Albany, NY -- (SBWIRE) -- 11/12/2014 -- A solid-state drive (SSD) is also known as an electronic disk or solid-state disk, is a data storage device, that is built out of semiconductors. SSD uses same input/output interfaces designed and developed for HDD (Hard Disk Drives) and uses solid state memory to store persistent data. Solid-state drive doesn’t have moving mechanical components and uses DRAM to store data or NAND based flash memory. It can be classified into two types namely flash memory based SSDs and DRAM-based SSDs. Flash memory based SSDs do not require batteries and use non-volatile flash memory. In addition, flash memory based SSDs retain memory even during power outages.

However, these types of SSDs are slower as compare to DRAM but are less costly comparatively. DRAM based SSDs require an external AC/DC adapter or battery and use volatile memory. Data access speed is higher as compare to flash based memory SSDs.

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The solid-state drive market can be segmented into three major types into memory type, application and capacity. The memory type segment includes flash memory based SSDs and DRAM-based SSDs, while application segment personal computers, laptops, servers, HD camcorders, ultra books, smart TVs, DVR (digital video recorder), set-boxes and gaming consoles among others. The capacity segment includes 60-64 GB, 80-96 GB, 120-128 GB, 160-200 GB, 240-256 GB, 360-400 GB and maximum available capacity (GB).

Some of the key drivers of this market include increasing usage of tablets, smartphone and other mobile devices, increase in reliability and HDD and ODD sales decline, which are biggest revenue generator for solid-state drive market. Some of the key restraints to this market are high cost and lower space comparatively.

HDDs (Hard Disk Drives) are being replaced by solid-state drives due to increasing awareness and use of SDDs in various applications and increased in demand for smartphone, tablets and other related devices. SSDs facilitate longer run time and faster data access. In addition, due to various benefits offered by SSDs such as higher reliability, light weight, small size, less heat generation and low power consumption among others. These benefits of solid-state drives automatically increase value of services to the customers and in turn will drive the market for solid-state drives.

Some of the key players in the solid state drive market are Fusion-IO, Samsung, Kingston, IBM, HGST, LSI, SanDisk, OCZ, Violin Memory, Skyera, Pure Storage, Nimbus Data Systems, Whip Tail, Intel, Micron, A3cube and Maxta among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include:

- North America
- Asia Pacific
- Europe
- Rest of the World

This report provides comprehensive analysis of:

- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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