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WW SSD Market Will Grow at 70% CAGR Through 2012
This is a Press Release edited by StorageNewsletter.com on Wed, June 25th, 2008
IDC predicts
Future market trends related to price per gigabyte, performance, power, and reliability requirements align well with the benefits that SSDs provide in certain market segments, such as in the PC, ultra low-cost PC (ULCPC), and enterprise computing segments, and this is where IDC expects adoption to occur. For instance, as NAND flash pricing continues to decline, SSD price points will follow. This increasing affordability will continue to feed device OEM interest in using SSDs in their designs, especially those segments where storage and environmental requirements play to the strengths of SSDs.
"The future for SSDs continues to look bright," said Jeff Janukowicz, research manager for Hard Disk Drive Components and Solid State Disk Drives. "Adoption will be measured and deliberate, focusing first on market segments that can tolerate the premium associated with SSDs (e.g., enterprise storage, high-end PCs, and power users). Nevertheless, IDC sees nothing but increasing opportunities for SSDs as technology advances and requirements converge."
IDC's study, Worldwide Solid State Drive 2007-2012 Forecast and Analysis: Entering the No-Spin Zone (Doc #212736), examines the market and opportunities for SSDs in terms of units, exit factory revenue, and terabytes shipped through 2012. Various metrics, significant trends, and industry dynamics are also analyzed in an attempt to give the reader a solid understanding of the current situation and future outlook for the worldwide SSD market.
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