Enterprise Flash Storage Market Analysis, Status and Business Outlook 2021 to 2025

The report is designed to provide a holistic view of the Enterprise Flash Storage Market 2021-2025. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). High-level interpretation of Enterprise Flash Storage Market attributes using proprietary tools such as the Penetration Mapping Index, and other successful representational tools such as Porter’s Five Forces Analysis, SWOT, PESTEL, Ansoff’s Matrix, etc. Regional estimates and forecasts & trend analysis for each country and region are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Enterprise Flash Storage Market investments from 2021 till 2025.

The enterprise flash storage market is expected to register a CAGR of 13.67% during the forecast period 2020 to 2025.

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The Enterprise Flash Storage Market is highly competitive and is moderately fragmented that consists of significant individual players such as Pure Storage, NetApp Inc., Hewlett Packard Enterprise, Dell Technologies Inc, Huawei Technologies Co., Ltd.

Key Market Trends:
IT & Telecom Expected to Hold Major Market Share

The IT industry is the largest segment by market value in the flash storage market and is expected to be the highest grosser by the end of the forecast period. Demand for flash devices will remain stable in both the client and the enterprise markets for the next few years, owing to the advancements in technology, and this will likely increase the availability of better technology at a lower price. Rapid growth in the usage of storage devices is justified by the companies' increased amount of data being generated and processed. SSDs were primarily being used either in consumer devices, or to add a little boost in the performance to a server or storage array.

- The market has evolved considerably since then, and the usage of storage devices has moved into almost every area of the data center, and penetrated different areas within IT.
- HDDs are not exhausted in the market, and they still hold a considerable share. The IT industry relied immensely on the hard drives to store data before the evolution of cloud and online drives. The rate of growth of flash storage devices is significantly higher in the market. This transformation is slowly underway, but an effective solution to store data physically enables data security more than any other online database that is used for storage.
- With the development of high-density flash technologies, today's all-flash storage solutions offer faster performance and higher capacity in a fraction of the data center footprint. As the IT industry's data volumes continue to grow, enterprises can see significant cost savings over time from the simplification of management and a reduction in space, power, and cooling costs.
- For instance, In February 2020, Huawei Technologies Co Ltd announced a new range of OceanStor 5G- era storage solutions that aimed to help carriers and enterprises to cope with the evolving growth of the data generated in the 5G era and promote the upgrade of data infrastructure. The company's 5G-era storage solution includes the OceanStor Dorado all-flash storage, automated data management system, and OceanStor distributed storage each aimed to fulfill the organization's complete data life cycle.
- Additionally, with the advent of support for 4k/8k Video, VR/AR applications and enterprise services such as smart manufacturing, remote inspection, intelligent security protection leveraging technologies such as 5G, AI are transforming the traditional support tools within IT & Telecom sector to service innovation platforms where data storage and processing volumes are expected to from T-bit level to P-bit level further leverages the growth of the market.

Asia-Pacific Region Expected to Witness Significant Growth

Asia-Pacific is expected to witness the highest adoption rate, owing to a growing number of enterprises and international storage vendors entering the market. The ever increasing adoption of cloud computing drives the region in the enterprises and the growth in the data generated and data centers in the region.

- The region is poised to witness the fastest growth rate, owing to developments in India and China. Over the years, with the rise in internet penetration in India. The region is seeking cloud adoption to leverage the increasing need for business innovation and agility, and the ability to scale in the competitive market followed by government thrust towards digital India.
- Currently, India is immediate after China as the fastest-growing cloud services market across the Asia Pacific. Digital disruption is expected to drive flash storage in India, especially in taxi industries, government, hospitals, public education, and manufacturing. Furthermore, IoT, where every sensor produces some amount of data that needs to be stored somewhere to do analytics, is also expected to drive flash storage adoption in the country, as IoT penetration increases
- Moreover, global players, such as Google, Alibaba, Amazon, and Microsoft, have all opened data centers in Singapore; with other companies to follow suit, the demand for flash storage in data centers is expected to increase.
- For Instance, In 2019, Equinix Inc., a global interconnection and data center vendor, announced to expand Platform Equinix with the construction of the company's fourth International Business Exchange data center in Singapore, called SG4. This new facility is likely to offer premium data center and interconnection services to help organizations with their IT transformation and cloud adoption initiatives, while also boosting the digital infrastructure of Singapore.

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Regions are covered By Enterprise Flash Storage Market Report 2021 to 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia and, Italy).
Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).

The Total Addressable Market (TAM) For estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of in the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.

Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Enterprise Flash Storage Market
-Changing the Enterprise Flash Storage Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Enterprise Flash Storage Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Enterprise Flash Storage Market.
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions about Enterprise Flash Storage Market:
– What are the recent developments and government policies?
– What are the top trends in the Enterprise Flash Storage Market?
– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Enterprise Flash Storage Market?
– Which region would offer high growth for vendors in the market?

The report has 150 tables and figures browse the report description and TOC
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