IDC predicts "tangible growth" of SSD market

Market watcher expects SSD shipments to grow until at least 2013

SSD market tipped for growth

The IDC is predicting “tangible” levels of growth within the solid state drive (SSD) market until at least 2013.

The prediction was made after IDC figures revealed that SSD shipments exceeded 11 million units in 2009, which represents a 14 per cent year-on-year increase.

The market watcher added that shipment levels will achieve a compound growth rate of 54 per cent over the 2008-to-2013 forecast period.

Jeff Janukowicz, research manager of SSD at IDC, said: "Despite lingering uncertainties around the economy, IDC remains positive on the outlook for SSDs and believes the trajectories for shipment and revenue growth are a source of optimism moving forward.”

He added: "We expect SSD vendors to achieve capacity and price points that make SSDs an attractive solution in the PC and enterprise markets where the value proposition of SSDs is compelling."