IDC: Global SSD revenue doubled in 2011

The worldwide solid-stage drive (SSD) industry experienced a record $5 billion in revenue last year, up 105 percent from 2010. And according to market analyst IDC, the NAND flash SSD market is expected to continue expanding this year through 2015.

This growth is attributed both to growth in the enterprise and client segments, says IDC Research Director Jeff Janukowicz. In a report on eWeek, Janukowicz summed up the factors expected to contribute to the increasing use of SSD: "The increasing use of flash in enterprise solutions, explosive growth of mobile client devices, and lower SSD pricing [are] creating a perfect storm for increased SSD shipments and revenue over our forecast."

The price of SSD is expected to fall below $1 per gigabyte in the middle half of this year, while the growth in media tablets and ultrabooks as well as the upcoming release of Windows 8 are also expected to drive its adoption on client devices. Where enterprise usage is concerned, SSDs are also being increasingly deployed to complement access speeds of storage arrays.

For more:
- check out this article at eWeek

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