Press release
Global Next- Generation Storage Market || worth US$ 26.35Bn in 2020
Prophecy Market Insights
Key Highlights:
In April 2019, Dell Inc. introduced next generation midrange platform, Unity XT that offers improved data reduction capabilities, performance boost, and also offers being NVMe ready. Dell Inc. cloud storage services also provide unique access from Dell EMC storage solutions to the cloud.
Key Market Insights from the report:
The global next- generation storage market accounted for US $26.35Bn in 2020 and is projected to register a moderate CAGR of 11.50% over the forecast period. The market report has been segmented on the basis of storage system, storage architecture, end-user industry, and region.
By storage system, SAN is the dominating segment due to increase in demand for effective management of vast amount of data at low cost and ability to provide better flexibility
By storage architecture, the global market is classified into file and object-based storage (FOBS) and block storage
By end- user industry, the target market is bifurcated into BFSI, retail, IT and telecom, healthcare, media and entertainment, and other end-user industries.
By region, the market in North America accounts highest revenue share to the global next- generation storage market due to growing internet traffic and user generated data. The Asia Pacific next- generation storage market is expected to grow fast due to surge in data generated from various digital products and services.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Next- Generation Storage Market", By Storage System (Direct Attached Storage (DAS), Network Attached Storage (NAS), and Storage Area Network (SAN)), By Storage Architecture (File and Object-based Storage (FOBS) and Block Storage), By End- User Industry (BFSI, Retail, IT and Telecom, Healthcare, Media and Entertainment, and Other End-user Industries), and by Region - global forecast till 2030
To know the upcoming trends and insights prevalent in this market, click the link below:
Links:https://prophecymarketinsights.com/market_insight/Global-Next-Generation-Storage-Market-4054
The prominent player operating in the global next- generation storage market includes Dell Inc., Hewlett Packard Enterprise Company, NetApp Inc., Hitachi Ltd., IBM Corporation, Toshiba Corp., Pure Storage Inc., Data Direct Networks, and Scality Inc.
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Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.
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