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Kingston Is the Most well-liked SSD Vendor within the Channel
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FOUNTAIN VALLEY, Calif. — Kingston Digital, Inc., the Flash reminiscence affiliate of Kingston Expertise Firm, Inc., a world chief in reminiscence merchandise and expertise options, right now introduced it closed out 2022 within the primary spot for SSD market share within the channel. Though worldwide shopper SSD demand declined YoY, finish market elasticity and diversification, pushed by continued ASP declines, helped to gas wholesome demand of Kingston’s top quality SSD options. In 2022, Kingston broadened its portfolio by including its new NV2 shopper NVMe drive and up to date its award-winning Kingston FURY Renegade SSD to incorporate a heatsink possibility ideally suited for console and PC avid gamers.
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Market share knowledge from analyst analysis firm TRENDFOCUS confirmed Kingston because the #1 SSD vendor within the channel with 24% market share and 22 million shopper SSDs shipped for all of 2022. In Q3 alone, Kingston’s shopper SSD market share grew to a big 28.4% within the channel which shows a wholesome upward unit progress regardless of ongoing macro challenges.
In keeping with TRENDFOCUS, complete shopper SSD unit market decreased 15% YoY in 2022, a pointy reverse after robust pandemic-driven PC demand led to a affluent 2021. The influence on PC demand was stark with pocket book and desktop PC models lowering by almost equal share charges of 13% YoY. Though shopper PCs noticed a decline, the speedy adoption of solid-state drives by shoppers had been largely attributable to module pricing falling to an all-time low. Lots of the PCs bought through the early days of the pandemic will enter an improve or alternative cycle which can additional enhance system demand.
In 2022, single-drive SSD connect charges on desktop PCs reached 75% and are forecasted to hit 90% by the top of 2023 given Microsoft’s mandate to part out HDDs as main PC storage within the second half of subsequent yr with solely a small variety of HDD-enabled programs delivery. This can proceed to gas progress alternatives into 2024,” stated Don Jeanette, vice chairman, TRENDFOCUS.
“The 2022 analysis findings validate Kingston’s presence and place within the channel SSD market,” stated Keith Schimmenti, SSD enterprise supervisor, Kingston. “With the efficiency advantages of SSDs now accessible to extra shoppers worldwide, Kingston’s market share will proceed to develop as we solidify our product portfolio with robust NVMe choices in addition to legacy SATA options optimized for notebooks and desktop. We’re proud to supply world famend customer support, the best high quality merchandise and rock-solid reliability to match. It takes a complete crew to perform this feat and we thank and share our success with our companions, distributors and prospects.”
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About Kingston Expertise Firm, Inc.
From large knowledge, to laptops and PCs, to IoT-based units like sensible and wearable expertise, to design-in and contract manufacturing, Kingston helps ship the options used to reside, work and play. The world’s largest PC makers and cloud-hosting firms rely on Kingston for his or her manufacturing wants, and our ardour fuels the expertise the world makes use of day-after-day. We try past our merchandise to see the larger image, to fulfill the wants of our prospects and supply options that make a distinction. To study extra about how Kingston Is With You, go to Kingston.com.
Editor’s Word: For extra info, analysis models or government interviews, please contact PR Crew, Kingston Expertise Firm, Inc. 17600 Newhope Avenue, Fountain Valley, CA USA 92708, 714-435-2600 (Voice). Press photographs may be present in Kingston’s press room kingston.com/firm/press/
Kingston and the Kingston brand are registered emblems of Kingston Expertise Company. IronKey is a registered trademark of Kingston Digital, Inc. Kingston FURY and the Kingston FURY brand are emblems of Kingston Expertise Company. All rights reserved. All emblems are the property of their respective house owners.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20230322005105/en/
Contacts
Leng Chhoeu
Kingston Digital, Inc.
714-435-2600
PR@kingston.com
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