Kingston Know-how, the worldwide knowledgeable in reminiscence merchandise and know-how options, continues its main place within the SSD (Strong State Drive) marketplace for the sixth consecutive yr, attaining a 28% market share.
Their dominance out there is mirrored by TrendForce findings, which report that Kingston was chargeable for 28% of the 114 million SSD items shipped in 2022.
Information present that the SSD market efficiently adjusted its provide and demand steadiness in 2022 following a decision to a scarcity of ICs (built-in circuits) from 2021. But, regardless of this progress, international SSD shipments fell by 10.7% to 114 million items from the earlier yr.
The decline, nevertheless, didn’t have an effect on Kingston’s main market place or their progress in market share over 2021. In truth, the highest 5 third-party suppliers (non-semiconductor) commanded almost 60% of the whole shipments, with Kingston outperforming the second-place provider by a large margin – they held 9% of the whole channel market in distinction to Kingston’s robust 28%.
Regardless of the continued difficulties confronted by the worldwide financial system in 2023, Kingston maintained a strategic edge. Notably within the third quarter, when the market witnessed a major shift, pushed largely by NAND Flash suppliers’ daring manufacturing cuts. This shift was notably mirrored within the costing buildings of SSDs, largely benefiting module producers possessing lower-cost inventories.
TrendForce forecasts counsel that the demand for PCIe 4.0 NVMe SSDs may reshape the market dynamics, pushing module homes in the direction of the transition from SATA to PCIe. Surprisingly, in 2022, Kingston expanded its vary of merchandise inside its worth and high-performance drives, together with new choices within the exterior and encrypted classes.
The corporate’s NV2 shopper NVMe drive, launched in 2022, rapidly rose in recognition, promoting over 12 million items globally since its introduction. In parallel with its success, Kingston launched a heatsink choice to its award-winning Kingston FURY Renegade SSD, catering particularly for console and PC players – a strategic transfer which underscores Kingston’s dedication to delivering high quality NVMe options.
Moreover, Kingston’s top-tier gross sales assist and entry to in-house product specialists and engineers considerably contributed to their formidable market place. This, together with a broadened product portfolio to align with client traits, led to Kingston’s over three many years of unmatched reliability and buyer assist.
Kingston has maintained their primary place within the SSD marketplace for the sixth consecutive yr and because the largest third-party reminiscence module provider for the twentieth consecutive yr within the DRAM division.
“It’s an honour to attain this high rating for one more yr”, Kingston remarked. “From the start, Kingston has remained steadfast in our dedication to serving our clients and channel companions throughout the globe, and it’s by way of these robust and enduring relationships that our SSD enterprise has skilled outstanding progress. The current findings from TrendForce function a testomony to the dedication and laborious work of our whole staff, and we’re grateful for the popularity and success we share with them.”
