Next-Generation Data Storage Market Size to Hit USD 134.45 Billion by 2029, Registering a CAGR of 8.70% - Data Bridge Market Research

Next-Generation Data Storage Market research document is generated with the best and advanced tools of collecting, recording, estimating, and analysing market data. The business report can be used by both established and new players in the industry for complete understanding of the market. The analysis of this large scale report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame. With a devotion and commitment of supreme level of resilience and integrated approaches, this market research report has been structured. Additionally, Next-Generation Data Storage report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus.

Market analysis and market segmentation has been reviewed here in terms of markets, geographic scope, years considered for the study, currency, and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. This reliable report plays very major role in achieving high business growth and success in this competitive market place for this industry. A nice blend of market intelligence and industry expertise used in this business report definitely helps achieve the business goals. Businesses can assertively refer such high-quality Next-Generation Data Storage Market report to accomplish a supreme success.

Global Next-Generation Data Storage Market was valued at USD 68.98 billion in 2021 and is expected to reach USD 134.45 billion by 2029, registering a CAGR of 8.70% during the forecast period of 2022-2029. Network Attached Storage (NAS) is expected to witness high growth in the respective market owing to their ease and beneficial features. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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Next-Generation Data Storage Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

Penetration of IoT in Industries

The increase in the penetration of IoT in industries such as healthcare, manufacturing and retail, among others supporting the adoption of cloud computing acts as one of the major factors driving the next-generation data storage market.

Rapid Digitization

The rise in digitization of information in residential and commercial places due to the increased use of mobile computing devices such as smartphones, tablets, and laptops, among others. Also, the rise in generation of digital information across industry verticals such as retail, and BFSI, among others has a positive impact on the market.

Development of Effective Cloud Platforms

The development of effective, flexible and scalable cloud platforms owing to the information generated across the enterprise sector rapidly rising accelerate the market growth. Also, rise in the number of customers seeking for improved options for storing and managing their information has a positive impact on the market.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the next-generation data storage market.

Opportunities

Furthermore, increased need for data analytics extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, adoption of cloud storage and solid-state drives will further expand the market.

Restraints/Challenges

On the other hand, concerns regarding breach in data security in cloud and server-based services are expected to obstruct market growth. Also, high cost associated with cloud storage and delivering robust and high-speed data storage are projected to challenge the next-generation data storage market in the forecast period of 2022-2029.

Top Leading Key Players of Next-Generation Data Storage Market:

4DS Memory Limited (Australia), Adesto Technologies Corporation. (US), Avalanche Technology (US), Cypress Semiconductor Corporation. (US), Everspin Technologies Inc. (US), FUJITSU (Japan), IBM (US), Microchip Technology Inc. (US), Nantero. (US), SAMSUNG (South Korea), Rambus (US), SK HYNIX INC. (South Korea), Spin Memory Inc. (US), NXP Semiconductors. (Netherlands), Toshiba CORPORATION (Japan), Texas Instruments Incorporated. (US), Western Digital Corporation (US), and Viking Technology (US), among others

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Global Next-Generation Data Storage Market Segmentations:

Type

Direct Attached Storage (DAS)
Network Attached Storage (NAS)
Storage Area Network (SAN)
Others

Architecture

File-Based
Object-Based
Block Storage
Others

Storage Technology

Hard Disk Drive
Magnetic Tape
All-Flash Array
Hybrid Flash Array

Application

BFSI
Retail
Healthcare
Media and Entertainment
Manufacturing
Government
Telecom and IT
Others

Next-Generation Data Storage Market Country Level Analysis

The countries covered in the next-generation data storage market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Table of Content: Global Next-Generation Data Storage Market

Part 01: Executive Summary

Part 02: Scope of the Next-Generation Data Storage Market Report

Part 03: Global Next-Generation Data Storage Market Landscape

Part 04: Global Next-Generation Data Storage Market Sizing

Part 05: Global Next-Generation Data Storage Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-next-generation-data-storage-market

Next-Generation Data Storage Market Key Benefits over Global Competitors:

The report provides a qualitative and quantitative analysis of the Next-Generation Data Storage market trends, forecasts, and market size to determine new opportunities.
Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analysed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in the Next-Generation Data Storage

Some of the key questions answered in these Next-Generation Data Storage market reports:

What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
Which are the key factors driving the Next-Generation Data Storage?
What was the size of the emerging Next-Generation Data Storage by value in 2021?
What will be the size of the emerging Next-Generation Data Storage in 2029?
Which region is expected to hold the highest market share in the Next-Generation Data Storage?
What trends, challenges and barriers will impact the development and sizing of the Global Next-Generation Data Storage?
What is sales volume, revenue, and price analysis of top manufacturers of Next-Generation Data Storage?
What are the Next-Generation Data Storage opportunities and threats faced by the vendors in the global Next-Generation Data Storage Industry?

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