Global PCIe SSD Market Strategic Business Report 2015

Strategic Insights -

The global PCIe SSD market has experienced rapid growth driven by increasing demand for high-speed storage in data centers, cloud computing, and enterprise applications. As data storage requirements continue to surge, driven by big data, social media, and online databases, the need for efficient, high-performance storage solutions has become imperative. Key players in the market, including BiTMICRO Networks, EMC Corporation, Fujitsu Technology Solutions, and HGST Inc., have introduced innovative PCIe SSD solutions to cater to the growing demand.

Key Takeaways:

  • The global PCIe SSD market is expected to reach 10.3 million units by 2020, growing at a CAGR of 84.3% from 2014 to 2020.
  • High IOPS (Input/Output Operations Per Second) requirements drive growth for PCIe SSD in enterprise storage segments, while big data and cloud computing infrastructures benefit the market.
  • Advances in NVMe (Non-Volatile Memory Express) specification and the introduction of the new 2.5-inch PCIe SSD form factor boost adoption.
  • Data tiering storage architecture enhances the adoption of SSD and PCIe SSD drives in enterprise applications.
  • Samsung and Intel are among the top players introducing innovative PCIe SSD solutions in 3.2TB and 910 series, respectively.
  • Key partnerships and collaborations include Marvell and OCZ Technology Group's Z-Drive R5 PCIexpress Storage Solution and SanDisk and Virident Systems' partnership.

Statistics:

  • The global PCIe SSD market size is expected to reach 10.3 million units by 2020, growing at a CAGR of 84.3% from 2014 to 2020.
  • PCIe SSD market is expected to grow at a CAGR of 84.3% from 2014 to 2020, from 1.3 million units to 10.3 million.
  • Average selling price of PCIe SSD is expected to decline to $837.6 by 2020, from $1,419.2 in 2014.

Sources:

  • Research and Markets
  • "PCIe SSD - Global Strategic Business Report"
  • Globenewswire.com
  • http://globenewswire.com/news-release/2015/03/18/716287/0/en/Global-PCIe-SSD-Strategic-Business-Report-2015-Mega-Datacenter-Sprawl-Drives-Demand-for-PCIe-SSD.html