Global Next-Generation Data Storage Market 2020 - Forecast to 2025: Storage Area Network to Hold Largest Size of Next-Generation Data Storage Market

Dublin, Oct. 02, 2020 (GLOBE NEWSWIRE) -- The "Global Next-Generation Data Storage Market by Storage System (Direct-Attached, Network-Attached, Storage Area Network), Storage Architecture (File- & Object-Based, Block), Storage Medium (SSD, HDD, Tape), End-user and Region - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The next-generation data storage market is estimated to grow from USD 53.9 billion by 2020 to USD 81 billion by 2025; it is projected to grow at a CAGR of 8.5% during the forecast period.

The report describes the next-generation data storage market and related developments in terms of storage system, storage architecture, storage medium, and end user across different regions. It aims at estimating the market size and future growth potential of this market across different segments - storage system, storage architecture, storage medium, and end user, and geography. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Next-generation data storage includes computing technologies and devices that are used to store, port, and extract data more quickly and efficiently. It deals with the security and management of data, and harnessing of the information to meet the application and software networking needs of end users. Next-generation data storage comprises various computer-controlled systems and equipment which are used to store and accurately retrieve data for reuse. There is a rapid increase in the volume of data generated in organizations and industries, which leads to the rising need for storage devices and technologies.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary
3.1 Storage Area Network to Hold Largest Size of Next-Generation Data Storage Market During Forecast Period
3.2 File- and Object-Based Storage to Register Higher CAGR in Market During Forecast Period
3.3SSD to Hold Largest Share of Market by 2025
3.4 Next-Generation Data Storage Market for Cloud Service Providers to Grow at Highest CAGR During Forecast Period
3.5 North America to Hold Largest Share of Market in 2020

4 Premium Insights
4.1 Next-Generation Data Storage Market Opportunities
4.2 Market in North America, by Country and End-user
4.3 Market, by Storage System
4.4 Market, by Storage Architecture
4.5 Market, by Storage Medium
4.6 Market, by End-user
4.7 Next-Generation Data Storage Market, by Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Massive Growth in Digital Data Volumes
5.2.1.2 Proliferated Use of Smartphones, Laptops, and Tablets
5.2.1.3 Growth of IoT Market
5.2.1.4 Increasing Penetration of High-End Cloud Computing
5.2.2 Restraints
5.2.2.1 Breach in Data Security in Cloud and Server-Based Services
5.2.2.2 Less Structured Data
5.2.3 Opportunities
5.2.3.1 Increased Need for Data Analytics
5.2.3.2 Growing Adoption of Cloud Storage and Solid-State Drives
5.2.4 Challenges
5.2.4.1 Delivering Robust and High-Speed Data Storage
5.2.4.2 High Cost Associated With Cloud Storage

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Advantages of Next-Generation Data Storage Over Traditional Data Storage
6.4 Industry Trends

7 Next-Generation Data Storage Market, by Storage System
7.1 Introduction
7.2 Direct-Attached Storage
7.2.1 Direct-Attached Storage is Oldest and Convenient Data Storage Systems
7.3 Network-Attached Storage
7.3.1 Network-Attached Storage to Grow at Highest Rate
7.4 Storage Area Network
7.4.1 Storage Area Network Held Largest Share of Market in 2019

8 Next-Generation Data Storage Market, by Storage Medium
8.1 Introduction
8.2 Hard Disk Drive
8.2.1 Hard Disk Drive Provides High Storage Capacities at Affordable Prices
8.3 Solid-State Drive
8.3.1 Solid-State Drive to Hold Largest Share of Market in 2025
8.3.1.1 All-Flash Arrays
8.3.1.2 Hybrid Flash Arrays
8.4 Tape
8.4.1 Tape Offers Long-Term Data Retention

9 Next-Generation Data Storage Market, by Storage Architecture
9.1 Introduction
9.2 File- and Object-Based Storage
9.2.1 File Storage
9.2.1.1 File-Level Storage is Usually Used in Nas Devices as It Offers Comparatively More Storage Space
9.2.2 Object Storage
9.2.2.1 Object Storage is Preferred by Cloud Storage Providers Due to Its Massive Scalability and Shared Tenancy Features
9.3 Block Storage
9.3.1 Server-Based Operating Systems Control and Format Each Block as Per Need in Block Storage

10 Next-Generation Data Storage Market, by End-user
10.1 Introduction
10.2 Enterprises
10.2.1 Bfsi
10.2.1.1 Bfsi Held the Largest Share of Market in Enterprises
10.2.2 Consumer Goods
10.2.2.1 Consumer Goods Sector Witnessed the High Adoption of Cloud Storage
10.2.3 Retail
10.2.3.1 Advent of Online Retailers is Boosting the Market
10.2.4 Healthcare
10.2.4.1 High-Powered Analytics, Distant Data Sharing, Advanced Medical Research, and Telemedicine Capabilities Are Driving the 10.2.5 Media and Entertainment
10.2.5.1 High-Powered Analytics, Distant Data Sharing, Advanced Medical Research, and Telemedicine Capabilities Are Driving the Market for the Healthcare Industry
10.2.6 Manufacturing
10.2.6.1 Advanced and Flexible Storage Solutions Help Manufactures Work Efficiently With the Available Data
10.2.7 Others
10.2.7.1 Next-Generation Data Storage Products Are Designed to Handle Major Security Challenges in Industries Such as Aerospace & Defense and Energy
10.2.7.2 Aerospace and Defense
10.2.7.3 Business and Consulting
10.2.7.4 Education and Research
10.2.7.5 Energy
10.3 Government Bodies
10.3.1 Government Bodies Worldwide Have Adopted Digitization and Data Analytics Technologies to Improve Their Strategic Planning
10.4 Telecom Companies
10.4.1 Data Science and Big Data Analytics Are the Major Emerging Opportunities in the Telecom Sector
10.5 Cloud Service Providers
10.5.1 Cloud Storage Solutions Offer Enterprises the Flexibility to Scale Up or Scale Down the Storage Capacity, Depending on the Business Requirements
10.6 Impact of COVID-19 on Major Industries

11 Geographic Analysis

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis: Market, 2019
12.3 Competitive Leadership Mapping, 2019
12.3.1 Visionary Leaders
12.3.2 Innovators
12.3.3 Dynamic Differentiators
12.3.4 Emerging Companies
12.4 Competitive Situations and Trends
12.4.1 Product Launches and Developments
12.4.2 Partnerships and Collaborations
12.4.3 Acquisitions
12.4.4 Agreements

13 Company Profiles
13.1 Key Players
13.1.1 Dell
13.1.2 Hewlett Packard Enterprise (HPE) Company
13.1.3 IBM
13.1.4 Netapp
13.1.5 Hitachi
13.1.6 Toshiba
13.1.7 Pure Storage
13.1.8 Nutanix
13.1.9 Scality
13.1.10 Micron Technology
13.2 Other Key Players
13.2.1 Tintri
13.2.2 Cloudian
13.2.3 Drobo
13.2.4 Quantum
13.2.5 Western Digital
13.2.6 Samsung
13.2.7 Fujitsu
13.2.8 VMware
13.2.9 Nexenta Systems
13.2.10 Netgear
13.2.11 Inspur

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