SSD Controllers Global Market Sees Growth Rate Of 15% Through 2022

The global SSD controllers market size is expected to grow from $19.45 billion in 2021 to $22.35 billion in 2022 at a compound annual growth rate (CAGR) of 15.0%. The global SSD controller market size is expected to grow to $33.65 billion in 2026 at a CAGR of 10.8%.

What is the Global SSD Controllers Market?

The SSD controller market consists of sales of SSD controller products and related services by entities (organizations, sole traders, and partnerships) that include electronic devices that link flash memory components to host SSD input or output interfaces or computers. Using an SSD controller, the integrated CPU delivers outstanding performance while requiring minimal power. SSD controllers are electrical components that are also included within a single integrated circuit (IC). SSD controller embedded processors employ microcontrollers with 16 or 32 bits.

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What drives the Global SSD Controllers Market?

The increasing demand for cloud-based data centers is expected to propel the growth of the SSD controllers market. A cloud data center relocates a typical on-premise data center to a different location. An enterprise rents infrastructure maintained by a third-party partner and accesses data center resources through the Internet rather than maintaining their infrastructure. Increasing demand for data centers leads to the need for data storage, resulting in the demand for SSD controllers. For example, in October 2021, Amazon Web Services (AWS) spent $35 billion on cloud computing infrastructure in Northern Virginia, highlighting the huge impact data centers can have on regional economies. According to the United States International Trade Commission (USITC), as of January 2021, there were around 8,000 data centers in the world. The United States (33% of the total), the United Kingdom (5.7%), Germany (5.5%), China (5.2%), Canada (3.3%), and the Netherlands (3.4%) are the nations with the most data centers. Therefore, the increasing demand for cloud-based data centers is driving the SSD controllers market.

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Global SSD Controllers Market Segments
The global SSD controllers market is segmented:
By Type: Single Level Cell, Multi-Level Cell, Triple Level Cell
By Storage: SATA, SAS, PCIe
By End-User: Enterprise, Automotive, Industrial, Others
By Geography: The regions covered in the SSD controllers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

SSD Controllers Global Market Report 2022provides market size and growth forecasts for the global SSD controllers market, global SSD controllers market share, SSD controllers market segments and geographies, SSD controllers market competitive landscape including leading competitors’ revenues, profiles and market shares. The SSD controllers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global SSD Controllers Industry Playersinclude Marvell Technology Group (UK), Samsung (South Korea), Intel (US), Toshiba (Japan), Western Digital (US), Micron Technology Inc. (US), NetApp (US), IBM (US), Phison Electronics Corporation (Taiwan), Silicon Motion Technology Corporation (Taiwan), SandForce (US), Fusion-Io Inc., Seagate, Microsemi, Mushkin, Lexar Media, G.Skill, Violin Memory, Corsair Components, and Best IT World (India) Pvt. Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.