Enterprise SSD Market to Approach $4 Billion in Revenues by 2015
17-fold increase over 2009, predicts Objective Analysis
This is a Press Release edited by StorageNewsletter.com on April 29, 2010 at 3:04 pmThe stunning growth of Solid State Drives in enterprise servers and storage systems is only going to get stronger. That’s the key finding of a new study: Enterprise SSDs: Technologies & Markets ($5,000) introduced by Objective Analysis.
"Solid State Drives (SSDs) have already enjoyed explosive growth in the enterprise, and this growth will continue through 2015," said SSD analyst Jim Handy, the report’s author. "IT managers have found that they can significantly reduce their IT spend while increasing throughput by replacing enterprise Hard Disk Drives (HDDs) with a technology that initially appears to be much more costly."
Aimed at would-be SSD users as well as SSD and HDD manufacturers, OEMs, flash chip makers, and investors in these businesses, this report represents a collection of technology, market dynamics, and forecasts in an easy-to-understand format to provide a comprehensive view of the workings of the enterprise SSD, its applications, and its market dynamics.
Objective Analysis finds that the enterprise SSD market is likely to approach $4 billion in revenues by 2015, nearly seventeen times that of 2009, while unit shipments will increase by fifty times during that period to over 4 million units.
This 104-page report is an update of Objective Analysis’ prior cornerstone enterprise SSD report. The new report reviews the enterprise SSD market, explaining the reasons that OEMs and their customers are starting to choose enterprise SSDs over more conventional alternatives like RAID systems of enterprise HDDs. The report details the various alternatives available to the enterprise data center, giving each alternative’s strengths and weaknesses, and explains how SSDs are being added to all categories of enterprise computing systems ranging from on-line transaction processing to scientific supercomputing centers.
In this study, Objective Analysis explains how SSDs reduce storage system hardware requirements to yield cost, power, and space benefits while improving system throughput. Forecasts for each of 22 key enterprise applications give consumption patterns for each, and are rolled up into a consolidated bottom-up forecast for the entire enterprise SSD market. This is compared to a top-down unit shipment and revenue forecast that models the impact of SSDs on the HDD business, and is further broken out to show unit shipments by interface type.