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AI-Powered Storage Market Forecast 2023-2032 Research By Top Industry Players - Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Technologies Inc., Hitachi Ltd.
AI-Powered Storage Market share
The Business Research Company's AI-Powered Storage Global Market Report 2023 identifies rising prevalence of acute ischemic stroke cases as the major driver for the AI-Powered Storage market's growth in the forecast period. Data centers refer to facilities that offer shared access to applications and data through a sophisticated network, computing, and storage infrastructure. AI-powered storage analyses vast amounts of real-time data in data centers using machine learning algorithms and predictive analytics that allows data center operators to identify patterns and make informed decisions to optimize resource allocation, capacity planning, and workload management.
The global AI-Powered storage market is expected to grow from $20.77 billion in 2022 to $25.99 billion in 2023 at a compound annual growth rate (CAGR) of 25.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The AI-Powered storage market is expected to reach $63.47 billion in 2027 at a CAGR of 25%.
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Major competitors in the AI-Powered Storage market are Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Technologies Inc., Hitachi Ltd., Lenovo Group Limited, Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Fujitsu Limited, Micron Technology Inc., Hewlett Packard Enterprise Company (HPE), Nvidia Corporation, Toshiba Corporation, Pure Storage Inc., Veritas Technologies LLC, Cohesity Inc., Infinidat, Tintri Inc., CTERA Networks Ltd., Zadara Inc., Pavilion Data Systems Inc., MinIO Inc., DriveScale Inc., and Caringo Inc.
A key trend in the AI-Powered Storage market includes product innovation. Major companies operating in the AI-powered storage market are working on product innovations to sustain their position in the market. For instance, in September 2020, Enmotus, a US-based technology company, launched the industry's first AI-powered SSD, the FuzeDrive SSD. FuzeDrive offers high-capacity storage that performs better in practical applications and lasts significantly longer by combining high-end static SLC and QLC on a single M.2 board. SSDs self-optimize storage systems to ensure that heavy or often used storage traffic from programs to the SLC and that the QLC is used to store less used or inactive quantities of data, thereby not taxing the QLC's limited endurance.
Read More On The Global AI-Powered Storage Market Report Here:
https://www.thebusinessresearchcompany.com/report/ai-powered-storage-global-market-report
The AI-Powered Storage market is segmented -
By Offering: Software, Hardware
By Storage System: Direct-attached Storage, Network-attached Storage, Storage Area Network
By Storage Medium: Hard Disk Drive (HDD), Solid State Drive (SSD)
By Storage Architecture: File and Object-Based Storage, Block Storage
By End-User: Enterprises, Government Bodies, Cloud Service Providers, Telecom Companies, Other End-users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the AI-Powered Storage market.
The Business Research Company's "Global AI-Powered Storage Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The AI-Powered Storage Market Include:
1. Executive Summary
2. AI-Powered Storage Market Characteristics
3. AI-Powered Storage Market Trends And Strategies
4. AI-Powered Storage Market - Macro Economic Scenario
5. Global AI-Powered Storage Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global AI-Powered Storage Market Competitive Benchmarking
33. Global AI-Powered Storage Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI-Powered Storage Market
35. AI-Powered Storage Market Future Outlook and Potential Analysis
36. Appendix
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