The Automotive Solid State Drive Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automotive Solid State Drive Market?
The market size for the Automotive Solid State Drive Global Market Report 2025 has experienced robust growth in the recent past. In terms of figures, the market size was at $2.01 billion in 2024 and is projected to increase to $2.21 billion in 2025, representing a compound annual growth rate (CAGR) of 9.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive Solid State Drive Industry?
By 2029, the market size for the automotive solid-state drive is projected to reach $3.20 billion, growing at a compound annual growth rate (CAGR) of 9.7%.
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What are the Key Growth Drivers Fueling the Automotive Solid State Drive Market?
The key drivers in the automotive solid state drive market are:
• Growing adoption of autonomous vehicles
• Increase in 5G-enabled vehicles
• Rising demand for AI-driven storage systems
• Higher use of smart dashboards and in-vehicle entertainment.
Global Market Segmentation: Identifying Major Automotive Solid State Drive Industry Segments
The automotive solid state drive market covered in this report is segmented –
1) By Type: 256 Gigabyte (GB), 500 Gigabyte (GB), 1 Terabyte (TB), Above 1 Terabyte (TB)
2) By Technology: Serial Advanced Technology Attachment (SATA), Peripheral Component Interconnect Express (PCIe), Other Technologies
3) By Vehicle Type: Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Passenger Cars
4) By Application: Infotainment Systems, Advanced Driver Assistance Systems (ADAS), Autonomous Driving System, Telematics
Subsegments:
1) By 256 Gigabyte (GB): Infotainment Systems Storage, Navigation Data Storage, Telematics And Connectivity Storage
2) By 500 Gigabyte (GB): Advanced Driver Assistance Systems (ADAS) Storage, In-Vehicle Entertainment Storage, Vehicle Data Logging
3) By 1 Terabyte (TB): High-Resolution Mapping And Autonomous Driving Data Storage, AI-Based Predictive Maintenance Storage, Event Data Recorder (EDR) Storage
4) By Above 1 Terabyte (TB): Full Autonomous Driving System Data Storage, Edge AI Processing Storage, Cloud-Connected Vehicle Data Backup
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What are the emerging Trends Shaping the Future of the Automotive Solid State Drive Market?
The key trends in the automotive solid state drive market are:
• The automotive solid-state drive market is being shaped by the advancements in NAND technology.
• The integration of AI-based storage solutions is emerging as a significant trend.
• Noteworthy advancements are being made in thermal management for these drives.
• The future of this market is largely influenced by developments in advanced memory technology.
Who Are the Top Competitors & Leading Players in the Automotive Solid State Drive Market?
Major players in the automotive solid state drive market are:
• Samsung Electronics Co. Ltd.
• Intel Corporation
• SK Hynix Inc.
• Micron Technology Inc.
• Toshiba Corporation
• Western Digital Corporation
• Seagate Technology PLC
• Phison Electronics Corporation
• Innodisk Corporation
• BIWIN Storage Technology
• Adata Technology Co. Ltd.
• Transcend Information Inc.
• Longsys Electronics Co.Ltd.
• Silicon Power Computer & Communications Inc.
• Netac Technology
• Plextor LLC
• Team Group Inc.
• Kioxia Corporation
• Exascend
• Viking Technology.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the automotive solid state drive market in 2024
