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Global Solid-State Array Market 2018-2022: Market to Grow at a CAGR of 29.2% - Key Vendors are Intel, Micron Technology, Samsung, SK HYNIX, Toshiba & Western DigitalDUBLIN, June 22, 2018 /PRNewswire/ -- The "Global Solid-state Array Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The Global Solid-State Array Market to grow at a CAGR of 29.2% during the period 2018-2022. Global Solid-State Array Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend affecting this market is the growth of hyperscale data centers. Hyperscale data centers are designed to provide a single massive and scalable computer architecture. Small individual servers, called nodes, are clustered or grouped together and operated as a single machine. These networked computer servers are used by organizations for remote distribution, processing, and storage of large amounts of data. According to the report, one driver influencing this market is the increasing demand for cloud-based storage. Cloud-storage is an on-demand service that is provided to users by various firms such a Amazon Web Services, Facebook, and Google. Users can save text, file, and images, on a cloud-based platform. These cloud computing services charge a nominal subscription fee to their users. Further, the report states that one challenge affecting this market is the shorter lead time to enter market. The technology involved in manufacturing SSDs is advanced and complicated and requires an effective design and development process. Any delay in the R&D process, the design process, or the testing phase of these devices is likely to add to the production cost of the devices. Some factors that are responsible for the delay are the complex requirements of the modern end-products, lack of skilled workforce, and lack of technical expertise.
Key Topics Covered: Media Contact: Research and Markets
SOURCE Research and Markets |