Next-generation Data Storage Market by Storage System and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71311
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The next-generation data storage market share should rise by USD 24.11 billion from 2022 to 2026 at a CAGR of 7.86%.

This next-generation data storage market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by storage system (SAN, NAS, and DAS) and geography (North America, Europe, APAC, South America, and MEA). The next-generation data storage market report also offers information on several market vendors, including Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., and Toshiba Corp. among others.

What will the Next-generation Data Storage Market Size be in 2022?

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Next-generation Data Storage Market: Key Drivers and Trends

The massive growth in digital data volume is notably driving the next-generation data storage market growth, although factors such as high operating expenses for vendors may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the next-generation data storage industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This next-generation data storage market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Next-generation Data Storage Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Dell Technologies Inc.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • NetApp Inc.
  • Nutanix Inc.
  • Pure Storage Inc.
  • Scality Inc.
  • Toshiba Corp.

 

The vendor landscape of the next-generation data storage market entails successful business strategies deployed by the vendors. The next-generation data storage market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the next-generation data storage market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Next-generation Data Storage Market?

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42% of the market’s growth will originate from North America during the forecast period. The US is the key market for next-generation data storage in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing demand for IoT and big data operations will facilitate the next-generation data storage market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Storage System Segments in the Next-generation Data Storage Market?

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The next-generation data storage market share growth by the SAN segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the next-generation data storage market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Next-generation Data Storage Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.86%

Market growth 2022-2026

$ 24.11 billion

Market structure

Fragmented

YoY growth (%)

7.05

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 42%

Key consumer countries

US, China, UK, France, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., and Toshiba Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

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.

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What are the Key Factors Covered in this Next-generation Data Storage Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive next-generation data storage market growth during the next five years
  • Precise estimation of the next-generation data storage market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the next-generation data storage market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of next-generation data storage market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Storage system

    • Market segments
    • Comparison by Storage system
    • SAN - Market size and forecast 2021-2026
    • NAS - Market size and forecast 2021-2026
    • DAS - Market size and forecast 2021-2026
    • Market opportunity by Storage system

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • APAC - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Dell Technologies Inc.
      • Fujitsu Ltd.
      • Hewlett Packard Enterprise Co.
      • Hitachi Ltd.
      • International Business Machines Corp.
      • NetApp Inc.
      • Nutanix Inc.
      • Pure Storage Inc.
      • Scality Inc.
      • Toshiba Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The next-generation data storage market growth will increase by $24112.06 million during 2021-2026.
      The next-generation data storage market is expected to grow at a CAGR of 7.86% during 2021-2026.
      Technavio has segmented the next-generation data storage market by other1 (SAN, NAS, and DAS) and geographic (North America, Europe, APAC, South America, and MEA).
      Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., Toshiba Corp. are a few of the key vendors in the next-generation data storage market.
      North America will register the highest growth rate of 41.74% among the other regions. Therefore, the next-generation data storage market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the next-generation data storage market growth are:
      • Massive growth in digital data volume
      The next-generation data storage market vendors should focus on grabbing business opportunities from the san segment as it accounted for the largest market share in the base year.
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