Hardware equipment industryoriginal

India’s consumer SSD market will grow by 20% in 2021 From CMR Corporation

The following is the India’s consumer SSD market will grow by 20% in 2021 From CMR Corporation recommended by recordtrend.com. And this article belongs to the classification: original, Hardware equipment industry.

According to the latest data of CMR, compared with the first half of 2020, the shipment volume of India’s consumer SSD market (SATA and PCIe) increased by 136% in the second half of 2020, with a year-on-year growth of 33%.

Shiprasinha, chief analyst at CMR, said: “internal SSDs easily expanded their base as all other storage devices struggled to make a comeback in the year of the pandemic. It did slow down in the first half of this year, but shipments tripled in the second half of 2020. Compared with traditional PC hard drives, the easy upgrade option drives the sales of the entire SSD at an affordable cost. Extended home work (WFH) and e-learning require simple installation and a powerful PC experience, which brings growth opportunities to SSD market. Exciting deals and discounts during and after the festival have also increased consumer acceptance. “

Highlights in the second half of 2020

In the whole Indian SSD market, WDC ranks first with 29% market share; The second was Kingston (18%); Crucial came in third with a 15% share. Kingston and critical shipments increased by 67% and 189% respectively. While WDC has always been a consumer favorite, Kingston and critical are growing rapidly. In addition to well-known brands, less well-known brands also made significant contributions in the second half of the year.

In terms of foreign SSD brands, Samsung ranks first with 53% market share.

Future trends

CMR predicts that by the end of 2021, the annual growth rate of India’s domestic SSD market will exceed 20% due to people’s increasing awareness of SSD and its special advantages over traditional HDDs.

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