Storage in Big Data Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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from $4,995	235 Pages	Fairfield Market Research	February, 2024	FCSL18560567

Best Price Guarantee
Price	from $4,995
Length	235 Pages
Publisher	Fairfield Market Research
Published Date	February, 2024
SKU	FCSL18560567

Storage in Big Data Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Cutting-edge Technologies and Digitization Drive Market Growth

The global storage in big data market is witnessing remarkable growth, fueled by the digitization of records worldwide and the increasing adoption of software-based storage options. According to the latest research, the market is expected to expand at a Compound Annual Growth Rate (CAGR) of 22% over the forecast period (2024-2031).

Digitization Driving Market Expansion

The primary driver behind this surge is the digitization of records, propelled by recent government regulations across various countries. Companies, particularly in the healthcare sector, are swiftly transitioning towards digital record maintenance. This shift is not only streamlining operations but also leading to increased adoption of various data storage options.

Software-Based Storage Options and Connected Devices Fueling Growth

Moreover, the increasing adoption of software-based storage solutions and the proliferation of connected devices are further propelling the market growth. Leading market players are integrating predictive analytics with storage systems and strategically positioning storage servers close to end-users to reduce latency time.

Challenges and Restraints

Despite the promising growth trajectory, the market faces challenges such as macroeconomic factors including reduced budgets for data storage and the high total cost of ownership of flash storage. Additionally, improper data representation poses a threat to market growth, emphasizing the need for robust data management solutions.

Segment Analysis: Hardware, Software, and Services

The global storage in big data market is segmented into Hardware, Software, and Services segments. While the Hardware segment is projected to remain the most attractive in terms of revenue, the Services segment is expected to witness high Year-on-Year (Y-o-Y) growth rates throughout the forecast period.

Industry Verticals Driving Market Growth

In terms of industry verticals, the Banking, Financial Services, and Insurance (BFSI) sector are anticipated to lead the market by 2031. However, the Information Technology (IT) and Telecommunications segment are poised to be the most attractive segment in the global storage in big data market during the forecast period.

Regional Analysis: North America, Latin America, Europe, Asia Pacific, Japan, and Middle East & Africa

Regionally, Latin America is projected to emerge as the most attractive region in the global storage in big data market. However, Western Europe is expected to register high Y-o-Y growth rates throughout the forecast period. North America, with its relatively high market share, is expected to remain dominant in terms of revenue, while Western Europe is anticipated to exhibit the highest CAGR during the forecast period.

Competitive Analysis

Some of the key players driving innovation in the global storage in big data market include Google Inc., Microsoft Corporation, Amazon Web Services Inc., VMware Inc., IBM Corporation, Dell EMC, SAS Institute Inc., Oracle Corporation, SAP SE, Teradata Corporation, Hewlett Packard Enterprise, Hitachi Data Systems Corporation, and MemSQL Inc. These companies are employing various strategies such as increasing global investment in cloud services, providing hybrid storage solutions, and collaborating with technology partners to expand their market presence and enhance customer base globally.

Market Segmentation

By Segment
• Hardware Segment

o DAS – internal (OEM)

o DAS – external (OEM)

o DAS – other (ODM Direct)

o ESCON/FICON

o NAS

o SAN

o Tape Systems and Media
• Software Segment
• Services Segment

By Industry
• BFSI
• IT and Telecommunications
• Transportation, Logistics & Retail
• Healthcare and Medical
• Media and Entertainment
• Others

Region
• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• Middle East & Africa (MEA)

Please note: The PDF e-mail from publisher version of this report is for a global site license. Delivery Timelines - 5 working days.

1. Executive Summary: 1.1. Global Storage in Big Data Market Snapshot; 1.2. Future Projections; 1.3. Key Market Trends; 1.4. Regional Snapshot, by Value, 2023; 1.5. Analyst Recommendations
2. Market Overview: 2.1. Market Definitions and Segmentations; 2.2. Market Dynamics; 2.2.1. Drivers; 2.2.2. Restraints; 2.2.3. Market Opportunities; 2.3. Value Chain Analysis; 2.4. Porter’s Five Forces Analysis; 2.5. COVID-19 Impact Analysis; 2.5.1. Supply; 2.5.2. Demand; 2.6. Impact of Ukraine-Russia Conflict; 2.7. Economic Overview; 2.7.1. World Economic Projections; 2.8. PESTLE Analysis
3. Global Storage in Big Data Market Outlook, 2018 – 2031: 3.1. Global Storage in Big Data Market Outlook, by Segment, Value (US$ Bn), 2018 – 2031; 3.1.1. Key Highlights; 3.1.1.1. Hardware Segment; 3.1.1.1.1. DAS - internal (OEM); 3.1.1.1.2. DAS - external (OEM); 3.1.1.1.3. DAS - other (ODM Direct); 3.1.1.1.4. ESCON/FICON; 3.1.1.1.5. NAS; 3.1.1.1.6. SAN; 3.1.1.1.7. Tape Systems and Media; 3.1.1.2. Software Segment; 3.1.1.3. Services Segment; 3.2. Global Storage in Big Data Market Outlook, by Industry, Value (US$ Bn), 2018 – 2031; 3.2.1. Key Highlights; 3.2.1.1. BFSI; 3.2.1.2. IT and Telecommunications; 3.2.1.3. Transportation, Logistics & Retail; 3.2.1.4. Healthcare and Medical; 3.2.1.5. Media and Entertainment; 3.2.1.6. Others; 3.3. Global Storage in Big Data Market Outlook, by Region, Value (US$ Bn), 2018 – 2031; 3.3.1. Key Highlights; 3.3.1.1. North America; 3.3.1.2. Europe; 3.3.1.3. Asia Pacific; 3.3.1.4. Latin America; 3.3.1.5. Middle East & Africa
4. North America Storage in Big Data Market Outlook, 2018 – 2031: 4.1. North America Storage in Big Data Market Outlook, by Segment, Value (US$ Bn), 2018 – 2031; 4.1.1. Key Highlights; 4.1.1.1. Hardware Segment; 4.1.1.1.1. DAS - internal (OEM); 4.1.1.1.2. DAS - external (OEM); 4.1.1.1.3. DAS - other (ODM Direct); 4.1.1.1.4. ESCON/FICON; 4.1.1.1.5. NAS; 4.1.1.1.6. SAN; 4.1.1.1.7. Tape Systems and Media; 4.1.1.2. Software Segment; 4.1.1.3. Services Segment; 4.2. North America Storage in Big Data Market Outlook, by Industry, Value (US$ Bn), 2018 – 2031; 4.2.1. Key Highlights; 4.2.1.1. BFSI; 4.2.1.2. IT and Telecommunications; 4.2.1.3. Transportation, Logistics & Retail; 4.2.1.4. Healthcare and Medical; 4.2.1.5. Media and Entertainment; 4.2.1.6. Others; 4.3. North America Storage in Big Data Market Outlook, by Country, Value (US$ Bn), 2018 – 2031; 4.3.1. Key Highlights; 4.3.1.1. U.S. Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 4.3.1.2. U.S. Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 4.3.1.3. Canada Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 4.3.1.4. Canada Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Storage in Big Data Market Outlook, 2018 – 2031: 5.1. Europe Storage in Big Data Market Outlook, by Segment, Value (US$ Bn), 2018 – 2031; 5.1.1. Key Highlights; 5.1.1.1. Hardware Segment; 5.1.1.1.1. DAS - internal (OEM); 5.1.1.1.2. DAS - external (OEM); 5.1.1.1.3. DAS - other (ODM Direct); 5.1.1.1.4. ESCON/FICON; 5.1.1.1.5. NAS; 5.1.1.1.6. SAN; 5.1.1.1.7. Tape Systems and Media; 5.1.1.2. Software Segment; 5.1.1.3. Services Segment; 5.2. Europe Storage in Big Data Market Outlook, by Industry, Value (US$ Bn), 2018 – 2031; 5.2.1. Key Highlights; 5.2.1.1. BFSI; 5.2.1.2. IT and Telecommunications; 5.2.1.3. Transportation, Logistics & Retail; 5.2.1.4. Healthcare and Medical; 5.2.1.5. Media and Entertainment; 5.2.1.6. Others; 5.2.2. BPS Analysis/Market Attractiveness Analysis; 5.3. Europe Storage in Big Data Market Outlook, by Country, Value (US$ Bn), 2018 – 2031; 5.3.1. Key Highlights; 5.3.1.1. Germany Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.2. Germany Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.1.3. U.K. Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.4. U.K. Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.1.5. France Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.6. France Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.1.7. Italy Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.8. Italy Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.1.9. Turkey Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.10. Turkey Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.1.11. Russia Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.12. Russia Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.1.13. Rest of Europe Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 5.3.1.14. Rest of Europe Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Storage in Big Data Market Outlook, 2018 – 2031: 6.1. Asia Pacific Storage in Big Data Market Outlook, by Segment, Value (US$ Bn), 2018 – 2031; 6.1.1. Key Highlights; 6.1.1.1. Hardware Segment; 6.1.1.1.1. DAS - internal (OEM); 6.1.1.1.2. DAS - external (OEM); 6.1.1.1.3. DAS - other (ODM Direct); 6.1.1.1.4. ESCON/FICON; 6.1.1.1.5. NAS; 6.1.1.1.6. SAN; 6.1.1.1.7. Tape Systems and Media; 6.1.1.2. Software Segment; 6.1.1.3. Services Segment; 6.2. Asia Pacific Storage in Big Data Market Outlook, by Industry, Value (US$ Bn), 2018 – 2031; 6.2.1. Key Highlights; 6.2.1.1. BFSI; 6.2.1.2. IT and Telecommunications; 6.2.1.3. Transportation, Logistics & Retail; 6.2.1.4. Healthcare and Medical; 6.2.1.5. Media and Entertainment; 6.2.1.6. Others; 6.2.2. BPS Analysis/Market Attractiveness Analysis; 6.3. Asia Pacific Storage in Big Data Market Outlook, by Country, Value (US$ Bn), 2018 – 2031; 6.3.1. Key Highlights; 6.3.1.1. China Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 6.3.1.2. China Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 6.3.1.3. Japan Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 6.3.1.4. Japan Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 6.3.1.5. South Korea Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 6.3.1.6. South Korea Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 6.3.1.7. India Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 6.3.1.8. India Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 6.3.1.9. Southeast Asia Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 6.3.1.10. Southeast Asia Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 6.3.1.11. Rest of Asia Pacific Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 6.3.1.12. Rest of Asia Pacific Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Storage in Big Data Market Outlook, 2018 – 2031: 7.1. Latin America Storage in Big Data Market Outlook, by Segment, Value (US$ Bn), 2018 – 2031; 7.1.1. Key Highlights; 7.1.1.1. Hardware Segment; 7.1.1.1.1. DAS - internal (OEM); 7.1.1.1.2. DAS - external (OEM); 7.1.1.1.3. DAS - other (ODM Direct); 7.1.1.1.4. ESCON/FICON; 7.1.1.1.5. NAS; 7.1.1.1.6. SAN; 7.1.1.1.7. Tape Systems and Media; 7.1.1.2. Software Segment; 7.1.1.3. Services Segment; 7.2. Latin America Storage in Big Data Market Outlook, by Industry, Value (US$ Bn), 2018 – 2031; 7.2.1.1. BFSI; 7.2.1.2. IT and Telecommunications; 7.2.1.3. Transportation, Logistics & Retail; 7.2.1.4. Healthcare and Medical; 7.2.1.5. Media and Entertainment; 7.2.1.6. Others; 7.2.2. BPS Analysis/Market Attractiveness Analysis; 7.3. Latin America Storage in Big Data Market Outlook, by Country, Value (US$ Bn), 2018 – 2031; 7.3.1. Key Highlights; 7.3.1.1. Brazil Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 7.3.1.2. Brazil Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 7.3.1.3. Mexico Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 7.3.1.4. Mexico Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 7.3.1.5. Argentina Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 7.3.1.6. Argentina Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 7.3.1.7. Rest of Latin America Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 7.3.1.8. Rest of Latin America Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Storage in Big Data Market Outlook, 2018 – 2031: 8.1. Middle East & Africa Storage in Big Data Market Outlook, by Segment, Value (US$ Bn), 2018 – 2031; 8.1.1. Key Highlights; 8.1.1.1. Hardware Segment; 8.1.1.1.1. DAS - internal (OEM); 8.1.1.1.2. DAS - external (OEM); 8.1.1.1.3. DAS - other (ODM Direct); 8.1.1.1.4. ESCON/FICON; 8.1.1.1.5. NAS; 8.1.1.1.6. SAN; 8.1.1.1.7. Tape Systems and Media; 8.1.1.2. Software Segment; 8.1.1.3. Services Segment; 8.2. Middle East & Africa Storage in Big Data Market Outlook, by Industry, Value (US$ Bn), 2018 – 2031; 8.2.1. Key Highlights; 8.2.1.1. BFSI; 8.2.1.2. IT and Telecommunications; 8.2.1.3. Transportation, Logistics & Retail; 8.2.1.4. Healthcare and Medical; 8.2.1.5. Media and Entertainment; 8.2.1.6. Others; 8.2.2. BPS Analysis/Market Attractiveness Analysis; 8.3. Middle East & Africa Storage in Big Data Market Outlook, by Country, Value (US$ Bn), 2018 – 2031; 8.3.1. Key Highlights; 8.3.1.1. GCC Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 8.3.1.2. GCC Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 8.3.1.3. South Africa Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 8.3.1.4. South Africa Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 8.3.1.5. Egypt Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 8.3.1.6. Egypt Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 8.3.1.7. Nigeria Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 8.3.1.8. Nigeria Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 8.3.1.9. Rest of Middle East & Africa Storage in Big Data Market by Segment, Value (US$ Bn), 2018 – 2031; 8.3.1.10. Rest of Middle East & Africa Storage in Big Data Market by Industry, Value (US$ Bn), 2018 – 2031; 8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape: 9.1. Manufacturer vs by Industry Heatmap; 9.2. Company Market Share Analysis, 2023; 9.3. Competitive Dashboard; 9.4. Company Profiles; 9.4.1. Google Inc.; 9.4.1.1. Company Overview; 9.4.1.2. Segment Portfolio; 9.4.1.3. Financial Overview; 9.4.1.4. Business Strategies and Development; 9.4.2. Microsoft Corporation; 9.4.2.1. Company Overview; 9.4.2.2. Segment Portfolio; 9.4.2.3. Financial Overview; 9.4.2.4. Business Strategies and Development; 9.4.3. Amazon Web Services, Inc.; 9.4.3.1. Company Overview; 9.4.3.2. Segment Portfolio; 9.4.3.3. Financial Overview; 9.4.3.4. Business Strategies and Development; 9.4.4. VMware, Inc.; 9.4.4.1. Company Overview; 9.4.4.2. Segment Portfolio; 9.4.4.3. Financial Overview; 9.4.4.4. Business Strategies and Development; 9.4.5. IBM Corporation; 9.4.5.1. Company Overview; 9.4.5.2. Segment Portfolio; 9.4.5.3. Financial Overview; 9.4.5.4. Business Strategies and Development; 9.4.6. Dell EMC; 9.4.6.1. Company Overview; 9.4.6.2. Segment Portfolio; 9.4.6.3. Financial Overview; 9.4.6.4. Business Strategies and Development; 9.4.7. SAS Institute Inc.; 9.4.7.1. Company Overview; 9.4.7.2. Segment Portfolio; 9.4.7.3. Financial Overview; 9.4.7.4. Business Strategies and Development; 9.4.8. Oracle Corporation; 9.4.8.1. Company Overview; 9.4.8.2. Segment Portfolio; 9.4.8.3. Financial Overview; 9.4.8.4. Business Strategies and Development; 9.4.9. SAP SE; 9.4.9.1. Company Overview; 9.4.9.2. Segment Portfolio; 9.4.9.3. Financial Overview; 9.4.9.4. Business Strategies and Development; 9.4.10. Teradata Corporation; 9.4.10.1. Company Overview; 9.4.10.2. Segment Portfolio; 9.4.10.3. Financial Overview; 9.4.10.4. Business Strategies and Development; 9.4.11. Hewlett Packard Enterprise; 9.4.11.1. Company Overview; 9.4.11.2. Segment Portfolio; 9.4.11.3. Financial Overview; 9.4.11.4. Business Strategies and Development; 9.4.12. Hitachi Data Systems Corporation; 9.4.12.1. Company Overview; 9.4.12.2. Segment Portfolio; 9.4.12.3. Financial Overview; 9.4.12.4. Business Strategies and Development; 9.4.13. MemSQL Inc.; 9.4.13.1. Company Overview; 9.4.13.2. Segment Portfolio; 9.4.13.3. Financial Overview; 9.4.13.4. Business Strategies and Development
10. Appendix: 10.1. Research Methodology; 10.2. Report Assumptions; 10.3. Acronyms and Abbreviations

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