SSD Controller Market Research Report — Global Forecast till 2032

Impact of COVID-19 on the SSD Controllers Market

The COVID-19 pandemic has impacted the SSD controllers market positively. The spread of COVID-19 from China has resulted in lockdowns being imposed across various countries, which has forced people to stay within their homes to contain the spread of the pandemic. Companies have also allowed employees to work remotely to reduce the transmission of the virus. The main driver for the growth of the SSD controllers market is the rapid increase in the demand for cloud-based data centers. During the pandemic, data centers have played a vital role by serving as central points of access for data and essential business applications. When remotely working, employees log into a network, they are expected to typically use assets that are located at a data center environment somewhere. Besides, cloud computing is a requirement for remote work as it allows the employees to access data and important applications as well as collaborate with other people in the virtual workplace. These requirements are responsible for the increased demand for SSD controllers during the pandemic.

Additionally, people staying at home during the lockdown has led to increased Internet usage across the globe, which has resulted in the generation of vast amounts of data that is managed by data center facilities across the world. Data centers process significant volumes of data, which leads to the adoption of hard disks or SSD controllers and thus drives the growth of the market. SSD controllers are more widely used as compared to HDD owing to their scaling capability. However, on the flip side, the delayed construction of new data centers has slightly slowed down the adoption of SSD controllers. According to the MRFR analysis, North America is expected to dominate the market owing to the growth of cloud computing, the increasing adoption of SSD controller technology in advanced computing systems, and the growing use of big data analytics.

Enterprise Spending on Cloud and Data Centers from 2015 to 2019 (USD Billion)

Source: Statista

Impact Analysis