Global Next Generation Data Storage Market: Overview
The Global Next Generation Data Storage Market is expected to grow at a significant rate, during the forecast period 2019-2025. Next generation storage technology is used to improve data management and storage across various different verticals, which includes financial services, telecommunication, information technology, healthcare, government, manufacturing and others. The next generation data storage technology helps in managing large data securely and enables reliable, secure and fast recovery of data in a cost-efficient manner. The growing presence of I/O devices in various sector and the increasing need for managing, analyzing and storing huge amount of data are some of the factors that are expected to encourage the growth of the global Next Generation Data Storage market in the upcoming period.
In addition, massive growth in digital data volume, proliferated use of smartphones, laptops, and tablets and growth of the IoT market are other factors estimated to accelerate the growth of the market in the next few years. Moreover, the reduction in prices of solid-state drives, higher functionality, and longer life span of the storage devices will fuel the growth of the Next Generation Data Storage market in the forecast period.
Further, growing demand for advanced time-saving technologies including automated systems, smart technologies, online shopping, and the internet of things, etc. which require handling of large data generated by the enterprises will contribute to the growth of the Next Generation Data Storage market in upcoming periods. Additionally, growing demand for next generation data storage in various industries will foster the global next-generation data storage market.
Next Generation Data Storage Market Storage Systems analysis
On the basis of storage systems, the Next Generation Data Storage market has been segmented into Direct-Attached, Network-Attached and Cloud. Cloud dominates the global Next Generation Data Storage market owing to its low cost of deployment and easy availability. Moreover, cloud properties like complete ownership of the storage space and can be accessed from remote places will influence Cloud-based storage systems. Network- attached will boost by its features like easy accessibility from any connected device for multiple authenticated users via a network.
Next Generation Data Storage Market System Architecture Analysis
On the basis of Storage Architecture, the Next Generation Data Storage market has been segmented into File & Object-Based and Block based. File & Object based segment dominates the global Next Generation Data Storage market owing to rapidly growing huge volumes of structured and unstructured data generation by large enterprises is leading to an increased need for File & Object based System to manage those huge volumes of data. Block-based segment will influence by it’s an efficient and reliable way to store data and is easy to use and manage which are usable in enterprises performing big transactions and those that deploy huge databases.
Next Generation Data Storage Market System Technology Analysis
On the basis of Storage Technology, the global Next Generation Data Storage market has been segmented into Magnetic Storage, Solid-state Storage, Cloud-based Storage, Holographic and Hybrid Array. Cloud Storage segment will lead the market due to its features such as storage management and remote internet accessibility. Moreover, it is maintained, operated, and managed by the cloud storage service providers on virtually built storage servers. The hybrid array will influence by its features such mix of SSDs and hard-disk drives which speeds faster access to stored data than spinning disk can provide. Holographic will boost by its high capacity data storage technology.
Next Generation Data Storage Market End-User Industry Analysis
On the basis of End-user industry, the global Next Generation Data Storage market has been segmented into BFSI, Retail, IT &Telecom, Healthcare, Government, Education, and Media & Entertainment. By End-User Industry, BFSI will lead the market due to Next Generation Data Storage owing to increase in the number of smartphones for online transactions, the rise in e-commerce activities, growth in national and international trade, and increased need to store a large amount of data. Government segment will foster by cloud technology to delivering better services within the allocated budget and with improved quality and numerous ways at the lower cost
Regional analysis of Next Generation Data Storage Market
On the basis of region, the Next Generation Data Storage Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the world Next Generation Data Storage market over the forecast period due to the growing adoption of technology and the presence of already established infrastructure in every industry. Moreover, the increasing volume of unstructured data across various industries coupled with rapid technological advancements has led to an increased demand for the secure, reliable, and cost-efficient storage infrastructure in North America. The Asia-Pacific will be fastest growing market due to the presence of a large number of IT industries in the Asia Pacific region and huge investments in the data storage sector to provide their existing infrastructures with new data storage technologies and solutions to improve the production process.
The objective of the Study:
· To analyze and forecast market size of the global Next Generation Data Storage Market, in terms of value.
· To examine the careful market segmentation and forecast the market size, in terms value, on the basis of the region by segmenting Next Generation Data Storage market into five regions, namely, North America, Europe, Asia Pacific, Middle East, and their leading countries.
· To outline, categorized and forecast the global Next Generation Data Storage market on the basis of storage type, storage architecture, Storage Technology, and End-user industry.
· To examine competitive developments like technological advancement, services, and regulative framework within the global Next Generation Data Storage Market.
· To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
· To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Global Next Generation
Data Storage Market Competitive Landscape
Companies such as Dell Inc., Avago Technologies, EMC Corporation, Hewlett-Packard Development Company, L.P., HGST, Inc., Hitachi Data Systems, IBM Corporation, NetApp, Inc., Drobo, Inc., Toshiba Corporation, Pure Storage, Inc., Nutanix, Inc., Scality, Tintri, Inc., Cloudian, Inc. , Drobo, Inc. Quantum Corporation, Western Digital Corporation, Samsung Electronics, Fujitsu Ltd., VMware, Inc., Nexenta Systems, Inc., Netgear Inc., and Micron Technology Corporation are the key players in the global Next Generation Data Storage market.
Key Target Audience:
· Market research and consulting firms
· Industry associations
· Global Next Generation Data Storage Services Provider
· Research organizations and consulting companies
· Global Next Generation Data Storage distributors
· Organizations, associations, and alliances related to Next Generation Data Storage
· Regulatory bodies
Scope of the Report
By Storage System
By Storage Architecture
· File- & Object-Based
By Storage Technology
· Magnetic Storage,
· Solid-state Storage
· Cloud-based Storage
· Hybrid Array
By End-user Industry
· IT &Telecom
· Education, Media & Entertainment
In addition, the report provides an analysis of the Next Generation Data Storage Market with respect to the following geographic segments:
· Rest of Europe
Asia Pacific (APAC)
· Rest of Asia Pacific
· Rest of Latin America
· Saudi Africa
· Rest of Middle-East
Business Questions answer by the report
· How will the market drivers, restraints and opportunities affect the market dynamics?
· What will be the market size in terms of value and volume and market statistics with detailed classification
· Which segment dominates the market or region and one will be the fastest growing and why?
· A comprehensive survey of the competitive landscape and the market participant players
· Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:
Additional Company Information
· With five additional company detail analysis.
· Additional country analysis.
· Detailed segment analysis.
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Sources
2.2. Quantitative Research
2.2.1. Primary & Secondary Sources
2.3. Breakdown of Primary Research Respondents, By Region
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Market Size Estimation
2.6. Assumption for the Study
2.7. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insights
4.1. Industry Impact and Forces
4.1.1. Growth Drivers
4.2. Regulatory Framework
4.3. By Company (Market Share 2018)
4.4. Growth Potential analysis, 2018
4.5. Strategic Outlook
4.6. Porter’s Five forces analysis
4.7. PESTEL Analysis
5. Global Next Generation Data Storage Market Overview
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast 2015-2025, (USD Million)
5.2.1. By Storage System
5.2.2. By Storage Architecture
22.214.171.124. File- & Object-Based
5.2.3. By Storage Technology
126.96.36.199. Magnetic Storage
188.8.131.52. Solid-state Storage
184.108.40.206. Cloud-based Storage
220.127.116.11. Hybrid Array
5.2.4. By End-User Industry
18.104.22.168. IT &Telecom
22.214.171.124. Media & Entertainment
5.2.5. By Region
126.96.36.199. North America
188.8.131.52. Asia Pacific
6. North America Next Generation Data Storage Market
6.1. Key Regional Trends
6.2. Market estimates & forecast, 2015-2025 (USD Million)
6.2.1. By Storage Systems
6.2.2. By Storage Architecture
6.2.3. By Storage Technology
6.2.4. By End-User Industry
6.2.5. By Country
7. Europe Next Generation Data Storage Market
7.1. Key Regional Trends
7.2. Market estimates & forecast, 2015-2025 (USD Million)
7.2.1. By Storage Systems
7.2.2. By Storage Architecture
7.2.3. By Storage Technology
7.2.4. By End-User Industry
7.2.5. By Country
8. Asia Pacific Next Generation Data Storage Market
8.1. Key Regional Trends
8.2. Market estimates & forecast, 2015-2025 (USD Million)
8.2.1. By Storage Systems
8.2.2. By Storage Architecture
8.2.3. By Storage Technology
8.2.4. By End-User Industry
8.2.5. By Country
9. Latin America Next Generation Data Storage Market
9.1. Key Regional Trends
9.2. Market estimates & forecast, 2015-2025 (USD Million)
9.2.1. By Storage Systems
9.2.2. By Storage Architecture
9.2.3. By Storage Technology
9.2.4. By End-User Industry
9.2.5. By Country
10. Middle East & Africa Next Generation Data Storage Market
10.1. Key Regional Trends
10.2. Market estimates & forecast, 2015-2025 (USD Million)
10.2.1. By Storage Systems
10.2.2. By Storage Architecture
10.2.3. By Storage Technology
10.2.4. By End-User Industry
10.2.5. By Country
10.2.5.1. Saudi Arabia
11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)
11.1. Dell Inc.
11.2. Avago Technologies
11.3. EMC Corporation
11.4. Hewlett-Packard Development Company, L.P.,
11.5. HGST, Inc.,
11.6. Hitachi Data Systems,
11.7. IBM Corporation,
11.8. NetApp, Inc.
11.9. Drobo, Inc.,
11.10. Toshiba Corporation,
11.11. Pure Storage, Inc.
11.12. Nutanix, Inc.
11.13. Quantum Corporation
11.14. Western Digital Corporation
11.15. Samsung Electronics
11.16. Fujitsu Ltd.
11.17. VMware, Inc.