On Cloud Lifesciences Enterprise Storage Global Trends, Market Share, Industry Size, Growth, Opportunities, Forecast to 2026

ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights of On Cloud Lifesciences Enterprise Storage. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of On Cloud Lifesciences Enterprise Storage Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of On Cloud Lifesciences Enterprise Storage market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of On Cloud Lifesciences Enterprise Storage

This newly published and insightful report sheds light on Market Insights of On Cloud Lifesciences Enterprise Storage, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of On Cloud Lifesciences Enterprise Storage Market.

Increasing difficulties arising in management and loading of clinical data from lifescience enterprises has propelled the need for adopting effective storage solutions. Leading players in the healthcare-IT industry are introducing effective lifesciences enterprise storage solutions to capture these concerns.

Moreover, several lifesciences organizations are adopting cloud-based storage models to share data securely and effectively across multiple landscapes in the healthcare industry. However, growing concerns over the safety of these lifesciences enterprise storage solutions is observed as a key deterrent of their adoption.

According to Fact.MR’s recent forecast study, the global lifesciences enterprise storage market will expand at a moderate pace of 4.2% CAGR in terms of value over the forecast period, 2017-2026. It has been estimated that by the end of 2026, the global lifesciences enterprise storage market will be worth over US$ 2.6 Bn.

Key Forecast Highlights from the Report
Pharmaceutical companies will be observed as key customer segments in the global lifesciences enterprise storage market. By the end of 2026, more than US$ 1.2 Bn worth of lifesciences enterprise storage solutions will be adopted by the pharmaceutical consumer segment. Governments and biotech companies are also being viewed as key customer segments for lifesciences enterprise storage.

In 2017, the adoption of storage attached network in the global lifesciences enterprise storage market is expected to bring in more than US$ 830 Mn in revenues. The report also reveals that server attached storages will register fastest value growth at a steady CAGR of 5.4% during the forecast period.

On-premise deployment of lifesciences enterprise storages will register highest share on global market value throughout the forecast period. However, on-cloud deployment of lifesciences enterprise storage will gain traction through 2026. By the end of the forecast period, more than US$ 1 Bn worth of lifesciences enterprise storages will be deployed with on-cloud model.

In 2017, North America’s lifesciences enterprise storage market was estimated to be worth over US$ 900 Mn. Robust infrastructure in the lifesciences sector across the US and Canada will continue to drive the growth of North America’s lifesciences enterprise storage market throughout the forecast period. By the end of 2026, North America will represent the largest market for lifesciences enterprise storage, accounting for an estimated global market value share of 46.5%.

Europe and the Asia-Pacific excluding Japan (APEJ) region is also expected to account for high revenue growth in the global lifesciences enterprise storage market. While Europe will account for more than 12% of the global market value growth throughout the forecast period, the APEJ lifesciences enterprise storage market is estimated to expand at the fastest value CAGR of 6.1% during the forecast period.

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The report has profiled key stakeholders in the global lifesciences enterprise storage market, which include HPE, NetApp, Dell Inc., IBM, ODM Direct and Hitachi. Majority of the players in the global lifesciences enterprise storage market are expected to introduce innovative storage solutions based on the data management needs of lifescience enterprises. Since the lifesciences enterprise storage landscape is currently at a nascent stage, the competition will remain consolidated through 2026, with aggressive presence of only handful of players.

Market Taxonomy
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Customer Segment
Academia
Biotech
CRO
Diagnostics and Screening
Government
Pharmaceuticals
Storage Type
Storage Attached Network
Network Attached Storage
Server Attached Storage
Delivery Model
On Premise
On Cloud

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Fact.MR, in its new report, offers an unbiased Market Analysis of On Cloud Lifesciences Enterprise Storage, Sales and Demand of On Cloud Lifesciences Enterprise Storage, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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