Revenues for the SSD market (including low-cost PC solutions) worldwide totaled US$585 million in 2008, rising over 100% from US$259 million in 2007, according to a recent report released by Gartner. PC applications contributed around 58% to the total market for SSDs last year.
Samsung Electronics led the market with 31.7% revenue market share in 2008, up 14.8 percentage points from 16.9% in 2007, the Gartner report shows. The research firm attributed the significant share growth to increased adoption of Samsung's drives in mainstream PC models.
STEC was second with 15.7% last year, according to the report. In addition to OEM orders placed by EMC and Sun Microsystems, STEC has recently cut into the supply chain with SSDs used in Apple's products. Meanwhile, SanDisk came in third with 9.4%, facing tougher competition from recent entrant Intel. Intel climbed to fourth with 6.9% in 2008, compared to less than 1% that it took in 2007.