Hybrid Storage Arrays Market is anticipated to grow at a significant CAGR during the forecast period. A hybrid array is a form of hierarchical storage management that combines hard disk drives (HDDs) with solid-state drives (SSDS) for input/output (I/O) speed improvements. The major factor driving the market growth includes the advantage the hybrid storage arrays offer over an all-flash array. Hybrids have a mixture of HDDs and SSDs, while the all-flash array is equipped only with SSDs.
The global hybrid storage arrays market growth is also attributable to the proliferation of big data and thus the big data analytics. Therefore, the all-flash array is being suitable for applications such as big data analytics that lack in providing flexibility and scalability to the organizations. Adding to this, hybrid-flash arrays offer an optimal overall balance between cost, performance, and capacity. Thus, there is expected a boom in the hybrid storage arrays in the future years owing to its added features. Some key players operating in the market include Apple, Inc., Microchip Technology Inc., Dell Technologies, Inc., and Fusion-io, Inc., among others. These players are focusing on strengthening their position in the market by adopting strategies such as mergers and acquisitions, partnerships, collaborations, new product launches and development in the existing product portfolio, etc.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Type
- By Application
Competitive Landscape: Apple, Inc., Microchip Technology Inc., Dell Technologies, Inc., and Fusion-io, Inc., among others.
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Hybrid Storage Arrays Market Report Segmentation
By Type
- Personal Storage
- Commercial Storage
By Application
- Data Management
- Solid State Cache
- Memory Management Software
Hybrid Storage Arrays Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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