Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:6.18

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.18

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

The Next-generation Storage Market is projected to grow at a CAGR of 18.23% between 2022 and 2032. The market size is forecast to increase by USD 30,914.67 million during this period. The growth of the Next-generation Storage Market is driven by the increasing demand for high-speed and scalable data storage solutions, the rise in data generation, and advancements in storage technologies.

Market Overview:

Drivers:

The Next-generation Storage Market is experiencing growth due to the exponential growth of data generated by organizations, individuals, and IoT devices. Next-generation storage solutions offer improved data access, reduced latency, and enhanced performance.

Moreover, the adoption of cloud computing and the need for efficient data management are driving market demand. Next-generation storage technologies enable seamless integration with cloud environments.

Trends:

The adoption of solid-state drives (SSDs) and non-volatile memory express (NVMe) technology is a prominent trend. SSDs provide faster data access and NVMe optimizes data transfer between storage and computing components.

Furthermore, the use of software-defined storage (SDS) and hyper-converged infrastructure (HCI) solutions is influencing the market. These technologies offer flexibility, scalability, and simplified management of storage resources.

Restraints:

Challenges related to data security and privacy can restrain market growth. Organizations must implement robust security measures to protect sensitive data stored in next-generation storage solutions.

Additionally, concerns about the cost of implementation and migration from legacy storage systems can impact adoption. Organizations must assess the total cost of ownership and return on investment when adopting new storage solutions.

Next-generation Storage Market Segmentation by Storage System:

The All-Flash Array (AFA) segment is expected to witness significant growth during the forecast period. AFAs provide high-performance storage capabilities and are suitable for applications requiring low latency.

Next-generation Storage Market Segmentation by End User:

The IT and telecommunication segment is anticipated to experience strong growth in the Next-generation Storage Market. IT and telecom companies require high-speed and reliable storage solutions to manage large volumes of data.

Regional Overview:

Download the report summary now!
Request pdf Sample

North America is expected to lead the global Next-generation Storage Market, driven by the region's advanced IT infrastructure, the presence of technology giants, and the demand for data-intensive applications.

Moreover, the Asia Pacific (APAC) region is projected to experience substantial growth as countries in the region invest in digital transformation and require scalable storage solutions.

Next-generation Storage Market Customer Landscape:

The report includes insights into the customer landscape, identifying industries and sectors that extensively use next-generation storage solutions. It outlines customer preferences, such as data performance, scalability, and integration capabilities.

Major Next-generation Storage Market Companies:

Companies in the Next-generation Storage Market are adopting strategies such as acquisitions, partnerships, and product innovations to strengthen their market position.

Sample companies in the Next-generation Storage Market include:

Dell Technologies Inc.
Hewlett Packard Enterprise Development LP
NetApp, Inc.
Pure Storage, Inc.
IBM Corporation
Western Digital Corporation
Micron Technology, Inc.
Samsung Electronics Co., Ltd.
Seagate Technology PLC
Toshiba Corporation

Segment Overview:

The Next-generation Storage Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

Storage System Outlook (USD Million, 2019 - 2032)

All-Flash Array (AFA)
Hybrid Array
Storage Area Network (SAN)
Network-Attached Storage (NAS)
Object Storage
Others

End User Outlook (USD Million, 2019 - 2032)

IT & Telecommunication
BFSI
Healthcare
Retail
Government & Public Sector
Others

Geography Outlook (USD Million, 2019 - 2032)

North America

The U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
Japan

South America

Brazil
Argentina
Rest of South America

Middle East & Africa

UAE
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Next-generation Storage MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Next-generation Storage MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Next-generation Storage Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Next-generation Storage MARKET BY Storage system landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Direct Attached Storage (DAS)

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Network Attached Storage (NAS)

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 Storage Area Network (SAN)

5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Next-generation Storage MARKET BY Storage Architecture INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 File and Object-based Storage (FOBS)

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Block Storage

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Next-generation Storage MARKET REGIONAL OUTLOOK

7.1. Next-generation Storage Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Next-generation Storage Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Next-generation Storage Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Next-generation Storage Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Next-generation Storage Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Next-generation Storage Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Dell

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Hewlett Packard Enterprise Company

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 NetApp

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Hitachi Ltd

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 IBM Corporation

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Next Generation Storage Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032