Personal and Entry Level Storage (PELS) Market, By Product Type (Recordable Discs, Flash Drives, Hard Disk Drives (HDDs), Solid State Drives (SSDs) and Cloud Based Storage), By Technology (SAS, DAS, NAS, Cloud Storage Technology and Others (IP based stora

Personal and Entry Level Storage (PELS) Market, By Product Type (Recordable Discs, Flash Drives, Hard Disk Drives (HDDs), Solid State Drives (SSDs) and Cloud Based Storage), By Technology (SAS, DAS, NAS, Cloud Storage Technology and Others (IP based storage, fiber channel storage, etc.)), By Application (Financial Services, Media and Entertainment, Healthcare and Life Sciences, Public Sector and Others (Communications, Internet Services, etc.) ), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

The personnel and entry-level storage (PELS) are used to manage large amounts of data generated by applications. There are different types of data storage systems and technologies available for this purpose. Some important data storage systems include hard disks, solid-state drives, flash memories, CDs, and DVDs among others. Increased penetration of the internet and a rise in the volume of digital data is expected to drive market growth during the forecast period.

The global personal and entry-level storage market is estimated to account for US$ 546.7 Mn in terms of value by the end of 2030.

Market Dynamics

Asia Pacific is expected to show significant growth and is projected to be the fastest growing region during the forecast period. The governments of countries in the Asia Pacific region are focused on investing in research and development and increasing demand from IT and telecom sector. The large amount of data is generated by IT and telecom which is required to be stored and managed in efficient manner. Moreover, rising demand for security upgradation and government efforts to standardize the security policies are some of the factors that increase demand for personnel and entry level storage (PELS) market. For instance, in March 2019, Huawei Technologies Co. Ltd. launched Telco Cloud Networking Solution. This solution provides 400G data center network in the industry and allows carriers to offer innovative services such as 5G, Internet of Things (IoT), and Virtual Reality (VR).

Growing awareness towards data storage is expected to propel the global personal and entry level storage (PELS) market growth over the forecast period. It is essential to protect data from physical damages and theft, in order to maintain its integrity. This can be done by limiting access to the data. Accidental data deletion, error in reading data, and data loss due to hardware malfunction are some important reasons driving the need for data backup. Thus, growing concerns towards data storage and data backup are generating the requirement for data storage equipment. These factors are expected to propel the global personal and entry level storage (PELS) market growth in the near future.

Key features of the study:

• This report provides an in-depth analysis of the global personal and entry level storage (PELS) market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), 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 personal and entry level storage (PELS) 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 personal and entry level storage (PELS) market are IBM Corporation, Cisco Systems Inc., EMC Corporation, Symantec Corporation, NetApp Inc., Hitachi Data Systems (HDS), Hewlett-Packard Company, Toshiba Corporation, Dell Inc., Seagate Technology, and Western Digital Corporation.
• The market players are focusing on strategic collaborations 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, technology upgradation, market expansion, and marketing tactics
• The global Personal and Entry Level storage (PELS) 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 personal and entry level storage (PELS) market.

Detailed Segmentation

• Global Personal and Entry Level storage (PELS) Market, By Product Type:
• Recordable Discs
• Flash Drives
• Hard Disk Drives (HDDs)
• Solid State Drives (SSDs)
• Cloud Based Storage
• Global Personal and Entry Level storage (PELS) Market, By Technology:
• Serial Attached SCSI (SAS)
• Direct Attached Storage (DAS)
• Network Attached Storage (NAS)
• Cloud Storage Technology
• Others (IP Based Storage, Fiber Channel Storage)
• Global Personal and Entry Level storage (PELS) Market, By Application:
• Financial Services
• Media and Entertainment
• Healthcare and Life Sciences
• Public Sector
• Others (Communications, Internet Services, etc.)
• Global Personal and Entry Level storage (PELS) Market, By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• IBM Corporation*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Cisco Systems Inc.,
• EMC Corporation,
• Symantec Corporation,
• NetApp Inc.
• Hitachi Data Systems (HDS)
• Hewlett-Packard Company
• Toshiba Corporation
• Dell Inc.
• Seagate Technology
• Western Digital Corporation

“*” marked represents similar segmentation in other categories in the respective section.