Emerging Investment Trends in Flash-Based Array Market that Drives the Revenue Growth 2019-2026
Flash-based array is a storage infrastructure that contains only flash memory drives instead of spinning-disk drives. Flash storage is also referred to as a solid-state array (SSA). Basically, SSA is a solid-state storage device that uses integrated circuit assemblies as memory to store data continuously. It is also known as a solid-state device or a solid-state disk.
The main advantage of the flash-based array is that it consumes less space than the conventional electromagnetic storage. In addition, the conventional electromagnetic storage consists of physically moving parts, which tend to create noise but that is not in the case of flash-based array.
The flash-based array is used in consumer electronics such as mobile phones, laptops, etc. Growth in adoption of cloud computing, mobile devices, Internet of Things, cognitive systems, artificial intelligence, and machine learning is expected to drive the flash-based array market.
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One of the major factors that is expected to drive the growth of the flash-based array market includes growth in adoption of cloud computing, mobile devices, Internet of Things, cognitive systems, artificial intelligence, and machine learning. However, high cost of flash-based array restrains the market growth. Furthermore, increase in need for efficient storage systems for unstructured data and big data makes provides lucrative opportunities for the growth of the global flash-based array market.
The flash-based array market is segmented based on product type, storage capacity, enterprise type, end user, and region.
Based on product type, the market is bifurcated into all-flash array and hybrid flash array. By enterprise type, it is categorized into large enterprise and SMEs. Based on storage capacity, it is divided into less than 100 TB, between 100 TB to 500 TB, between 500 TB to 1 PB, and more than 1 PB. By end user, it is classified into BFSI, healthcare, media & entertainment, IT & telecommunication, retail, government, manufacturing, and others. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.
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The major companies profiled in the flash-based array market include IBM Corporation, Oracle Corporation, Pure Storage Inc., Hewlett Packard Enterprise Development LP, NetApp Inc., Fujitsu Limited, Hitachi Data Systems Corporation, Huawei Technologies Co. Ltd., Dell EMC, Kaminario Inc., and others.
KEY BENEFITS FOR STAKEHOLDERS
o This study comprises analytical depiction of the flash-based array market share with current trends and future estimations to depict the imminent investment pockets.
o The overall potential is determined to understand the profitable trends to gain a stronger foothold in the flash-based array industry.
o The flash-based array market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
o The flash-based array market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
o Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Product Type
o All-Flash Array
o Hybrid Flash Array
By Enterprise Type
o Large Enterprise
By Storage Capacity
o Less than 100 TB
o Between 100 TB to 500 TB
o Between 500 TB to 1 PB
o More than 1 PB
By End User
o Media & Entertainment
o IT & Telecommunication
o North America
o Rest of Europe
o Rest of Asia-Pacific
o Latin America
o Middle East
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