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Top 3 Emerging Trends Impacting the Global Serial Attached Storage Solid-state Drive Market from 2017-2021: Technavio
By: Business Wire
May. 19, 2017 05:03 PM
Technavio’s latest report on the global serial attached storage (SAS) solid-state drive (SSD) market provides an analysis of the most important trends expected to impact the market outlook until 2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
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Technavio has published a new report on the global SAS SSD market from 2017-2021. (Graphic: Business Wire)
The research study by Technavio on the global SAS SSD market for 2017-2021 provides a detailed industry analysis based on the end-users (enterprise and client) and geography (the Americas, EMEA, and APAC).
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The top three emerging trends driving the global SAS SSD market according to Technavio hardware and semiconductor research analysts are:
Emergence of 3D negative AND (NAND)
The arrival of 3D NAND has revolutionized the storage industry. NAND flash device architectures are one-dimensional, which allows them to store more data by increasing density, thus leading to the increase in SAS SSD capacity.
“3D NAND technology is witnessing swift adoption due to its advantages such as low consumption of power, better endurance, and it packs 32 or 64 times the capacity per die. The high potential of the technology is attracting investments to the market, thereby driving its growth,” says Sunil Kumar Singh, a lead analyst at Technavio for embedded systems research.
Consolidation of data centers
Factors such as cost reduction, reducing power consumption, increasing security, ensuring optimal efficiency, and acquisition of enterprises are driving many end-users to take up data center consolidation projects. Servers are being consolidated to work on a single piece of computing hardware, as virtualization boosts the operating efficiency of data center IT infrastructure. The rise in data center virtualization has resulted in consolidation, which will increase the demand for high capacity SAS SSDs as the amount of data to be handled in consolidated data centers would be humongous.
Reduction in ASP of NAND flash memory
NAND flash price has a major impact on the price of SSDs, accounting for up to 80% of the total cost of an SSD. The average selling price (ASP) for 1 GB NAND constantly dropped from 2010 onwards, based on the price decline of the raw NAND flash.
“The overall storage costs are expected to decline further, as the industry is focusing on effective ways to use flash technology. The fall in prices will attract more consumers, which will drive the rising adoption of these devices,” says Sunil.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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