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Global Next Generation Data Storage Market SWOT Analysis to 2027 Lead By Hitachi, Micron Technology. NetApp, Nutanix Pure Storage, Scality, Tintri by DDN, Toshiba, Dell and Hewlett Packard Enterprise Development LP

05-02-2019 05:36 AM CET | IT, New Media & Software

Press release from: The Insight Partners

Global Next Generation Data Storage Market

Global Next Generation Data Storage Market

Next Generation Storage technologies are used to store and recover information faster and more efficiently. This technology manages extensive data securely and enables reliable, secure and fast recovery of data in a cost-efficient manner. It has enabled scalable storage and handling of extensive data generated by big enterprises. It includes technologically advanced data storage products and solutions to deal with increasing file sizes and a huge amount of unstructured data. The next generation data storage market is heavily influenced by driving factors such as increasing penetration of high-end cloud computing, massive growth in digital data volumes, increased use of smartphones, laptops, and tablets and growth of IoT market. However, a breach in the cloud and server-based services in data security and less structured data is impacting negatively on the growth of this market.

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Some of the leading players in global market Dell Technologies, Hewlett Packard Enterprise Development LP, Hitachi, Ltd., Micron Technology, Inc., NetApp, Nutanix, Pure Storage, Inc., Scality, Tintri by DDN, Toshiba India Pvt. Ltd

The report aims to provide an overview of the next generation data storage market with detailed market segmentation by storage architecture, storage system, and storage medium and by end user. The global next generation data storage market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading next generation data storage market players and offers key trends and opportunities in the next generation data storage market.

The global next generation data storage market is segmented on the basis of by storage architecture, storage system, and storage medium and by end user. Based on storage architecture the market is segmented as file and object based storage, and block storage. Further the file and object based storage is segmented as file storage and object storage. On the basis of storage system the market is segmented as direct-attached, network-attached and Storage Area Network. On the basis of storage medium the market is segmented as hard disk drive and solid-state drive and tape. On the basis of end user the market is segmented as enterprises, government bodies, telecom companies and cloud service providers. Further the enterprise is segmented as BFSI, consumer goods, retail, healthcare, media and entertainment and manufacturing.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Next generation data storage market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The next generation data 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 next generation data 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 & Central America after evaluating political, economic, social and technological factors effecting the Next generation data storage market in these regions.

The reports cover key developments in the next generation data 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 payers from Next generation data storage market are anticipated to lucrative growth opportunities in the future with the rising demand for Next generation data storage in the global market. Below mentioned is the list of few companies engaged in the Next generation data storage market.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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