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Next- Generation Data Storage Market By Technology (Solid-State Storage Hybrid Flash Arrays, All-Flash Arrays, Magnetic Storage Magnetic Tape, Hard Disk) By Application (Network-Attached Storage (NAS), Storage Area Network (SAN), Software-Defined Storage (SDS),File- and Object-Based Storage (FOBS), Direct-Attached Storage, Block Storage, Cloud Storage, Unified Storage) Global Trend Analysis and Industry Forecast, 2019-2025

  • Category:Semiconductor and Electronics
  • Published on:06 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 129367
  • Publisher:Genesis Market Insights

Overview

Global Next-Generation Data Storage Market was valued at USD 67.47 Billion in the year 2019. Global Next- Generation Data Storage market is further estimated to grow at a CAGR of 14.99% from 2019 to 2025 to reach USD 155.97 Billion. North America region holds the highest market share in 2019 and the market is also considered as the fastest growing market in the forecasted period. At a country level, the U.S. holds the highest market share in 2019 and it is projected to grow strongly in the coming years.
IBM Corporation (U.S.), VMWARE, Inc. (U.S.), Western Digital Technologies, Inc. (SanDisk) (U.S.), Hitachi Ltd. (Japan), Dell Inc. (U.S.), Toshiba Corp. (Japan), Nutanix, Inc. (U.S.), Scality, Inc. (U.S.), Pure Storage, Inc. (U.S.), Tintri, Inc. (U.S.) are some of the key players in the Global Next- Generation Data Storage market. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

Increasing storage of a large amount of information and its maintenance

Growing IoT technology market

Restraints:

Unstructured data

Opportunities:

Growing data analytics need

Challenges:

Storage of unwanted and unclean data

The major shares are expected from Healthcare segment in Global Next- Generation Data Storage Market with highest CAGR. Because healthcare sector includes real-time patient monitoring.

On the other hand, cloud storage for Next- Generation Data Storage market is expected to grow at highest CAGR during the year 2019-2025.

Key Benefits for Stakeholders

Next-Generation Data Storage Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Technology

Solid-State Storage

Magnetic Storage

Others

By Application

Network-Attached Storage (NAS)

Storage Area Network (SAN)

Software-Defined Storage (SDS)

File- and Object-Based Storage (FOBS)

Direct-Attached Storage

Block Storage

Cloud Storage

Unified Storage

By Industry

Banking, Financial Services, and Insurance (BFSI)

Media & Entertainment

Telecommunications

Healthcare

Government

Business & Consulting

Manufacturing

Education

Others

By Region

North America

Europe

Asia-Pacific

LAMEA

Key Market Players

IBM Corporation (U.S.)

VMWARE, Inc. (U.S.)

Western Digital Technologies, Inc. (SanDisk) (U.S.)

Hitachi Ltd. (Japan)

Dell Inc. (U.S.)

Toshiba Corp. (Japan)

Nutanix, Inc. (U.S.)

Scality, Inc. (U.S.)

Pure Storage, Inc. (U.S.)

Tintri, Inc. (U.S.)

(A brief overview of another 13 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

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  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

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  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

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