Samsung remained the leader in the enterprise solid-state drive (eSSD) market in the fourth quarter of last year. Even though competition increased, Samsung continued to hold the largest share of the market.

According to TrendForce, Samsung had a 33.8% share of the eSSD market in the fourth quarter. This was a little lower than its 35.1% share in the previous quarter. However, the company’s sales still grew strongly. Samsung earned about $3.656 billion from eSSD sales during the quarter, which was nearly 50% higher than the previous quarter.

Meanwhile, SK hynix, including its subsidiary Solidigm, showed the fastest growth among major companies. Its revenue jumped 75.2% to $3.26 billion, raising its market share to 30.2% and narrowing the gap with Samsung to 3.6 percentage points.

Image via TrendForce

Micron Technology remained in third place with $1.4 billion in revenue and a 13.0% market share, slightly lower than the previous quarter. Overall, the eSSD market grew quickly, with total revenue of the top five companies reaching $9.92 billion.

TrendForce said the growth was mainly driven by the increasing use of artificial intelligence (AI), which requires faster and more powerful storage systems. Upgrades of servers by AI service companies and a shortage of hard disk drives (HDDs) also pushed more customers to switch to SSDs.

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