Storage Virtualization Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

With any organization growth, more amount of data is created and that data needs to be stored physically in drives, which requires massive investment. Therefore, in order to minimize the investment and to avoid the time-consuming task of storage and data management, companies are now adopting the concept of storage virtualization. Storage virtualization is a single storage device where multiple physical storages are grouped together from multiple network storage devices into one storage device. Time saving and ease in storage expansion, are creating opportunities for the storage virtualization market in the forecast period.

MARKET DYNAMICS

Enhancing the storage availability and improved storage utilization are driving the growth of the storage virtualization market. However, the complications in the networking system or server may restrain the growth of the storage virtualization market. Furthermore, the automated storage optimization and management facility is anticipated to create market opportunities for the storage virtualization market during the forecast period.

MARKET SCOPE

The "Global Storage Virtualization Market Analysis to 2031" is a specialized and in-depth study of the storage virtualization market with a special focus on the global market trend analysis. The report aims to provide an overview of storage virtualization market with detailed market segmentation by deployment, end user, and geography. The global storage virtualization market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading storage virtualization market players and offers key trends and opportunities in the storage virtualization market.

MARKET SEGMENTATION

The global storage virtualization market is segmented on the basis of deployment and end user. On the basis of deployment, the market is segmented as cloud and on-premise. Similarly, on the basis of end user, the market is segmented as IT and telecommunication, BFSI, automotive, government, healthcare, and 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 storage virtualization market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The storage virtualization 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 storage virtualization 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 storage virtualization market in these regions.

MARKET PLAYERS

The reports cover key developments in the storage virtualization 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 storage virtualization market are anticipated to lucrative growth opportunities in the future with the rising demand for storage virtualization market. Below mentioned is the list of few companies engaged in the storage virtualization market.

The report also includes the profiles of key storage virtualization 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.

•   Citrix Systems, Inc.
  
•   Coraid, Inc.
  
•   Dell Inc.
  
•   Hitachi Vantara
  
•   HP Development Company, L.P.
  
•   IBM Corporation
  
•   Microsoft Corporation
  
•   NetApp, Inc.
  
•   Oracle Corporation
  
•   VMware, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Storage Virtualization Report Scope