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Thanks to Growing Usage of Big Data Analytics, Global PCIe SSD Market to expand at 33.24% CAGR between 2016 and 2020

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Published on : Oct 03, 2016

ALBANY, New York, Oct 03, 2016: A new study on the global PCIe SSD market has been recently added to the vast repository of ResearchMoz.us. The report, titled “Global PCIe SSD Market 2016-2020,” offers a comprehensive assessment of this market, underlining the trends and future prospects. Thanks to the growing use of big data analytics, the global PCIe SSD market is likely to expand significantly at a CAGR of 33.24% during the period from 2016 to 2020, finds the research study. According to analysts, the increasing proliferation of cloud-based application has influenced the global market for PCIe SSD greatly in the recent times. The rising deployment of cloud-based data centers across the world is also fueling the market’s growth considerably.

In this research report, the global market for PCIe SSD has been examined on the basis of its geographical spread. As per the study, the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA) are the key regional markets for PCIe SSD across the world. Currently, the market is in its budding stage and the adoption of this technology is largely limited to developed nations in North America and Europe. In Asia Pacific, the reach of this technology is restricted to China and Japan, states the report.

Among all the regional markets, the Americas is expected to acquire the leading position in the forthcoming years. By the end of the forecast period, analysts predict the region to account for a share of nearly 42% in the overall market. The presence of a large number of data centers in the U.S. is likely to drive the demand for PCIe SSD in North America in the near future.

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Apart from this, many enterprises in this region have begun to adopt energy-efficient IT infrastructure. As a result, the need for high-performance flash storage solutions, such as PCIe SSDs, is projected to increase substantially in the coming years, leading to a considerable growth in the North America market for PCIe SSD.

The report also provides an analysis of the worldwide PCIe SSD market based on its competitive landscape. According to the study, the rivalry between Intel, Toshiba, Micron, Samsung, Western Digital, and Seagate characterizes the market’s competitive landscape. As the market is driven by a few players only, it witnesses a low degree of competition among participants. Some of the other prominent players in the global market for PCIe SSD are ADATA, IBM, Apacer, Kingston Technology, Memblaze, LSI Corp., Nimbus Data Systems, SK Hynix, OCZ, and Violin Memory, reports the research study.

The report attempts to present a clear picture of the worldwide PCIe SSD market to participants in order to assist them in creating crucial strategies for the growth of their businesses.

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