The SSD Controllers Global Market Report 2023 by The Business Research Company, provides ssd controllers market overview 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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According to The Business Research Company’s SSD Controllers Global Market Report 2023, the market size grew 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%
The increasing demand for cloud-based data centers is expected to propel the growth of the SSD controllers market. A cloud data center relocates a typical on-premise data center to a different location. An enterprise rents infrastructure maintained by a third-party partner and accesses data center resources through the Internet rather than maintaining its infrastructure. Increasing demand for data centers leads to the need for data storage, resulting in the demand for SSD controllers.
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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
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 report table of contents includes:
1. Executive Summary
2. SSD Controllers Market Characteristics
3. SSD Controllers Market Trends And Strategies
4. SSD Controllers Market – Macro Economic Scenario
5. SSD Controllers Market Size And Growth
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26. Africa SSD Controllers Market
27. SSD Controllers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The SSD Controllers Market
29. SSD Controllers Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Marvell Technology Group (UK)
- Samsung (South Korea)
- Intel (US)
- Toshiba (Japan)
- Western Digital (US)
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