Next-Generation Data Storage Market expected to grow $81.0 Billion by 2025
Technology Research & Development
Updated on Jul 8, 2022
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The report "Next-Generation Data Storage Market by Storage System (Direct-Attached, Network-Attached, Storage Area Network), Storage Architecture (File- & Object-Based, Block), Storage Medium (SSD, HDD, Tape), & End User - Global Forecast to 2025", is estimated to grow from USD 53.9 billion by 2020 to USD 81.0 billion by 2025 at a CAGR of 8.5%. The significant drivers for this market remember the monstrous development for computerized information volume; multiplied utilization of cell phones, workstations, and tablets; development of IoT market; and expanding infiltration of top of the line distributed computing.• Informational PDF Brochure :-
Browse 179 market data Tables and 66 Figures spread through 221 Pages and in-depth TOC on "Next-Generation Data Storage Market & End User - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/next-generation-data-storage-market-12592401.html
Storage area network to hold largest share of next-generation data storage market during forecast period
Capacity region network is supposed to hold the biggest portion of the cutting edge information capacity market during 2020-2025. As a rising number of organizations have begun using cloud-based administrations to store their information with the utilization of virtual servers, organizations mean to extend their capacity limits past existing infrastructural abilities. SAN innovation is generally utilized by cloud innovation makers because of its capacity to associate enormous quantities of servers to capacity gadgets.
Growing data generation by large enterprises is expected to drive the market for File- and object-based storage architecture
Record and item based capacity (FOBS) is supposed to hold the biggest portion of the cutting edge information capacity market during 2020-2025. Quickly developing information age by enormous undertakings is prompting an expanded requirement for FOBS to deal with those immense volumes of information. These colossal volumes of organized and unstructured information, including photographs, recordings, sound documents, and different media, are producing significant market open doors for document and item based capacity market players.
North America to hold largest size of next-generation data storage market during forecast period due to rapid technological advancements in the region
North America is supposed to represent the biggest portion of the market by 2020. The rising volume of unstructured information across different ventures and quick mechanical progressions have prompted an expanded interest for the safe, solid, and cost-proficient capacity framework in North America. The area, being the early adopter of cutting edge information capacity advancements, catches the biggest portion of the cutting edge information capacity market.
By Storage System
- Direct Attached Storage (DAS)
- Network Attached Storage (NAS)
- Storage Area Network (SAN)
By End User
- Cloud Service Providers
The companies profiled in this report are
- Hewlett Packard Enterprise Company (US),
- Dell Inc. (US),
- NetApp, Inc. (US),
- International Business Machines Corporation (US),
- Toshiba Corporation (Japan) and many more.
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