In a report released today by the global leader in providing in-depth market research intelligence, TrendForce has revealed that the world Solid State Drive, SSD Enterprise revenue has increased by 31% in the second quarter of the year, with Samsung Electronics leading the market.
SSD Enterprise Q222 Results
TrendForce shows in its latest report of the revenue ranking of global enterprise SSD brand manufacturers that with the growth in server shipments and rising prices, the overall revenue of the enterprise SSD market in the second quarter of 2022 increased by 31.3%, reaching US$7.32 billion, equivalent to $7.32 billion.
Samsung’s enterprise SSD
In particular, Samsung’s SSD enterprise sales in the second quarter of this year reached 3.26 billion US dollars, equivalent to roughly 22.3 billion yuan, thanks to the recovery of enterprise SSD purchases. When orders for other consumer products kept falling in the second quarter, TrendForce noted that the enterprise SSD market had grown to be crucial for the company to reduce production capacity.
However, it should be emphasized that the rivalry between China’s localization policy and the introduction of high-level SSDs by other manufacturers would undoubtedly put pressure on Samsung’s enterprise SSD market share in that country.
Others SSD Enterprises
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The second episode of SSD enterprise turnover, which was followed by SK Group, climbed by 32.1% to reach 1.79 billion US dollars or around 12.26 billion yuan. According to TrendForce, SK Group will have the chance to grow its market share in the future and take the lead in closing the gap with top manufacturers as it prepares a variety of solutions at various price points to fulfill all storage demands of servers customers.
Meanwhile, among the top five are Micron (Micron), Western Digital (WDC), and Kioxia (Kioxia); their respective second-quarter revenues were $800 million, $770 million, and $710 million. Thus, stay connected with TechGenyz as we bring you the latest updates in the tech world.