The Next-Generation Data Storage Market report discusses the primary market growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. It also talks about the market size of different segments and their growth aspects along with key leading countries in Americas, Asia-Pacific, Europe, the Middle East, and Africa regions.
Market Snapshot:
The global Next-Generation Data Storage Market size was projected at US$
53.1 billion in 2018. It is expected to reach US$ 118.22 billion by 2025 with a
CAGR of 12.5% during the forecast period. This could be attributed to the
ever-increasing digitization and globalization. The basic advantage of
next-generation data storage is that it makes way for reliable, quicker,
scalable, secure, and cost-effective way of storing data. The sectors
witnessing next-generation data storage at the moment include data centers,
automotive, and IT. The factor catalyzing the market is the fact that
information growing by leaps and bounds does require space for storage as well
as maintenance.
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Some of the major objectives of this report:
1. To provide detailed analysis of the market
structure along with forecast of the various segments and sub-segments of the
global Next-Generation Data Storage Market.
2. To provide insights about factors
affecting the market growth. To analyze the Next-Generation Data Storage Market
based on various factors- price analysis, supply chain analysis, porter five
force analysis etc.
3. To provide historical and forecast revenue
of the Next-Generation Data Storage Market segments and sub-segments with respect
to four main geographies and their countries- North America, Europe, Asia, and
Rest of the World.
4. Country level analysis of the market with
respect to the current market size and future prospective.
5. To provide country level analysis of the
market for segment by application, product type and sub-segments.
6. To provide strategic profiling of key
players in the market, comprehensively analyzing their core competencies, and
drawing a competitive landscape for the market.
7. Track and analyze competitive developments
such as joint ventures, strategic alliances, mergers and acquisitions, new
product developments, and research and developments in the global
Next-Generation Data Storage Market.
Market Segmentation:
The next-generation data storage market is segmented based on type,
architecture, storage technology, application, and geography. By type, the
market spans SAN (Storage Area Network), NAS (Network Attached Storage), DAS
(Direct Attached Storage), and others. By architecture, it says object-based,
block storage, file-based, and others. By storage technology, the segmentation
goes like All-flash array, hybrid flash array, magnetic tape, and hard disk
drive. By application, it constitutes retail, manufacturing, media &
entertainment, healthcare, BFSI, government, telecom & IT, and others.
By geography, the next-generation data storage industry is segmented
into North America (U.S., Canada), Europe (Spain, Italy, France, Germany, and
UK), Asia Pacific (Japan, China, ANZ (Australia & New Zealand)), South
Korea, and India), LATAM (Mexico, Brazil), and MEA (Saudi Arabia, South Africa,
and Israel). North America rules the market due to immediate adoption of the
latest technology by the U.S. Europe comes in second; followed by Asia Pacific,
which is a promising market for next-generation data storage; especially after
initiatives like “Digital India” coupled with availability of wearable devices,
smartphones, and low-cost tablets.
Players
The players contributing to the next-generation data storage market include
Dell, Cloudian, Drobo, Fujitsu, Hitachi, HP, IBM, Inspur, Micron Technology,
Netapp, Netgear, Nexenta Systems, Nutanix, Pure Storage, Quantum, Samsung,
Scality, Tintri, Toshiba, and VMWare.
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