Enterprise Hard Drives and SSD are storage devices designed for application scenarios such as enterprise-level data centers, servers, and high-performance computing. Compared with consumer-grade hard drives, Enterprise Hard Drives and SSDs have higher requirements in terms of performance, reliability, and durability, and generally use higher-quality materials and more stringent production processes.
According to the new market research report “Enterprise Hard Drives and SSD- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Enterprise Hard Drives and SSD market size is projected to reach USD 40.94 billion by 2030, at a CAGR of 7.3% during the forecast period.
- Global Enterprise Hard Drives and SSD MarketSize(US$ Million), 2019 VS 2023 VS 2030
Source: QYResearch, "Enterprise Hard Drives and SSD- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drives:
As AI training becomes a high-energy-consuming application, energy efficiency is increasingly prioritized in storage products, making high-capacity QLC enterprise SSDs a sought-after solution for major AI clients.
The enterprise SSD market is expected to witness notable growth during the forecast period, owing to rise in penetration of high-end cloud computing in enterprises, globally.
Surge in adoption of data center application in enterprises drives the growth of the market. Moreover, rapid surge in utility of SSD over HDD in key industry verticals is expected to propel the market growth.
- Global Enterprise Hard Drives and SSD Top6Players Ranking and Market Share(Continually updated)
Source: QYResearch, "Enterprise Hard Drives and SSD- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Enterprise Hard Drives and SSD include Western Digital (WDC), Seagate Technology, Samsung, Toshiba (Kioxia), SK Group, Micron Technology Inc. etc. In 2023, the global top five players had a share approximately 89.0% in terms of revenue.
For Product Type, The enterprise SSD market is expected to witness notable growth during the forecast period, owing to rise in penetration of high-end cloud computing in enterprises, globally. Furthermore, surge in adoption of data center application in enterprises drives the growth of the market. Moreover, rapid surge in utility of SSD over HDD in key industry verticals is expected to propel the market growth. However, high cost associated with implementation of SSD solution acts as a key restraint of the market. On the contrary, surge in unstructured data with real-time analysis is expected to provide lucrative opportunity for growth of the enterprise SSD market.
For Application, as the digital landscape continues to evolve, small and medium-sized enterprises (SMEs) are increasingly recognising the importance of robust and reliable storage solutions. The demand for industrial-grade storage devices has surged, reflecting the critical role they play in ensuring data integrity, speed, and security.
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