Asia Pacific Solid State Drive (SSD) Market Size, Share & Trends Analysis Report By Type (Internal and External), By Storage, By Country and Growth Forecast, 2024 - 2031

The Asia Pacific Solid State Drive (SSD) Market would witness market growth of 16.6% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Solid State Drive (SSD) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,559.7 Million by 2031. The Japan market is registering a CAGR of 15.8% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 17.3% during (2024 - 2031).

In the automotive industry, SSDs are used for applications like in-vehicle navigation systems, infotainment, and autonomous driving technology. In industrial applications, SSDs are employed in mission-critical systems requiring extreme durability, such as robotics, automation, and medical devices, where speed, reliability, and resistance to shock and vibration are essential.

The adoption of SSDs has been one of the most notable technological shifts in storage. One of the most significant drivers behind the adoption of SSDs is the demand for high performance. SSDs offer much faster read/write speeds than HDDs, making them ideal for applications requiring rapid data access. This performance boost has made SSDs a natural choice for environments that require high-speed processing, such as cloud computing, video editing, gaming, and data analytics.

India’s emergence as the second-largest mobile phone manufacturer globally, with $15.5 billion in exports in FY24 and a projected $80 billion growth in the electronics manufacturing services (EMS) industry by 2027, underlines its importance in the market. The electronics manufacturing sector’s rapid expansion, growing at 33% annually, drives the need for advanced storage technologies like SSDs, which are integral to enhancing the performance and efficiency of electronic devices. China’s cloud computing industry, with a remarkable 40.91% growth in 2022 to reach 455 billion yuan (approximately $63.37 billion), far outpacing the global growth rate of 19%, is a critical driver for SSD demand. As cloud services and data centers are key consumers of SSDs, the rapid expansion of China’s cloud infrastructure underscores the increasing reliance on high-speed, durable, and energy-efficient storage solutions. Thus, India’s flourishing electronics manufacturing industry and China’s surging cloud computing industry are transformative forces for the market.

Free Valuable Insights: The Global Solid State Drive (SSD) Market is Predict to reach USD 59.20 Billion by 2031, at a CAGR of 15.7%

Based on Type, the market is segmented into Internal and External. Based on Storage, the market is segmented into 120GB-320GB, 320GB-500GB, Under 120 GB, 500GB-1TB, Above 2TB, and 1TB-2TB. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• Samsung Electronics Co., Ltd. (Samsung Group)
• Seagate Technology LLC
• Toshiba Corporation
• Micron Technology, Inc.
• Western Digital Corporation
• Transcend Information, Inc.
• Kingston Technology Company, Inc.
• SK Hynix Inc.
• Microsemi Corporation (Microchip Technology)
• ADATA Technology Co., Ltd.

Asia Pacific Solid State Drive (SSD) Market Report Segmentation

By Type

• Internal
• External

By Storage

• 120GB-320GB
• 320GB-500GB
• Under 120 GB
• 500GB-1TB
• Above 2TB
• 1TB-2TB

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Solid State Drive (SSD) Market, by Type
1.4.2 Asia Pacific Solid State Drive (SSD) Market, by Storage
1.4.3 Asia Pacific Solid State Drive (SSD) Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Jun – 2024, Nov) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. Asia Pacific Solid State Drive (SSD) Market by Type
5.1 Asia Pacific Internal Market by Country
5.2 Asia Pacific External Market by Country

Chapter 6. Asia Pacific Solid State Drive (SSD) Market by Storage
6.1 Asia Pacific 120GB-320GB Market by Country
6.2 Asia Pacific 320GB-500GB Market by Country
6.3 Asia Pacific Under 120 GB Market by Country
6.4 Asia Pacific 500GB-1TB Market by Country
6.5 Asia Pacific Above 2TB Market by Country
6.6 Asia Pacific 1TB-2TB Market by Country

Chapter 7. Asia Pacific Solid State Drive (SSD) Market by Country
7.1 China Solid State Drive (SSD) Market
7.1.1 China Solid State Drive (SSD) Market by Type
7.1.2 China Solid State Drive (SSD) Market by Storage
7.2 Japan Solid State Drive (SSD) Market
7.2.1 Japan Solid State Drive (SSD) Market by Type
7.2.2 Japan Solid State Drive (SSD) Market by Storage
7.3 India Solid State Drive (SSD) Market
7.3.1 India Solid State Drive (SSD) Market by Type
7.3.2 India Solid State Drive (SSD) Market by Storage
7.4 South Korea Solid State Drive (SSD) Market
7.4.1 South Korea Solid State Drive (SSD) Market by Type
7.4.2 South Korea Solid State Drive (SSD) Market by Storage
7.5 Singapore Solid State Drive (SSD) Market
7.5.1 Singapore Solid State Drive (SSD) Market by Type
7.5.2 Singapore Solid State Drive (SSD) Market by Storage
7.6 Malaysia Solid State Drive (SSD) Market
7.6.1 Malaysia Solid State Drive (SSD) Market by Type
7.6.2 Malaysia Solid State Drive (SSD) Market by Storage
7.7 Rest of Asia Pacific Solid State Drive (SSD) Market
7.7.1 Rest of Asia Pacific Solid State Drive (SSD) Market by Type
7.7.2 Rest of Asia Pacific Solid State Drive (SSD) Market by Storage

Chapter 8. Company Profiles
8.1 Samsung Electronics Co., Ltd. (Samsung Group)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Seagate Technology LLC
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.2.3 SWOT Analysis
8.3 Toshiba Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research and Development Expense
8.3.5 SWOT Analysis
8.4 Transcend Information, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.5 Kingston Technology Company, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.5.3 SWOT Analysis
8.6 Western Digital Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Micron Technology, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 SK hynix, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 SWOT Analysis
8.9 Microsemi Corporation (Microchip Technology Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 SWOT Analysis
8.10. ADATA Technology Co., Ltd.
8.10.1 Company Overview

TABLE 1 Asia Pacific Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Solid State Drive (SSD) Market
TABLE 4 Product Launches And Product Expansions– Solid State Drive (SSD) Market
TABLE 5 Asia Pacific Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Internal Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Internal Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific External Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific External Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 13 Asia Pacific 120GB-320GB Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific 120GB-320GB Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific 320GB-500GB Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific 320GB-500GB Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Under 120 GB Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Under 120 GB Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific 500GB-1TB Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific 500GB-1TB Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Above 2TB Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Above 2TB Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific 1TB-2TB Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific 1TB-2TB Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Solid State Drive (SSD) Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Solid State Drive (SSD) Market by Country, 2024 - 2031, USD Million
TABLE 27 China Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 28 China Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 29 China Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 30 China Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 31 China Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 32 China Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 33 Japan Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 34 Japan Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 35 Japan Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 36 Japan Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 37 Japan Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 38 Japan Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 39 India Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 40 India Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 41 India Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 42 India Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 43 India Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 44 India Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 45 South Korea Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 46 South Korea Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 47 South Korea Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 48 South Korea Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 49 South Korea Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 50 South Korea Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 51 Singapore Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 52 Singapore Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 53 Singapore Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 54 Singapore Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 55 Singapore Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 56 Singapore Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 57 Malaysia Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 58 Malaysia Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 59 Malaysia Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 60 Malaysia Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 61 Malaysia Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 62 Malaysia Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 63 Rest of Asia Pacific Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 64 Rest of Asia Pacific Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 65 Rest of Asia Pacific Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 66 Rest of Asia Pacific Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 67 Rest of Asia Pacific Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 68 Rest of Asia Pacific Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 69 Key Information – Samsung Electronics Co., Ltd.
TABLE 70 Key Information – Seagate Technology LLC
TABLE 71 Key Information – Toshiba Corporation
TABLE 72 key information – Transcend Information, Inc.
TABLE 73 Key Information – Kingston Technology Company, Inc.
TABLE 74 Key Information – Western Digital Corporation
TABLE 75 key information – Micron Technology, Inc.
TABLE 76 key information – SK hynix, Inc.
TABLE 77 Key Information – Microsemi Corporation
TABLE 78 Key information – ADATA Technology Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Solid State Drive (SSD) Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Solid State Drive (SSD)Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2020, Jun – 2024, Nov) Leading Players
FIG 8 Porter’s Five Forces Analysis – Solid State Drive (SSD) Market
FIG 9 Asia Pacific Solid State Drive (SSD) Market share by Type, 2023
FIG 10 Asia Pacific Solid State Drive (SSD) Market share by Type, 2031
FIG 11 Asia Pacific Solid State Drive (SSD) Market by Type, 2020 - 2031, USD Million
FIG 12 Asia Pacific Solid State Drive (SSD) Market share by Storage, 2023
FIG 13 Asia Pacific Solid State Drive (SSD) Market share by Storage, 2031
FIG 14 Asia Pacific Solid State Drive (SSD) Market by Storage, 2020 - 2031, USD Million
FIG 15 Asia Pacific Solid State Drive (SSD) Market share by Country, 2023
FIG 16 Asia Pacific Solid State Drive (SSD) Market share by Country, 2031
FIG 17 Asia Pacific Solid State Drive (SSD) Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 19 Recent strategies and developments: Seagate Technology LLC
FIG 20 SWOT Analysis: SEAGATE TECHNOLOGY LLC
FIG 21 SWOT Analysis: Toshiba Corporation
FIG 22 SWOT Analysis: Kingston Technology Company, Inc.
FIG 23 SWOT Analysis: WESTERN DIGITAL CORPORATION
FIG 24 SWOT Analysis: Micron Technology, Inc.
FIG 25 SWOT Analysis: SK Hynix, Inc.
FIG 26 SWOT Analysis: Microchip Technology Incorporated