Home General Various News PCl-Express SSD Market to Grow 33.24% by 2020

PCl-Express SSD Market to Grow 33.24% by 2020

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In a new report Analysts forecast the global peripheral component interconnect express (PCIe) SSD market to grow at a Compound Annual Growth Rate of 33.24% during the period 2016-2020.

A solid-state drive (SSD) is a an electronic disk that is built out of silicon microchips and is used for data storage. It uses the same I/O interface design as hard disk drives and stores data in solid-state memory in the form of electric charge. It is made out of silicon microchips.  Dynamic random access memory (DRAM) and negated AND (NAND) are most commonly used storage components used in many devices. Semiconductor-based devices such as NAND have no mechanical or moving parts. This reduces the risk of failure and allows higher read and write speeds in SSDs. The number of applications of SSDs has also increased as they can withstand extreme shocks, consume less power, deliver high consistency, and can be integrated into devices that are used in harsh environments.

Further, the report states that the lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency cannot be hidden. SSD latencies are usually for a couple of hundred microseconds. In certain cases, when access is interrupted by the device’s internal tasks, SSD’s latency can exceed tens of milliseconds or even to a few seconds. The situation is further complicated by the lack of coordination across an array of devices. This results in unpredictable performance of I/Os due to uncoordinated internal tasks.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Further, the report states that the lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency cannot be hidden.

Key vendors:

  • Intel
  • Micron
  • Samsung
  • Seagate
  • Western Digital
  • Toshiba
  • ADATA
  • Apacer
  • IBM
  • Kingston Technology
  • Memblaze
  • Nimbus Data Systems
  • OCZ
  • SK Hynix
  • – Violin Memory

See the report on this page.

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