Global Serial Attached Storage (SAS) Solid-state Drive (SSD) Market 2017-2021

Overview of the global serial attached storage (SAS) solid-state drive (SSD) market

Market research analysts at Technavio predict that the global serial attached storage (SAS) solid-state drive (SSD) market will grow steadily over the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the growing requirement for cloud-based data centers as one of the key growth factors of the SAS SSD market. Owing to the benefits such as security, reliability, scalability, and cost reduction, organizations are increasingly focused on using cloud-based data centers to store ample amount of information on a daily basis. Moreover, consumers also prefer the use of popular cloud service providers such as Amazon web service, Microsoft Azure, and Google Cloud to meet their increasing business demands. This extensive use of cloud-based data centers will create a significant need for data storage systems, which will stimulate the growth of the SAS SSD market over the next few years.

In addition to the growing requirement for cloud-based data centers, the emergence of 3D NAND will also influence the growth of the market. NAND flash device architectures are one dimensional, which allows the storage of more data by increasing the density. Due to its benefits such as better endurance and the consumption of less power, the vendors are making huge investments towards the development of 3D NAND and pci ssd card. This will increase the storage capacity beyond the size of the hard drives of SAS SSD and subsequently fuel the growth of the PCIE  solid state drive (SSD) market.

Competitive landscape and key vendors