GITNUXREPORT 2026

Ssd Industry Statistics

Despite a PC market slowdown, the SSD industry grew in 2023 and is poised for strong future expansion driven by AI and data centers.

Min-ji Park

Min-ji Park

Research Analyst focused on sustainability and consumer trends.

First published: Feb 13, 2026

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Key Statistics

Statistic 1

96% of new PCs shipped with SSDs in 2023, up from 85% in 2020

Statistic 2

Enterprise data centers adopted 60% all-flash arrays by 2023

Statistic 3

SSDs replaced 70% of HDDs in client PCs by end-2023

Statistic 4

Hyperscalers like AWS increased SSD capacity 50% YoY to 40 EB in 2023

Statistic 5

Gaming laptops saw 95% SSD adoption in 2023

Statistic 6

Consumer SSD attach rate in notebooks hit 92% in Q4 2023

Statistic 7

AI training clusters used 80% SSDs over HDDs for hot data in 2023

Statistic 8

SMBs adopted external SSDs growing 30% YoY to 25 million units 2023

Statistic 9

Chromebooks shifted to 100% SSD standard by 2023

Statistic 10

Enterprise SSD capacity per server quadrupled to 100TB average in 2023

Statistic 11

PS5 SSD upgrade kits sold 5 million units in 2023

Statistic 12

Data center SSD replacement cycle shortened to 2.5 years in 2023

Statistic 13

Consumer prosumer NAS used 85% SSD caching in 2023 setups

Statistic 14

Global PC SSD upgrade market grew 18% to $12 billion in 2023

Statistic 15

Edge computing devices integrated SSDs in 75% of deployments 2023

Statistic 16

Samsung held 35.2% client SSD market share by revenue in Q4 2023

Statistic 17

SK Hynix captured 22.1% enterprise SSD revenue share in Q4 2023, up from 15% prior

Statistic 18

Western Digital led NAND revenue at 16.5% overall in 2023

Statistic 19

Micron's enterprise SSD share reached 18% in Q4 2023, driven by 7450 Pro

Statistic 20

Kioxia held 14.8% client SSD share in 2023

Statistic 21

Phison controlled 45% of client SSD controller market in 2023

Statistic 22

Solidigm (SK hynix spin-off) grabbed 12% enterprise share in 2023 debut

Statistic 23

Seagate's 24TB Mozaic SSDs positioned it at 8% enterprise share Q4 2023

Statistic 24

Intel exited SSD market but held residual 5% share via partnerships in 2023

Statistic 25

YMTC/SanDisk rose to 10% NAND share in 2023 despite US sanctions

Statistic 26

Samsung led overall SSD shipments with 28% unit share in 2023

Statistic 27

SK Hynix enterprise bit share hit 25% in Q4 2023

Statistic 28

WD's BiWIN acquisition boosted China market share to 20% in 2023

Statistic 29

Micron dominated QLC SSDs with 40% share in enterprise 2023

Statistic 30

Kioxia client revenue share fell to 13% amid competition in 2023

Statistic 31

Marvell held 30% enterprise controller market in 2023

Statistic 32

Samsung V-NAND supplied 36% of total NAND bits in 2023

Statistic 33

In 2023, the global SSD market revenue reached $41.5 billion, marking a 3.5% year-over-year growth despite a PC market slowdown

Statistic 34

The SSD market is projected to grow at a CAGR of 15.2% from 2024 to 2030, reaching $128.8 billion by 2030, driven by AI and data center demand

Statistic 35

Enterprise SSD revenue hit $15.2 billion in Q4 2023, up 20% QoQ, fueled by hyperscaler purchases

Statistic 36

Client SSD market share of total NAND revenue was 42% in 2023, down from 48% in 2022 due to inventory corrections

Statistic 37

SSD shipments worldwide exceeded 1.15 billion units in 2023, a 25% increase YoY

Statistic 38

The NAND flash market, dominated by SSDs, grew 7.8% YoY to $38.5 billion in Q4 2023

Statistic 39

Consumer SSD market revenue declined 15% YoY in 2023 to $24 billion amid weak PC sales

Statistic 40

By 2028, SSD market is expected to surpass $80 billion with enterprise segment leading at 55% share

Statistic 41

Asia-Pacific held 45% of global SSD market revenue in 2023, driven by China data centers

Statistic 42

Q1 2024 SSD revenue forecasted at $10.5 billion, up 5% QoQ

Statistic 43

SSD bit shipments grew 32% YoY in Q4 2023 to 1,162 Eb, led by enterprise demand

Statistic 44

DRAM-less SSDs captured 65% of client SSD market in 2023, boosting affordability

Statistic 45

PCIe 5.0 SSDs accounted for less than 1% of shipments in 2023 but grew 300% YoY

Statistic 46

Global SSD market CAGR from 2023-2032 projected at 14.5%, reaching $150 billion

Statistic 47

Enterprise SSDs saw 45% YoY revenue growth in 2023 Q4 due to QLC adoption

Statistic 48

Global SSD market revenue reached $41.5 billion in 2023 with 3.5% YoY growth

Statistic 49

SSD market projected CAGR 15.2% 2024-2030 to $128.8 billion

Statistic 50

Enterprise SSD Q4 2023 revenue $15.2 billion, +20% QoQ

Statistic 51

Client SSDs 42% of NAND revenue 2023, down from 48% 2022

Statistic 52

1.15 billion SSD units shipped globally 2023, +25% YoY

Statistic 53

NAND market $38.5 billion Q4 2023, +7.8% YoY

Statistic 54

Consumer SSD revenue $24 billion 2023, -15% YoY

Statistic 55

SSD market to $80 billion by 2028, enterprise 55% share

Statistic 56

Asia-Pacific 45% SSD revenue share 2023

Statistic 57

Q1 2024 SSD revenue forecast $10.5 billion, +5% QoQ

Statistic 58

Average 1TB SATA SSD price dropped to $55 in Q4 2023, down 20% YoY

Statistic 59

Enterprise 15TB QLC SSD ASP rose to $0.025/GB in 2023 from $0.02/GB

Statistic 60

PCIe 4.0 2TB NVMe SSD street price averaged $120 in late 2023

Statistic 61

NAND contract prices fell 5-10% per month in H2 2023, stabilizing Q4

Statistic 62

4TB consumer SSDs priced under $200 by Black Friday 2023, 40% discount YoY

Statistic 63

DRAM-equipped SSD premium shrank to 15% over DRAM-less in 2023

Statistic 64

Enterprise read-intensive SSDs at $0.015/GB ASP in Q4 2023

Statistic 65

PCIe 5.0 2TB SSDs launched at $400+ but dropped to $300 by year-end 2023

Statistic 66

QLC NAND spot prices halved to $0.04/GB in 2023 correction

Statistic 67

512GB entry-level SSDs hit $30 retail in Q1 2024 forecast

Statistic 68

Mixed-use enterprise SSD pricing stabilized at $0.045/GB mid-2023

Statistic 69

TLC wafer prices declined 25% YoY to $150 per wafer in 2023

Statistic 70

8TB consumer SSDs averaged $500, or $0.0625/GB in 2023

Statistic 71

OEM SSD bulk pricing for 1TB PCIe 4.0 at $80/unit Q4 2023

Statistic 72

TLC NAND dominated 90% of SSD capacity shipments in 2023

Statistic 73

PCIe 4.0 SSDs held 55% market share in client segment in 2023, up from 35% in 2022

Statistic 74

QLC NAND capacity shipments surged 150% YoY in 2023 to 25% of total

Statistic 75

Average NAND layer count reached 192 layers in 2023 mass production, with 238-layer coming in 2024

Statistic 76

PCIe 5.0 SSD sequential read speeds hit 14,000 MB/s in 2023 with Phison E26 controller

Statistic 77

3D NAND yields improved to 85% for 200+ layer dies in late 2023

Statistic 78

NVMe protocol captured 95% of enterprise SSDs in 2023, phasing out SAS/SATA

Statistic 79

E1.L form factor SSDs grew to 15% of enterprise shipments in 2023 for rack-scale efficiency

Statistic 80

ZNS (Zoned Namespaces) SSDs entered production with 10% adoption in hyperscalers by 2023 end

Statistic 81

Average SSD endurance improved 40% YoY to 600 TBW per TB for consumer TLC in 2023

Statistic 82

Compute Express Link (CXL) SSDs prototyped with 2TB capacities at 64 GT/s in 2023 labs

Statistic 83

BiCS8 218-layer NAND from Kioxia entered volume production Q4 2023 with 30% density gain

Statistic 84

Samsung's V-NAND V9 at 236 layers achieved 1.4 Gb/mm² density in 2023

Statistic 85

YMTC's 232-layer Xtacking 3.0 NAND hit 90% yields in 2023

Statistic 86

PCIe 6.0 SSD concepts demonstrated 32 GB/s speeds at FMS 2023

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Imagine the world's digital heart beating faster every second, a pulse powered by the silent revolution of the solid-state drive, which in 2023 alone saw a staggering 1.15 billion units shipped globally, defying expectations to propel the market to $41.5 billion in revenue even as traditional PC sales slowed.

Key Takeaways

  • In 2023, the global SSD market revenue reached $41.5 billion, marking a 3.5% year-over-year growth despite a PC market slowdown
  • The SSD market is projected to grow at a CAGR of 15.2% from 2024 to 2030, reaching $128.8 billion by 2030, driven by AI and data center demand
  • Enterprise SSD revenue hit $15.2 billion in Q4 2023, up 20% QoQ, fueled by hyperscaler purchases
  • TLC NAND dominated 90% of SSD capacity shipments in 2023
  • PCIe 4.0 SSDs held 55% market share in client segment in 2023, up from 35% in 2022
  • QLC NAND capacity shipments surged 150% YoY in 2023 to 25% of total
  • Samsung held 35.2% client SSD market share by revenue in Q4 2023
  • SK Hynix captured 22.1% enterprise SSD revenue share in Q4 2023, up from 15% prior
  • Western Digital led NAND revenue at 16.5% overall in 2023
  • Average 1TB SATA SSD price dropped to $55 in Q4 2023, down 20% YoY
  • Enterprise 15TB QLC SSD ASP rose to $0.025/GB in 2023 from $0.02/GB
  • PCIe 4.0 2TB NVMe SSD street price averaged $120 in late 2023
  • 96% of new PCs shipped with SSDs in 2023, up from 85% in 2020
  • Enterprise data centers adopted 60% all-flash arrays by 2023
  • SSDs replaced 70% of HDDs in client PCs by end-2023

Despite a PC market slowdown, the SSD industry grew in 2023 and is poised for strong future expansion driven by AI and data centers.

Consumer and Enterprise Adoption

  • 96% of new PCs shipped with SSDs in 2023, up from 85% in 2020
  • Enterprise data centers adopted 60% all-flash arrays by 2023
  • SSDs replaced 70% of HDDs in client PCs by end-2023
  • Hyperscalers like AWS increased SSD capacity 50% YoY to 40 EB in 2023
  • Gaming laptops saw 95% SSD adoption in 2023
  • Consumer SSD attach rate in notebooks hit 92% in Q4 2023
  • AI training clusters used 80% SSDs over HDDs for hot data in 2023
  • SMBs adopted external SSDs growing 30% YoY to 25 million units 2023
  • Chromebooks shifted to 100% SSD standard by 2023
  • Enterprise SSD capacity per server quadrupled to 100TB average in 2023
  • PS5 SSD upgrade kits sold 5 million units in 2023
  • Data center SSD replacement cycle shortened to 2.5 years in 2023
  • Consumer prosumer NAS used 85% SSD caching in 2023 setups
  • Global PC SSD upgrade market grew 18% to $12 billion in 2023
  • Edge computing devices integrated SSDs in 75% of deployments 2023

Consumer and Enterprise Adoption Interpretation

The stats paint a clear picture: whether for a teen's gaming laptop, a corporate data center, or a cloud giant's AI cluster, the spinning hard drive has been thoroughly shown the door, with SSDs now firmly in the driver's seat for modern computing.

Manufacturer Market Shares

  • Samsung held 35.2% client SSD market share by revenue in Q4 2023
  • SK Hynix captured 22.1% enterprise SSD revenue share in Q4 2023, up from 15% prior
  • Western Digital led NAND revenue at 16.5% overall in 2023
  • Micron's enterprise SSD share reached 18% in Q4 2023, driven by 7450 Pro
  • Kioxia held 14.8% client SSD share in 2023
  • Phison controlled 45% of client SSD controller market in 2023
  • Solidigm (SK hynix spin-off) grabbed 12% enterprise share in 2023 debut
  • Seagate's 24TB Mozaic SSDs positioned it at 8% enterprise share Q4 2023
  • Intel exited SSD market but held residual 5% share via partnerships in 2023
  • YMTC/SanDisk rose to 10% NAND share in 2023 despite US sanctions
  • Samsung led overall SSD shipments with 28% unit share in 2023
  • SK Hynix enterprise bit share hit 25% in Q4 2023
  • WD's BiWIN acquisition boosted China market share to 20% in 2023
  • Micron dominated QLC SSDs with 40% share in enterprise 2023
  • Kioxia client revenue share fell to 13% amid competition in 2023
  • Marvell held 30% enterprise controller market in 2023
  • Samsung V-NAND supplied 36% of total NAND bits in 2023

Manufacturer Market Shares Interpretation

While Samsung continues to wear the client SSD crown, the enterprise battlefield is a fierce free-for-all where SK Hynix is the rising challenger, Micron is the QLC titan, and everyone from Solidigm to Seagate is carving out a specialized kingdom.

Market Size and Growth

  • In 2023, the global SSD market revenue reached $41.5 billion, marking a 3.5% year-over-year growth despite a PC market slowdown
  • The SSD market is projected to grow at a CAGR of 15.2% from 2024 to 2030, reaching $128.8 billion by 2030, driven by AI and data center demand
  • Enterprise SSD revenue hit $15.2 billion in Q4 2023, up 20% QoQ, fueled by hyperscaler purchases
  • Client SSD market share of total NAND revenue was 42% in 2023, down from 48% in 2022 due to inventory corrections
  • SSD shipments worldwide exceeded 1.15 billion units in 2023, a 25% increase YoY
  • The NAND flash market, dominated by SSDs, grew 7.8% YoY to $38.5 billion in Q4 2023
  • Consumer SSD market revenue declined 15% YoY in 2023 to $24 billion amid weak PC sales
  • By 2028, SSD market is expected to surpass $80 billion with enterprise segment leading at 55% share
  • Asia-Pacific held 45% of global SSD market revenue in 2023, driven by China data centers
  • Q1 2024 SSD revenue forecasted at $10.5 billion, up 5% QoQ
  • SSD bit shipments grew 32% YoY in Q4 2023 to 1,162 Eb, led by enterprise demand
  • DRAM-less SSDs captured 65% of client SSD market in 2023, boosting affordability
  • PCIe 5.0 SSDs accounted for less than 1% of shipments in 2023 but grew 300% YoY
  • Global SSD market CAGR from 2023-2032 projected at 14.5%, reaching $150 billion
  • Enterprise SSDs saw 45% YoY revenue growth in 2023 Q4 due to QLC adoption
  • Global SSD market revenue reached $41.5 billion in 2023 with 3.5% YoY growth
  • SSD market projected CAGR 15.2% 2024-2030 to $128.8 billion
  • Enterprise SSD Q4 2023 revenue $15.2 billion, +20% QoQ
  • Client SSDs 42% of NAND revenue 2023, down from 48% 2022
  • 1.15 billion SSD units shipped globally 2023, +25% YoY
  • NAND market $38.5 billion Q4 2023, +7.8% YoY
  • Consumer SSD revenue $24 billion 2023, -15% YoY
  • SSD market to $80 billion by 2028, enterprise 55% share
  • Asia-Pacific 45% SSD revenue share 2023
  • Q1 2024 SSD revenue forecast $10.5 billion, +5% QoQ

Market Size and Growth Interpretation

While the retail customer may be fickle and the PC market wobbly, the SSD industry is busy fueling the AI and data center revolution with such voracious demand that it’s climbing to staggering new heights on a ladder made of increasingly affordable, high-capacity drives.

Pricing Trends

  • Average 1TB SATA SSD price dropped to $55 in Q4 2023, down 20% YoY
  • Enterprise 15TB QLC SSD ASP rose to $0.025/GB in 2023 from $0.02/GB
  • PCIe 4.0 2TB NVMe SSD street price averaged $120 in late 2023
  • NAND contract prices fell 5-10% per month in H2 2023, stabilizing Q4
  • 4TB consumer SSDs priced under $200 by Black Friday 2023, 40% discount YoY
  • DRAM-equipped SSD premium shrank to 15% over DRAM-less in 2023
  • Enterprise read-intensive SSDs at $0.015/GB ASP in Q4 2023
  • PCIe 5.0 2TB SSDs launched at $400+ but dropped to $300 by year-end 2023
  • QLC NAND spot prices halved to $0.04/GB in 2023 correction
  • 512GB entry-level SSDs hit $30 retail in Q1 2024 forecast
  • Mixed-use enterprise SSD pricing stabilized at $0.045/GB mid-2023
  • TLC wafer prices declined 25% YoY to $150 per wafer in 2023
  • 8TB consumer SSDs averaged $500, or $0.0625/GB in 2023
  • OEM SSD bulk pricing for 1TB PCIe 4.0 at $80/unit Q4 2023

Pricing Trends Interpretation

Consumers are reveling in a glorious, dirt-cheap storage bonanza, but the industry is grimly chiseling away at its own foundation as enterprise costs creep up and wafer prices plummet.

Technology Advancements

  • TLC NAND dominated 90% of SSD capacity shipments in 2023
  • PCIe 4.0 SSDs held 55% market share in client segment in 2023, up from 35% in 2022
  • QLC NAND capacity shipments surged 150% YoY in 2023 to 25% of total
  • Average NAND layer count reached 192 layers in 2023 mass production, with 238-layer coming in 2024
  • PCIe 5.0 SSD sequential read speeds hit 14,000 MB/s in 2023 with Phison E26 controller
  • 3D NAND yields improved to 85% for 200+ layer dies in late 2023
  • NVMe protocol captured 95% of enterprise SSDs in 2023, phasing out SAS/SATA
  • E1.L form factor SSDs grew to 15% of enterprise shipments in 2023 for rack-scale efficiency
  • ZNS (Zoned Namespaces) SSDs entered production with 10% adoption in hyperscalers by 2023 end
  • Average SSD endurance improved 40% YoY to 600 TBW per TB for consumer TLC in 2023
  • Compute Express Link (CXL) SSDs prototyped with 2TB capacities at 64 GT/s in 2023 labs
  • BiCS8 218-layer NAND from Kioxia entered volume production Q4 2023 with 30% density gain
  • Samsung's V-NAND V9 at 236 layers achieved 1.4 Gb/mm² density in 2023
  • YMTC's 232-layer Xtacking 3.0 NAND hit 90% yields in 2023
  • PCIe 6.0 SSD concepts demonstrated 32 GB/s speeds at FMS 2023

Technology Advancements Interpretation

The SSD industry spent 2023 in a relentless sprint, cramming more layers, speed, and clever designs into every drive while quietly consigning older tech to the recycling bin of history.

Sources & References