The Global Solid State Drives Market is estimated to be USD 86.6 Mn in 2021 and is expected to reach USD 303.4 Mn by 2026, growing at a CAGR of 28.5%.
Certain factors driving the global solid-state drives market are the growing penetration of high-end cloud computing, the increasing implementation of SSDs in data centers, and the advantages of SSDs over HDDs.
SSDs with modern interfaces such as PCIe, NVMe, and others have given rise to technological advances in Global Solid-state storage. The adoption of PCIe SSDs for cloud computing is promoted by enhanced features such as high speed and fast data access.
The high up-gradation costs of global solid-state drives and the lack of large-sized SSD model availability are impeding the growth of the industry. Smart SSDs provide an opportunity to commercialize a…