Data Center Storage Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A data center storage system is a type of warehouse to store business data for a particular purpose and period by the end-user. This data can be shared by fetching data from the storage servers and forwarding it to the desired individual. The data center storage comprises of HDD and SSD devices that are commonly used in SAN, NAS, and DAS environments. The stored data can be either archived or used as a backup in case of a tragedy or system failure.
MARKET DYNAMICS
The growth in the deployment of edge computing is the primary factor driving the growth of the data center storage market. However, High investment cost and concern related to security is the major factor which may restrain the growth of the data center storage market. Additionally, increasing volume, veracity, velocity, and variety (4vs) of data is anticipated to fuel the growth of the global data center storage market.
MARKET SCOPE
The "Global Data Center Storage Market Analysis to 2028" is a specialized and in-depth study of the data center storage market with a special focus on the global market trend analysis. The report aims to provide an overview of data center storage market with detailed market segmentation by storage system, application. The global data center storage market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data center storage market players and offers key trends and opportunities in the data center storage market.
MARKET SEGMENTATION
The global data center storage market is segmented on the basis of storage system, application. On the basis of storage system, the market is segmented as storage area network (SAN), network-attached storage (NAS), direct-attached storage (DAS). On the basis of application, the market is segmented as IT and telecommunications, BFSI, government, healthcare, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data center storage market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data center storage market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting data center storage market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the data center storage market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data center storage market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data center storage market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting data center storage market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the data center storage market in these regions.
MARKET PLAYERS
The reports cover key developments in the data center storage market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from data center storage market are anticipated to lucrative growth opportunities in the future with the rising demand for data center storage market. Below mentioned is the list of few companies engaged in the data center storage market.
The report also includes the profiles of key data center storage market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- IBM Corporation
- Dell Inc.
- Hewlett Packard Enterprise
- NetApp
- DataDirect Networks
- Fujitsu Limited
- Oracle Corporation
- Netgear
- Hitachi Data Systems
- Toshiba Corporation
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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TABLE OF CONTENTS
1. INTRODUCTION
1.1. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. DATA CENTER STORAGE MARKET LANDSCAPE
3.1. OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Data Center Storage Market – By Storage System
3.2.2. Data Center Storage Market – By Region
3.2.2.1. By Countries
3.2.3. PEST Analysis
3.2.3.1. North America – PEST Analysis
3.2.3.2. Europe – PEST Analysis
3.2.3.3. Asia Pacific (APAC) – PEST Analysis
3.2.3.4. Middle East & Africa (MEA) – PEST Analysis
3.2.3.5. South America (SAM)– PEST Analysis
4. DATA CENTER STORAGE MARKET – KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
5. DATA CENTER STORAGE MARKET – GLOBAL MARKET ANALYSIS
5.1. DATA CENTER STORAGE - GLOBAL MARKET OVERVIEW
5.2. DATA CENTER STORAGE - GLOBAL MARKET AND FORECAST TO 2028
6. DATA CENTER STORAGE MARKET REVENUE AND FORECASTS TO 2028 – STORAGE SYSTEM
6.1. OVERVIEW
6.2. STORAGE SYSTEM MARKET FORECASTS AND ANALYSIS
6.3. STORAGE AREA NETWORK (SAN) MARKET
6.3.1. Overview
6.3.2. Storage Area Network (SAN) market forecast and analysis
6.4. NETWORK-ATTACHED STORAGE (NAS) MARKET
6.4.1. Overview
6.4.2. Network-Attached Storage (NAS) market forecast and analysis
6.5. DIRECT-ATTACHED STORAGE (DAS) MARKET
6.5.1. Overview
6.5.2. Direct-Attached Storage (DAS) market forecast and analysis
7. DATA CENTER STORAGE MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
7.1. NORTH AMERICA
7.1.1. North America Data Center Storage Market Overview
7.1.2. North America Data Center Storage Market Forecasts and Analysis
7.1.3. North America Market Forecasts and Analysis – By Countries
7.1.3.1. US market
7.1.3.2. Canada market
7.1.3.3. Mexico market
7.1.4. North America Market Forecasts and Analysis – By Storage System
7.2. EUROPE
7.2.1. Europe Data Center Storage Market Overview
7.2.2. Europe Data Center Storage Market Forecasts and Analysis
7.2.3. Europe Market Forecasts and Analysis – By Countries
7.2.3.1. France market
7.2.3.2. Germany market
7.2.3.3. Italy market
7.2.3.4. Spain market
7.2.3.5. UK market
7.2.3.6. Rest of Europe
7.2.4. Europe Market Forecasts and Analysis – By Storage System
7.3. ASIA PACIFIC (APAC)
7.3.1. Asia Pacific Data Center Storage Market Overview
7.3.2. Asia Pacific Data Center Storage Market Forecasts and Analysis
7.3.3. Asia Pacific Market Forecasts and Analysis – By Countries
7.3.3.1. Australia market
7.3.3.2. China market
7.3.3.3. India market
7.3.3.4. Japan market
7.3.3.5. Rest of APAC
7.3.4. Asia Pacific Market Forecasts and Analysis – By Storage System
7.4. MIDDLE EAST AND AFRICA (MEA)
7.4.1. Middle East and Africa Data Center Storage Market Overview
7.4.2. Middle East and Africa Data Center Storage Market Forecasts and Analysis
7.4.3. Middle East and Africa Market Forecasts and Analysis – By Countries
7.4.3.1. South Africa market
7.4.3.2. Saudi Arabia market
7.4.3.3. UAE market
7.4.3.4. Rest of MEA
7.4.4. Middle East and Africa Market Forecasts and Analysis – By Storage System
7.5. SOUTH AMERICA (SAM)
7.5.1. South America Data Center Storage Market Overview
7.5.2. South America Data Center Storage Market Forecasts and Analysis
7.5.3. South America Market Forecasts and Analysis – By Countries
7.5.3.1. Brazil market
7.5.3.2. Rest of SAM
7.5.4. South America Market Forecasts and Analysis – By Storage System
8. INDUSTRY LANDSCAPE
8.1. MERGERS & ACQUISITIONS
8.2. MARKET INITIATIVES
8.3. NEW DEVELOPMENTS
8.4. INVESTMENT SCENARIOS
9. COMPETITIVE LANDSCAPE
9.1. COMPETITIVE INDUSTRY MAPPING
9.2. MARKET POSITIONING/ MARKET SHARE
10. DATA CENTER STORAGE MARKET, KEY COMPANY PROFILES
10.1. IBM CORPORATION
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Financial Overview
10.1.4. SWOT Analysis
10.1.5. Key Developments
10.2. DELL INC.
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Financial Overview
10.2.4. SWOT Analysis
10.2.5. Key Developments
10.3. HEWLETT PACKARD ENTERPRISE
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Financial Overview
10.3.4. SWOT Analysis
10.3.5. Key Developments
10.4. NETAPP
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Financial Overview
10.4.4. SWOT Analysis
10.4.5. Key Developments
10.5. DATADIRECT NETWORKS
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Financial Overview
10.5.4. SWOT Analysis
10.5.5. Key Developments
10.6. FUJITSU LIMITED
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Financial Overview
10.6.4. SWOT Analysis
10.6.5. Key Developments
10.7. ORACLE CORPORATION
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Financial Overview
10.7.4. SWOT Analysis
10.7.5. Key Developments
10.8. NETGEAR
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Financial Overview
10.8.4. SWOT Analysis
10.8.5. Key Developments
10.9. HITACHI DATA SYSTEMS
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Financial Overview
10.9.4. SWOT Analysis
10.9.5. Key Developments
10.10. TOSHIBA
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Financial Overview
10.10.4. SWOT Analysis
10.10.5. Key Developments
11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
11.3. RESEARCH METHODOLOGY
1. IBM Corporation
2. Dell Inc.
3. Hewlett Packard Enterprise
4. NetApp
5. DataDirect Networks
6. Fujitsu Limited
7. Oracle Corporation
8. Netgear
9. Hitachi Data Systems
10. Toshiba Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.