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INDUSTRY NEWS


24 June 2008

Enterprises 'Drawn to SSDs'


The worldwide solid state drive (SSD) market established itself in 2007, generating nearly $400 million (£204 million) in revenues, new research from IDC has revealed.

The analyst predicts that SSD revenue will increase at a compound annual growth rate of 70 percent between 2007 and 2012, with unit shipments growing at 76 percent over the same period.

High-performance enterprise computing, industrial and military markets will provide strong demand for SSDs, but most growth will come from new markets that SSDs have only begun to penetrate, such as enterprise computing, PC and ultra low-cost PC segments.

Jeff Janukowicz, research manager for SSDs at IDC, said: "Adoption will be measured and deliberate, focusing first on market segments that can tolerate the premium associated with SSDs. Nevertheless, IDC sees nothing but increasing opportunities for SSDs as technology advances and requirements converge."

Although solid state drives can help IT managers reduce the power consumption of spinning disk drives, IDC recently claimed that businesses spent $1.3 billion (£662 million) powering and cooling their spinning hard disk drives, a figure it expects to exceed $2 billion (£1 billion) by 2009.<br/>

© 2006 Adfero Ltd.

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  • UPDATED 24/06/2008

    Enterprises 'Drawn to SSDs'

    The worldwide solid state drive (SSD) market established itself in 2007, generating nearly $400 .....