The North America Next Generation Storage Market size is estimated at USD 25.59 billion in 2024, and is expected to reach USD 34.65 billion by 2029, growing at a CAGR of 6.29% during the forecast period (2024-2029).
The North America next-generation storage market is essentially concentrated, with technology behemoths wielding dominance through cutting-edge technology and experience. Companies frequently introduce new products with innovations and advances to stay competitive. Major market participants use a range of techniques to stay competitive, including acquisitions, partnerships, investments, mergers, and technology developments and introductions.
In November 2022, ATTO Technology, Inc., a global network, storage connectivity, and infrastructure solutions provider, announced its collaboration with AC&NC, on-premise data storage, to offer a developed, high-performance storage solution to 5600 °K productions, a film and video services provider. The solution includes a JetStor 816FX Fibre Channel Storage Area Network platform along with 16 12 TB SAS drives and the company's Celerity 16 Gb/s Fibre Channel Host Bus Adapters.
In June 2022, StorCentric, a data-centric security provider, announced the general availability (GA) launch of Nexsan EZ-NAS, network attached storage (NAS). It is designed for small and medium-sized businesses (SMBs) and large enterprises' edge deployments. The platform offers advanced enterprise-class features such as AD support, in-line compression, and data-at-rest encryption.
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