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The Latin America, Middle East and Africa Solid State Drive (SSD) Market would witness market growth of 16.1% 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. 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. With growing popularity of smartphones and tablets, digital data and content would witness unprecedented growth in the years ahead. Higher resolution of images and movies contribute to the large volumes of digital data and content. The aforementioned factors have contributed to the growing demand for sufficient capacity to store content.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa 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.