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August 7th, 2008

Global solid state drive market to grow at a 70% CAGR

Posted by NB @ 12:27 pm

Categories: Peripherals

Tags: revenue, solid state disk, compound annual growth rate, nb

The worldwide solid state drive (SSD) market is for real and generated nearly $400 mln in revenues in 2007. SSD revenue will increase at a 70% compound annual growth rate (CAGR) from 2007-2012 and unit shipments at a slightly faster rate of 76%, IDC predicts, according to IDC.

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