IDC: Performance, Mobility Requirements to Boost Worldwide SSD Market to $5.4B in 2011
August 2, 2007 // Published as a news service by IHS
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Solid state drives (SSDs) are poised to go mainstream as advances in solid state memory technology and dipping price points drive worldwide SSD adoption, according to research from IDC.
Performance and mobility-related requirements will propel SSD revenues from $373 million in 2006 to $5.4 billion in 2011, a 71% compound annual growth rate (CAGR).
SSDs complement hard disk drives (HDDs), particularly in areas not well served by HDDs, IDC said.
"For many years, SSDs have sat on the fringe of the digital universe, but a tremendous opportunity is ahead for SSD storage," said Jeff Janukowicz, research manager, Solid State Drives.
"Today, SSDs are about delivering a premium solution. In the future, SSDs will be about delivering the right solution to the right market as technology advances and requirements converge," he said.
According to the IDC research, the PC market, which is transitioning from one dominated by desktop PC shipments to notebook PC shipments, presents the greatest opportunity for SSD demand.
Other findings from the IDC report include the following:
- Enterprise solutions focused on high input/output (I/O) performance, as well as extremely hostile work environments, will continue to be opportunities for SSD adoption.
- The maturation of the computer environment in conjunction with the emergence of more robust networks, online software services, hardware virtualization, more advanced computing power, and new hardware device form factors will provide opportunities for SSDs in a changing ecosystem.
- The decline in the cost of Not AND (NAND) flash memory will translate into lower price points for SSDs. These lower price points, coupled with increased SSD capacities, will make them competitive with HDDs in certain market segments, especially where capacity requirements are minimal.
- SSD OEMs will need to address concerns regarding read/write limitations and any associated reliability issues, especially for enterprise customers.
For more details about Worldwide Solid State Drive 2007-2011 Forecast and Analysis: Finding Space in the Expanding Digital Universe (IDC 207739), go to http://www.idc.com.
Source: IDC.