Press release
Personal and Entry Level Storage (PELS) Market to reach USD 3.14 Bn by 2029, Regional Insights and Emerging Trends
Personal and Entry Level Storage (PELS) Market is expected to grow at a CAGR of 19.6 percent during the forecast period and the market is expected to reach from USD 0.75 Bn in 2021 to USD 3.14 Bn by 2029.Personal and Entry Level Storage (PELS) Market Report Scope and Research Methodology
Personal and entry level storage (PELS) is required to store and manage data properly for future use. The increase in internet penetration and rise in the volume of digital data are expected to drive the global PELS market. The rapid expansion of the IT and telecom industry across the globe is one of the key drivers in the market. Additionally, an increase in data loss cases in numerous industries and demand for data backup for security are some of the driving factors behind the growth of the global PELS market.
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The report has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTLE analysis with the potential impact of micro-economic factors by region on the market are presented in the report.
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Personal and Entry Level Storage (PELS) Market Dynamics
Hard disk drives (HDD) are expected to share significant growth in the global PELS market. HDD is a data-storing device that is used for storing and retaining a large amount of data. The drive is a mechanical device that is coated with magnetic substances for the usage of personal and entry-level storage. The growth in the market is attributed to the extensive usage of the PELS technology to store data about the information about clients and users according to their preferences and interest.
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On the other hand, an increase in data privacy and data security concerns is expected to limit the growth in the global PELS market.
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Personal and Entry Level Storage (PELS) Market Regional Insights
The growth in the market is attributed to the presence of the prominent personal and entry level storage provider in the region. Additionally, an increase in the usage of social media and online platforms for many applications in developed countries in this region is expected to boost the growth in the personal and entry-level storage (PELS) market.
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Personal and Entry Level Storage (PELS) Market Segmentation
By Product:
Non-cloud based storage
o Recordable discs for PELS
o Flash drives for PELS
o Hard disk drives (HDD) for PELS
o Solid state drives (SSD) for PELS
Cloud based storage for PELS
By Technology:
SAS (serial attached SCSI)
DAS (direct attached storage) for PELS
NAS (network attached storage)
Cloud based storage
Others
By End-Use Industry:
Financial services
Media and entertainment
Healthcare and life sciences
Public sector
Others
Personal and Entry Level Storage (PELS) Market Key Competitors include:
International Business Machines Corporation (IBM)
NetApp Inc.
EMC Corporation
Symantec Corporation
Cisco Systems Inc.
CA Technologies
Brocade
Dell Inc.
Hewlett-Packard Company
Hitachi Data Systems (HDS)
Toshiba Corporation
Seagate Technology
Western Digital Corporation
Enterprise (HPE) Company
Pure Storage, Inc.
Nutanix, Inc.
Tintri, Inc.
Simplivity Corp.
Scality, Inc.
Table of Content for Personal and Entry Level Storage (PELS) Market
Global Personal and Entry Level Storage (PELS) Market: Research Methodology
Global Personal and Entry Level Storage (PELS) Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Personal and Entry Level Storage (PELS) Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Personal and Entry Level Storage (PELS) Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by End-Use Industry (2021-2029)
Regional Personal and Entry Level Storage (PELS) Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by End-Use Industry (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product, Technology and End-Use Industry
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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