Europe Solid State Drive (SSD) Market By Type (External, Internal), Storage (120 GB - 320 GB, 320 GB - 500 GB, 500 GB - 1 TB, 1 TB - 2 TB, More Than 2 TB, Less Than 120 GB)
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The Europe Solid State Drive (SSD) Market would witness market growth of 13.6% CAGR during the forecast period (2017 - 2023). A solid-state drive (SSD) is a nonvolatile storage device which is used to store persistent data on solid-state flash memory. Solid-state drives are typically not hard drives in the actual sense, as moving parts are involved in the process.
The SSD has an array of semiconductor memory which is organized as a disk drive, using integrated circuits (ICs) instead of magnetic or optical storage media. Regulatory frame works such as European Union?s Waste Electrical and Electronic Equipment (WEEE) and Restriction of Hazardous Substances (RoHS) and international standards such as ISO/IEC 27001:2013 and ISO/IEC 27002:2013 are working towards monitoring and controlling data security. Environmental regulations that relate to recycling are also something that SSD manufacturers consider.
Growing Internet penetration, growing online commerce industry, digitalization of day-to-day activities and increasing volume of media data transfer would drive the market growth during the forecast period. Based on Type, the market report segments the market into External and Internal. Based on Storage, the Solid State Drive (SSD) market segments the market into 120 GB - 320 GB, 320 GB - 500 GB, 500 GB - 1 TB, 1 TB - 2 TB, More Than 2 TB, and Less Than 120 GB. Based on Countries, the Solid State Drive (SSD) market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stake holders of the Europe Solid State Drive (SSD) Market. Key companies profiled in the report include BiTMICRO Networks, Inc., Intel Corporation, Kingston Technology Corporation, Micron Technology, Inc., Microsemi Corporation, Samsung Electronics Co., Ltd., Seagate Technology Plc., SK Group (SK Hynix, Inc.), Western Digital Corporation, and Toshiba Corporation.