The Italy Data Center Storage Market size is estimated at USD 0.46 billion in 2024, and is expected to reach USD 0.85 billion by 2029, growing at a CAGR of 10.63% during the forecast period (2024-2029).
The upcoming DC construction projects in the country are poised to significantly boost the demand for the Italy Data Center Storage Market in the coming years. The market is moderately consolidated, featuring key players such as Dell Inc., Hewlett Packard Enterprise, NetApp Inc., Huawei Technologies Co. Ltd., and Hitachi Vantara LLC. These industry leaders, commanding a substantial market share, are strategically focused on expanding their regional customer base.
In June 2023, Hitachi Vantara, a distinguished subsidiary of Hitachi, Ltd., specializing in infrastructure, data management, and digital solutions, announced two global partnership agreements with Cisco. These collaborations will facilitate the seamless integration of Cisco technologies into Hitachi Vantara's storage products, positioning the company as a leading provider of data center infrastructure and hybrid cloud-managed services. This move will further solidify its presence in the Vantara Service Provider and Technology Integrator (STI) Partner programs.
Also, in June 2023, Pure Storage, a significant player in data storage technology and services, revealed the expansion of its Pure//E family of products with the introduction of FlashArray//E. This new addition to the product line is designed to offer customers an impressive 80% reduction in energy and space costs, along with a 60% decrease in operational costs compared to traditional disk storage. Additionally, FlashArray//E boasts an 85% reduction in e-waste, making it a sustainable choice for environmentally conscious businesses.
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