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Global PCle SSD Market to Grow 33.24% by 2020 - Increase in Demand for Cloud-Based Data Centers - Research and Markets

DUBLIN, September 22, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global PCle SSD Market 2016-2020" report to their offering.

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The report forecast the global peripheral component interconnect express (PCIe) SSD market to grow at a CAGR of 33.24% during the period 2016-2020.

One of the key trends for market growth will be rise in investments in emerging memory technology. The 3D NAND flash memory market is a new market where manufacturers are investing a lot of capital. Some companies such as Samsung, Micron, and Intel have already invested to extend their product portfolios. Toshiba, in collaboration with SanDisk, is investing huge funds to develop 3D NAND. Samsung, SanDisk, and Toshiba, and Intel and Micron are likely to invest more than $18 billion in the manufacturing of 3D NAND during the forecast period. Intel has plans to invest up to $5.5 billion to manufacture flash memory in its China-based memory chip plant during the forecast period. Hence, increasing investments in 3D NAND technology will boost the global PCIe SSD market during the forecast period.

According to the report, need for managed service data centers will be a key driver for market growth. It is advantageous for an enterprise to operate a colocation facility rather than to build a data center. Data center colocation allows enterprises to rent computing storage, servers, and network. It enables minimal utilization of power and bandwidth and enhances the security of enterprise IT equipment.

Further, the report states that the lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency cannot be hidden. SSD latencies are usually for a couple of hundred microseconds. In certain cases, when access is interrupted by the device's internal tasks, SSD's latency can exceed tens of milliseconds or even to a few seconds. The situation is further complicated by the lack of coordination across an array of devices. This results in unpredictable performance of I/Os due to uncoordinated internal tasks.

Key vendors:

  • Intel
  • Micron
  • Samsung
  • Seagate
  • Western Digital
  • Toshiba

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Comparison between HDDs and SSDs

PART 06: Memory technology landscape

PART 07: Market landscape

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Market snapshot

PART 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/vrsk6p/global_pcle_ssd

Media Contact:

Research and Markets

Laura Wood, Senior Manager

[email protected]

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-pcle-ssd-market-to-grow-3324-by-2020---increase-in-demand-for-cloud-based-data-centers---research-and-markets-300332762.html

SOURCE Research and Markets

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