SSD Market Revenue Set to more than Double This Year

The market for solid-state drives has been growing quick for years, and that trend doesn’t appear to be changing anytime soon! An analyst over at IHS iSuppli expects global shipment of solid state drives (SSDs) to more than double in 2013. The driving force behind this growth, according him, is “a new generation of lower-cost and more appealing ultrabooks” that will be launching later this year. Could these be Intel Haswell processor based products that will spur the increased demand?  The SSD data used in the report includes both traditional SSDs,as well as cache SSDs that are paired with a hard drive. SSDs really boos overall system performance and responsiveness, so it makes sense that SSDs will continue to see such impressive growth. It is still one of our favorite bang-for-buck system upgrades that one can do for any PC that doesn’t already have an SSD! IHS believes that 83 million SSDs will be shipped this year, up from 39 million in 2012!

IHS SSD Revenue Forcast

“The fate of the SSD business is closely tied to the market for Ultrabooks and other ultrathin PCs that use cache drives,” said Ryan Chien, analyst for memory and storage at IHS. “While SSD shipments rose by 124 percent last year, growth actually fell short of expectations because ultrabook sales faltered due to poor marketing, high prices and a lack of appealing features. However, if sales of the new generation of ultrabooks take off this year as expected, the SSD market is set for robust growth.”

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