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Next-Generation Data Storage Market by System, Architecture, Technology, and Industry - Global Forecast to 2022

Next-Generation Data Storage Market: Global Forecast until 2022

  • November 2016
  • 171 pages
  • ID: 4298852
In this report:
Other leading companies, namely, Hitachi Ltd. (Japan) and IBM Corp. (U.S.) accounted for ##% and ##.##%, respectively, of the market share in 2015.
The next-generation data storage market for SAN systems was valued at USD ##,##.## million across different end-user industries in 2015 and is expected to reach USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period.


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"Next-generation data storage market is anticipated to grow at a CAGR (Compound annual growth rate) of ~16.8 percent between 2016 and 2022."

The next-generation data storage market has entered the increase phase and is anticipated to grow further in the next years. The industry is anticipated to be valued at ~$144.8B by 2022, at a compound annual growth rate of ~16.8 percent between 2016 and 2022. The drivers for this industry are the growing volume of digital data, rising proliferation of smartphones, laptops, and tablets, and increase of the Internet of Things market. The main restraint for this sector is the lack of data security in cloud and server-based services.

"The next-generation data storage market for cloud storage is anticipated to increase at the maximal rate during the outlook period."

The sector for cloud storage is anticipated to rise at the highest CAGR (Compound annual growth rate) during the estimate period. The main factors driving the next-generation data storage market for cloud storage systems contain growing demand for hybrid cloud storage, increasing need for enterprise mobility, and ease of deployment of cloud storage solutions.

"File- and object-based storage recorded for the most important share of the next-generation data storage market in 2015."

The industry demand for FOBS is increasing because of its requirement in data center trends including big data analytics, cloud storage technology, and so on. FOBS offers easy sync, share, and distribution of data. Through data management software, big amount of data can be stored at low cost on a read-only basis. Accordingly, FOBS recorded for the biggest share of the next-generation data storage market in 2015.

"RoW is anticipated to be the quickest developing market for next-generation data storage during the outlook period."

The industry in RoW is anticipated to grow at the highest compound annual growth rate (CAGR) because Brazil (BR) and other Middle Eastern countries are anticipated to grow considerably in manufacturing, energy, and other sectors, generating demand for data storage.

Breakdown of Primaries

- By Company category: Tier 1-33 %, Tier 2-45.0 percent, and Tier 3-22.0 percent

- By Designation: C-level Executives-33%, Directors-25%, and Others-42%

- By area: North America-35%, Europe-29%, APAC-24%, and RoW-12%

Segment Research

The study segments in the next-generation data storage market report are: storage system wich contains direct-attached storage, network-attached storage, and storage area network, software-defined storage, cloud storage, and unified storage; storage architecture which consists of file- and object-based storage and block storage; and storage technology which comprises magnetic storage, solid-state storage, and others containing holographic storage and optical storage.

The market research also includes end-user sector and geographic forecast with regard to four main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and RoW.

Why acquiring this study can help you

1. This document breaks down the next-generation data storage market comprehensively and offers the closest approximations of the global market size and those of the subsegments across distinct applications and localities.

2. The market research benefits partners to apprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

This industry report would benefit partners to comprehend their players better and acquire additional insights to improve their rank in the sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers and acquisitions in the next-generation data storage market

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