International SSD shipments are down by 10.7%, however market leaders Kingston and ADATA are doing effective

A brand new report at TrendForce shares some not-so-bright information for the worldwide SSD market, with shipments down 10.7% year-over-year. The report notes that SSD provide and demand points have been normalized. Nevertheless, with solely 114 million SSDs shipped, the downward has affected the assorted flash reminiscence and storage corporations in a different way.

2

The highest SSD makers for 2022, picture credit score: TrendForce.

VIEW GALLERY – 2 IMAGES

The highest three SSD suppliers for 2022 had been Kingston, ADATA, and Lexar, with Kingston and ADATA experiencing development in market share in comparison with 2021. Kingston stays the worldwide SSD market chief, with a powerful 28% share, adopted by ADATA, with a 9% market share.

Additionally, the Chinese language firm Colourful “defied market developments” by making the highest ten. The report explains the fee benefits of homegrown NAND Flash within the area have led to elevated shipments.

“Chinese language homegrown PCIe grasp management entities, equivalent to Maxio Know-how, are quickly catching up with more and more mature PCIe management applied sciences,” the report writes. “They not solely mass-ship mainstream PCIe 4.0 merchandise suitable with numerous NAND Flash suppliers however are additionally aggressively advancing into PCIe 5.0 product growth and verification.”

The highest ten SSD makers for 2022 with complete world market share proportion was as follows.

1. Kingston (28%)
2. NEEDLE (9%)
3. Lexar (8%)
4. Kimtigo (8%)
5. Netac (6%)
6. Colourful (5%)
7. PNY (3%)
8. Teclast (3%)
9. GIGABYTE (3%)
10. Transcend (3%)

In line with the information, the SSD market is actually managed by its leaders, with the highest 5 SSD channels securing practically 60% of the full market share. And the bigger SSD gamers are anticipated to develop greater over the following few years. There are some attention-grabbing developments, with the corporate sitting outdoors the highest 5, with GIGABYTE making the minimize due to the gaming market, and PNY re-entering the combo due to increasing its attain to extra worldwide markets.

Just lately, we reported that world PC shipments for Q3 2023 declined. As storage typically follows the developments seen with total PC shipments, it is unsurprising that the SSD market has additionally seen a downturn.