Next-generation Data Storage Market
Research Code:MRSE -104461
Sku:MRSE -104461
Next-generation Data Storage Market by Storage Type (DAS, NAS, SANs), Storage Medium, Architecture, End User (BFSI, Retail, Healthcare, Manufacturing, Government, IT and Telecom, Other End Users), and Geography - Global Forecast 2027
- Report ID: MRSE -104461
- Pages: 200
- Dec-2020
- Formats*: PDF
- Category: Semiconductor and Electronics
- Delivery: 2 to 4 Hours
This report provides pre & post COVID-19 market estimates.
The next-generation data storage market is expected to grow at a CAGR of 10.1% from 2020 to 2027 to reach $56.7 billion by 2027 from $29.0 billion in 2020. Some of the key factors driving the market include explosive growth in digital data, significant growth of IoT, the proliferation of smartphones, tablets, and laptops, and increasing penetration of high-end cloud computing. The storage industry is expected to witness significant growth during the forecast period due to the deployment of next-generation storage to boost general databases for future use and optimize databases in verticals such as BFSI, healthcare, and government. Rapid developments in areas such as Big Data, cloud computing, and mobile services are expected to augment the growth of the market. Traditional data storage technologies are unable to handle the enormous volumes of data generated every day, whereas next-generation data storage, with its advantages such as better reliability, efficiency, and cost-effectiveness, can cater to the growing demand for data storage.
Market vendors are continually developing scalable and effective data storage infrastructure due to the exponential growth of data generated from the enterprise sector. Big Data analytics, coupled with cloud storage, enables next-generation data storage vendors to provide real-time access to information, thus enhancing customer experience.
Explosive Increase in Digital Data to Propel the Growth of the Next-generation Data Storage Market.
With the increase in internet users, the volume of digital data generated from digital platforms, including digital payments, websites, media & entertainment, IoT devices, and Artificial Intelligence (AI), is growing rapidly. This increase is propelling the demand for next-generation data storage, as It enables enterprises to store data and create databases, providing capabilities to analyze future business data. Furthermore, it also reduces data corruption and data loss and enables faster data recovery. The rapid adoption of AI in several countries has led to a massive increase in the digital data generated from activities such as customer service for banks, the use of robotics in manufacturing facilities and home automation, and decision-making in enterprises, boosting the demand for high data storage capacity. Major Artificial Intelligence users such as the U.S. and China are producing enormous volumes of data from artificial intelligence applications, boosting the data economy across the globe. All of these factors have led to the growing demand for next-generation data storage.
Click here to: Get Free Sample Pages of this Report
Increasing Adoption of the IoT to Support the Growth of the Next-generation Data Storage Market.
The Internet of Things (IoT), being the latest emerging technology, generates massive data from connected devices such as home automation devices, smartphones, tracking devices, connected car applications, and social media, contributing to the rising demand for next-generation data storage to store and manage the huge volumes of data generated from these channels. Several industries are adopting IoT technology for industrial applications such as predicting equipment failure and crop yields, forecasting weather, and enabling autonomous driving, generating large volumes of sensitive data, driving the demand for next-generation data storage. Companies such as Hewlett Packard Enterprise, Huawei, Hitachi, IBM, and Dell Technologies are investing heavily in next-generation data storage technology to capture larger market shares in the now booming data storage market.
The Impact of COVID-19 on the Next-generation Data Storage Market.
The COVID-19 outbreak compelled companies and institutions to adopt remote working as a precautionary measure to contain the spread of the virus. Hence, most companies in various sectors, such as healthcare and education, have been providing their services electronically. There has been an influx in demand for cloud computing services as organizations adapt to remote work and people turn to online modes of entertainment. This shift has led to a rapid increase in the volume of data generated from various sources.
The overall impact of the COVID-19 pandemic on the market is expected to be moderate. Although there has been an increasing demand for data storage for managing the voluminous amount of data generated during this period, many small & medium businesses have started shutting down, either temporarily or permanently, hampering revenue growth in the next-generation data storage market. In 2020, revenues in the next-generation data storage market have declined. However, the market is expected to recover with a cumulative Y-o-Y growth of 9.2% in 2021.
Key Findings of the Next-generation Data Storage Market Study:
The Storage Area Networks (SANs) Segment to Dominate the Next-generation Data Storage Market.
Based on storage type, the next-generation data storage market is segmented into Direct Attached Storage (DAS), Network-Attached Storage (NAS), and Storage Area Networks (SANs). In 2020, the SANs segment is expected to account for the largest share of the next-generation data storage market. Storage Area Networks are mainly used for transferring sensitive data, files, and applications across data centers, large-scale enterprises, and small & medium enterprises. A SAN is used as a high-speed network for transferring data among multiple users directly attached to a server. SANs are currently in great demand because of their block protocols for transferring data among multiple servers and users at high speeds. The versatility of SANs has contributed to innovations in the processing and storage of digital information by incorporating multipurpose servers that can be easily upgraded.
The Hard Disk Drives (HDDs) Segment to Account for the Largest Share of the Next-generation Data Storage Market.
Based on storage medium, the next-generation data storage market is segmented into Hard Disk Drives (HDDs), Solid State Drives (SSDs), and magnetic tape. The HDDs segment is projected to account for the largest share of the market in 2020. HDDs are mainly used as the primary storage medium for storing sensitive data that can be accessed within shorter periods and with better performance. HDDs being cost-efficient, provide storage capacities similar to SSDs, and are available in both external and internal storage types with base capacities much larger than SSDs. The availability of HDDs is abundant in the market in both internal and external types. They also tend to have longer life spans as they do not have flash memory, unlike SSDs. All these factors are expected to generate higher demand for HDDs as compared to SSDs, during the forecast period.
The BFSI Sector to Account for the Largest Share of the Market in 2020.
Based on end-user, the market is segmented into BFSI, retail, healthcare, manufacturing, government, IT & telecom, and other end users. The BFSI segment is expected to hold the largest revenue share in 2020. Data explosion in the banking sector is currently at its zenith due to data creation through multiple touchpoints, including mobile banking, digital wallets, and chatbot-supported customer assistance services. BFSI companies are increasingly adopting secure, fast, reliable, and scalable data infrastructure to provide seamless customer experience and facilitate frictionless backend processes. Furthermore, the growing need to make decisions based on databases to gain a competitive edge is compelling financial institutions to implement smarter business platforms that are agile, adaptable, and feasible.
North America to Hold the Largest Market Share Throughout the Forecast Period.
North America is projected to command the largest share of the next-generation data storage market in 2020. North America has been an early adopter of advanced data-storage technologies. The United States has a large concentration of global companies as well as consumers. Also, there has been a rapid increase in the proliferation of Hyperscale data centers, which are majorly used by cloud computing companies and social network providers. These factors support North America’s largest share in the market.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants during the past three years (2018–2020). The key players operating in the next-generation data storage market are IBM Corporation (U.S.), Dell Technologies (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Hitachi Ltd. (Japan), Huawei Technologies Co., Ltd. (China), NetApp (U.S.), Cloudian Inc. (U.S.), Drobo Inc. (U.S.), Inspur (China), Fujitsu (Japan), Pure Storage, Inc. (U.S.), NetGear (U.S.), Samsung (South Korea), Western Digital Corporation (U.S.), and Nutanix (U.S.).
Scope of the Report
Next-generation Data Storage Market, by Storage Type
- DAS
- NAS
- SANs
Next-generation Data Storage Market, by Storage Medium
- HDDs
- SSDs
- Magnetic Tape
Next-generation Data Storage Market, by Architecture
- File & Object-based Storage
- Block Storage
Next-generation Data Storage Market, by End User
- BFSI
- Healthcare
- Retail
- Manufacturing
- Government
- IT & Telecom
- Other End Users
Next-generation Data Storage Market, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Key Questions Answered in the Report:
What will be the revenue generated from the sales of next-generation data storage across the globe? At what rate is the demand expected to grow over the next 5–7 years?
Which end-user segment showcases high growth opportunities for the next-generation data storage market players?
What are the key factors driving the growth of the next-generation data storage market? What are the major opportunities for existing market players and new entrants in the market?
What are the factors hindering the growth of the next-generation data storage market?
Who are the key players operating in the next-generation data storage market?
Which region is expected to offer significant growth opportunities for the next-generation data storage market?
1. Introduction
1.1. Market Definition
1.2 Scope Of The Study
1.3. Market Ecosystem
1.4. Currency And Limitations
1.4.1. Currency
1.4.2. Limitations
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.2. Bottom-Up Approach
2.3.3. Top-Down Approach
2.3.4. Growth Forecast
2.4. Assumptions For The Study
3. Executive Summary
3.1. Overview
3.2. Market Analysis, By Storage Type
3.3. Market Analysis, By Storage Medium
3.4. Market Analysis, By Architecture
3.5. Market Analysis, By End User
3.6. Market Analysis, By Geography
3.7. Competitive Analysis
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Explosive Growth In Digital Data
4.2.1.2. Significant Growth Of Iot
4.2.1.3. Proliferation Of Smartphones, Tablets, And Laptops
4.2.1.4. Increasing Penetration Of High-End Cloud Computing
4.2.2. Restraints
4.2.2.1. Data Security Breaches In Cloud-Based Services
4.2.3. Opportunities
4.2.3.1. Rising Need For Data Analytics
4.2.3.2. Growing Demand For Ssds
4.2.4. Challenges
4.2.4.1. Scalability Issues
4.3 Covid-19 Impact Assessment
5. Next-Generation Data Storage Market, By Storage Type
5.1. Introduction
5.2. Das
5.3. Nas
5.4. Sans
6. Next-Generation Data Storage Market, By Storage Medium
6.1. Introduction
6.2. Hdds
6.3. Ssds
6.4. Magnetic Tape
7. Next-Generation Data Storage Market, By Architecture
7.1. Introduction
7.2. File & Object-Based Storage
7.3. Block Storage
8. Next-Generation Data Storage Market, By End User
8.1. Introduction
8.2. Bfsi
8.3. Healthcare
8.4. Retail
8.5. Manufacturing
8.6. Government
8.7. It & Telecom
8.8. Other End Users
9. Global Next-Generation Data Storage Market, By Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Rest Of Europe (Roe)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. South Korea
9.4.5. Rest Of Asia-Pacific (RoAPAC)
9.5. Latin America
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Competitive Growth Strategies
10.1.1. Partnerships, Agreements, And Collaborations
10.1.2. Acquisitions
10.1.3. New Storage Type Launches
10.1.4. Expansions
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, And Strategic Developments)
11.1. IBM Corporation
11.1.1. Business Overview
11.1.2. Financial Overview
11.1.3. Product Portfolio
11.1.4. Strategic Developments
11.2. Dell Technologies
11.2.1 . Business Overview
11.2.2. Financial Overview
11.2.3. Product Portfolio
11.2.4. Strategic Developments
11.3. Hewlett Packard Enterprise Development Lp
11.3.1. Business Overview
11.3.2. Financial Overview
11.3.3. Product Portfolio
11.3.4. Strategic Developments
11.4. Hitachi Ltd.
11.4.1. Business Overview
11.4.2. Financial Overview
11.4.3. Product Portfolio
11.4.4. Strategic Developments
11.5. Huawei Technologies Co., Ltd.
11.5.1. Business Overview
11.5.2. Financial Overview
11.5.3. Product Portfolio
11.5.4. Strategic Developments
11.6. Netapp
11.6.1. Business Overview
11.6.2. Financial Overview
11.6.3. Product Portfolio
11.6.4. Strategic Developments
11.7. Cloudian Inc.
11.7.1. Business Overview
11.7.2. Financial Overview
11.7.3. Product Portfolio
11.7.4. Strategic Developments
11.8. Drobo Inc.
11.8.1. Business Overview
11.8.2. Financial Overview
11.8.3. Product Portfolio
11.8.4. Strategic Developments
11.9. Inspur
11.9.1. Business Overview
11.9.2. Financial Overview
11.9.3. Product Portfolio
11.9.4. Strategic Developments
11.10. Fujitsu
11.10.1. Business Overview
11.10.2. Financial Overview
11.10.3. Product Portfolio
11.10.4. Strategic Developments
11.11. Pure Storage, Inc.
11.11.1. Business Overview
11.11.2. Financial Overview
11.11.3. Product Portfolio
11.11.4. Strategic Developments
11.12. Netgear
11.12.1. Business Overview
11.12.2. Financial Overview
11.12.3. Product Portfolio
11.12.4. Strategic Developments
11.13. Samsung
11.13.1. Business Overview
11.13.2. Financial Overview
11.13.3. Product Portfolio
11.13.4. Strategic Developments
11.14. Western Digital Corporation
11.14.1. Business Overview
11.14.2. Financial Overview
11.14.3. Product Portfolio
11.14.4. Strategic Developments
11.15. Nutanix
11.15.1. Business Overview
11.15.2. Financial Overview
11.15.3. Product Portfolio
11.15.4. Strategic Developments
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List Of Tables
Table 1 Currency Conversion Rate Into Usd, 2016–2019
Table 2 Global Next-Generation Data Storage Market Drivers: Impact Analysis (2018–2027)
Table 3 Global Next-Generation Data Storage Market Restraints: Impact Analysis (2018–2027)
Table 4 Global Next-Generation Data Storage Market Size, By Storage Type, 2018–2027 ($Million)
Table 5 Next-Generation Data Storage Market Size For Das, By Country/Region, 2018–2027 ($Million)
Table 6 Next-Generation Data Storage Market Size For Nas, By Country/Region, 2018–2027 ($Million)
Table 7 Next-Generation Data Storage Market Size For Sans, By Country/Region, 2018–2027 ($Million)
Table 8 Global Next-Generation Data Storage Market Size, By Storage Medium, 2018–2027 ($Million)
Table 9 Next-Generation Data Storage Market Size For Hdds, By Country/Region, 2018–2027 ($Million)
Table 10 Next-Generation Data Storage Market Size For Ssds, By Country/Region, 2018–2027 ($Million)
Table 11 Next-Generation Data Storage Market Size For Magnetic Tape, By Country/Region, 2018–2027 ($Million)
Table 12 Global Next-Generation Data Storage Market Size, By Architecture, 2018–2027 ($Million)
Table 13 Next-Generation Data Storage Market Size For File & Object-Based Storage, By Country/Region, 2018–2027 ($Million)
Table 14 Next-Generation Data Storage Market Size For Block Storage, By Country/Region, 2018–2027 ($Million)
Table 15 Global Next-Generation Data Storage Market Size, By End User, 2018–2027 ($Million)
Table 16 Next-Generation Data Storage Market Size For Bfsi, By Country/Region, 2018–2027 ($Million)
Table 17 Next-Generation Data Storage Market Size For Healthcare, By Country/Region, 2018–2027 ($Million)
Table 18 Next-Generation Data Storage Market Size For Retail, By Country/Region, 2018–2027 ($Million)
Table 19 Next-Generation Data Storage Market Size For Manufacturing, By Country/Region, 2018–2027 ($Million)
Table 20 Next-Generation Data Storage Market Size For Government, By Country/Region, 2018–2027 ($Million)
Table 21 Next-Generation Data Storage Market Size For It & Telecom, By Country/Region, 2018–2027 ($Million)
Table 22 Next-Generation Data Storage Market Size For Other End Users, By Country/Region, 2018–2027 ($Million)
Table 23 Global Next-Generation Data Storage Market, By Region, 2018–2027 ($Million)
Table 24 North America: Next-Generation Data Storage Market, By Country, 2018–2027 ($ Million)
Table 25 North America: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 26 North America: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 27 North America: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 28 North America: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 29 U.S.: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 30 U.S.: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 31 U.S.: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 32 U.S.: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 33 Canada: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 34 Canada: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 35 Canada: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 36 Canada: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 37 Europe: Next-Generation Data Storage Market, By Country, 2018–2027 ($Million)
Table 38 Europe: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 39 Europe: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 40 Europe: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 41 Europe: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 42 Germany: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 43 Germany: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 44 Germany: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 45 Germany: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 46 U.K.: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 47 U.K.: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 48 U.K.: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 49 U.K.: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 50 France: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 51 France: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 52 France: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 53 France: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 54 Italy: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 55 Italy: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 56 Italy: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 57 Italy: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 58 Roe: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 59 Roe: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 60 Roe: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 61 Roe: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 62 Asia-Pacific: Next-Generation Data Storage Market, By Country, 2018–2027 ($Million)
Table 63 Asia-Pacific: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 64 Asia-Pacific: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 65 Asia-Pacific: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 66 Asia-Pacific: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 67 China: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 68 China: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 69 China: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 70 China: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 71 Japan: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 72 Japan: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 73 Japan: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 74 Japan: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 75 India: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 76 India: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 77 India: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 78 India: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 79 South Korea: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 80 South Korea: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 81 South Korea: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 82 South Korea: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 83 Roapac: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 84 Roapac: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 85 Roapac: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 86 Roapac: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 87 Latin America: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 88 Latin America: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 89 Latin America: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 90 Latin America: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 91 Mea: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 92 Mea: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 93 Mea: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 94 Mea: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 95 Recent Developments By Major Players During 2017–2020
Table 96 Partnerships, Agreements, And Collaborations, 2017–2020
Table 97 Acquisitions, 2017–2020
Table 98 New Storage Medium Launches, 2017–2020
Table 99 Expansions, 2017–2020
List Of Figures
Figure 1 Research End-User
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Market Sizing And Growth Forecast Approach
Figure 6 Sans Segment Dominates The Global Next-Generation Data Storage Market
Figure 7 Hdds Segment Dominates The Global Next-Generation Data Storage Market
Figure 8 File & Object-Based Storage Segment Dominates The Global Next-Generation Data Storage Market
Figure 9 Bfsi Segment Dominates The Global Next-Generation Data Storage Market
Figure 10 Next-Generation Data Storage Market Overview: 2018–2027
Figure 11 Next-Generation Data Storage Market Size, By Storage Type, 2018–2027 ($Million)
Figure 12 Next-Generation Data Storage Market Size, By Storage Medium, 2018–2027 ($Million)
Figure 13 Global Next-Generation Data Storage Market Size, By Architecture, 2018–2027 ($Million)
Figure 14 Global Next-Generation Data Storage Market Size, By End User, 2018–2027 ($Million)
Figure 15 Global Next-Generation Data Storage Market Size, By Region, 2018–2027 ($Million)
Figure 16 Growth Strategies Adopted By Key Players, 2017–2020
Figure 17 Ibm Corporation: Financial Overview (2017–2019)
Figure 18 Dell Technologies: Financial Overview (2017–2019)
Figure 19 Hewlett Packard Enterprise Development Lp: Financial Overview (2017–2019)
Figure 20 Hitachi Ltd.: Financial Overview (2017–2019)
Figure 21 Huawei Technologies Co., Ltd.: Financial Overview (2017–2019)
Figure 22 Netapp: Financial Overview (2017–2019)
Figure 23 Cloudian Inc.: Financial Overview (2017–2019)
Figure 24 Drobo Inc.: Financial Overview (2017–2019)
Figure 25 Inspur: Financial Overview (2017–2019)
Figure 26 Fujitsu: Financial Overview (2017–2019)
Figure 27 Pure Storage, Inc.: Financial Overview (2017–2019)
Figure 28 Netgear: Financial Overview (2017–2019)
Figure 29 Samsung: Financial Overview (2017–2019)
Figure 30 Western Digital Corporation: Financial Overview (2017–2019)
Figure 31 Nutanix: Financial Overview (2017–2019)
This website is secure and we do not share your personal information with any third party. Privacy Policy
The next-generation data storage market is expected to grow at a CAGR of 10.1% from 2020 to 2027 to reach $56.7 billion by 2027 from $29.0 billion in 2020. Some of the key factors driving the market include explosive growth in digital data, significant growth of IoT, the proliferation of smartphones, tablets, and laptops, and increasing penetration of high-end cloud computing. The storage industry is expected to witness significant growth during the forecast period due to the deployment of next-generation storage to boost general databases for future use and optimize databases in verticals such as BFSI, healthcare, and government. Rapid developments in areas such as Big Data, cloud computing, and mobile services are expected to augment the growth of the market. Traditional data storage technologies are unable to handle the enormous volumes of data generated every day, whereas next-generation data storage, with its advantages such as better reliability, efficiency, and cost-effectiveness, can cater to the growing demand for data storage.
Market vendors are continually developing scalable and effective data storage infrastructure due to the exponential growth of data generated from the enterprise sector. Big Data analytics, coupled with cloud storage, enables next-generation data storage vendors to provide real-time access to information, thus enhancing customer experience.
Explosive Increase in Digital Data to Propel the Growth of the Next-generation Data Storage Market.
With the increase in internet users, the volume of digital data generated from digital platforms, including digital payments, websites, media & entertainment, IoT devices, and Artificial Intelligence (AI), is growing rapidly. This increase is propelling the demand for next-generation data storage, as It enables enterprises to store data and create databases, providing capabilities to analyze future business data. Furthermore, it also reduces data corruption and data loss and enables faster data recovery. The rapid adoption of AI in several countries has led to a massive increase in the digital data generated from activities such as customer service for banks, the use of robotics in manufacturing facilities and home automation, and decision-making in enterprises, boosting the demand for high data storage capacity. Major Artificial Intelligence users such as the U.S. and China are producing enormous volumes of data from artificial intelligence applications, boosting the data economy across the globe. All of these factors have led to the growing demand for next-generation data storage.
Click here to: Get Free Sample Pages of this Report
Increasing Adoption of the IoT to Support the Growth of the Next-generation Data Storage Market.
The Internet of Things (IoT), being the latest emerging technology, generates massive data from connected devices such as home automation devices, smartphones, tracking devices, connected car applications, and social media, contributing to the rising demand for next-generation data storage to store and manage the huge volumes of data generated from these channels. Several industries are adopting IoT technology for industrial applications such as predicting equipment failure and crop yields, forecasting weather, and enabling autonomous driving, generating large volumes of sensitive data, driving the demand for next-generation data storage. Companies such as Hewlett Packard Enterprise, Huawei, Hitachi, IBM, and Dell Technologies are investing heavily in next-generation data storage technology to capture larger market shares in the now booming data storage market.
The Impact of COVID-19 on the Next-generation Data Storage Market.
The COVID-19 outbreak compelled companies and institutions to adopt remote working as a precautionary measure to contain the spread of the virus. Hence, most companies in various sectors, such as healthcare and education, have been providing their services electronically. There has been an influx in demand for cloud computing services as organizations adapt to remote work and people turn to online modes of entertainment. This shift has led to a rapid increase in the volume of data generated from various sources.
The overall impact of the COVID-19 pandemic on the market is expected to be moderate. Although there has been an increasing demand for data storage for managing the voluminous amount of data generated during this period, many small & medium businesses have started shutting down, either temporarily or permanently, hampering revenue growth in the next-generation data storage market. In 2020, revenues in the next-generation data storage market have declined. However, the market is expected to recover with a cumulative Y-o-Y growth of 9.2% in 2021.
Key Findings of the Next-generation Data Storage Market Study:
The Storage Area Networks (SANs) Segment to Dominate the Next-generation Data Storage Market.
Based on storage type, the next-generation data storage market is segmented into Direct Attached Storage (DAS), Network-Attached Storage (NAS), and Storage Area Networks (SANs). In 2020, the SANs segment is expected to account for the largest share of the next-generation data storage market. Storage Area Networks are mainly used for transferring sensitive data, files, and applications across data centers, large-scale enterprises, and small & medium enterprises. A SAN is used as a high-speed network for transferring data among multiple users directly attached to a server. SANs are currently in great demand because of their block protocols for transferring data among multiple servers and users at high speeds. The versatility of SANs has contributed to innovations in the processing and storage of digital information by incorporating multipurpose servers that can be easily upgraded.
The Hard Disk Drives (HDDs) Segment to Account for the Largest Share of the Next-generation Data Storage Market.
Based on storage medium, the next-generation data storage market is segmented into Hard Disk Drives (HDDs), Solid State Drives (SSDs), and magnetic tape. The HDDs segment is projected to account for the largest share of the market in 2020. HDDs are mainly used as the primary storage medium for storing sensitive data that can be accessed within shorter periods and with better performance. HDDs being cost-efficient, provide storage capacities similar to SSDs, and are available in both external and internal storage types with base capacities much larger than SSDs. The availability of HDDs is abundant in the market in both internal and external types. They also tend to have longer life spans as they do not have flash memory, unlike SSDs. All these factors are expected to generate higher demand for HDDs as compared to SSDs, during the forecast period.
The BFSI Sector to Account for the Largest Share of the Market in 2020.
Based on end-user, the market is segmented into BFSI, retail, healthcare, manufacturing, government, IT & telecom, and other end users. The BFSI segment is expected to hold the largest revenue share in 2020. Data explosion in the banking sector is currently at its zenith due to data creation through multiple touchpoints, including mobile banking, digital wallets, and chatbot-supported customer assistance services. BFSI companies are increasingly adopting secure, fast, reliable, and scalable data infrastructure to provide seamless customer experience and facilitate frictionless backend processes. Furthermore, the growing need to make decisions based on databases to gain a competitive edge is compelling financial institutions to implement smarter business platforms that are agile, adaptable, and feasible.
North America to Hold the Largest Market Share Throughout the Forecast Period.
North America is projected to command the largest share of the next-generation data storage market in 2020. North America has been an early adopter of advanced data-storage technologies. The United States has a large concentration of global companies as well as consumers. Also, there has been a rapid increase in the proliferation of Hyperscale data centers, which are majorly used by cloud computing companies and social network providers. These factors support North America’s largest share in the market.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants during the past three years (2018–2020). The key players operating in the next-generation data storage market are IBM Corporation (U.S.), Dell Technologies (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Hitachi Ltd. (Japan), Huawei Technologies Co., Ltd. (China), NetApp (U.S.), Cloudian Inc. (U.S.), Drobo Inc. (U.S.), Inspur (China), Fujitsu (Japan), Pure Storage, Inc. (U.S.), NetGear (U.S.), Samsung (South Korea), Western Digital Corporation (U.S.), and Nutanix (U.S.).
Scope of the Report
Next-generation Data Storage Market, by Storage Type
- DAS
- NAS
- SANs
Next-generation Data Storage Market, by Storage Medium
- HDDs
- SSDs
- Magnetic Tape
Next-generation Data Storage Market, by Architecture
- File & Object-based Storage
- Block Storage
Next-generation Data Storage Market, by End User
- BFSI
- Healthcare
- Retail
- Manufacturing
- Government
- IT & Telecom
- Other End Users
Next-generation Data Storage Market, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Key Questions Answered in the Report:
1. Introduction
1.1. Market Definition
1.2 Scope Of The Study
1.3. Market Ecosystem
1.4. Currency And Limitations
1.4.1. Currency
1.4.2. Limitations
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.2. Bottom-Up Approach
2.3.3. Top-Down Approach
2.3.4. Growth Forecast
2.4. Assumptions For The Study
3. Executive Summary
3.1. Overview
3.2. Market Analysis, By Storage Type
3.3. Market Analysis, By Storage Medium
3.4. Market Analysis, By Architecture
3.5. Market Analysis, By End User
3.6. Market Analysis, By Geography
3.7. Competitive Analysis
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Explosive Growth In Digital Data
4.2.1.2. Significant Growth Of Iot
4.2.1.3. Proliferation Of Smartphones, Tablets, And Laptops
4.2.1.4. Increasing Penetration Of High-End Cloud Computing
4.2.2. Restraints
4.2.2.1. Data Security Breaches In Cloud-Based Services
4.2.3. Opportunities
4.2.3.1. Rising Need For Data Analytics
4.2.3.2. Growing Demand For Ssds
4.2.4. Challenges
4.2.4.1. Scalability Issues
4.3 Covid-19 Impact Assessment
5. Next-Generation Data Storage Market, By Storage Type
5.1. Introduction
5.2. Das
5.3. Nas
5.4. Sans
6. Next-Generation Data Storage Market, By Storage Medium
6.1. Introduction
6.2. Hdds
6.3. Ssds
6.4. Magnetic Tape
7. Next-Generation Data Storage Market, By Architecture
7.1. Introduction
7.2. File & Object-Based Storage
7.3. Block Storage
8. Next-Generation Data Storage Market, By End User
8.1. Introduction
8.2. Bfsi
8.3. Healthcare
8.4. Retail
8.5. Manufacturing
8.6. Government
8.7. It & Telecom
8.8. Other End Users
9. Global Next-Generation Data Storage Market, By Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Rest Of Europe (Roe)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. South Korea
9.4.5. Rest Of Asia-Pacific (RoAPAC)
9.5. Latin America
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Competitive Growth Strategies
10.1.1. Partnerships, Agreements, And Collaborations
10.1.2. Acquisitions
10.1.3. New Storage Type Launches
10.1.4. Expansions
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, And Strategic Developments)
11.1. IBM Corporation
11.1.1. Business Overview
11.1.2. Financial Overview
11.1.3. Product Portfolio
11.1.4. Strategic Developments
11.2. Dell Technologies
11.2.1 . Business Overview
11.2.2. Financial Overview
11.2.3. Product Portfolio
11.2.4. Strategic Developments
11.3. Hewlett Packard Enterprise Development Lp
11.3.1. Business Overview
11.3.2. Financial Overview
11.3.3. Product Portfolio
11.3.4. Strategic Developments
11.4. Hitachi Ltd.
11.4.1. Business Overview
11.4.2. Financial Overview
11.4.3. Product Portfolio
11.4.4. Strategic Developments
11.5. Huawei Technologies Co., Ltd.
11.5.1. Business Overview
11.5.2. Financial Overview
11.5.3. Product Portfolio
11.5.4. Strategic Developments
11.6. Netapp
11.6.1. Business Overview
11.6.2. Financial Overview
11.6.3. Product Portfolio
11.6.4. Strategic Developments
11.7. Cloudian Inc.
11.7.1. Business Overview
11.7.2. Financial Overview
11.7.3. Product Portfolio
11.7.4. Strategic Developments
11.8. Drobo Inc.
11.8.1. Business Overview
11.8.2. Financial Overview
11.8.3. Product Portfolio
11.8.4. Strategic Developments
11.9. Inspur
11.9.1. Business Overview
11.9.2. Financial Overview
11.9.3. Product Portfolio
11.9.4. Strategic Developments
11.10. Fujitsu
11.10.1. Business Overview
11.10.2. Financial Overview
11.10.3. Product Portfolio
11.10.4. Strategic Developments
11.11. Pure Storage, Inc.
11.11.1. Business Overview
11.11.2. Financial Overview
11.11.3. Product Portfolio
11.11.4. Strategic Developments
11.12. Netgear
11.12.1. Business Overview
11.12.2. Financial Overview
11.12.3. Product Portfolio
11.12.4. Strategic Developments
11.13. Samsung
11.13.1. Business Overview
11.13.2. Financial Overview
11.13.3. Product Portfolio
11.13.4. Strategic Developments
11.14. Western Digital Corporation
11.14.1. Business Overview
11.14.2. Financial Overview
11.14.3. Product Portfolio
11.14.4. Strategic Developments
11.15. Nutanix
11.15.1. Business Overview
11.15.2. Financial Overview
11.15.3. Product Portfolio
11.15.4. Strategic Developments
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List Of Tables
Table 1 Currency Conversion Rate Into Usd, 2016–2019
Table 2 Global Next-Generation Data Storage Market Drivers: Impact Analysis (2018–2027)
Table 3 Global Next-Generation Data Storage Market Restraints: Impact Analysis (2018–2027)
Table 4 Global Next-Generation Data Storage Market Size, By Storage Type, 2018–2027 ($Million)
Table 5 Next-Generation Data Storage Market Size For Das, By Country/Region, 2018–2027 ($Million)
Table 6 Next-Generation Data Storage Market Size For Nas, By Country/Region, 2018–2027 ($Million)
Table 7 Next-Generation Data Storage Market Size For Sans, By Country/Region, 2018–2027 ($Million)
Table 8 Global Next-Generation Data Storage Market Size, By Storage Medium, 2018–2027 ($Million)
Table 9 Next-Generation Data Storage Market Size For Hdds, By Country/Region, 2018–2027 ($Million)
Table 10 Next-Generation Data Storage Market Size For Ssds, By Country/Region, 2018–2027 ($Million)
Table 11 Next-Generation Data Storage Market Size For Magnetic Tape, By Country/Region, 2018–2027 ($Million)
Table 12 Global Next-Generation Data Storage Market Size, By Architecture, 2018–2027 ($Million)
Table 13 Next-Generation Data Storage Market Size For File & Object-Based Storage, By Country/Region, 2018–2027 ($Million)
Table 14 Next-Generation Data Storage Market Size For Block Storage, By Country/Region, 2018–2027 ($Million)
Table 15 Global Next-Generation Data Storage Market Size, By End User, 2018–2027 ($Million)
Table 16 Next-Generation Data Storage Market Size For Bfsi, By Country/Region, 2018–2027 ($Million)
Table 17 Next-Generation Data Storage Market Size For Healthcare, By Country/Region, 2018–2027 ($Million)
Table 18 Next-Generation Data Storage Market Size For Retail, By Country/Region, 2018–2027 ($Million)
Table 19 Next-Generation Data Storage Market Size For Manufacturing, By Country/Region, 2018–2027 ($Million)
Table 20 Next-Generation Data Storage Market Size For Government, By Country/Region, 2018–2027 ($Million)
Table 21 Next-Generation Data Storage Market Size For It & Telecom, By Country/Region, 2018–2027 ($Million)
Table 22 Next-Generation Data Storage Market Size For Other End Users, By Country/Region, 2018–2027 ($Million)
Table 23 Global Next-Generation Data Storage Market, By Region, 2018–2027 ($Million)
Table 24 North America: Next-Generation Data Storage Market, By Country, 2018–2027 ($ Million)
Table 25 North America: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 26 North America: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 27 North America: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 28 North America: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 29 U.S.: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 30 U.S.: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 31 U.S.: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 32 U.S.: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 33 Canada: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 34 Canada: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 35 Canada: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 36 Canada: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 37 Europe: Next-Generation Data Storage Market, By Country, 2018–2027 ($Million)
Table 38 Europe: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 39 Europe: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 40 Europe: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 41 Europe: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 42 Germany: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 43 Germany: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 44 Germany: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 45 Germany: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 46 U.K.: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 47 U.K.: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 48 U.K.: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 49 U.K.: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 50 France: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 51 France: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 52 France: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 53 France: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 54 Italy: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 55 Italy: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 56 Italy: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 57 Italy: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 58 Roe: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 59 Roe: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 60 Roe: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 61 Roe: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 62 Asia-Pacific: Next-Generation Data Storage Market, By Country, 2018–2027 ($Million)
Table 63 Asia-Pacific: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 64 Asia-Pacific: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 65 Asia-Pacific: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 66 Asia-Pacific: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 67 China: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 68 China: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 69 China: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 70 China: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 71 Japan: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 72 Japan: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 73 Japan: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 74 Japan: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 75 India: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 76 India: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 77 India: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 78 India: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 79 South Korea: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 80 South Korea: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 81 South Korea: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 82 South Korea: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 83 Roapac: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 84 Roapac: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 85 Roapac: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 86 Roapac: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 87 Latin America: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 88 Latin America: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 89 Latin America: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 90 Latin America: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 91 Mea: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 92 Mea: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 93 Mea: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 94 Mea: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 95 Recent Developments By Major Players During 2017–2020
Table 96 Partnerships, Agreements, And Collaborations, 2017–2020
Table 97 Acquisitions, 2017–2020
Table 98 New Storage Medium Launches, 2017–2020
Table 99 Expansions, 2017–2020
List Of Figures
Figure 1 Research End-User
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Market Sizing And Growth Forecast Approach
Figure 6 Sans Segment Dominates The Global Next-Generation Data Storage Market
Figure 7 Hdds Segment Dominates The Global Next-Generation Data Storage Market
Figure 8 File & Object-Based Storage Segment Dominates The Global Next-Generation Data Storage Market
Figure 9 Bfsi Segment Dominates The Global Next-Generation Data Storage Market
Figure 10 Next-Generation Data Storage Market Overview: 2018–2027
Figure 11 Next-Generation Data Storage Market Size, By Storage Type, 2018–2027 ($Million)
Figure 12 Next-Generation Data Storage Market Size, By Storage Medium, 2018–2027 ($Million)
Figure 13 Global Next-Generation Data Storage Market Size, By Architecture, 2018–2027 ($Million)
Figure 14 Global Next-Generation Data Storage Market Size, By End User, 2018–2027 ($Million)
Figure 15 Global Next-Generation Data Storage Market Size, By Region, 2018–2027 ($Million)
Figure 16 Growth Strategies Adopted By Key Players, 2017–2020
Figure 17 Ibm Corporation: Financial Overview (2017–2019)
Figure 18 Dell Technologies: Financial Overview (2017–2019)
Figure 19 Hewlett Packard Enterprise Development Lp: Financial Overview (2017–2019)
Figure 20 Hitachi Ltd.: Financial Overview (2017–2019)
Figure 21 Huawei Technologies Co., Ltd.: Financial Overview (2017–2019)
Figure 22 Netapp: Financial Overview (2017–2019)
Figure 23 Cloudian Inc.: Financial Overview (2017–2019)
Figure 24 Drobo Inc.: Financial Overview (2017–2019)
Figure 25 Inspur: Financial Overview (2017–2019)
Figure 26 Fujitsu: Financial Overview (2017–2019)
Figure 27 Pure Storage, Inc.: Financial Overview (2017–2019)
Figure 28 Netgear: Financial Overview (2017–2019)
Figure 29 Samsung: Financial Overview (2017–2019)
Figure 30 Western Digital Corporation: Financial Overview (2017–2019)
Figure 31 Nutanix: Financial Overview (2017–2019)
1. Introduction
1.1. Market Definition
1.2 Scope Of The Study
1.3. Market Ecosystem
1.4. Currency And Limitations
1.4.1. Currency
1.4.2. Limitations
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.2. Bottom-Up Approach
2.3.3. Top-Down Approach
2.3.4. Growth Forecast
2.4. Assumptions For The Study
3. Executive Summary
3.1. Overview
3.2. Market Analysis, By Storage Type
3.3. Market Analysis, By Storage Medium
3.4. Market Analysis, By Architecture
3.5. Market Analysis, By End User
3.6. Market Analysis, By Geography
3.7. Competitive Analysis
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Explosive Growth In Digital Data
4.2.1.2. Significant Growth Of Iot
4.2.1.3. Proliferation Of Smartphones, Tablets, And Laptops
4.2.1.4. Increasing Penetration Of High-End Cloud Computing
4.2.2. Restraints
4.2.2.1. Data Security Breaches In Cloud-Based Services
4.2.3. Opportunities
4.2.3.1. Rising Need For Data Analytics
4.2.3.2. Growing Demand For Ssds
4.2.4. Challenges
4.2.4.1. Scalability Issues
4.3 Covid-19 Impact Assessment
5. Next-Generation Data Storage Market, By Storage Type
5.1. Introduction
5.2. Das
5.3. Nas
5.4. Sans
6. Next-Generation Data Storage Market, By Storage Medium
6.1. Introduction
6.2. Hdds
6.3. Ssds
6.4. Magnetic Tape
7. Next-Generation Data Storage Market, By Architecture
7.1. Introduction
7.2. File & Object-Based Storage
7.3. Block Storage
8. Next-Generation Data Storage Market, By End User
8.1. Introduction
8.2. Bfsi
8.3. Healthcare
8.4. Retail
8.5. Manufacturing
8.6. Government
8.7. It & Telecom
8.8. Other End Users
9. Global Next-Generation Data Storage Market, By Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Rest Of Europe (Roe)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. South Korea
9.4.5. Rest Of Asia-Pacific (RoAPAC)
9.5. Latin America
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Competitive Growth Strategies
10.1.1. Partnerships, Agreements, And Collaborations
10.1.2. Acquisitions
10.1.3. New Storage Type Launches
10.1.4. Expansions
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, And Strategic Developments)
11.1. IBM Corporation
11.1.1. Business Overview
11.1.2. Financial Overview
11.1.3. Product Portfolio
11.1.4. Strategic Developments
11.2. Dell Technologies
11.2.1 . Business Overview
11.2.2. Financial Overview
11.2.3. Product Portfolio
11.2.4. Strategic Developments
11.3. Hewlett Packard Enterprise Development Lp
11.3.1. Business Overview
11.3.2. Financial Overview
11.3.3. Product Portfolio
11.3.4. Strategic Developments
11.4. Hitachi Ltd.
11.4.1. Business Overview
11.4.2. Financial Overview
11.4.3. Product Portfolio
11.4.4. Strategic Developments
11.5. Huawei Technologies Co., Ltd.
11.5.1. Business Overview
11.5.2. Financial Overview
11.5.3. Product Portfolio
11.5.4. Strategic Developments
11.6. Netapp
11.6.1. Business Overview
11.6.2. Financial Overview
11.6.3. Product Portfolio
11.6.4. Strategic Developments
11.7. Cloudian Inc.
11.7.1. Business Overview
11.7.2. Financial Overview
11.7.3. Product Portfolio
11.7.4. Strategic Developments
11.8. Drobo Inc.
11.8.1. Business Overview
11.8.2. Financial Overview
11.8.3. Product Portfolio
11.8.4. Strategic Developments
11.9. Inspur
11.9.1. Business Overview
11.9.2. Financial Overview
11.9.3. Product Portfolio
11.9.4. Strategic Developments
11.10. Fujitsu
11.10.1. Business Overview
11.10.2. Financial Overview
11.10.3. Product Portfolio
11.10.4. Strategic Developments
11.11. Pure Storage, Inc.
11.11.1. Business Overview
11.11.2. Financial Overview
11.11.3. Product Portfolio
11.11.4. Strategic Developments
11.12. Netgear
11.12.1. Business Overview
11.12.2. Financial Overview
11.12.3. Product Portfolio
11.12.4. Strategic Developments
11.13. Samsung
11.13.1. Business Overview
11.13.2. Financial Overview
11.13.3. Product Portfolio
11.13.4. Strategic Developments
11.14. Western Digital Corporation
11.14.1. Business Overview
11.14.2. Financial Overview
11.14.3. Product Portfolio
11.14.4. Strategic Developments
11.15. Nutanix
11.15.1. Business Overview
11.15.2. Financial Overview
11.15.3. Product Portfolio
11.15.4. Strategic Developments
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List Of Tables
Table 1 Currency Conversion Rate Into Usd, 2016–2019
Table 2 Global Next-Generation Data Storage Market Drivers: Impact Analysis (2018–2027)
Table 3 Global Next-Generation Data Storage Market Restraints: Impact Analysis (2018–2027)
Table 4 Global Next-Generation Data Storage Market Size, By Storage Type, 2018–2027 ($Million)
Table 5 Next-Generation Data Storage Market Size For Das, By Country/Region, 2018–2027 ($Million)
Table 6 Next-Generation Data Storage Market Size For Nas, By Country/Region, 2018–2027 ($Million)
Table 7 Next-Generation Data Storage Market Size For Sans, By Country/Region, 2018–2027 ($Million)
Table 8 Global Next-Generation Data Storage Market Size, By Storage Medium, 2018–2027 ($Million)
Table 9 Next-Generation Data Storage Market Size For Hdds, By Country/Region, 2018–2027 ($Million)
Table 10 Next-Generation Data Storage Market Size For Ssds, By Country/Region, 2018–2027 ($Million)
Table 11 Next-Generation Data Storage Market Size For Magnetic Tape, By Country/Region, 2018–2027 ($Million)
Table 12 Global Next-Generation Data Storage Market Size, By Architecture, 2018–2027 ($Million)
Table 13 Next-Generation Data Storage Market Size For File & Object-Based Storage, By Country/Region, 2018–2027 ($Million)
Table 14 Next-Generation Data Storage Market Size For Block Storage, By Country/Region, 2018–2027 ($Million)
Table 15 Global Next-Generation Data Storage Market Size, By End User, 2018–2027 ($Million)
Table 16 Next-Generation Data Storage Market Size For Bfsi, By Country/Region, 2018–2027 ($Million)
Table 17 Next-Generation Data Storage Market Size For Healthcare, By Country/Region, 2018–2027 ($Million)
Table 18 Next-Generation Data Storage Market Size For Retail, By Country/Region, 2018–2027 ($Million)
Table 19 Next-Generation Data Storage Market Size For Manufacturing, By Country/Region, 2018–2027 ($Million)
Table 20 Next-Generation Data Storage Market Size For Government, By Country/Region, 2018–2027 ($Million)
Table 21 Next-Generation Data Storage Market Size For It & Telecom, By Country/Region, 2018–2027 ($Million)
Table 22 Next-Generation Data Storage Market Size For Other End Users, By Country/Region, 2018–2027 ($Million)
Table 23 Global Next-Generation Data Storage Market, By Region, 2018–2027 ($Million)
Table 24 North America: Next-Generation Data Storage Market, By Country, 2018–2027 ($ Million)
Table 25 North America: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 26 North America: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 27 North America: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 28 North America: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 29 U.S.: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 30 U.S.: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 31 U.S.: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 32 U.S.: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 33 Canada: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 34 Canada: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 35 Canada: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 36 Canada: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 37 Europe: Next-Generation Data Storage Market, By Country, 2018–2027 ($Million)
Table 38 Europe: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 39 Europe: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 40 Europe: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 41 Europe: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 42 Germany: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 43 Germany: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 44 Germany: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 45 Germany: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 46 U.K.: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 47 U.K.: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 48 U.K.: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 49 U.K.: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 50 France: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 51 France: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 52 France: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 53 France: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 54 Italy: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 55 Italy: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 56 Italy: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 57 Italy: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 58 Roe: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 59 Roe: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 60 Roe: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 61 Roe: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 62 Asia-Pacific: Next-Generation Data Storage Market, By Country, 2018–2027 ($Million)
Table 63 Asia-Pacific: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 64 Asia-Pacific: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 65 Asia-Pacific: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 66 Asia-Pacific: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 67 China: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 68 China: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 69 China: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 70 China: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 71 Japan: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 72 Japan: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 73 Japan: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 74 Japan: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 75 India: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 76 India: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 77 India: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 78 India: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 79 South Korea: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 80 South Korea: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 81 South Korea: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 82 South Korea: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 83 Roapac: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 84 Roapac: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 85 Roapac: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 86 Roapac: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 87 Latin America: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 88 Latin America: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 89 Latin America: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 90 Latin America: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 91 Mea: Next-Generation Data Storage Market, By Storage Type, 2018–2027 ($Million)
Table 92 Mea: Next-Generation Data Storage Market, By Storage Medium, 2018–2027 ($Million)
Table 93 Mea: Next-Generation Data Storage Market, By Architecture, 2018–2027 ($Million)
Table 94 Mea: Next-Generation Data Storage Market, By End User, 2018–2027 ($Million)
Table 95 Recent Developments By Major Players During 2017–2020
Table 96 Partnerships, Agreements, And Collaborations, 2017–2020
Table 97 Acquisitions, 2017–2020
Table 98 New Storage Medium Launches, 2017–2020
Table 99 Expansions, 2017–2020
List Of Figures
Figure 1 Research End-User
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Market Sizing And Growth Forecast Approach
Figure 6 Sans Segment Dominates The Global Next-Generation Data Storage Market
Figure 7 Hdds Segment Dominates The Global Next-Generation Data Storage Market
Figure 8 File & Object-Based Storage Segment Dominates The Global Next-Generation Data Storage Market
Figure 9 Bfsi Segment Dominates The Global Next-Generation Data Storage Market
Figure 10 Next-Generation Data Storage Market Overview: 2018–2027
Figure 11 Next-Generation Data Storage Market Size, By Storage Type, 2018–2027 ($Million)
Figure 12 Next-Generation Data Storage Market Size, By Storage Medium, 2018–2027 ($Million)
Figure 13 Global Next-Generation Data Storage Market Size, By Architecture, 2018–2027 ($Million)
Figure 14 Global Next-Generation Data Storage Market Size, By End User, 2018–2027 ($Million)
Figure 15 Global Next-Generation Data Storage Market Size, By Region, 2018–2027 ($Million)
Figure 16 Growth Strategies Adopted By Key Players, 2017–2020
Figure 17 Ibm Corporation: Financial Overview (2017–2019)
Figure 18 Dell Technologies: Financial Overview (2017–2019)
Figure 19 Hewlett Packard Enterprise Development Lp: Financial Overview (2017–2019)
Figure 20 Hitachi Ltd.: Financial Overview (2017–2019)
Figure 21 Huawei Technologies Co., Ltd.: Financial Overview (2017–2019)
Figure 22 Netapp: Financial Overview (2017–2019)
Figure 23 Cloudian Inc.: Financial Overview (2017–2019)
Figure 24 Drobo Inc.: Financial Overview (2017–2019)
Figure 25 Inspur: Financial Overview (2017–2019)
Figure 26 Fujitsu: Financial Overview (2017–2019)
Figure 27 Pure Storage, Inc.: Financial Overview (2017–2019)
Figure 28 Netgear: Financial Overview (2017–2019)
Figure 29 Samsung: Financial Overview (2017–2019)
Figure 30 Western Digital Corporation: Financial Overview (2017–2019)
Figure 31 Nutanix: Financial Overview (2017–2019)