TECH SUPPLIER May 2019 - Market Forecast - Doc # US43828819

Worldwide Solid State Drive Forecast, 2019–2023

By: Jeff JanukowiczResearch Vice President, Solid State Drives and Enabling Technologies


This IDC study presents an updated outlook at the SSD market through 2023. The SSD industry dynamics associated with 2018 and the end-device forecast changes are aggregated, analyzed, and applied to IDC's long-term SSD forecast in terms of units, revenue, and petabytes for each consumption category of SSDs (client, enterprise, and commercial).

"Aggressive SSD price erosion due to NAND oversupply will create a challenging environment for worldwide SSD industry revenue in 2019," said Jeff Janukowicz, research vice president for Solid State Drives and Enabling Technologies. "However, price demand elasticity will ultimately increase demand for SSDs in client devices and for enterprise datacenter solutions, and as a result, IDC expects worldwide SSD industry revenue to increase at a 2018–2023 CAGR of 10%."



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