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Data Storage Market Growth Opportunities and Future Scope, 2019-2026

12-08-2022 11:37 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Data Storage Market Growth Opportunities and Future Scope,

Allied Market Research published a new report, titled, "Data Storage Market Growth Opportunities and Future Scope, 2019-2026." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Businesses or IT organizations are adopting scale out architecture such as storage virtualization and hyper converged infrastructure to improve the infrastructure efficiency is a major factor anticipated to boost the data storage market over the forecast period. However, lack of funds to upgrade traditional storage infrastructure among developing countries in various regions are some of the major factors hampering the growth of the market.

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The data storage market is segmented based on storage type, industry vertical, and region. Based on storage type, it is bifurcated into consumer storage and enterprise storage. The consumer storage segment is further bifurcated into optical disk, memory card, USB flash drives, solid state devices, and hard disk drive (HDD). The enterprise storage segment is classified into flash storage, cloud-based storage, hard disk drive (HDD), software defined storage, and hyper-converged infrastructure. Based on industry vertical, the market is categorized into education, media & entertainment, defense and aerospace, IT & telecommunications, healthcare and life sciences, banking, financial services and insurance (BFSI), and others.

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Based on region, the data storage market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players profiled in the data storage market analysis are IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., SanDisk Corporation, Hitachi Data Systems (Hitachi, Ltd.), EMC Corporation (Dell Inc.), and Nexenta Systems, Inc. (DataDirect Networks). These market players are adopting various strategies such as mergers and acquisition, to expand its market share and presence across various regions.

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Key Benefits:

• The study provides an in-depth analysis of the data storage market size along with the current trends and future estimations to elucidate the imminent investment pockets.

• Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.

• Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

• The quantitative analysis of the data storage market industry from 2019 to 2026 is provided to determine the market potential.

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Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.


David Correa
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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