Press release
All Flash Array Market Global Strategies and Insight Driven Transformation 2021-2026 | Kaminario Inc., Dell Inc., Hewlett Packard Enterprise Development LP, NetApp Inc
Global All Flash Array Market report provides an in-depth analysis of the key market insights, its future trends and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the market size and CAGR of the important segments, thus providing quick relevant information of the global market. The report consists of several aspects that affect the growth of the All Flash Array market. It also offers an excellent growth opportunity for the new entrants and assisting them to get more profit.The global all-flash array market is projected to grow at a CAGR of 26.3% during the forecast period from 2021 to 2026. The increase in data generated by the enterprise, coupled with the growing adoption of cloud technology, is expected to drive the market. Moreover, with big data and analytics, the data access and processing patterns demand a higher storage performance, along with increased concurrency (Big Data aggravates the data mobility issues); The NVMe-based SSD is gaining traction in the market studied.
- The adoption of flash storage is highly dependent on its benefits, such as power consumption, increasing performance, and ease of maintenance, which have been boosting the adoption rate. Mission-critical applications, including real-time analytics and demanding database systems, can be performed easily with flash storage systems. Furthermore, developments, such as Non-Volatile Memory Express (NVMe), have further aided an increased market for enterprise all-flash storage.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Kaminario Inc., Dell Inc., Hewlett Packard Enterprise Development LP, NetApp Inc., Violin Systems LLC, IBM Corporation, Fujitsu Ltd., Pure Storage, Inc., Western Digital Corporation, Huawei Technologies Co., Ltd.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global All Flash Array market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
Strategic Points Covered in TOC:
BFSI is Expected to Hold Significant Share
- Financial services firms are witnessing challenges concerning rapid changes arising from transformation to become truly digital businesses. Retail and investment banking, insurance companies, and brokerages have been serving customers who demand higher service levels through mobile and application interfaces. This raises the need for speed and reducing read/write times. Banks have been coping with previously unseen scale and pace of data growth while consolidating and managing such data from a data and IT perspective. Also, with the demand for offering an improved performance (IOPS), low latency, and higher availability across new business services, the sector has fueled the adoption for all-flash arrays.
- For instance, Huawei's OceanStor Dorado series of AI-powered all-flash arrays are specifically designed to cater to the financial industry. The offering includes a set of unique technologies that deliver the superior IOPs speeds and lowest latency numbers in such domains. Bank V, an eastern Russia-based bank, found that its branch network grew to over 700 branches. As transaction volumes expanded, there's a need to integrate different systems, which usually lead to greater complexity
Competitive Landscape
- May 2020 - Dell launched midrange all-flash enterprise storage arrays. The PowerStore featured seven times faster and three times lower latency than previous Dell EMC midrange storage arrays. It was designed explicitly with the faster NVMe (non -volatile memory express) protocol and supported storage -class memory through Intel Optane solid-state drives. With this launch, Dell improved the data reduction ratio from 3:1 to 4:1 with a machine -learning engine helping enterprises automate labor-intensive processes, for instance, initial volume placement, data migrations, and load balancing.
- February 2020 - IBM announced that its non-mainframe storage array products from entry-level to high-end will come under the FlashSystem brand, with product configurations that range from three drives to multiple petabytes in a single system and hybrid/multi-cloud connectivity. All FlashSystem arrays will run IBM s Spectrum Virtualize software, which incorporates storage virtualization functionality that can pool storage from more than a claimed 500 products from other suppliers.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/02082592762/all-flash-array-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=21
All Flash Array Marketing Analysis and Strategies Carry Out as below:
The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the All Flash Array market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the All Flash Array market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the All Flash Array Market report.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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