A new report from Research and Markets (www.researchandmarkets.com) report forecasts that the global peripheral component interconnect express (PCIe) SSD market to grow at a CAGR [compound annual growth rate] of 33.24% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The research group says the need for managed service data centers will be a key driver for market growth. It is advantageous for an enterprise to operate a colocation facility rather than to build a data center. Data center colocation allows enterprises to rent computing storage, servers, and network. It enables minimal utilization of power and bandwidth and enhances the security of enterprise IT equipment.
Further, Research and Markets states that the lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency can’t be hidden.