North America Solid State Drive (SSD) Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the  North America Solid State Drive (SSD) Market

North America Solid State Drive (SSD) Market has witnessed many developments in recent years, the Serial Advanced Technology Attachment (SATA) interface arrangement is the most widely used solid-state drive interface which usually has a form factor of 2.5 inches and uses a SATA cord to connect with the circuit board. These are primarily used in business laptops and mid-priced desktop computers. Samsung claimed that it's Evo plus solid-state drive saves 15% in terms of cost.

Mergers and Acquisition

• Intel Corporation acquired SK Hynix Inc on April 15, 2021.

North America Solid State Drive (SSD) Market Synopsis

North America SSD market has registered tremendous growth over the last few years due to an increased demand for storage capacity, and fast and convenient data storage options. Moreover, the North America region has witnessed a large amount of digital data generation resulting in a surge in demand for SSD drives. Rising needs for storage options in mobile phones, tablets, personal computer systems, and laptops are further anticipated to generate demand for the SSD market.

According to 6wresearch, the North America SSD Market size is anticipated to record high growth in the forecast period 2019-2025. The client SSDs are expected to dominate the market. Increased demand for the product in various digitalized systems, increase in the internet usage capacity, and solutions for quick storage systems are triggering market demand for the product from the client-based segment.

The United States accounted for a major share of market demand due to growing digital data in the country resulting in a surge in demand for storage options. Additionally, Canada is expected to witness high growth in demand for the product as compared to its other country counterparts.

A major part of the market revenue is observed to be generated from the more than 1 TB storage capacity segment. As the strong use of social media is rising amongst households, products offering more storage capacities are in high demand in the region.

The North America SSD market report thoroughly covers the market by product types, applications, storage capacity, storage interface, end-users, and regions including the United States, Canada, and the rest of North America. The SSD market outlook report provides an unbiased and detailed analysis of the ongoing North America SSD market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The North America solid states drive market is anticipated to register sound revenues in the coming years on the back of an increase in the durability and faster data access features of solid-state drives. Solid-state drives tend to make the PC more durable and an excellent work-performing asset and are gaining traction across the North America region. Further, the rising adoption of PCs in commercial buildings along with the progressive success of the software industry is anticipated to proliferate sound revenues for the North America solid-state drive market in the coming years and would assist a promising growth of the market in the future. 

Key Highlights of the Report:

• North America SSD Market Overview
• North America SSD Market Outlook
• North America SSD Market Forecast
• Historical Data of SSD Market Revenues for the Period 2015-2018
• North America SSD Market Size and North America SSD Market Forecast of Revenues, Until 2025
• Historical Data of North America SSD Market Revenues, by Product Type, for the Period 2015-2018
• Market Size & Forecast of North America SSD Market Revenues, by Product Type, until 2025
• Historical Data of North America SSD Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of North America SSD Market Revenues, By Applications, until 2025
• Historical Data of North America SSD Market Revenues, by End User, for the Period 2015-2018
• Market Size & Forecast of North America SSD Market Revenues, by End User, until 2025
• Historical Data of North America SSD Market Revenues, by Storage Interface, for the Period 2015-2018
• Market Size & Forecast of North America SSD Market Revenues, by Storage Interface, until 2025
• Historical Data of North America SSD Market Revenues, by Storage Capacity, for the Period 2015-2018
• Market Size & Forecast of North America SSD Market Revenues, by Storage Capacity, until 2025
• Historical Data of United States SSD Market Revenues, for the Period 2015-2018
• Market Size & Forecast of United States SSD Market Revenues, until 2025
• Historical Data of Canada SSD Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Canada SSD Market Revenues, until 2025
• Market Drivers and Restraints
• North America SSD Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America SSD Market Share, By Regions
• North America SSD Market Share, By Players
• North America SSD Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The North America SSD market report provides a detailed analysis of the following market segments:

By Product Types:

• TLC
• MLC
• SLC
• Others

By Storage Capacities:

• Less than 250 GB
• 250 GB- 500 GB
• 500 GB- 1 TB
• More than 1 TB

By Storage Interface:

• SATA
• SAS
• PCIe

By End Users:

• Enterprise SSDs
• Client SSDs
• Others

By Applications:

• Personal Computer
• Laptops
• Data Centers
• Others

By Key Countries:

• U.S
• Canada
• Rest of North America

North America Solid State Drive (SSD) Market: FAQs