In response to accessible info, the worldwide SSD market final 12 months fell 10.7%, regardless of the decision of key management IC provide points that hampered manufacturing in 2021. Solely 114 million drives have been offered in 2022, with the decline most affecting smaller distributors, stories TechSpot journal.
The report, by market analysis analyst agency TrendForce, claims that the highest 5 SSD producers mixed elevated their market share from 53% to 59%, largely as a result of falling costs for high-performance and high-capacity SSDs.
Kingston, ADATA a Lexar
The report does not particularly say why the market declined final 12 months, nevertheless it’s clear that demand for SSDs has remained weak according to the shrinking PC market. TrendForce claims that market sentiment “made a rapid turnaround” on the finish of the third quarter of 2022 as a result of aggressive manufacturing reductions by NAND Flash suppliers. This was first mirrored in SSD prices, which benefited these producers who had cheaper stock.
The three most distinguished SSD manufacturers have been final 12 months Kingston, ADATA a Lexar, with the primary two named corporations growing their market shares in comparison with 2021. Kingston alone had a 28% market share globally, whereas the opposite two manufacturers had 9% and eight% respectively. The highest ten corporations have been accomplished by Kimtigo, Netac, Colourful, PNY, Teclast, Gigabyte and Transcend, whereas the remaining gamers had a mixed market share of solely 24%.
SSD market share
Lexar’s development is attributed to an aggressive effort to realize projected income in anticipation of the IPO. The Kimtigo model, which is virtually unknown in our nation, made vital progress final 12 months in increasing into the commercial management and OEM markets, which subsequently elevated its gross sales quantity and market share. Netac maintained its place by profitable a number of authorities contracts within the enterprise SSD sector.
What would be the subsequent improvement?
Looking forward to 2023, the report states that the dominant place is more likely to be maintained by the large gamers, however total, the market might stay weak as a result of issues within the international economic system. Nonetheless, the report does not point out statistics for the reason that starting of this 12 months, so we do not know if the market has recovered from a weak 2022 or if it is nonetheless attempting to get again to pre-pandemic ranges.
SSD costs have been steadily falling over the previous few years, permitting shoppers to transition from older mechanical laborious drives or add new high-capacity SSDs to their computer systems. Nonetheless, costs have began to stabilize in latest months as suppliers cut back NAND Flash manufacturing.
Contemplating the truth that the highest 5 SSD producers have elevated their market share, these corporations will be anticipated to proceed to dominate the market this 12 months. If the worldwide financial issues persist, the SSD market might stay weak, which might have an effect on the general gross sales quantity and pricing coverage. The stabilization of NAND Flash costs can have a basic impact on SSD costs and their availability in the marketplace.
