Market overview
The global market size for SSD controllers was calculated at USD 14.120 billion in 2020 and is expected to achieve USD 53.010 billion by 2030, growing at a compound annual growth rate of 14.40 % from 2021 to 2031. SSD controller is a processor that includes electronics designed to aqueduct the flash memory elements to the host SSD input or output interfaces or computer.
It is an implanted processor that delivers high performance with low cost and power efficiency. SSD controller implanted processor od structured to execute firmware-level software coding. Moreover, the SSD controller is an electronic element within accommodated a single integrated circuit. The SSD controller implanted processor accommodates 16 or 32-bit microcontrollers.
However, SSD controllers rise electrical interfaces such as SATA, USB, SAS, NAND, or the fusion of these interfaces. With the rise in industrial-grade storage systems, SSD controller solutions are observing an increase in NAND flash system structure, due to an upsweep in data transaction among the host interface and NAND flash arrays.
However, the exposure to 3D NAND technology has improved the electronic space solution market, and it is projected to boost the growth of the SSD controller market in the coming years. SSD controller is based on two primary elements for its functioning, flash controller, and DRAM controller. The flash controller manages up to 512 GB of flash, whereas the DRAM controller manages up to 256 MB of DRAM.
Again, Phison e12 is mainly used in NVME controllers on the basis of high-end consumers and enterprise SSD solutions.
Segmentation
Primarily the market for SSD controllers has been categorized into form factor, interface, technology, and end-user. The form factor is divided into 2.5, 3.5, M.2, U.2/SFF 8639, and FHHL/HHHL, whereas the interface is divided into SATA, SAS, and PCIe. However, by technology, the market is further categorized into SLC, MLC, LC, and 3D. Enterprise, client, industrial, and automotive are some of the end-use industries of this SSD controller market.
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Regional classification
The global market for SSD controllers is also categorized by regions, named North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America includes countries like the US, Canada, and Mexico, whereas the UK, Germany, France, Italy, and the rest of Europe come under the European region. Asia Pacific region includes developing countries like China, Japan, South Korea, and India.
Latin America, the Middle East, and Africa are some important market regions for the SSD controller market.
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Industry news
The exposure to the covid-19 outbreak has reduced the growth of the SSD controller market in 2020. Again, the market during the covid-19 pandemic was majorly hit by various obstacles, including the availability of resources, deliverables, contractual obligations, health and security, and expected delays or cancellations.
Reciprocally, the surge in an ultimatum for security and the cold computing solution is expected to boost the SSD controller market growth during the anticipated period. The report also shows the market share of primary vendors and SSD controller market trends.
Source - Market Research Future
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