SSD Revenue Reached $5 Bn In 2011

A 105% increase from the $2.4 billion in 2010 and IDC expects the market will expand further in 2012 and beyond.

January 09, 2012 / 13:00 IST

Technology advancements, changing dynamics in the PC industry, new enterprise server and storage architectures, and near-term hard disk drive (HDD) shortages are all combining to propel the worldwide solid state storage (SSD) market higher from 2011 through 2015. According to new research from International Data Corporation (IDC), the worldwide solid state storage industry revenue reached $5 billion in 2011, a 105% increase from the $2.4 billion in 2010 and IDC expects the market will expand further in 2012 and beyond.Click here for full story

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first published: Jan 9, 2012 12:48 pm

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