target audience: TECH SUPPLIER Publication date: Apr 2024 - Document type: Market Share - Doc Document number: # US51688224
Worldwide Solid State Drive Market Shares, 2023: Navigating a Difficult Downturn
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Abstract
This IDC study examines the market share for the worldwide SSD market for calendar year 2023 and reviews the forces and dynamics that influenced the market.
"In 2023, the worldwide SSD market experienced a downturn, with industry revenue declining by 43.2% year over year to $20 billion," said Jeff Janukowicz, research vice president, Solid State Drives and Enabling Technologies at IDC. "With two consecutive years of revenue declines, SSD suppliers encountered unprecedented challenges that are poised to reshape industry dynamics and strategies for years to come."