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Procurement Market Intelligence Report

Solid State Drives
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Solid State Drives?

What is the average price of Solid State Drives?

This procurement report includes pricing information to help you purchase Solid State Drives. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Solid State Drives been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Solid State Drives yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Solid State Drives?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Solid State Drives with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

Market share concentration is high in the SSD market as the top four vendors account for over 50.0% of total market revenue. ProcurementIQ estimates that there are about 9,421 SSD vendors in the market. The SSD market is relatively new compared to other physical data storage solutions. The top four... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?


How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?


How do you win and retain business?

How long have you provided SSDs to your most-tenured client?

What is your reputation among competitors and customers and how have you developed it?

How do your R&D expenses compare to those of your competitors?

Do you typically honor competitors' pricing deals or promotions?

Cost Containment

During the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

What percentage of your revenue in the past three years was dedicated to depreciation? How has that changed? Why?

How have fluctuations in input prices affected the prices of your SSDs in the past three years?

Do you source from multiple suppliers or a single supplier? How does this affect costs?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

Quality Control

How often do you experience defects with your SSDs? To what degree are in-process inspections and process controls carried out?

How many recalls have you had? Were they voluntary or mandated?

What problems created the need for the recalls?

How have you handled recalls?

What types of technical issues have you experienced with your SSDs?

What is the return policy and process? How quickly will I receive new SSDs if the original order is unacceptable?

Supply Chain Risk

How do you manage risk in your supply chain?

Who are your most important suppliers? How long have you been in business with them?

Where are your input suppliers located?

What is the breakdown of your downstream buyer industries by revenue?

How often do you evaluate your supply chain's prices to ensure they are still competitive?

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?


How long have you been active in this field? How long have you served operators in my industry?

What are some similar clients you have provided SSDs for?

Could you provide a list of client references, along with contact information?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?


Has the growth in imports adversely affected your operations? If so, how?

What incentive would I have in choosing your SSDs over an imported product? What sets your product line apart from your foreign competitors?

For suppliers based outside the United States, how has the value of the US dollar affected your prices?

What portion of your production do you import into the United States from other countries?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should specify their budgets for SSDs and related services and goods.

Buyers should indicate when payment occurs (e.g. upon award of the contract or over a period of time).

Buyers should reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should look for vendors that offer hardware and software solutions that meet the requirements of the RFP.

Buyers should evaluate vendors based on previous client testimonials and their ability to provide quality customer service.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include the date and time when proposals are due and when award information will be available.

Buyers should provide the RFP schedule and expected timeline for product delivery, installation and operationality.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain risk for SSDs is been moderate. Most of the risk in the market comes from the volatile nature of some materials used to manufacture SSDs, such as steel and copper. As commodities traded on the world market, steel and copper prices fluctuate with changing global demand and... Subscribe to learn more.