target audience: TECH SUPPLIER Publication date: Apr 2023 - Document type: Market Forecast - Doc Document number: # US49401623
Worldwide Solid State Drive Forecast, 2023–2027
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Abstract
This IDC study presents an updated outlook for the solid state drive (SSD) market for the 2023–2027 period. SSD industry dynamics and the end-device forecast changes are aggregated, analyzed, and applied to IDC's long-term SSD forecast in terms of units, revenue, and petabytes for each consumption category (client, enterprise, and commercial).
"SSD suppliers face significant challenges in the near term as macroeconomic headwinds, slower demand, and aggressive pricing have negatively impacted the near-term outlook," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies, IDC. "Yet long-term secular trends continue to be favorable for SSD adoption, and that will help SSD capacity to grow at a 30% CAGR from 2022 to 2027."