SSD Controller Market to Receive Overwhelming Hike in Revenues By 2030
Allied Market Research, titled, "SSD Controller Market by Form Factor, Interface, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030," the SSD controller market size was valued at $14.12 billion in 2020, and is projected to reach at $53.01 billion by 2030, growing at a CAGR of 14.4% from 2021 to 2030.๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/ssd-controller-market-A13790
A solid-state drive regulator is an implanted processor that executes firmware-level code. SSD regulator empowers superior and limits strong state drives intended to use in hyper-scale and endeavors server farms foundations. Further, solid-state drive controllers are intended to enable multi-level cell, triple-level cell, and single-level cell memories while offering best-in-class error alteration features and skills. Traditional SSD controllers operate within a single integrated circuit to surround the processor with ROM and RAM. Moreover, the emergence of Phison E12-based NVMe controller solutions across enterprise and client SSD is driving the market during the forecast period.
The surge in adoption of cloud computing technology in enterprises and the emergence of 3D NAND technology drive market growth. However, the high cost associated with the solid-state drive application is anticipated to restrain the SSD controller market share. Further, the surge in demand for cloud-based data centers and the rise in demand for public cloud storage solutions are expected to provide lucrative opportunities for the SSD controller industry during the forecast period.
According to the SSD controller market trends, the SATA segment was the highest contributor to the market in 2020. The TLS and MLC segments collectively accounted for around 88.9% market share in 2020. The surge in adoption of high-end cloud computing solutions in small & medium enterprises has led to the growth of the SATA segment, thereby enhancing the SSD controller market growth.
๐๐๐ญ ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.alliedmarketresearch.com/request-sample/A13790
The emergence of COVID-19 has significantly impacted the global SSD controller market growth. The delay caused by construction projects due to partial or complete lockdowns in various regions has significantly reduced the demand for SSD controllers during the pandemic. However, rise in demand for high-end cloud computing from prime enterprises, owing to the implementation of work-from-home policies by the governments of several countries, which, in turn, is anticipated to offer remunerative opportunities for the expansion of the SSD controller market analysis post-pandemic.
Region-wise, the SSD Controller market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Region-wise, North America holds a significant share in the global market size. The adoption of public cloud computing solutions is expected to propel the solid-state drive controller market in this region. Moreover, the presence of prime vendors paired with advanced technological solutions in North America is anticipated to boost the growth of the SSD controller market in this region.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A13790
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
- In 2020, the SATA segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 13.7% during the forecast period.
- The TLC and MLC segments together accounted for around 88.9% of the SSD controller market share in 2020.
- The enterprise segment is projected to grow at a CAGR of 13.0% during the forecast period.
- North America contributed the major share in the SSD controller market, accounting for more than 41.8% share in 2020.
The key players profiled in the report include ๐๐๐ซ๐ฏ๐๐ฅ๐ฅ ๐๐๐ฆ๐ฌ๐ฎ๐ง๐ , ๐๐จ๐ฌ๐ก๐ข๐๐, ๐๐๐ฌ๐ญ๐๐ซ๐ง ๐๐ข๐ ๐ข๐ญ๐๐ฅ, ๐๐ง๐ญ๐๐ฅ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐ข๐๐ซ๐จ๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐ข๐ง๐ ๐ฌ๐ญ๐จ๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐ ๐๐ฒ๐ง๐ข๐ฑ, ๐๐๐๐ฅ๐ญ๐๐ค ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐จ๐ซ๐ฉ., ๐๐ง๐ ๐๐๐๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐ง๐. Market players have adopted various strategies such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the SSD controller market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A13790
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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