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Enterprise Data Storage Market Analysis With Key Players and Opportunities by 2023 - EMC, Dell, Hewlett Packard Enterprise, IBM and NetApp

01-14-2019 07:01 AM CET | IT, New Media & Software

Press release from: P&S Intelligence

Enterprise Data Storage Market Analysis With Key Players

The global enterprise data storage market is growing at a rapid pace, as more data is being digitized and deposited on storage disks of different size capacities. The increased demand for cloud computing services is a major growth driver, which is fuelling the growth of the global enterprise data storage market.

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Enterprise Data Storage is the centralized source for storage of business information, which provides data protection and management. Enterprise data storage provides data sharing functions, through connections to various computer systems. It is developed as a resolution for the enterprises, which deal with heavy loads of critical business information. The unconstrained connectivity and support for numerous platforms in operation are some of the key features of enterprise data storage, which is again propelling the growth of the global enterprise data storage market.

As organizations are turning into big enterprises, the need for enterprise data storage is also increasing. Data storage systems need to be durable, scalable, low in cost, agile, and should be able capable to handle huge loads of data and sustain the huge data growth.

The development of big data analytics is a major trend witnessed in the global enterprise data storage market. The management of large, unstructured, complex data is not possible through conventional data processing techniques. Big data analytics has been introduced to solve the challenge, over unstructured information or data.

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The global enterprise data storage market is dominated by major players, which include EMC Corporation, Dell, Hewlett-Packard Development Company L.P., International Business Machines S.A. (IBM), and NetApp, These players account for a double digit market share in the global enterprise data storage market. The other competitors in the global enterprise data storage market include Western Digital Technologies Inc., FUJITSU, Seagate Technology LLC, Xiotech Corporation, Pure Storage Inc., Oracle Corp.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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