PCIe SSD Market Revenue to Reach $1836 Million by 2020

RnRMarketResearch.com adds Global PCIe SSD Market 2016-2020 latest research report, the analysts forecast global peripheral component interconnect express (PCIe) SSD market to grow at a CAGR of 33.24% during the period 2016-2020.

The global PCIe SSD market analyst says one of the key trends for market growth will be rise in investments in emerging memory technology. The 3D NAND flash memory market is a new market where manufacturers are investing a lot of capital. Some companies such as Samsung, Micron, and Intel have already invested to extend their product portfolios. Toshiba, in collaboration with SanDisk, is investing huge funds to develop 3D NAND. Samsung, SanDisk, and Toshiba, and Intel and Micron are likely to invest more than $18 billion in the manufacturing of 3D NAND during the forecast period. Intel has plans to invest up to $5.5 billion to manufacture flash memory in its China-based memory chip plant during the forecast period. Hence, increasing investments in 3D NAND technology will boost the global PCIe SSD market during the forecast period.

Complete report on PCIe SSD market spread across 63 pages, analyzing 6 major companies and providing 29 data exhibits are now available at http://www.rnrmarketresearch.com/global-pcle-ssd-market-2016-2020-market-report.html

According to the 2016 PCIe SSD market report, need for managed service data centers will be a key driver for market growth. It is advantageous for an enterprise to operate a colocation facility rather than to build a data center. Data center colocation allows enterprises to rent computing storage, servers, and network. It enables minimal utilization of power and bandwidth and enhances the security of enterprise IT equipment.

The growth of PCIe SSD market is spurred by the rise in the demand for cloud-based data centers. CSPs such as Microsoft and Google operate about 100,000 servers globally due to the increasing business demand, which has generated the requirement for automation in cloud-based data centers. In 2015, the global PCIe SSD market was dominated by the Americas by accounting for almost 41% of the overall market share. The adoption of containerized data centers in the region is expected to fuel further growth in the PCIe SSD market over the next four years. Order a copy of Global PCIe SSD Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=692017

The following companies are the key players in the global peripheral component interconnect express (PCIe) SSD market: Intel, Micron, Samsung, Seagate, Western Digital, and Toshiba. Other prominent vendors in PCIe SSD market are: ADATA, Apacer, IBM, Kingston Technology, Memblaze, Nimbus Data Systems, OCZ, SK Hynix, and Violin Memory.

The Americas will dominate the PCIe SSD market throughout the forecast period and also estimates that this region will account for about 42% of the total market shares by 2020. The US and Canada are the major revenue contributors to the market in this region. The presence of a number of data center facilities in the US that are extending their existing facilities with more rack cabinets and storage systems is a major factor for the growth of the market.

Global PCIe SSD Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the sale of PCIe SSDs to the enterprise segment.

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