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Dec 2017 - Market Forecast - Doc # US42011017

Worldwide Solid State Drive Forecast Update, 2017–2021

By: Jeff JanukowiczResearch Vice President, Solid State Drives and Enabling Technologies

Abstract

This IDC study presents an updated outlook at the SSD market through 2021. The SSD industry dynamics associated with 2017 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 of SSDs (client, enterprise, and commercial).

"SSD industry revenue is projected to increase by 51% YoY in 2017, thanks to strong demand and favorable SSD pricing for the SSD suppliers," said Jeff Janukowicz, research vice president for Solid State Drives and Enabling Technologies. "SSDs are a key technology enabler in the digital transformation across businesses, and accelerating use of SSDs in enterprise and client systems will lead to worldwide SSD revenue growing at a 2016–2021 CAGR of 14.8%."


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