According to Cognitive Market Research, the global SSD Controllers market size will be USD 41542.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 16616.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 12462.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 9554.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2077.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 830.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
The MLC (Multi Level Cell) category is the fastest growing segment of the SSD Controllers industry
