SSDs Poised For Rosy Near-Term Growth

04 Jun 2013, 01:54
SSDs Poised For Rosy Near-Term Growth

The near future for SSD storage appears exceedingly bright, according to projections that IHS iSuppli announced in early May. Specifically, the research firm expects SSD-based storage to make up roughly one-third of all PC-based storage by 2017. The report says that in 2012, shipments of SSD drives totaled just 31 million. By 2017, however, that number is expected to explode to 227 million drives. What we will have to thank for that growth? IHS iSuppli reports that the “expected increase in popularity of ultrabooks and other ultra-thin notebooks” just now starting to blossom will be directly responsible.

By way of comparison, hard disk drive shipments totaled about 475 million in 2012 and are projected to dip to roughly 410 million in 2017. If all the numbers hold true, the change in storage fortunes would give SSDs a 36% stake of the overall storage market and HDDs 64% by 2017. Presently, SSDs possess just a 6% market share.

Tags: Hard Drives
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