Press release
Global Big Data Storage Market to Grow at 13% CAGR Through 2032
The global storage in big data market is undergoing a transformative expansion as organizations generate and process massive volumes of data from diverse sources such as IoT devices, digital transactions, and connected platforms. The market is projected to be valued at US$63.4 billion in 2025 and is anticipated to reach US$132 billion by 2032, registering an impressive CAGR of 13% during the forecast period (2025-2032). This growth is primarily driven by the exponential increase in data generation, the proliferation of digital transformation initiatives, and the shift toward cloud-based storage solutions that offer scalability, security, and cost efficiency.Elevate your business strategy with comprehensive market data. Request a sample report now: https://www.persistencemarketresearch.com/samples/12235
Overview of the Market
The storage in big data market is witnessing exponential growth due to the rising adoption of digital technologies and the need to manage structured and unstructured data effectively. Enterprises across sectors such as BFSI, healthcare, retail, and manufacturing are increasingly investing in advanced data storage systems to enhance business intelligence, analytics, and real-time decision-making capabilities. The emergence of 5G, AI, and IoT technologies has also contributed to massive data accumulation, compelling organizations to adopt sophisticated storage solutions like cloud and hybrid storage models.
The market's rapid growth is reflected in its strong performance across various regions, with North America leading the global market. The region is expected to hold a 39.8% share in 2025, led by the U.S., which benefits from advanced digital infrastructure, early adoption of cloud technologies, and robust data center networks. Meanwhile, Asia Pacific is emerging as the fastest-growing region, fueled by government-led digitalization, increasing internet penetration, and growing industrial digital transformation. Among storage types, cloud storage dominates the landscape with an estimated 50.9% share in 2025, while services hold the leading component position with 44.2% share.
Key Highlights from the Report
The global storage in big data market is projected to reach US$132 billion by 2032, growing at a CAGR of 13%.
North America leads the market with a projected 39.8% share in 2025, supported by advanced digital infrastructure.
Asia Pacific is expected to record the fastest growth rate between 2025 and 2032.
Cloud storage dominates the market, accounting for 50.9% share in 2025 due to scalability and lower capital expenditure.
BFSI remains the leading end-user segment, while the healthcare sector is forecast to grow the fastest.
Meta Platforms' $10 billion cloud deal with Google Cloud (2025) marks a major industry development, strengthening long-term growth prospects.
Market Segmentation
The storage in big data market segmentation is typically based on component, storage type, and end-user industry. By component, the market is categorized into hardware, software, and services. Among these, services lead the segment with around 44.2% market share in 2025, owing to the growing demand for data management, backup, and recovery services across enterprises. The software segment, which includes data storage management and analytics solutions, is expected to experience the fastest growth, driven by the increasing integration of AI and machine learning into data handling systems.
Based on storage type, the market is divided into cloud storage, on-premises storage, and hybrid storage. Cloud storage dominates the market, accounting for more than half of the total share in 2025, primarily due to its flexibility, scalability, and cost-effectiveness. Cloud-based platforms enable businesses to store and access data seamlessly while reducing the need for costly physical infrastructure. Meanwhile, hybrid storage is gaining popularity as it offers the security of on-premises systems along with the agility of the cloud.
Read More: https://www.persistencemarketresearch.com/market-research/storage-in-big-data-market.asp
Regional Insights
North America remains the largest regional market for storage in big data, led by the United States, which is home to tech giants such as Google, Amazon, Microsoft, and IBM. The region's robust digital infrastructure, mature IT ecosystem, and rapid adoption of cloud-based enterprise solutions have strengthened its dominance. Additionally, the strong presence of data centers and investments in AI-driven analytics further propel market expansion in the region.
In contrast, the Asia Pacific region is witnessing the fastest growth, supported by government-backed digital transformation programs in countries like China, India, and Japan. The surge in e-commerce, manufacturing automation, and the rise of smart cities are generating vast data volumes, encouraging enterprises to invest in scalable storage solutions. Moreover, the region's expanding 5G networks and cloud service providers are further accelerating the adoption of big data storage technologies.
Market Drivers
One of the primary drivers of the storage in big data market is the exponential growth of data generation across industries. The rise of IoT-enabled devices, mobile applications, and digital transactions has led to unprecedented volumes of data that require efficient storage and processing. Additionally, the growing emphasis on real-time analytics and predictive insights is pushing organizations to adopt scalable, cloud-based storage solutions. The demand for AI and machine learning-driven analytics further intensifies the need for robust data storage infrastructure.
Another significant driver is the growing digital transformation initiatives across both private and public sectors. Enterprises are increasingly relying on data-driven decision-making, necessitating the use of large-scale storage systems capable of managing structured and unstructured data. The widespread adoption of hybrid and multi-cloud environments also enhances flexibility and cost optimization, further fueling market growth.
Market Restraints
Despite its rapid growth, the storage in big data market faces several challenges that could hinder progress. High infrastructure costs associated with large-scale storage implementation and data center maintenance remain a major restraint, particularly for small and medium-sized enterprises (SMEs). Additionally, data security and privacy concerns have become increasingly critical as cyber threats rise globally, compelling organizations to invest heavily in encryption and compliance measures.
Another challenge is the complexity of managing heterogeneous data systems. Enterprises often struggle to integrate and manage diverse data sources effectively, which can lead to inefficiencies and operational bottlenecks. Furthermore, regulatory compliance requirements regarding data sovereignty and storage practices in different countries add to the complexity of deployment and management.
Market Opportunities
The storage in big data market presents substantial growth opportunities in the coming decade. One of the most promising areas is the adoption of edge computing and hybrid cloud models, which bring data processing closer to the source, reducing latency and improving efficiency. This approach is particularly beneficial for industries like manufacturing, healthcare, and telecommunications, where real-time decision-making is critical.
Moreover, the integration of AI and machine learning into data storage systems is expected to enhance automation, optimize resource usage, and improve data retrieval processes. Another key opportunity lies in the expansion of data centers across emerging markets, particularly in Asia and Latin America, as governments and private enterprises invest in digital infrastructure development.
Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.persistencemarketresearch.com/request-customization/12235
Reasons to Buy the Report
✔ Gain detailed insights into market trends, growth drivers, and challenges shaping the global storage in big data industry.
✔ Understand the competitive landscape, key players, and technological advancements influencing the market.
✔ Identify high-growth segments and emerging opportunities across regional and industry verticals.
✔ Access precise market forecasts and data-driven insights to support strategic decision-making.
✔ Leverage expert analysis to align business strategies with evolving storage technologies and customer demands.
Frequently Asked Questions (FAQs)
How Big is the Storage in Big Data Market?
Who are the Key Players in the Global Storage in Big Data Market?
What is the Projected Growth Rate of the Storage in Big Data Market?
What is the Market Forecast for Storage in Big Data through 2032?
Which Region is Estimated to Dominate the Industry through the Forecast Period?
Company Insights
The storage in big data market features several prominent players that are driving innovation and expansion through strategic collaborations, mergers, and technology integration. Key companies include:
IBM Corporation
Microsoft Corporation
Amazon Web Services (AWS)
Google Cloud Platform (GCP)
Dell Technologies
Hewlett Packard Enterprise (HPE)
Oracle Corporation
NetApp Inc.
Huawei Technologies Co., Ltd.
Snowflake Inc.
Recent Developments
August 2025: Meta Platforms announced a US$10 billion, six-year cloud computing partnership with Google Cloud, expanding its data storage, networking, and analytics capabilities globally.
June 2025: IBM launched an upgraded version of its Cloud Pak for Data platform, incorporating AI-powered data management and storage features aimed at accelerating hybrid cloud adoption among enterprises.
Conclusion
The storage in big data market is entering a high-growth phase driven by technological advancements, data-intensive applications, and the global push for digital transformation. As organizations strive to unlock the full potential of their data, scalable and secure storage solutions have become mission-critical. The dominance of cloud storage, combined with emerging trends like hybrid cloud models and edge computing, underscores the industry's shift toward agility, efficiency, and innovation. With North America at the forefront and Asia Pacific rapidly catching up, the global market is poised for sustained growth through 2032.
Related Reports:
Welding Robotics Market https://www.persistencemarketresearch.com/market-research/welding-robotics-market.asp
Data Center Liquid Cooling Market https://www.persistencemarketresearch.com/market-research/data-center-liquid-cooling-market.asp
Diffractive Optical Element Market https://www.persistencemarketresearch.com/market-research/diffractive-optical-elements-market.asp
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Big Data Storage Market to Grow at 13% CAGR Through 2032 here
News-ID: 4216069 • Views: …
More Releases from Persistence Market Research
Neuroprosthetics Market Boom Fueled by Advances in Brain Computer Interface Tech …
The neuroprosthetics market plays a transformative role in bridging the gap between neuroscience and advanced medical technology. Neuroprosthetic devices restore or enhance lost neural functions by directly interfacing with the nervous system, offering life-changing solutions for patients suffering from neurological disorders, sensory impairments, or limb loss. These devices are widely used in the treatment of conditions such as Parkinson's disease, epilepsy, spinal cord injuries, and hearing or vision impairments. With…
Highly Visible Packaging Market to Reach US$82.6 Billion by 2031, Growing at 7.8 …
The global packaging industry has undergone a remarkable transformation in recent years, evolving from a focus on product protection and convenience to an essential component of brand identity and consumer engagement. Among the most dynamic segments within this industry is the highly visible packaging market. This market segment focuses on packaging that ensures products are noticeable and appealing to consumers at first glance. It combines advanced materials, innovative printing techniques,…
Cosmetics and Perfumery Glass Bottles Market Valued at US$25.4 Billion in 2024, …
The global packaging industry has witnessed remarkable transformation in recent years, especially within the beauty and fragrance segment. Among the different materials used, glass bottles have established themselves as the preferred choice for cosmetics and perfumery brands seeking premium quality, durability, and sustainability. Glass offers a timeless appeal and reflects elegance, making it ideal for showcasing luxurious products such as perfumes, lotions, and skincare formulations. With sustainability becoming a major…
Smart Faucets Industry Forecasted to Grow at a 10.4% CAGR, Surpassing USD 8.6 Bi …
Overview of the Smart Faucets Market
The global smart faucets market is witnessing remarkable growth, fueled by advancements in home automation and rising consumer preference for touchless technologies. Valued at US$ 4.3 billion in 2025, the market is projected to reach US$ 8.6 billion by 2032, growing at a robust CAGR of 10.4% during the forecast period (2025-2032). This surge is primarily driven by increasing hygiene awareness, smart home integration, and…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
