Data storage

Data Storage Market to Record Robust Growth Rate to 2026 | Allied Market Research

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The market will be driven by the growing need for smartphones, laptops, PCs and online storage software in small and large businesses.

PORTLAND, PORTLAND, OR, USA, Feb. 27, 2022 /EINPresswire.com/ — Enterprises or IT organizations are adopting scalable architecture such as storage virtualization and hyper-converged infrastructure to improve the efficiency of infrastructure, is a major factor expected to drive the data storage market over the forecast period.

However, lack of funds to upgrade traditional storage infrastructure in developing countries across various regions is one of the major factors hampering the growth of the market.

The data storage market is segmented on the basis of storage type, industry vertical, and region.

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Based on the type of storage, it is divided into consumer storage and enterprise storage. The consumer storage segment is further divided into optical disc, memory card, USB flash drives, solid state devices, and hard disk drive (HDD). The enterprise storage segment is categorized into flash storage, cloud-based storage, hard disk drive (HDD), software-defined storage, and hyperconverged infrastructure.

Based on industry vertical, the market is categorized into education, media & entertainment, defense & aerospace, IT & telecommunications, healthcare & life sciences, banking, financial services & insurance (BFSI), and others. Based on region, the data storage market is analyzed across North America, Europe, Asia Pacific, and LAMEA.

Key players profiled in the data storage market analysis are IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., SanDisk Corporation, Hitachi Data Systems (Hitachi, Ltd.), EMC Corporation (Dell Inc.) and Nexenta Systems, Inc. (DataDirect Networks). These market players are adopting various strategies such as mergers and acquisitions, to expand its market share and presence in various regions.

Main benefits for stakeholders:

• The study provides an in-depth analysis of the data storage market size along with current trends and future estimates to elucidate impending investment pockets.

• Information on key drivers, restraints and opportunities and their market size impact analysis is provided.

• Porter’s five forces analysis illustrates the power of buyers and suppliers operating in the industry.

• Quantitative analysis of the data storage market industry from 2019 to 2026 is provided to determine the market potential.

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Finally, this report provides market insights in the most comprehensive way. The structure of the report has been kept to provide maximum business value. It provides essential insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those looking to enter the market.

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1. Healthcare Data Storage Market

2. Storage as a service market

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