The SSD Controllers Global Market Report 2023, provides comprehensive information on the ssd controllers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s SSD Controllers Global Market Report 2023, the market size is expected to grow from $22.69 billion in 2022 to $26.59 billion in 2023 at a compound annual growth rate (CAGR) of 17.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global SSD controllers is expected to grow to $40.73 billion in 2027 at a CAGR of 11.2%.
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The introduction of 3D NAND technology in SSD controllers is a key trend in the SSD controllers market. 3D NAND also called vertical NAND or V-NAND employs a stacked design to organize memory cells within an SSD. 3D NAND allows suppliers to pack more capacity into a smaller physical space at a lower cost. It also leads to faster performance, longer battery life, and lower power usage. Every major SSD manufacturer currently offers 3D NAND SSDs. For instance, in 2020, Intel Corporation, an American multinational corporation, and technology company, launched 144L 3D NAND For Datacenter SSDs. In May 2017, Western Digital launched a 3D NAND SATA SSD using 64-layer 3D NAND technology for increased capacity and less cell-cell interference.
The ssd controllers market is segmented:
1) By Type: Single Level Cell, Multi Level Cell, Triple Level Cell
2) By Storage: SATA, SAS, PCIe
3) By End-User: Enterprise, Automotive, Industrial, Other End-Users
North America was the largest region in the ssd controllers market in 2022.
The table of contents in TBRC’s ssd controllers market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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