Solid state drives (SSDs) will account for more than one third of the computer storage market in 2017.
That's according to IHS Research, which says the predicted figure is almost seven times the number of shipments recorded in 2012.
IHS said that total worldwide shipments are expected to increase from 31 million units to 227 million units in the space of five years, forcing down the percentage of the market devoted to hard disk drives; from 94 percent in 2012, hard disk drives are expected to take up just 64 percent of the total market in five years.
The company pointed out that the explosive growth over this period equates to around 48 percent, and will put SSD on the map as a promising substitute for hard disk drives.
It said the rise in the number of SSDs being shipped across the globe had already begun as a result of the demand for ultrabooks and other super-slim laptop models. It said the continued demand over the next few years would drive "demand considerably."
IHS also pointed out that touchscreen displays were becoming more prominent, and the upcoming Haswell processor created by Intel is set to revolutionise thin computers for consumers.
It said these units demand powerful, versatile and compact drives. Combine this with the price of NAND flash memory drastically decreasing, and the conditions are perfect for a surge in SSDs.
However, the future dominance of the SSD is not all bad news for the trusty hard disk drive. Firstly they were said to have price on their side, proving to be far cheaper in price than their high-tech competitors.
They also have better storage functionality compared to SSDs.