South America 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 SAM solid state drives (SSD) market is expected to grow from US$ 2,438.63 million in 2022 to US$ 4,450.27 million by 2029; it is estimated to grow at a CAGR of 9.0% from 2022 to 2029.
Cloud computing is rapidly becoming one of the most popular methods for businesses and individuals to back up and preserve their data. With the growing variety of cloud platforms—from classic corporate private and new public clouds to personal clouds in homes—the need for SSDs has been constantly expanding. SSDs featuring new interfaces such as PCIe, NVMe, and others have emerged as a result of technological improvements in solid state storage. PCIe SSDs for cloud computing is becoming more popular due to improved capabilities such as high speed and quick data access. New PCIe SSDs provide excellent performance with low latency and high frequency. A solid-state drive with these capabilities is necessary for a variety of sophisticated activities in data-sensitive businesses like financial services, medical sciences, and energy management, where each microsecond of latency results in a significant revenue loss. Solid-state drives, or SSDs as they are more frequently known, are storage devices that rely on memory. Traditional hard disc drives differ from SSDs in that they lack magnetic storage and, more significantly, moving parts. Hard drives are constantly in use in environments like cloud storage, where data is read at a fast pace, making them more susceptible to failure. Several big firms manage their cloud platforms and respond to the increased demand for SSDs among their clients. For example, Google employs permanent SSD storage for compute engine users in open beta, delivering high-input/output operations per second (IOPS) and allowing Google cloud platform customers to use SSDs faster on workloads. In comparison to standard magnetic media, these activities allow faster input/output (I/O) delivery and are less redundant. Facebook Inc. employs PCIe flash cards instead of hard drives for its MySQL databases to take advantage of FusionIO's logging system, which preserves data in the event of a power outage. When compared to HDD storage, this has resulted in a 50 percent reduction in latency and a 33 percent increase in throughput. SSDs aid in the reduction of infrastructure costs and the improvement of response times. So, increasing penetration of high-end cloud computing is expected to fuel the SAM market growth.The COVID-19 pandemic has led to the shutdown of all economic activities across South America. With the discontinuation of industrial activities across major countries in the region, such as Brazil and Argentina, amongst is thereby affecting has positively created the demand for SSDs. The rise in demand for gaming and PC applications has also been contributing to the growth of the SAM solid state drives (SSD) market. Moreover, work from home and remote monitoring strategies also helped boost the sale of electronics products such as laptops. Further, with the rise in demand for the communicational purpose, the importance of the IT and telecommunications sector has also increased in the last two years. Thus, the widespread adoption of work from home practices has further nurtured the growth of data centers among enterprises, thereby propelling the adoption of SSDs.
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 SAM solid state drives (SSD) market. The SAM solid state drives (SSD) market is expected to grow at a good CAGR during the forecast period.
SAM Solid State Drives (SSD) Market Revenue and Forecast to 2029 (US$ Million)
SAM Solid State Drives (SSD) Market Segmentation
SAM Solid State Drives (SSD) Market – By Type
- Internal
- External
SAM Solid State Drives (SSD) Market – By Technology
- Single Level Cell
- Multi-Level Cell
- Triple Level Cell
SAM Solid State Drives (SSD) Market – By Storage
- Under 500 GB
- 500 GB – 1TB
- 1TB – 2 TB
- Above 2 TB
SAM Solid State Drives (SSD) Market – By End-User
- Industrial
- Enterprise
- Consumer
SAM Solid State Drives (SSD) Market, by Country
- Brazil
- Argentina
- Chile
- Rest of SAM
SAM 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. SAM SSD Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM SSD Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Penetration of High-End Cloud Computing
5.1.2 Growing 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 Innovations in Critical SSD Components
5.5 Impact Analysis of Drivers and Restraints
6. SSD Market – SAM Analysis
6.1 SAM SSD Market Overview
6.2 SAM SSD Market –Revenue and Forecast to 2029 (US$ Million)
7. SAM SSD Market Analysis – By Type
7.1 Overview
7.2 SAM 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. SAM SSD Market Analysis – By Technology
8.1 Overview
8.2 SAM 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. SAM SSD Market Analysis – By Storage
9.1 Overview
9.2 SAM 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. SAM SSD Market Analysis – By End-User
10.1 Overview
10.2 SAM 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. SAM SSD Market – Country Analysis
11.1 Overview
11.1.1 SAM: Solid State Drives Market, By Country
11.1.2 SAM Solid State Drives Market, by Country – Revenue and Forecast to 2029 (USD Million)
11.1.2.1 Brazil: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.1.1 Brazil: Solid State Drives Market, By Type
11.1.2.1.2 Brazil: Solid State Drives Market, By Technology
11.1.2.1.3 Brazil: Solid State Drives Market, By Storage
11.1.2.1.4 Brazil: Solid State Drives Market, By End-User
11.1.2.2 Argentina: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.2.1 Argentina: Solid State Drives Market, By Type
11.1.2.2.2 Argentina: Solid State Drives Market, By Technology
11.1.2.2.3 Argentina: Solid State Drives Market, By Storage
11.1.2.2.4 Argentina: Solid State Drives Market, By End-User
11.1.2.3 Chile: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.3.1 Chile: Solid State Drives Market, By Type
11.1.2.3.2 Chile: Solid State Drives Market, By Technology
11.1.2.3.3 Chile: Solid State Drives Market, By Storage
11.1.2.3.4 Chile: Solid State Drives Market, By End-User
11.1.2.4 Rest of SAM: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
11.1.2.4.1 Rest of SAM: Solid State Drives Market, By Type
11.1.2.4.2 Rest of SAM: Solid State Drives Market, By Technology
11.1.2.4.3 Rest of SAM: Solid State Drives Market, By Storage
11.1.2.4.4 Rest of SAM: Solid State Drives Market, By End-User
12. SAM SSD Market- COVID-19 Impact Analysis
12.1 SAM 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. SAM SSD Market – Revenue, and Forecast to 2029 (US$ Million)
Table 2. Brazil: Solid State Drives Market, By Type – Revenue and Forecast to 2029 (US$ Million)
Table 3. Brazil: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 4. Brazil: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 5. Brazil: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 6. Argentina: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)
Table 7. Argentina: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 8. Argentina: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 9. Argentina: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 10. Chile: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)
Table 11. Chile: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 12. Chile: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 13. Chile: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 14. Rest of SAM: Solid State Drives Market, By Types – Revenue and Forecast to 2029 (US$ Million)
Table 15. Rest of SAM: Solid State Drives Market, By Technology – Revenue and Forecast to 2029 (US$ Million)
Table 16. Rest of SAM: Solid State Drives Market, By Storage – Revenue and Forecast to 2029 (US$ Million)
Table 17. Rest of SAM: Solid State Drives Market, By End-User – Revenue and Forecast to 2029 (US$ Million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM SSD Market Segmentation
Figure 2. SAM SSD Market Segmentation – By Country
Figure 3. SAM 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. Brazil Held the Largest Market Share in 2020
Figure 7. SAM – PEST Analysis
Figure 8. SAM SSD Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. SAM SSD Market Impact Analysis of Drivers and Restraints
Figure 11. SAM SSD Market – Revenue and Forecast to 2029 (US$ Million)
Figure 12. SAM SSD Market Revenue Share, By Type (2021 and 2029)
Figure 13. SAM External: SSD Market Revenue and Forecast to 2029 (US$ million)
Figure 14. SAM Internal: SSD Market Revenue and Forecast to 2029 (US$ million)
Figure 15. SAM SSD Market Revenue Share, by Technology (2021 and 2029)
Figure 16. SAM SLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 17. SAM MLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 18. SAM TLC: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 19. SAM SSD Market Revenue Share, by Storage (2021 and 2029)
Figure 20. SAM Under 500 GB: SSD Market – Revenue and Forecast to 2029 (US$ million)
Figure 21. SAM 500 GB - 1 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 22. SAM 1 TB - 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 23. SAM Above 2 TB: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 24. SAM SSD Market Revenue Share, by End-User (2021 and 2029)
Figure 25. SAM Industrial: SSD Market – Revenue and Forecast to 2029 (US$ million)
Figure 26. SAM Enterprise: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 27. SAM Consumer: SSD Market– Revenue and Forecast to 2029 (US$ million)
Figure 28. SAM: Solid State Drives Market Revenue Overview, by Country (2021) (US$ Mn)
Figure 29. SAM: Solid State Drives Market Revenue Share, By Country (2021 and 2029)
Figure 30. Brazil: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 31. Argentina: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 32. Chile: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 33. Rest of SAM: Solid State Drives Market – Revenue and Forecast to 2029 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in SAM 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 SAM 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 SAM 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 SAM 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