japan), Micron Technology, Inc. (US), Western Digital (US), NetApp
(US), IBM (US), Silicon Motion Technology Corporation (Taiwan), Phison
Electronics Corporation (Taiwan), and SandForce (US). Apart from the key
players, there are other players and regional players that contribute to the
market growth. These include CNEX Labs, Inc. (US), OCZ (US), Realtek
Semiconductor Corp. (Taiwan), ADATA Technology Co., Ltd. (Taiwan), and Foremay
(US).
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