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.) ) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The personnel and entry level storage (PELS) is used to manage large amount 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, and CDs, and DVDs among others. Increased penetration of internet and rise in the volume of digital data is expected to drive market growth during the forecast period.
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 2021, 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.
Market Taxonomy
This report segments the global personal and entry level storage (PELS) market on the basis of product type, technology, application and region. On the basis of product type, the global Personal and Entry Level storage (PELS) market is segmented into recordable discs, flash drives, Hard Disk Drives (HDDs), Solid State Drives (SSDs) and cloud based storage. On the basis of technology, the global Personal and Entry Level storage (PELS) market is segmented into SAS, DAS, NAS, cloud storage technology and others (IP based storage, fiber channel storage, etc.) On the basis of application, the global personal and entry level storage (PELS) market is segmented into financial services, media and entertainment, healthcare and life sciences, public sector and others (communications, internet services, etc.). On the basis of region, the global personal and entry level storage (PELS) market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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$ billion) 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 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:
SAS
DAS
NAS
Cloud Storage Technology
Others (IP based storage, fiber channel storage, etc.)
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
Africa
Company Profiles
IBM Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
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
*Browse all the market data tables and figures on “Global Personal and Entry Level storage (PELS) Market- Forecast to 2027”