The Global Market for PCIe SSD is Projected to Reach 4.5 Million Units by 2020

Robust Demand for Faster Processing Speeds Drives the Global PCIe SSD Market, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on PCIe SSD. The global market for PCIe SSD is projected to reach 4.5 million units by 2020, driven by the growing number of IOPS in data heavy applications, and rising demand for high performance storage solutions with faster processing speeds.

A key evolutionary development in the storage industry is the convergence of PCIe, a high-speed serial computer expansion bus standard, and Solid State Drives (SSDs). Key factors driving the convergence of PCIe (Peripheral Component Interconnect Express) and enterprise SSD include the growing native availability of PCIe interconnects on all CPU devices and the growing trend towards integrating SAS, SATA, and Fibre Channel (FC) with PCIe host interface. PCIe SSD is a technology where PCIe is engineered as the primary interface for SSD sub-systems and modules. The PCIe packet-based loss-less protocol significantly enhances the performance and capacity of SSDs, while simultaneously reducing system complexity and costs. As an interconnect technology, PCIe is a potential replacement for Gigabit Ethernet (GbE), and offers numerous sophisticated capabilities, such as, host-to-host communication and IO resource sharing across multiple hosts.

PCIe offers a unified backplane with a single IO interface that supports IPC, LAN and SAN connectivity. PCIe provides a powerful fabric for high-speed throughput and low latency performance, which translates into reduced instances of dropped packages, transmission errors, and automatic re-transmission of packet data in the remote event of transmission error. This advantage provides the technology a competitive edge in the storage space where data corruption and loss can have a debilitating impact on enterprise processes. Conventional storage interfaces like SATA SSDs typically have limited bus capacity for data transfer from the SSD to the processor. High-speed PCIe bus interface, in this regard, is capable of delivering high throughput making it particularly attractive for storage networks that carry heavy content load. Also, the unified PCIe backplane is designed to transfer multiple data types to the processor. Therefore, increasing adoption of video based enterprise customer application is expected to bring in lucrative opportunities for the adoption of PCIe SSD.

The growing number of IOPS (Input/Output Operations per Second) led by improvements in physical CPU structure like increase in number of cores and the multiplier effect of virtualization, is benefiting the market for PCIe SSD. Server virtualization, virtual desktop infrastructures (VDI) and high performance databases create the need for higher storage I/O performance. PCIe SSD, in this regard, flaunts the ability to squeeze in additional performance in terms of IOPS.

As stated by the new market research report on PCIe SSD, the United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a projected CAGR of 31.0% over the analysis period.

Major players in the market include BiTMICRO Networks Inc., EMC Corporation, Fujitsu Technology Solutions, Foremay, Inc., HGST, Inc., Intel Corporation, IBM Corporation, LSI Corporation, Micron Technology Inc., Marvell Technology Group Ltd., OCZ Technology Group Inc., RUNCORE Innovation Technology CO, LTD., SanDisk Corporation, Fusion-io, Inc., SMART Modular Technologies, and Violin Memory Inc., among others.

The research report titled “PCIe SSD: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in Thousand Units for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific) and Rest of World. 

Comments

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022