The global next-generation data storage market size was valued at USD 53.1 billion in 2018 and is expected to grow at a CAGR of 12.5% from 2019 to 2025. Next-generation data storage has led to a significant increase in the global penetration of IoT in industries such as retail, healthcare, and manufacturing, resulting in increased adoption of cloud computing. The digitalization of information in residential and commercial places, supported by the increased use of mobile computing devices such as laptops, smartphones and tablets, is contributing significantly to the market growth. In addition, industries such as healthcare, retail and BFSI have seen a significant increase in the volume of digital information, requiring effective next-generation data storage devices.
A full report of Next Generation Data Storage Market is available at: https://www.orionmarketreports.com/next-generation-data-storage-market/25195/
The report provides a comprehensive assessment of the market. It does so through in-depth qualitative insights, historical data, and verifiable forecasts of market size. The predictions included in the report were derived using proven research methodology and assumptions. With it, the research report serves as an analysis and information repository for all aspects of the market including, but not limited to, regional markets, technologies, types, and applications.
Next Generation Data Storage Market Segmentation
By Storage Architecture
• File and Object-based Storage (FOBS)
• Block Storage
By Storage Medium
• SSD
• HDD
• Tape
By Storage System
• Direct Attached Storage (DAS)
• Network Attached Storage (NAS)
• Storage Area Network (SAN)
By End User
• Enterprise
• Government
• Cloud Service Providers
• Telecom
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Next Generation Data Storage Market Report
• What was the Next Generation Data Storage Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Next Generation Data Storage Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Next Generation Data Storage Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
