The global Solid State Drive (SSD) market size was valued at US$ 34050 million in 2024 and is forecast to a readjusted size of USD 54260 million by 2031 with a CAGR of 7.0% during review period.
A solid-state drive (SSD) is a solid-state storage device that uses integrated circuit assemblies as memory to store data persistently. Enterprises prefer SSDs because they consume less energy, allow for reduction in sprawl, and result in a smaller environmental footprint.
Technological Advancement
With continuous improvements in NAND flash technology, SSD storage density and speed will continue to increase while costs decrease. The widespread adoption of 3D NAND technology allows for more storage cells to be stacked vertically, enhancing performance and capacity.
Growing Market Demand
The rapid development of data centers, cloud computing, artificial intelligence, and big data analytics is driving a significant increase in demand for high-performance storage, fueling the growth of the SSD market.
Increase in Enterprise Applications
Enterprises are increasingly seeking efficient storage solutions, particularly in industries such as finance, healthcare, and e-commerce, driving the market for enterprise-grade SSDs.
Explosion of Data Volume
The rapid development of the internet and IoT is generating data at an unprecedented rate, significantly increasing storage demands, making SSDs a preferred solution for fast and reliable storage.
Performance Advantages
Compared to traditional hard disk drives (HDDs), SSDs offer clear advantages in terms of read/write speeds, durability, and energy consumption, attracting more users and enterprises.
Global Solid State Drive (SSD) key players include SAMSUNG, SanDisk/WDC, Toshiba, SK Hynix, Intel, etc.Global top five manufacturers hold a share over 75%. Asia Pacific is the largest market, with a share over 45%, followed by Europe, and North America, both have a share over 45 percent. In terms of product, (320-500)GB is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Client, followed by Enterprise.
This report is a detailed and comprehensive analysis for global Solid State Drive (SSD) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Solid State Drive (SSD) market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031
Global Solid State Drive (SSD) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031
Global Solid State Drive (SSD) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031
Global Solid State Drive (SSD) market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solid State Drive (SSD)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solid State Drive (SSD) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung, Western Digital, Kingston, SK Hynix, Intel, Kioxia, Crucial (Micron), Lenovo, Transcend, Kimtigo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Solid State Drive (SSD) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 120 GB
120-320 GB
320-500 GB
500 GB-1 TB
1-2 TB
Above 2TB
Market segment by Application
Enterprise
Client
Major players covered
Samsung
Western Digital
Kingston
SK Hynix
Intel
Kioxia
Crucial (Micron)
Lenovo
Transcend
Kimtigo
Teclast
BIWIN Storage
Netac Technology
Shenzhen Longsys (Lexar)
Seagate
Sony
ADATA Technology
GIGABYTE
HOSIN Global Electronics
Union Memory
Colorful
ZhiTai (Yangtze Memory)
GLOWAY (Powev)
LingDeChuang
Kingbank
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solid State Drive (SSD) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solid State Drive (SSD), with price, sales quantity, revenue, and global market share of Solid State Drive (SSD) from 2020 to 2025.
Chapter 3, the Solid State Drive (SSD) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solid State Drive (SSD) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solid State Drive (SSD) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solid State Drive (SSD).
Chapter 14 and 15, to describe Solid State Drive (SSD) sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Solid State Drive (SSD) Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Below 120 GB
1.3.3 120-320 GB
1.3.4 320-500 GB
1.3.5 500 GB-1 TB
1.3.6 1-2 TB
1.3.7 Above 2TB
1.4 Market Analysis by Application
1.4.1 Overview: Global Solid State Drive (SSD) Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Enterprise
1.4.3 Client
1.5 Global Solid State Drive (SSD) Market Size & Forecast
1.5.1 Global Solid State Drive (SSD) Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Solid State Drive (SSD) Sales Quantity (2020-2031)
1.5.3 Global Solid State Drive (SSD) Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Samsung
2.1.1 Samsung Details
2.1.2 Samsung Major Business
2.1.3 Samsung Solid State Drive (SSD) Product and Services
2.1.4 Samsung Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Samsung Recent Developments/Updates
2.2 Western Digital
2.2.1 Western Digital Details
2.2.2 Western Digital Major Business
2.2.3 Western Digital Solid State Drive (SSD) Product and Services
2.2.4 Western Digital Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Western Digital Recent Developments/Updates
2.3 Kingston
2.3.1 Kingston Details
2.3.2 Kingston Major Business
2.3.3 Kingston Solid State Drive (SSD) Product and Services
2.3.4 Kingston Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Kingston Recent Developments/Updates
2.4 SK Hynix
2.4.1 SK Hynix Details
2.4.2 SK Hynix Major Business
2.4.3 SK Hynix Solid State Drive (SSD) Product and Services
2.4.4 SK Hynix Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 SK Hynix Recent Developments/Updates
2.5 Intel
2.5.1 Intel Details
2.5.2 Intel Major Business
2.5.3 Intel Solid State Drive (SSD) Product and Services
2.5.4 Intel Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Intel Recent Developments/Updates
2.6 Kioxia
2.6.1 Kioxia Details
2.6.2 Kioxia Major Business
2.6.3 Kioxia Solid State Drive (SSD) Product and Services
2.6.4 Kioxia Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Kioxia Recent Developments/Updates
2.7 Crucial (Micron)
2.7.1 Crucial (Micron) Details
2.7.2 Crucial (Micron) Major Business
2.7.3 Crucial (Micron) Solid State Drive (SSD) Product and Services
2.7.4 Crucial (Micron) Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Crucial (Micron) Recent Developments/Updates
2.8 Lenovo
2.8.1 Lenovo Details
2.8.2 Lenovo Major Business
2.8.3 Lenovo Solid State Drive (SSD) Product and Services
2.8.4 Lenovo Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Lenovo Recent Developments/Updates
2.9 Transcend
2.9.1 Transcend Details
2.9.2 Transcend Major Business
2.9.3 Transcend Solid State Drive (SSD) Product and Services
2.9.4 Transcend Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Transcend Recent Developments/Updates
2.10 Kimtigo
2.10.1 Kimtigo Details
2.10.2 Kimtigo Major Business
2.10.3 Kimtigo Solid State Drive (SSD) Product and Services
2.10.4 Kimtigo Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Kimtigo Recent Developments/Updates
2.11 Teclast
2.11.1 Teclast Details
2.11.2 Teclast Major Business
2.11.3 Teclast Solid State Drive (SSD) Product and Services
2.11.4 Teclast Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Teclast Recent Developments/Updates
2.12 BIWIN Storage
2.12.1 BIWIN Storage Details
2.12.2 BIWIN Storage Major Business
2.12.3 BIWIN Storage Solid State Drive (SSD) Product and Services
2.12.4 BIWIN Storage Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 BIWIN Storage Recent Developments/Updates
2.13 Netac Technology
2.13.1 Netac Technology Details
2.13.2 Netac Technology Major Business
2.13.3 Netac Technology Solid State Drive (SSD) Product and Services
2.13.4 Netac Technology Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Netac Technology Recent Developments/Updates
2.14 Shenzhen Longsys (Lexar)
2.14.1 Shenzhen Longsys (Lexar) Details
2.14.2 Shenzhen Longsys (Lexar) Major Business
2.14.3 Shenzhen Longsys (Lexar) Solid State Drive (SSD) Product and Services
2.14.4 Shenzhen Longsys (Lexar) Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Shenzhen Longsys (Lexar) Recent Developments/Updates
2.15 Seagate
2.15.1 Seagate Details
2.15.2 Seagate Major Business
2.15.3 Seagate Solid State Drive (SSD) Product and Services
2.15.4 Seagate Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Seagate Recent Developments/Updates
2.16 Sony
2.16.1 Sony Details
2.16.2 Sony Major Business
2.16.3 Sony Solid State Drive (SSD) Product and Services
2.16.4 Sony Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Sony Recent Developments/Updates
2.17 ADATA Technology
2.17.1 ADATA Technology Details
2.17.2 ADATA Technology Major Business
2.17.3 ADATA Technology Solid State Drive (SSD) Product and Services
2.17.4 ADATA Technology Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 ADATA Technology Recent Developments/Updates
2.18 GIGABYTE
2.18.1 GIGABYTE Details
2.18.2 GIGABYTE Major Business
2.18.3 GIGABYTE Solid State Drive (SSD) Product and Services
2.18.4 GIGABYTE Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 GIGABYTE Recent Developments/Updates
2.19 HOSIN Global Electronics
2.19.1 HOSIN Global Electronics Details
2.19.2 HOSIN Global Electronics Major Business
2.19.3 HOSIN Global Electronics Solid State Drive (SSD) Product and Services
2.19.4 HOSIN Global Electronics Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 HOSIN Global Electronics Recent Developments/Updates
2.20 Union Memory
2.20.1 Union Memory Details
2.20.2 Union Memory Major Business
2.20.3 Union Memory Solid State Drive (SSD) Product and Services
2.20.4 Union Memory Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 Union Memory Recent Developments/Updates
2.21 Colorful
2.21.1 Colorful Details
2.21.2 Colorful Major Business
2.21.3 Colorful Solid State Drive (SSD) Product and Services
2.21.4 Colorful Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.21.5 Colorful Recent Developments/Updates
2.22 ZhiTai (Yangtze Memory)
2.22.1 ZhiTai (Yangtze Memory) Details
2.22.2 ZhiTai (Yangtze Memory) Major Business
2.22.3 ZhiTai (Yangtze Memory) Solid State Drive (SSD) Product and Services
2.22.4 ZhiTai (Yangtze Memory) Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.22.5 ZhiTai (Yangtze Memory) Recent Developments/Updates
2.23 GLOWAY (Powev)
2.23.1 GLOWAY (Powev) Details
2.23.2 GLOWAY (Powev) Major Business
2.23.3 GLOWAY (Powev) Solid State Drive (SSD) Product and Services
2.23.4 GLOWAY (Powev) Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.23.5 GLOWAY (Powev) Recent Developments/Updates
2.24 LingDeChuang
2.24.1 LingDeChuang Details
2.24.2 LingDeChuang Major Business
2.24.3 LingDeChuang Solid State Drive (SSD) Product and Services
2.24.4 LingDeChuang Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.24.5 LingDeChuang Recent Developments/Updates
2.25 Kingbank
2.25.1 Kingbank Details
2.25.2 Kingbank Major Business
2.25.3 Kingbank Solid State Drive (SSD) Product and Services
2.25.4 Kingbank Solid State Drive (SSD) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.25.5 Kingbank Recent Developments/Updates
3 Competitive Environment: Solid State Drive (SSD) by Manufacturer
3.1 Global Solid State Drive (SSD) Sales Quantity by Manufacturer (2020-2025)
3.2 Global Solid State Drive (SSD) Revenue by Manufacturer (2020-2025)
3.3 Global Solid State Drive (SSD) Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Solid State Drive (SSD) by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Solid State Drive (SSD) Manufacturer Market Share in 2024
3.4.3 Top 6 Solid State Drive (SSD) Manufacturer Market Share in 2024
3.5 Solid State Drive (SSD) Market: Overall Company Footprint Analysis
3.5.1 Solid State Drive (SSD) Market: Region Footprint
3.5.2 Solid State Drive (SSD) Market: Company Product Type Footprint
3.5.3 Solid State Drive (SSD) Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Solid State Drive (SSD) Market Size by Region
4.1.1 Global Solid State Drive (SSD) Sales Quantity by Region (2020-2031)
4.1.2 Global Solid State Drive (SSD) Consumption Value by Region (2020-2031)
4.1.3 Global Solid State Drive (SSD) Average Price by Region (2020-2031)
4.2 North America Solid State Drive (SSD) Consumption Value (2020-2031)
4.3 Europe Solid State Drive (SSD) Consumption Value (2020-2031)
4.4 Asia-Pacific Solid State Drive (SSD) Consumption Value (2020-2031)
4.5 South America Solid State Drive (SSD) Consumption Value (2020-2031)
4.6 Middle East & Africa Solid State Drive (SSD) Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Solid State Drive (SSD) Sales Quantity by Type (2020-2031)
5.2 Global Solid State Drive (SSD) Consumption Value by Type (2020-2031)
5.3 Global Solid State Drive (SSD) Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Solid State Drive (SSD) Sales Quantity by Application (2020-2031)
6.2 Global Solid State Drive (SSD) Consumption Value by Application (2020-2031)
6.3 Global Solid State Drive (SSD) Average Price by Application (2020-2031)
7 North America
7.1 North America Solid State Drive (SSD) Sales Quantity by Type (2020-2031)
7.2 North America Solid State Drive (SSD) Sales Quantity by Application (2020-2031)
7.3 North America Solid State Drive (SSD) Market Size by Country
7.3.1 North America Solid State Drive (SSD) Sales Quantity by Country (2020-2031)
7.3.2 North America Solid State Drive (SSD) Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Solid State Drive (SSD) Sales Quantity by Type (2020-2031)
8.2 Europe Solid State Drive (SSD) Sales Quantity by Application (2020-2031)
8.3 Europe Solid State Drive (SSD) Market Size by Country
8.3.1 Europe Solid State Drive (SSD) Sales Quantity by Country (2020-2031)
8.3.2 Europe Solid State Drive (SSD) Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Solid State Drive (SSD) Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Solid State Drive (SSD) Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Solid State Drive (SSD) Market Size by Region
9.3.1 Asia-Pacific Solid State Drive (SSD) Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Solid State Drive (SSD) Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Solid State Drive (SSD) Sales Quantity by Type (2020-2031)
10.2 South America Solid State Drive (SSD) Sales Quantity by Application (2020-2031)
10.3 South America Solid State Drive (SSD) Market Size by Country
10.3.1 South America Solid State Drive (SSD) Sales Quantity by Country (2020-2031)
10.3.2 South America Solid State Drive (SSD) Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Solid State Drive (SSD) Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Solid State Drive (SSD) Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Solid State Drive (SSD) Market Size by Country
11.3.1 Middle East & Africa Solid State Drive (SSD) Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Solid State Drive (SSD) Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Solid State Drive (SSD) Market Drivers
12.2 Solid State Drive (SSD) Market Restraints
12.3 Solid State Drive (SSD) Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Solid State Drive (SSD) and Key Manufacturers
13.2 Manufacturing Costs Percentage of Solid State Drive (SSD)
13.3 Solid State Drive (SSD) Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Solid State Drive (SSD) Typical Distributors
14.3 Solid State Drive (SSD) Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Samsung
Western Digital
Kingston
SK Hynix
Intel
Kioxia
Crucial (Micron)
Lenovo
Transcend
Kimtigo
Teclast
BIWIN Storage
Netac Technology
Shenzhen Longsys (Lexar)
Seagate
Sony
ADATA Technology
GIGABYTE
HOSIN Global Electronics
Union Memory
Colorful
ZhiTai (Yangtze Memory)
GLOWAY (Powev)
LingDeChuang
Kingbank
听
听
*If Applicable.
