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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Market Synopsis of Next-Generation Data Storage Market:
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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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Next-Generation Data
Storage: Market Variables, Trends & Scope
Chapter 4 Next-Generation Data
Storage: Product Estimates & Trend Analysis
Chapter 5 Next-Generation Data
Storage: Application Estimates & Trend Analysis
Chapter 6 Next-Generation Data
Storage: End-use Estimates & Trend Analysis
Chapter 7 Next-Generation Data
Storage: Industrial End-use Estimates & Trend Analysis
Chapter 8 Next-Generation Data
Storage: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Next-Generation Data
Storage: Manufacturers Company Profiles
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