SSD shipments in the second quarter decreased by 18.4% to 67.5 million units, but their total capacity increased thanks to server NVMe drives

StorageNewsletter, citing Trendfocus, reports that in the second quarter of 2024, SSD shipments decreased by 18.4%, amounting to 67.5 million units, but in capacity terms, shipments increased by 4.1% and reached 90.6 EB. According to Trendfocus, this growth is driven solely by enterprise-class PCIe drives. Despite a general decline in shipments in all other categories, demand for enterprise SSDs is growing.

A slowdown in the PC component market and channel shipments, coupled with some inventory, led to a 22.5% quarter-over-quarter decline in total client SSD shipments to 54.869 million units, with shipped capacity down 21.6% up to 38,101 EB. At the same time, shipments of enterprise NVMe drives grew by 19.7%, reaching 8.5 million units, and the total volume of such drives increased by 46.2% to 44.6 EB – a record increase has been observed for two quarters in a row.

Unit shipments: 67.549 million units (Source hereinafter: storagenewsletter.com)

SAS SSD shipments continued to decline: the number of devices decreased by 10.1% to 794 thousand units, although the volume decreased slightly, by 0.5% to 3.2 EB. Enterprise SATA drives also showed a decline, with shipments down 15.6% to 3.4 million units and volumes down 0.8% to 4.6 EB. Total NAND chip shipments declined for the second quarter in a row, this time by 5.4% to 213.84 EB.

Shipments in capacity terms: 90,553 Ebytes

According to Trendfocus, the top five players in terms of shipment volumes in unit and capacity terms of SSDs included Samsung (26.4% and 31.1%, respectively), Western Digital (17.2% and 12.4%), Micron (12.7 % and 13.0%), SK Hynix (12.3% and 9.8%) and Kioxia (9.8% and 8.3%).

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