Middle East and Africa Solid State Drives (SSD) Market Forecast to 2029 - COVID-19 Impact and Regional Analysis By Type (Internal and External), Technology (Single Level Cell, Multi-Level Cell, and Triple Level Cell), Storage (Under 500 GB, 500 GB - 1TB, 1TB - 2 TB, and Above 2 TB), and End-User (Industrial, Enterprise, and Consumer)
The MEA solid state drives (SSD) market is expected to grow from US$ 2,478.76 million in 2022 to US$ 5,455.16 million by 2029; it is estimated to grow at a CAGR of 11.9% from 2022 to 2029.
Hard disc drives (HDDs) have been the standard storage technology for decades, on both personal computers and servers. Solid-state drives (SSDs) have been increasingly popular in recent years, and for good reason. SSDs have a number of advantages over traditional storage media that have propelled them to the forefront of the storage business. And the pace of innovation shows no signs of slowing down. When SSDs originally came out, they were limited by the SATA protocol, which prohibited them from reaching their full potential. The PCIe interface followed, which was created specifically for connecting high-speed components such as graphics cards and SSDs. The usage of non-volatile memory host controller interface specification is the most recent trend in PCIe SSDs (NVMe). NVMe is a high-speed storage communications standard that runs on top of PCIe. It allows SSDs to be fully utilized by hardware and new generations of compute-intensive applications. The BGA (Ball Grid Array) SSD, which is nearly 100 times smaller than a 2.5" SSD, is one of the most important developments in the SSD form factor. The BGA devices, which are the size of a stamp, are soldered directly to the motherboard. BGA devices, in fact, leverage their small size to compensate for the fact that they can't be removed, which means they can't be upgraded in the future. Because of their compact size, they are perfect for ultra-portable devices where space is limited. They're also seen in the category of gadgets when upgradeability isn't as important as the device's physical characteristics. In addition, BGA SSDs are lightning-fast. In the near future, NVMe will continue to increase its reach and will soon become the dominant storage interface, which will drive the MEA market in coming years.
In case of COVID-19, MEA is highly affected especially South Africa. With the COVID-19 pandemic spreading through the countries mentioned above, it is becoming clear that few can escape its impact, presenting major challenges for all sectors. The industrial industry across the Middle East has been severely impacted due to the outbreak of the pandemic at the starting of the year 2020. On the contrary, in October 2021, telco Du opened two data centers in the UAE. The new facilities are established at the Dubai Silicon Oasis free trade zones and Khalifa Industrial Zone in Abu Dhabi. Opening of new data centers amid pandemic situation will help in boosting the growth of solid state drive market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA solid state drives (SSD) market. The MEA solid state drives (SSD) market is expected to grow at a good CAGR during the forecast period.
MEA Solid State Drives (SSD) Market Revenue and Forecast to 2029 (US$ Million)
MEA Solid State Drives (SSD) Market Segmentation
MEA Solid State Drives (SSD) Market – By Type
- Internal
- External
MEA Solid State Drives (SSD) Market – By Technology
- Single Level Cell
- Multi-Level Cell
- Triple Level Cell
MEA Solid State Drives (SSD) Market – By Storage
- Under 500 GB
- 500 GB – 1TB
- 1TB – 2 TB
- Above 2 TB
MEA Solid State Drives (SSD) Market – By End-User
- Industrial
- Enterprise
- Consumer
MEA Solid State Drives (SSD) Market, by Country
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Rest of MEA
MEA Solid State Drives (SSD) Market - Companies Mentioned
- G.SKILL International Enterprise Co., Ltd.
- Hangzhou Hikstorage Technology Co., Limited
- Kingston Technology Europe Co LLP
- Micron Technology, Inc.
- Microsemi Corporation
- Samsung Group
- Seagate Technology LLC
- Silicon Power Computer & Communications Inc.
- Western Digital Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA SSD Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA SSD Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Penetration of High-End Cloud Computing
5.1.2 Escalating Adoption in Data Center Applications
5.2 Market Restraints
5.2.1 High Cost & Small Life Span of SSDs
5.3 Market Opportunities
5.3.1 Relational Analytics Using Smart SSDs
5.4 Future Trends
5.4.1 Rising Innovations in Critical SSD Components
5.5 Impact Analysis of Drivers and Restraints
6. SSD Market – MEA Analysis
6.1 MEA SSD Market Overview
6.2 MEA SSD Market –Revenue and Forecast to 2029 (US$ Million)
7. MEA SSD Market Analysis – By Type
7.1 Overview
7.2 MEA SSD Market Breakdown, By Type, 2021 and 2029
7.3 External
7.3.1 Overview
7.3.2 External: SSD Market Revenue and Forecast to 2029 (US$ million)
7.4 Internal
7.4.1 Overview
7.4.2 Internal: SSD Market Revenue and Forecast to 2029 (US$ million)
8. MEA SSD Market Analysis – By Technology
8.1 Overview
8.2 MEA SSD Market, by Technology (2021 and 2029)
8.3 Single Level Cell (SLC)
8.3.1 Overview
8.3.2 SLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
8.4 MLC
8.4.1 Overview
8.4.2 MLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
8.5 Triple Layer Cell (TLC)
8.5.1 Overview
8.5.2 TLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
9. MEA SSD Market Analysis – By Storage
9.1 Overview
9.2 MEA SSD Market, by Storage (2021 and 2029)
9.3 Under 500 GB
9.3.1 Overview
9.3.2 Under 500 GB: SSD Market– Revenue and Forecast to 2029 (US$ million)
9.4 GB - 1 TB
9.4.1 Overview
9.4.2 GB - 1 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
9.5 1 TB - 2 TB
9.5.1 Overview
9.5.2 1 TB - 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
9.6 Above 2 TB
9.6.1 Overview
9.6.2 Above 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
10. MEA SSD Market Analysis – By End-User
10.1 Overview
10.2 MEA SSD Market, by End-User (2021 and 2029)
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: SSD Market– Revenue and Forecast to 2029 (US$ million)
10.4 Enterprise
10.4.1 Overview
10.4.2 Enterprise: SSD Market– Revenue and Forecast to 2029 (US$ million)
10.5 Consumer
10.5.1 Overview
10.5.2 Consumer: SSD Market– Revenue and Forecast to 2029 (US$ million)
11. MEA SSD Market – Country Analysis
11.1 Overview
11.1.1 MEA: Solid State Drives Market, By Country
11.1.2 MEA Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)
11.1.2.1 South Africa: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.1.1 South Africa: Solid State Drives Market, By Type
11.1.2.1.2 South Africa: Solid State Drives Market, By Technology
11.1.2.1.3 South Africa: Solid State Drives Market, By Storage
11.1.2.1.4 South Africa: Solid State Drives Market, By End-User
11.1.2.2 Saudi Arabia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.2.1 Saudi Arabia: Solid State Drives Market, By Type
11.1.2.2.2 Saudi Arabia: Solid State Drives Market, By Technology
11.1.2.2.3 Saudi Arabia: Solid State Drives Market, By Storage
11.1.2.2.4 Saudi Arabia: Solid State Drives Market, By End-User
11.1.2.3 UAE: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.3.1 UAE: Solid State Drives Market, By Type
11.1.2.3.2 UAE: Solid State Drives Market, By Technology
11.1.2.3.3 UAE: Solid State Drives Market, By Storage
11.1.2.3.4 UAE: Solid State Drives Market, By End-User
11.1.2.4 Turkey: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.4.1 Turkey: Solid State Drives Market, By Type
11.1.2.4.2 Turkey: Solid State Drives Market, By Technology
11.1.2.4.3 Turkey: Solid State Drives Market, By Storage
11.1.2.4.4 Turkey: Solid State Drives Market, By End-User
11.1.2.5 Rest of MEA: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.5.1 Rest of MEA: Solid State Drives Market, By Type
11.1.2.5.2 Rest of MEA: Solid State Drives Market, By Technology
11.1.2.5.3 Rest of MEA: Solid State Drives Market, By Storage
11.1.2.5.4 Rest of MEA: Solid State Drives Market, By End-User
12. MEA SSD Market- COVID-19 Impact Analysis
12.1 MEA: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Merger and Acquisition
13.3 New Development
14. Company Profiles
14.1 Kingston Technology Europe Co LLP
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Micron Technology, Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Microsemi Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Samsung Group
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 G.SKILL International Enterprise Co., Ltd.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Silicon Power Computer & Communications Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Hangzhou Hikstorage Technology Co., Limited
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Western Digital Corporation
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Seagate Technology LLC
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About the Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. MEA SSD Market – Revenue, and Forecast to 2029 (US$ Million)
Table 2. South Africa: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)
Table 3. South Africa: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 4. South Africa: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 5. South Africa: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 6. Saudi Arabia: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)
Table 7. Saudi Arabia: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 8. Saudi Arabia: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 9. Saudi Arabia: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 10. UAE: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)
Table 11. UAE: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 12. UAE: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 13. UAE: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 14. Turkey: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)
Table 15. Turkey: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 16. Turkey: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 17. Turkey: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 18. Rest of MEA: Solid State Drives Market, By Type– Revenue and Forecast to 2029 (US$ Million)
Table 19. Rest of MEA: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 20. Rest of MEA: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 21. Rest of MEA: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA SSD Market Segmentation
Figure 2. MEA SSD Market Segmentation – By Country
Figure 3. MEA SSD Market Overview
Figure 4. Internal Segment Held the Largest Market Share in 2021
Figure 5. Single Level Cell Segment Held the Largest Market Share in 2021
Figure 6. Turkey Held the Largest Market Share in 2021
Figure 7. MEA – PEST Analysis
Figure 8. MEA SSD Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. MEA SSD Market Impact Analysis of Drivers and Restraints
Figure 11. MEA SSD Market – Revenue and Forecast to 2029 (US$ Million)
Figure 12. MEA SSD Market Revenue Share, By Type (2021 and 2029)
Figure 13. MEA External: SSD Market Revenue and Forecast to 2029 (US$ million)
Figure 14. MEA Internal: SSD Market Revenue and Forecast to 2029 (US$ million)
Figure 15. MEA SSD Market Revenue Share, by Technology (2021 and 2029)
Figure 16. MEA SLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 17. MEA MLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 18. MEA TLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 19. MEA SSD Market Revenue Share, by Storage (2021 and 2029)
Figure 20. MEA Under 500 GB: SSD Market – Revenue and Forecast to 2029 (US$ million)
Figure 21. MEA 500 GB - 1 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 22. MEA 1 TB - 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 23. MEA Above 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 24. MEA SSD Market Revenue Share, by End-User (2021 and 2029)
Figure 25. MEA Industrial: SSD Market – Revenue and Forecast to 2029 (US$ million)
Figure 26. MEA Enterprise: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 27. MEA Consumer: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 28. MEA: Solid State Drives Market Revenue Overview, by Country (2021) (US$ Mn)
Figure 29. MEA: Solid State Drives Market Revenue Share, By Country (2021 and 2029)
Figure 30. South Africa: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 31. Saudi Arabia: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 32. UAE: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 33. Turkey: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 34. Rest of MEA: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic in MEA Country Markets
- G.SKILL International Enterprise Co., Ltd.
- Hangzhou Hikstorage Technology Co., Limited
- Kingston Technology Europe Co LLP
- Micron Technology, Inc.
- Microsemi Corporation
- Samsung Group
- Seagate Technology LLC
- Silicon Power Computer & Communications Inc.
- Western Digital Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA solid state drives (SSD) market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA solid state drives (SSD) market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the solid state drives (SSD) market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution