The Business Research Company’s report on the Ball Grid Array SSD Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the ball grid array ssd market’s growth in recent years?
The rising gaming industry is expected to propel the growth of the ball grid array SSD market going forward. The gaming industry refers to the development, distribution, and monetization of video games across various platforms, including consoles, PCs, and mobile devices. The rising gaming industry is driven by advancements in graphics technology and powerful hardware, enabling immersive and realistic experiences. Ball grid array (BGA) SSD boosts gaming performance by offering faster load times, reliable storage, and a compact design for smoother gameplay. For instance, in December 2024, according to the Economics Observatory (ECO), a UK-based economic data analysis organization, UK video game spending was $9.5 billion in 2022 and rose to $10.0 billion in 2023. Additionally, it is expected to exceed $10.0 billion by 2027, supporting over 2,500 businesses and 75,000 jobs. Therefore, the rising gaming industry is driving the growth of the ball grid array SSD market.
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How does the future projection of the ball grid array ssd market size compare to its historical growth?
The ball grid array SSD market size has grown rapidly in recent years. It will grow from $9.81 billion in 2024 to $11.64 billion in 2025 at a compound annual growth rate (CAGR) of 18.6%. The growth in the historic period can be attributed to the rise in data storage demand, increase in cloud adoption, surge in IoT devices, demand for high-speed storage, and increase in smartphone usage.
The ball grid array SSD market size is expected to see rapid growth in the next few years. It will grow to $22.84 billion in 2029 at a compound annual growth rate (CAGR) of 18.4%. The growth in the forecast period can be attributed to rising adoption of AI, growing need for edge storage, expanding use in automation, increasing smart device usage, and rising autonomous vehicle adoption. Major trends in the forecast period include technological advancements, increasing NAND layer count, edge AI storage evolution, integration of CXL technology, and energy-efficient SSD designs.
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Which key players are shaping the future of the ball grid array ssd market?
Major companies operating in the ball grid array ssd market are Samsung Electronics Co. Ltd., Intel Corporation, SK Hynix Inc., Toshiba Corporation, Western Digital (WD), Kingston Technology, Micron Technologies, BIWIN STORAGE TECHNOLOGY CO. LTD., Viking Technology, Phison Electronics Corporation, ADATA Technology, Silicon Motion, Apacer Technology Inc., Innodisk Corporation, Swissbit AG, Exascend, Greenliant Systems, Maxio Technology, Flexxon, ATP Electronics, Silicongo.
What trends will propel the growth and evolution of the ball grid array ssd market?
Major companies operating in the ball grid array SSD market are focusing on developing innovative products, such as rugged storage solutions to enhance durability and performance in extreme conditions. A rugged storage solution is a durable data storage device designed to withstand extreme conditions such as shock, vibration, temperature, and moisture. For instance, in May 2024, Exascend, a China-based custom storage solutions company, launched the AS500 BGA SSD, a rugged storage solution tailored for autonomous vehicles. The AS500 offers PCIe 4.0 NVMe performance, high endurance, a wide temperature range (-40°C to 85°C), shockproof and vibration-resistant features, and AES-256 encryption for data security. Its compact BGA form factor ensures reliability in harsh environments, making it ideal for artificial intelligence (AI)-driven automotive applications.
Which regions are expected to become dominant players in the ball grid array ssd market?
Asia-Pacific was the largest region in the ball grid array SSD market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the ball grid array ssd market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the ball grid array ssd market, and how are they evolving?
The ball grid array ssd market covered in this report is segmented –
1) By Type: Consumer Solid State Drive (SSDs), Enterprise Solid State Drive (SSDs)
2) By Technology: 3D NAND, Multi-Level Cell (MLC), Triple-Level Cell (TLC), Quad-Level Cell (QLC), Single-Level Cell (SLC)
3) By Interface Type: Serial Advanced Technology Attachment (SATA), Peripheral Component Interconnect Express (PCIe), Non-Volatile Memory Express (NVMe), Serial Attached SCSI (SAS)
4) By Storage Capacity: Below 256 Gigabyte (GB), 256 Gigabyte (GB) To 512 Gigabyte (GB), 512 Gigabyte (GB) To 1 Terabyte (TB), 1 Terabyte (TB) To 2 Terabyte (TB), Above 2 Terabyte (TB)
5) By End Use Industry: Consumer Electronics, Enterprise Storage, Healthcare, Gaming, Data Centers
Subsegments:
1) By Consumer Solid State Drive (SSDs): Gaming Laptops And Consoles Storage, Ultrabooks And Tablets Storage, Personal Computing Storage
2) By Enterprise Solid State Drive (SSDs): Data Center And Cloud Storage, AI And Machine Learning Workloads Storage, High-Performance Computing (HPC) Storage
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What defines the structure and scope of the ball grid array ssd market?
A ball grid array (BGA) SSD is a compact, soldered solid-state drive that uses a grid of solder balls for direct attachment to a device’s motherboard. Unlike traditional removable SSDs, BGA SSDs are permanently mounted, offering higher durability, reduced power consumption, and faster data transfer speeds.
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