Global PCle SSD Market to Grow 33.24% by 2020

Research and Markets has announced the addition of the “Global PCle SSD Market 2016-2020” report to their offering. The report forecast the global peripheral component interconnect express (PCIe) SSD market to grow at a CAGR of 33.24% during the period 2016-2020. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the 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.

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Further, the report states that the lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency cannot be hidden.

Key vendors:
– Intel
– Micron
– Samsung
– Seagate
– Western Digital
– Toshiba

Key questions answered in this report:
– What will the market size be in 2020 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?

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