Industrial SSD Market Size Worth $XX Billion By 2030: IndustryARC
Research Reports
Oct 06, 2023
Industrial SSD Market size is predicted to reach $55 billion by 2030, growing at a CAGR of 12.8% during the forecast period 2023-2030. A solid-state drive is a solid-state storage device that uses integrated circuit assemblies as memory to store data persistently. Solid-state drives outperform HDDs in terms of efficiency, reliability, and durability which is driving the demand for Industrial SSD Market. The proliferation of high-end cloud computing and the increase in data storage demand are driving up demand for SSDs from data centers. Huge amounts of data are produced every day and must be available for a number of applications. Additionally, SSDs are mostly utilized in commercial and industrial applications, while they may also be found in some high-end laptops and portable workstations to increase performance and reliability. According to Web Tribunal, Apple recorded a 28% increase in desktop and laptop shipments in 2021. Industrial SSDs can help laptops in ways including faster data access, better system responsiveness, and increased durability thereby growing demand for SSDs in industrial applications for data storage such as data centers, manufacturing and automation etc. which is anticipated to propel the Industrial SSD Market during the forecast period, finds IndustryARC in its recent report, titled “Industrial SSD Market Size, Share & Trends Analysis Report By Interface, (SATA, SAS, PCIe, NVMe, Others), By Capacity, (