COMPUTATIONAL STORAGE DRIVES MARKET

INTRODUCTION

 Computational storage minimises transfer and the accompanying energy and data traffic by limiting many operations to the drive.

Additionally, computational storage can improve performance, decrease latency, and minimise equipment footprint.

A component that enables permanent data storage, including NAND flash or other non-volatile memory, and offers computing functions for the storage system.

Storage and computing resources power the operations of a company's applications and data, ensuring the accessibility, availability, and integrity of important information assets whether on-premises or in the cloud.

COMPUTATIONAL STORAGE DRIVES MARKET SIZE AND FORECAST

The Global Computational Storage Drives market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

COMPUTATIONAL STORAGE DRIVES MARKETNEW PRODUCT LAUNCH

Samsung Electronics Develops Second-Generation SmartSSD Computational Storage Drive With Upgraded Processing Functionality.

A high-performance SSD houses data processing capabilities as part of the new proprietary computational storage. Samsung's SmartSSD can process data directly, which reduces the amount of time that data must be transferred between the CPU, GPU, and RAM compared to other SSDs.

By avoiding the bottlenecks that frequently develop when data is transferred between storage devices and CPUs, this technique can significantly increase system performance and energy efficiency.

With the development of next-generation technologies like AI, machine learning, and 5G/6G, which demand massive volumes of data processing, the SmartSSD is playing an increasingly significant role.With the help of built-in Arm cores, customer-developed software, and intellectual property (IP), Samsung's second-generation SmartSSD allows significantly more effective data processing.

Processing time for scan-heavy database queries may be reduced by over 50%, energy usage by up to 70%, and CPU utilisation by up to 97% when compared to standard data centre solid-state devices.

Since its creation through the collaboration of Samsung and AMD, the first-generation SmartSSD has been sold to major worldwide IT firms, including suppliers of video communications platforms. At CES 202, the first-generation SmartSSD received recognition as an Innovation Awards Honoree.

Through close cooperation with the Storage Networking Industry Association (SNIA) and NVM Express, Samsung Electronics is leading efforts to standardise SmartSSD technology. At the same time, the company aims to push the limits of SmartSSD devices by obtaining technological validation for a wide range of applications.

COMPUTATIONAL STORAGE DRIVES MARKETCOMPANY PROFILES

• Arm Limited
• IBM 
• Intel Corporation
• Microsoft Corporation
• ScaleFlux
• Nvidia 
• NetApp

THIS COMPUTATIONAL STORAGE DRIVES MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Computational Storage Drives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Computational Storage Drives and key vendor selection criteria
3. Where is the Computational Storage Drives manufactured? What is the average margin per unit?
4. Market share of Global Computational Storage Drives market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Computational Storage Drives in-house
6. key predictions for next 5 years in Global Computational Storage Drives market
7. Average B-2-B Computational Storage Drives market price in all segments
8. Latest trends in Computational Storage Drives market, by every market segment
9. The market size (both volume and value) of the Computational Storage Drives market in 2024-2030 and every year in between?
10. Production breakup of Computational Storage Drives market, by suppliers and their OEM relationship