PCIe Gen 5 SSDs Adoption Begins At A Snails Pace, To Accelerate By 2024

K.S Pua, Chief Executive Officer of Phison Electronics, anticipates that the current PCIe Gen 5 NVMe SSDs will not see higher levels of growth until the latter half of next year at the earliest, reports news outlet DigiTimes.

Pua explained that partners have been hesitant to adopt the PCIe 5.0 standard fully but did not explain why to DigiTimes. It is speculated that the initial overhead to integrate the PCIe Gen 5 standard into newer devices is more costly, especially for the consumer.

With several reports of new technologies released over the last several months, users have been overly hesitant to purchase each technology, with plenty of consumers complaining of high costs. This causes retailers to sit on overstocks of products, leading back to manufacturers feeling the same brunt with their overstocks. Companies are slowly reducing costs on components but are at a loss for their quarterly numbers.

Another effect on the marketplace for any products is layoffs and the possibility of a looming recession. The US economic stance is declining significantly after sales were increased over the last five years with remote workspaces and the inability to leave the house because of COVID. The boomerang effect is now happening, seeing prices skyrocket to compensate for years of forced increases in sales figures.

Pua did discuss that esports and creators have a more significant focus by many companies, now catering to the needs of pro gamers and YouTubers or producers that need more screen space or power from their devices. These two markets will assist Phison's future and other companies. During CES 2023, several products revealed more power delivery options for users and included newer technologies, such as PCIe Gen 5 standards.

Phison's highly advertised PCIe Gen 5 controller, the E26, is being looked at as a source for redesigns to improve its 7nm process technology, increase performance, and better cooling management. Pua anticipates the company will be ready once the adoption level for PCIe Gen 5 is more widely used.

PCIe 5.0 standard was released during the Intel 12th Generation CPUs and products started to appear a year later during AMD's Ryzen 7000 launch. The demand for higher capacity storage and faster speeds was a perfect fit for the new Gen 5 standard, especially with products like the Sabrent Rocket X5 promising 14 GB per second transfer rates.

With these hurdles, companies like Phison must tackle to push more adoption of newer technology, such as PCIe 5.0, to make it more accessible and feasible for not only partners but consumers as well.

News Source: DigiTimes