Global Server Storage Market 2024-2028
The server storage market is forecasted to grow by USD 87.66 bn during 2023-2028, accelerating at a CAGR of 27.06% during the forecast period. The report on the server storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for edge computing, increasing investments in data centers, and growing demand for artificial intelligence (AI).
Technavio's server storage market is segmented as below:
By End-user
By Type
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of hyper-converged infrastructure as one of the prime reasons driving the server storage market growth during the next few years. Also, increasing demand for high-performance computing in various data-intensive industries and advancement in server technology to support AI, machine learning, and deep learning will lead to sizable demand in the market.
The report on the server storage market covers the following areas:
- Server storage market sizing
- Server storage market forecast
- Server storage market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading server storage market vendors that include Alphabet Inc., Amazon.com Inc., Apple Inc., Cisco Systems Inc., Cloud Software Group Inc., DataCore Software Corp., DataDirect Networks Inc., Dell Technologies Inc., Gigabyte Technology Co. Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Jair Network and Services Pvt. Ltd., Microsoft Corp., NetApp Inc., Nutanix Inc., NVIDIA Corp., Pure Storage Inc., Scale Computing, StorMagic, TATWA Technologies Ltd., and velia.net Internetdienste GmbH . Also, the server storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.