MARKET INTRODUCTION

A data center storage system is a type of warehouse to store business data for a particular purpose and period by the end-user. This data can be shared by fetching data from the storage servers and forwarding it to the desired individual. The data center storage comprises of HDD and SSD devices that are commonly used in SAN, NAS, and DAS environments. The stored data can be either archived or used as a backup in case of a tragedy or system failure.

MARKET DYNAMICS

The growth in the deployment of edge computing is the primary factor driving the growth of the data center storage market. However, High investment cost and concern related to security is the major factor which may restrain the growth of the data center storage market. Additionally, increasing volume, veracity, velocity, and variety (4vs) of data is anticipated to fuel the growth of the global data center storage market.

MARKET SCOPE

The "Global Data Center Storage Market Analysis to 2028" is a specialized and in-depth study of the data center storage market with a special focus on the global market trend analysis. The report aims to provide an overview of data center storage market with detailed market segmentation by storage system, application. The global data center storage market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data center storage market players and offers key trends and opportunities in the data center storage market.

MARKET SEGMENTATION

The global data center storage market is segmented on the basis of storage system, application. On the basis of storage system, the market is segmented as storage area network (SAN), network-attached storage (NAS), direct-attached storage (DAS). On the basis of application, the market is segmented as IT and telecommunications, BFSI, government, healthcare, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data center storage market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data center storage market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting data center storage market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the data center storage market in these regions.

MARKET PLAYERS

The reports cover key developments in the data center storage market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from data center storage market are anticipated to lucrative growth opportunities in the future with the rising demand for data center storage market. Below mentioned is the list of few companies engaged in the data center storage market.

The report also includes the profiles of key data center storage market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- IBM Corporation
- Dell Inc.
- Hewlett Packard Enterprise
- NetApp
- DataDirect Networks
- Fujitsu Limited
- Oracle Corporation
- Netgear
- Hitachi Data Systems
- Toshiba Corporation

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.