Solid State Drive Market: Analysis | Leading Players, Industry Updates, Future Growth, Business Prospects 2015 - 2022
The increasing competition in the global solid state drive market is expected to create a consolidated market structure, as observed by Transparency Market Research. In 2014, Micron Technology, Intel Corporation, and Samsung Electronics Co., Ltd held 51% of share in the global solid state drive market. In addition, the key manufacturers are investing in research and development activities that could drive the demand in this market. To improve the geographical reach companies are investing in merger and acquisitions and targeting key segments that could help in providing strategic solution to clients and enterprises. Tapping new market to strengthen their geographical reach is also a business strategy used by these companies. According to the statistics provided by Transparency Market Research, the global solid state drive market is projected to rise at 40.7% CAGR during the forecast period from 2015 to 2022. Rising at this rate the market is expected to touch US$29.4 bn ...