27.05.2010 09:38

SSD market to grow by 90% till 2015

Category: notebook components
By: Pallab Jyotee Hazarika

The Solid State Drive are expected to take over your storage needs shortly as they become cheaper and more readily available

Solid State Drives have not got much attention till late last year, when they were out in very small numbers – mostly in 16GB and 32GB versions. Even now Enterprises are apprehensive about adopting them as SSDs do not have as large storage spaces as the HDDs. They are also relatively newer and thus an amateur technology.

Things seem to be changing now - as the shipment of SSD-carrying devices is expected to grow as much as 90% each year, at least till 2015 to reach an estimated figure of about 1.4 million - a research from Origin Storage has suggested. The revenue growth rate should be 55% - as reported by Softpedia. This increase in popularity of the SSDs will eventually eat into the magnetic hard drive market share, as major brands like Intel and Kingston help bringing down the cost and inaccessibility of the SSDs.

There are major advantages of switching to Solid State Drives for storing your data. The SSDs use non-volatile NAND flash memory, meaning there are no moving parts like the magnetic disks. This makes them faster as well, because the SSDs don't need any actuator arm to serve them the data. The only reason for not adopting them before was the high price, which is usual in case of any new-to-the-world technology. Now that they have become cheaper and more readily available, this projected increase comes as a relief to the industry.

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Author: Notebookcheck, 2005-09-20 (Update: 2011-05- 3)