Next Generation Data Storage Market, By Type (Direct Attached Storage (DAS), Network Attached Storage (NAS) and Storage Area Network (SAN)), By Architecture (File Storage, Object Storage and Block Storage), By Storage Medium (Tape, Hard Disk Drive(HDD) and Solid State Drive (SSD)), By Deployment (On Premise and Cloud), By Industry Vertical (BFSI, Government, Retail, IT and Telecommunication, Manufacturing, Healthcare, Education and Media and Entertainment) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Next generation data storage solutions are primarily used in the BFSI, government, retail, IT and telecommunication, manufacturing, and healthcare industries. The IoT devices used in the manufacturing facilities generates data in different type of formats such as images or texts. Moreover, in order to store and analyze data, companies are rapidly adopting next generation data storage solutions.
Market Dynamics
The growth of the global next generation data storage market is majorly attributed to the product development by the companies such as Dell Technologies. For instance, in June 2020, Dell Technologies launched EMC PowerScale, a storage system for unstructured data. Moreover companies such as Hewlett-Packard Enterprise are partnering with other companies to develop the next generation storage solutions. For instance, in June 2021, Hewlett-Packard Enterprise entered into a partnership with the Qumulo, a cloud storage solution provider to develop both on-premise and cloud-based storage solutions. Thus, product development and partnerships are the factors that are expected to propel growth of the market during the forecast period 2022-2028.
Market Taxonomy
This report segments the global next generation data storage market on the basis of type, architecture, storage medium, deployment, industry vertical, and region. On the basis of type, global next generation data storage market is segmented into direct attached storage (DAS), network attached storage (NAS), and storage area network (SAN). On the basis of architecture, the global next generation data storage market is segmented into file storage, object storage, and block storage. On the basis of storage medium, the global next generation data storage market is segmented into tape, hard disk drive (HDD), and solid state drive (SSD). On the basis of deployment, the global next generation data storage market is segmented into on-premise and cloud. On the basis of industry vertical, the global next generation data storage market is segmented into BFSI, government, retail, IT and telecommunication, manufacturing, healthcare, education, and media and entertainment. On the basis of region, global next generation data storage market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Key features of the study:
This report provides an in-depth analysis of the global next generation data storage market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global next generation data storage market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global next generation data storage market include Dell, IBM Corporation, EMC Corporation, Hitachi Data Systems, Micron Technology, Hewlett-Packard Development Company, Avago Technologies, Nutanix, Toshiba Corporation, Drobo, Quantum Corporation, and SimpliVity Corporation.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, architecture up gradation, market expansion, and marketing tactics
The global next generation data storage market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global next generation data storage market
Detailed Segmentation:
Global Next Generation Data Storage Market, By Type:
Direct Attached Storage (DAS)
Network Attached Storage (NAS)
Storage Area Network (SAN)
Global Next Generation Data Storage Market, By Architecture:
File Storage
Object Storage
Block Storage
Global Next Generation Data Storage Market, By Storage Medium:
Tape
Hard Disk Drive(HDD)
Solid State Drive (SSD)
Global Next Generation Data Storage Market, By Deployment:
On-premise
Cloud
Global Next Generation Data Storage Market, By Deployment:
BFSI
Government
Retail
IT and Telecommunication
Manufacturing
Healthcare
Education
Media and Entertainment
Global Next Generation Data Storage Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Avago Technologies*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Dell
Drobo
EMC Corporation
Hewlett-Packard Development Company
Hitachi Data Systems
IBM Corporation
Micron Technology
Nutanix
Toshiba Corporation
Quantum Corporation
SimpliVity Corporation
Browse all the market data tables and figures on “Global Next Generation Data Storage Market - Forecast to 2027”
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook