Kingston Leads Channel SSD Shipments for the 7th Consecutive Year in 2023

Taipei – October 31, 2024 – Kingston Technology, a world leader in memory products and technology solutions, today announced TrendForce has named it as the number one third-party supplier of SSDs in the channel for all of 2023; leading channel SSD shipments for the 7th consecutive year. Based on the numbers provided by TrendForce, Kingston accounted for a massive 34 percent of the units shipped in 2023.

Kingston remained the top SSD shipment leader in 2023 maintaining a solid advantage and saw growth in market share over 2022. The results reinforced Kingston as the clear leader in SSD production, as the second-place supplier accounted for only 11 percent of the total channel market. This is widely due to its vast worldwide sales network, a top-tier SSD portfolio and exceptional customer support.

According to the latest findings, shipments of branded SSDs in the retail market reached 118 million units in 2023, reflecting a 3.7% YoY growth. Most PCs are equipped with 256GB or 512GB SSDs, which often prove insufficient for gamers and high-performance users. As a result, many users upgraded to SSDs with over 2TB of storage, driving increased sales. TrendForce also noted that many PCs purchased during the pandemic have now entered their typical replacement cycle, further contributing to market growth.

In 2023, Kingston expanded its range of products within its external SSD and datacenter lineups. With the launch of its new DC600M Enterprise SSD, Kingston widened its portfolio with an SSD optimized for mixed-use workloads with excellent Quality of Service (QoS) to ensure latency and IOPS consistency to hit service-level agreements. Following the success of the award-winning XS2000 external SSD, Kingston launched the new, affordable XS1000 External SSD. Both external drives are extremely compact and under 29 grams to provide pocket-sized portability for users on-the-go. With the addition of these new drives, Kingston created a well-rounded SSD portfolio which contributed to record-breaking SSD sales in the channel in 2023.

“We are honored to receive this top ranking once again”, said Kingston. “From the start, Kingston has remained committed to serving our customers and channel partners worldwide. These strong relationships have been key to the remarkable growth of our SSD business. This achievement reflects the dedication and hard work of our entire team, and we are grateful to celebrate this recognition and success together."

For more information visit kingston.com.

About Kingston Technology Company, Inc.

From big data to IoT devices, including laptops, PCs, and wearable technology, Kingston Technology is dedicated to delivering top-tier product solutions, service, and support. Trusted by leading PC manufacturers and global cloud providers, we value our long-term partnerships that help us evolve and innovate. We ensure every solution meets the highest standards by prioritizing quality and customer care. At every step, we listen, learn, and engage with our customers and partners to deliver solutions that make a lasting impact. To learn more about Kingston Technology and our “Built on Commitment” vision, visit Kingston.com.

Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. All rights reserved. All other marks may be the property of their respective titleholders.

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