Next-Generation Data Storage Market Size, Scope, and Share by 2030
Next Generation Data Storage Market: Size and Share
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CAGR (2022 - 2030)8.7% -
Market Size 2022
US$ 56.12 Billion -
Market Size 2030
US$ 109.41 Billion
Market Dynamics
- Increasing adoption of IoT & connected devices, rapid digitization across industries, and rising 5G technology
- The increasing resilience of DAS
- Growing Demand For Hybrid Data Storage, Increasing use of SSD
Market Segmentation
- Direct Attached Storage
- Network Attached Storage
- Storage Area Network
- BFSI
- Retail
- IT and Telecom
- Healthcare
- Media and Entertainment
- Hard Disk Drive
- Solid-State Drive
- Tape
- File-Object based Storage and Block Storage
Next Generation Data Storage Market Players Density: Understanding Its Impact on Business Dynamics
The Next Generation Data Storage Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Next Generation Data Storage Market are:
- Dell Technologies Inc
- Hewlett Packard Enterprise Co
- NetApp Inc
- Hitachi Ltd
- International Business Machines Corp
- Pure Storage Inc
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Next Generation Data Storage Market top key players overview