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The All-Flash Array (AFA) Market size is estimated to grow at a CAGR of 24.57% between 2022 and 2027. The market size is forecast to increase by USD 31,027.13 million. The growth of the market depends on several factors, including the growing enterprise storage market, increasing adoption of SSDs in laptops and gaming and high-end PCs, and increasing demand for all-flash arrays in enterprise applications. An all-flash array is a storage infrastructure that contains only flash memory drives instead of spinning disk drives. All-flash storage is also referred to as a Solid-State Array (SSA). All-flash arrays and SSAs offer speed, performance, and agility for different business applications.
This all-flash array market report extensively covers market segmentation by type (solid-state drives (SSD) and custom flash modules (CFM)), end-user (enterprises, HDCS, and CSPs), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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One of the key factors driving the all-flash array market growth is the increasing adoption of SSDs in laptops and gaming and high-end PCs. There is increasing adoption of SSDs by laptop manufacturers due to their several benefits such as faster booting, faster processing speed, low power consumption, and small size, as well as the growing demand for thin and compact laptops. Additionally, the growing demand for optimized and power-efficient laptops is also contributing to the market growth.
For example, in August 2021, Micron Technology, Inc. launched Crucial P5 Plus PCIe SSDs as an expansion of its NVMe SSD portfolio to offer high-performance internal Gen4 storage options to end-users. Therefore, the several advantages offered by the SSDs such as fast boot-ups, faster processing speed, low power consumption, and small size will positively impact the all-flash array (AFA) market growth. Hence, such factors are expected to drive market growth during the forecast period.
A key factor shaping the all-flash array market growth is the increasing demand for high-performance storage solutions. There is an increasing demand for high-performance storage systems to handle big data and analytics applications which is positively impacting all-flash array (AFA) market growth. The main advantage of enterprise flash storage when compared to conventional storage systems in terms of performance is that it enables rapid data access, retrieval, and analysis.
Furthermore, there is an increasing adoption of flash storage across several enterprises as it is ideal for managing significant amounts of data in real-time due to its high input/output operations per second (IOPS) and low latency. In addition, the efficiency of big data processing is increased fuelled by the capacity of the flash storage system to manage multiple workloads at the same time and offer stable performance. Hence, such factors are expected to drive market growth during the forecast period.
Issues related to the reliability of all-flash arrays are one of the key challenges hindering the all-flash array market growth. The main drawback associated with flash storage is that it has limited write cycles. Additionally, high electric fields are applied to the tunnel oxide during each P/E cycle which increases stress. Tunnel oxide can be referred to as a thin oxide that leads to other effects, including erratic bits and over-program must also generate the most effective algorithm to develop a successful and reliable technology.
Furthermore, the main factor which determines the reliability of flash storage is the number of P/E cycles it can withstand before failure and the capacity of the memory to store the requisite information when external power is not applied. Additionally, as flash storages are susceptible to power failure, it leads to corrupt data or results in their failure. Hence, such factors can hinder the market growth during the forecast period.
The solid-state drives (SSD) segment is estimated to witness significant growth during the forecast period. An SSD can be referred to as a solid-state disk or an electronic disk that is used for data storage and is manufactured using semiconductors. The main similarity of SSDs with HDDs is that it uses the same I/O interface design and store data in solid-state memory. These SSDs are mainly manufactured from silicon microchips and store data electronically.
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The solid-state drives (SSD) segment was the largest segment and was valued at USD 3,752.83 million in 2017. The main advantage of SSDs when compared to HDDs is that they use spinning disks to read and write data and have no moving parts, which makes them faster, more reliable, and less prone to failure. Additionally, this segment generates minimal heat when compared to HDDs and is also more energy-efficient. Some of the main form factors in which SSDs are available include 2.5-inch, M.2, and U.2. These are widely used in laptops, desktops, servers, and other electronic devices. Some of the main benefits of SSDs include proper and faster functioning, durability, portability, and easy installation. Hence, such factors ree expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.
The increasing adoption of all-flash array across enterprise segments due to their high performance increases market growth. Some of the main factors for the increasing adoption of all-flash arrays across several organizations, non-profit organizations (NPOs), and governmental organizations include high-performance autonomous operation, predictive analytics, real-time analytics, and application-level management and operation of enterprises. There is an increasing preference for all-flash arrays with the highest performance, lowest cost, and customized features across enterprises which significantly contributes to the growth of this segment. Hence, such factors will fuel the growth of this segment which in turn will drive the market growth during the forecast period.
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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. As North America is an early adopter of new and advanced technology, the all-flash array market in the region is mostly mature. One of the main countries which is significantly contributing to the growth of the global all-flash array market in North America is the US due to the presence of several data centers in the country.
Additionally, there is a higher adoption of containerized data centers in North America which is positively impacting the all-flash array market growth in the region. Furthermore, there is an increasing preference for energy-efficient IT infrastructure across organizations in North America which is expected to drive market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global all-flash array market witnessed a significant slowdown due to the halt in economic activities such as manufacturing, construction, and trading, resulting in a decline in the demand for new PCs and laptops in workplaces. in North America. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the restoration of operations in several industries. Such factors are expected to drive the market during the forecast period.
The all-flash array market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global All-Flash Array Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Dell Technologies Inc: The company offers all-flash arrays such as Dell PowerMax NVMe, Dell PowerStore, and Dell EMC Unity XT.
Furukawa Electric Co. Ltd: The company offers all-flash array under the brand, Fujitsu Ltd.
Hewlett Packard Enterprise Co: The company offers all-flash array such as HPE Nimble Storage All-Flash Array, HPE Primera, and HPE 3PAR StoreServ.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The all-flash array market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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All-Flash Array Market Scope |
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Report Coverage |
Details |
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Page number |
168 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 24.57% |
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Market growth 2023-2027 |
USD 31,027.13 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
23.65 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 36% |
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Key countries |
US, Canada, China, UK, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
CMS Distribution, DataDirect Networks Inc., Dell Technologies Inc., Furukawa Electric Co. Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., ionir inc., Lenovo Group Ltd., MacroSAN Technology Co. Ltd., Micron Technology Inc., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Quantum Corp., Veritas Technologies LLC, VIOLIN Systems LLC, and Western Digital Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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