Next-generation Storage Market Size, Status, Recent Trends and Future Scope Analysis 2021 to 2025 - Dell Inc., Hewlett Packard Enterprise Company, NetApp Inc., Hitachi Ltd.

The Market Insights Reports has added a new statistical data to its repository titled as, Global Next-generation Storage Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. It also presents a futuristic growth outlook of the Next-generation Storage Market in a pre- and post-COVID-19 scenario.

The next-generation storage market was valued at USD 24.01 billion in 2019 and is expected to reach a value of USD 45.45 billion by 2025, registering a CAGR of 11.4%, during the forecast period (2020 - 2025).

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Top Key Players in the Global Next-generation Storage Market are Dell Inc., Hewlett Packard Enterprise Company, NetApp Inc., Hitachi Ltd., IBM Corporation, Toshiba Corp., Pure Storage Inc., Nutanix Inc., Tintri Inc., Simplivity Corp., Scality Inc., and others.  

Scope of the Report:

Next-generation storage technology deals with an advanced portfolio of products and solutions which helps to store data across various end-user industries that include IT firms, Automotive industries, data centers, among others. With the increasing file sizes and a huge amount of big and unstructured data, IT companies are facing plenty of problems to deal in data management. The next-generation data storage infrastructure offers reliable, faster and cost-effective solution helps them to meet the demands of growing data storage.

Key Market Trend:

Retail Sector to Drive the Demand in the Market

- Growth in data is urging modern-day retailers to move increasing amounts of data to the cloud in order to take advantage of the clouds storage capabilities and accessibility. By investing in innovative cloud technologies, retailers can leverage Big Data to reduce operating costs, produce sales, and improve customer relationships.
- As the volume of retail data skyrockets, brands are relying more on the flexibility, scalability, and cost-effectiveness of the cloud. Combining cloud storage and Big Data analytics is enabling retailers to exploit reliable, real-time access across all channels, fuel data-driven decision-making from the C-Suite to the sales floor, and allocate IT resources for enhancing the customer experience across the E-commerce segment.

Investigator Observers Strong Growth in Specific Regions:

– North America (United States, Canada, Mexico)
– Europe (Germany, UK, France, Italy, Spain, Russia)
– Asia-Pacific (China, Japan, South Korea, Australia, India)
– South America (Brazil, Argentina, Columbia)
– The Middle East and Africa (UAE, Egypt, South Africa)        

Full Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/01091745534/next-generation-storage-market-growth-trends-and-forecast-2020-2025?Mode=28

Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Next-generation Storage Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth     

Frequently Asked Questions about Next-generation Storage Market:

–   Who are the key players operating in the Next-generation Storage Market?
–   Which is the leading segment in the market?
–   At What CAGR is the market projected to grow in the forecast period (2021-2025)?
–   What is the key factor driving the market?
–   Which data rates would lead the market during the forecast period?
–   Which region is expected to dominate the Next-generation Storage Market in the next five years?

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Irfan Tamboli (Head of Sales) – Market Insights Reports
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