TECH SUPPLIER Dec 2019 - Market Forecast - Doc # US44492119

Worldwide Solid State Drive Forecast Update, 2019–2023

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

Abstract

This IDC study presents an updated outlook at the solid state drive market for the 2019–2023 period.

"2019 has proved to be a challenging year for the SSD industry to navigate and to find balance between supply and demand," said Jeff Janukowicz, research vice president for Solid State Drives and Enabling Technologies at IDC. "However, price demand elasticity and secular trend remain intact for SSDs in client devices and for enterprise datacenter solutions, and as a result, IDC increased its outlook and expects worldwide SSD industry revenue to grow at a 2018–2023 CAGR of 10.7%."


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