Europe 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 Europe Solid State Drive (SSD) Market would witness market growth of 15.5% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe 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 $3,904 Million by 2031. The UK market is exhibiting a CAGR of 14.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 16.4% during (2024 - 2031).

The enterprise sector is one of the largest adopters of SSDs, particularly in data centers and server farms. With the increasing volume of data being processed, storage performance has become critical. SSDs enable businesses to run data-intensive applications faster, with enhanced reliability. Furthermore, in high-performance computing (HPC), SSDs offer faster data throughput and the ability to handle large-scale data analytics and simulations.

The need for faster and more efficient storage systems has grown as cloud storage expands. SSDs are crucial for providing high-performance cloud services and enabling real-time data access. They are also increasingly used in virtualization environments where multiple virtual machines (VMs) are run concurrently, as SSDs support rapid provisioning and scaling of virtualized resources.

Europe’s technology landscape has been expanding significantly, driven by the increasing production and demand for high-tech products. The sold production of high-tech goods in the European Union reached €355 billion in 2022, marking a 10.2% growth from the previous year and an average annual increase of 2.6% over the past decade. This steady rise in high-tech production is shaping various industries, including the solid state drive (SSD) market, as the demand for advanced storage solutions grows alongside technological advancements. Furthermore, Europe’s strong emphasis on innovation, research, and development in high-tech industries drives the adoption of advanced storage technologies like SSDs. With the increasing integration of artificial intelligence (AI), the Internet of Things (IoT), and edge computing in various European industries, SSDs play a critical role in ensuring seamless data processing and storage. Thus, Europe's consistent rise in high-tech product production catalyzes the market, aligning with the region’s drive toward digital transformation and innovation.

Free Valuable Insights: The Global Solid State Drive (SSD) Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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.

Europe 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

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Solid State Drive (SSD) Market, by Type
1.4.2 Europe Solid State Drive (SSD) Market, by Storage
1.4.3 Europe 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. Europe Solid State Drive (SSD) Market by Type
5.1 Europe Internal Market by Country
5.2 Europe External Market by Country

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

Chapter 7. Europe Solid State Drive (SSD) Market by Country
7.1 Germany Solid State Drive (SSD) Market
7.1.1 Germany Solid State Drive (SSD) Market by Type
7.1.2 Germany Solid State Drive (SSD) Market by Storage
7.2 UK Solid State Drive (SSD) Market
7.2.1 UK Solid State Drive (SSD) Market by Type
7.2.2 UK Solid State Drive (SSD) Market by Storage
7.3 France Solid State Drive (SSD) Market
7.3.1 France Solid State Drive (SSD) Market by Type
7.3.2 France Solid State Drive (SSD) Market by Storage
7.4 Russia Solid State Drive (SSD) Market
7.4.1 Russia Solid State Drive (SSD) Market by Type
7.4.2 Russia Solid State Drive (SSD) Market by Storage
7.5 Spain Solid State Drive (SSD) Market
7.5.1 Spain Solid State Drive (SSD) Market by Type
7.5.2 Spain Solid State Drive (SSD) Market by Storage
7.6 Italy Solid State Drive (SSD) Market
7.6.1 Italy Solid State Drive (SSD) Market by Type
7.6.2 Italy Solid State Drive (SSD) Market by Storage
7.7 Rest of Europe Solid State Drive (SSD) Market
7.7.1 Rest of Europe Solid State Drive (SSD) Market by Type
7.7.2 Rest of Europe 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 Europe Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 2 Europe 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 Europe Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 6 Europe Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 7 Europe Internal Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Internal Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe External Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe External Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 12 Europe Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 13 Europe 120GB-320GB Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe 120GB-320GB Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe 320GB-500GB Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe 320GB-500GB Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Under 120 GB Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Under 120 GB Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe 500GB-1TB Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe 500GB-1TB Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Above 2TB Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Above 2TB Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe 1TB-2TB Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe 1TB-2TB Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Solid State Drive (SSD) Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Solid State Drive (SSD) Market by Country, 2024 - 2031, USD Million
TABLE 27 Germany Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 28 Germany Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 29 Germany Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 30 Germany Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 31 Germany Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 32 Germany Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 33 UK Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 34 UK Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 35 UK Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 36 UK Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 37 UK Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 38 UK Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 39 France Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 40 France Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 41 France Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 42 France Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 43 France Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 44 France Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 45 Russia Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 46 Russia Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 47 Russia Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 48 Russia Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 49 Russia Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 50 Russia Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 51 Spain Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 52 Spain Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 53 Spain Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 54 Spain Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 55 Spain Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 56 Spain Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 57 Italy Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 58 Italy Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 59 Italy Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 60 Italy Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 61 Italy Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 62 Italy Solid State Drive (SSD) Market by Storage, 2024 - 2031, USD Million
TABLE 63 Rest of Europe Solid State Drive (SSD) Market, 2020 - 2023, USD Million
TABLE 64 Rest of Europe Solid State Drive (SSD) Market, 2024 - 2031, USD Million
TABLE 65 Rest of Europe Solid State Drive (SSD) Market by Type, 2020 - 2023, USD Million
TABLE 66 Rest of Europe Solid State Drive (SSD) Market by Type, 2024 - 2031, USD Million
TABLE 67 Rest of Europe Solid State Drive (SSD) Market by Storage, 2020 - 2023, USD Million
TABLE 68 Rest of Europe 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 Europe 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 Europe Solid State Drive (SSD) Market share by Type, 2023
FIG 10 Europe Solid State Drive (SSD) Market share by Type, 2031
FIG 11 Europe Solid State Drive (SSD) Market by Type, 2020 - 2031, USD Million
FIG 12 Europe Solid State Drive (SSD) Market share by Storage, 2023
FIG 13 Europe Solid State Drive (SSD) Market share by Storage, 2031
FIG 14 Europe Solid State Drive (SSD) Market by Storage, 2020 - 2031, USD Million
FIG 15 Europe Solid State Drive (SSD) Market share by Country, 2023
FIG 16 Europe Solid State Drive (SSD) Market share by Country, 2031
FIG 17 Europe 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