Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by StorageNewsletter.com on 2017.10.10
Source URL: https://www.storagenewsletter.com/2017/10/10/ww-ssd-market-to-increase-by-cagr-of-14-4-through-2022-bcc-research/
The SSD market is expected to increase by a CAGR of 14.4% through 2022, with the largest market being North and South America.
The total market is forecast to reach $52.5 billion by 2022 from $26.8 billion in 2017, with the largest segment and most growth coming from SSDs with more than 1TB of storage, according to the report Solid-state Drives Technology: Global Market Analysis ($3,950,103 pages), by BCC Research.
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Research Highlights
• SSDs with storage of less than 250GB will grow at a comparatively modest 9.6% through 2022, when the global market value is projected to reach $6 billion. By comparison, SSDs with more than 1TB of storage will grow by 16.9% over the same period.
• Annual growth in the Americas should average 18.2% between 2017 and 2022. Growth will be more modest, although still strong, in the AsiaPac and EMEA regions.
• SSD adoption in notebooks alone is forecast to grow at a CAGR of 24.5% between 2016 and 2020
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About Calsoft
Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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