Automotive Solid State Drive Market Report 2025

The automotive solid-state drive market size has grown strongly in recent years. It will grow from $2.01 billion in 2024 to $2.21 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The expansion during the historic period can be linked to several factors, including the increase in automotive data, advancements in in-vehicle computing, the growth of electric vehicles, the development of infotainment systems, and the growing adoption of edge computing.

The automotive solid-state drive market size is expected to see strong growth in the next few years. It will grow to $3.2 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The projected growth during the forecast period is driven by the increasing adoption of autonomous vehicles, the rise of 5G-enabled vehicles, a growing demand for AI-powered storage, the widespread use of smart dashboards, and the surge in in-vehicle entertainment needs. Key trends during this period include technological progress in NAND, the integration of AI-driven storage solutions, advancements in thermal management, and the development of advanced memory technologies.

The growth of autonomous vehicles is expected to significantly contribute to the expansion of the automotive solid-state drive market. Autonomous vehicles are equipped with advanced sensors, cameras, and artificial intelligence, allowing them to navigate without human intervention. The adoption of self-driving cars is increasing due to the advancements in AI-driven safety systems that help reduce accidents. Automotive solid-state drives (SSDs) enable these vehicles to efficiently process and store large volumes of data from their sensors, supporting real-time navigation and decision-making. According to the Insurance Institute for Highway Safety, the number of self-driving vehicles on U.S. roads is projected to reach 3.5 million by 2025 and 4.5 million by 2030, further driving the demand for automotive SSDs.

The rise in the adoption of electric vehicles (EVs) is also expected to fuel the growth of the automotive solid-state drive market. EVs, powered by electric motors and rechargeable batteries instead of gasoline or diesel, are gaining popularity due to advancements in battery technology, which allow for longer ranges and faster charging. Governments worldwide are promoting EV adoption through incentives and stricter emission regulations. Automotive SSDs enhance EV performance by providing faster data processing, increased reliability, and better efficiency for critical systems such as battery management, autonomous driving, and infotainment. According to the International Energy Agency, global electric car registrations reached 14 million in 2023, marking a 35% increase from 2022, which is expected to further boost the demand for automotive SSDs.

Technological advancements, such as V-NAND technology, are playing a crucial role in the growth of automotive solid-state drives, particularly in advanced driver assistance systems (ADAS) and autonomous driving applications. V-NAND is a flash memory technology where memory cells are stacked vertically, enhancing storage capacity, performance, and efficiency. In September 2024, Samsung Electronics launched its first automotive SSD using 8th-generation V-NAND technology. This innovation supports ADAS, in-vehicle infotainment, and autonomous driving applications by offering high reliability, durability, and fast data processing. With its low power consumption and long lifespan, this new SSD strengthens Samsung's position in the expanding automotive memory market.

Major players in the automotive solid state drive market are Samsung Electronics Co. Ltd., Intel Corporation, SK Hynix Inc., Micron Technology Inc., Toshiba Corporation, Western Digital Corporation, Seagate Technology PLC, Phison Electronics Corporation, Innodisk Corporation, BIWIN Storage Technology, Adata Technology Co. Ltd., Transcend Information Inc., Longsys Electronics Co.Ltd., Silicon Power Computer & Communications Inc., Netac Technology, Plextor LLC, Team Group Inc., Kioxia Corporation, Exascend, and Viking Technology.

North America was the largest region in the automotive solid state drive market in 2024. The regions covered in automotive solid-state drive report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive solid-state drive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automotive solid-state drives (SSDs) are specialized storage devices designed to meet the specific requirements of modern vehicles. These SSDs are commonly used in infotainment systems, advanced driver-assistance systems (ADAS), telematics, navigation, and data logging for autonomous driving. They provide high performance, reliability, and durability, even in harsh environmental conditions.

The primary types of automotive solid-state drives are 256 gigabytes (GB), 500 gigabytes (GB), 1 terabyte (TB), and drives exceeding 1 terabyte (TB). A 256 GB automotive SSD is typically used in vehicles that require moderate data storage capacity. This size is ideal for applications such as infotainment systems, basic navigation, and telematics, offering sufficient space for smaller datasets while ensuring rapid access to essential vehicle data. Technologies such as serial advanced technology attachment (SATA), peripheral component interconnect express (PCIe), and others are used across various vehicle types, including light commercial vehicles (LCV), heavy commercial vehicles (HCV), and passenger cars. Key applications include infotainment systems, ADAS, autonomous driving systems, and telematics.

The automotive solid state drive market research report is one of a series of new reports that provides automotive solid state drive market statistics, including automotive solid state drive industry global market size, regional shares, competitors with a automotive solid state drive market share, detailed automotive solid state drive market segments, market trends and opportunities, and any further data you may need to thrive in the automotive solid state drive industry. This automotive solid state drive market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive solid-state drive market consists of sales of embedded storage solutions, automotive-grade memory chips, controllers and firmware, and connectivity modules. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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