AI-Powered Storage to hit US$ 173.82 billion by 2032, Intelligent Data Management | Top 5 Companies - NVIDIA Corporation, NetApp, Seagate Technology LLC, Western Digital Corporation, Wiwynn Corporation

AI-powered storage market reached US$ 29.07 billion in 2024 and is expected to reach US$ 173.82 billion by 2032, growing with a CAGR of 25.05% during the forecast period 2025-2032.

DataM Intelligence has published a new research report on "AI powered Storage Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

In January 2025, SES AI Corporation partnered with AISPEX to deliver up to 100 MWh of AI-enhanced battery storage, with a potential $45 million order pipeline. The first 30 MWh, $13 million project at a Texas crypto mining site will roll out in two phases, leveraging SES's AI Battery Management System to improve safety and extend battery life.

NVIDIA introduced an AI data platform that boosts enterprise storage performance, with BlueField DPUs offering 1.6× higher efficiency than traditional CPU-based storage while using 50% less power In March 2024

North America dominated the global AI-powered storage market in 2022 with a value of US$6.03 billion, growing to US$7.81 billion in 2023.

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Latest M&A Activity

Lenovo announced a definitive agreement in early 2025 to acquire Infinidat, an Israel-based high-performance storage technology company focusing on AI-heavy data workloads. The deal value is estimated at over $500 million, expected to close by end-2025. This acquisition complements Lenovo's growing AI-optimized storage portfolio including ThinkSystem and ThinkAgile solutions.​

AMD completed its $4.9 billion acquisition of ZT Systems in March 2025, acquiring rack-level expertise crucial for AI and data-intensive workloads.​

Capgemini's $3.3 billion acquisition of WNS aims to leverage AI capabilities for intelligent operations at scale, highlighting AI's role in transforming IT services and storage solutions.

Key Players:

Dell Inc., IBM, Pure Storage, Inc., NetApp, Seagate Technology LLC, Western Digital Corporation, NVIDIA Corporation, Micron Technology, Wiwynn Corporation and others.

Key Development:

March 2025: Huawei introduced AI-ready data storage to help carriers accelerate AI adoption and monetize applications such as smart homes and digital factories.

May 2024: NetApp launched the AFF A-Series unified data storage for AI-era workloads, including GenAI, VMware, and enterprise databases, offering scalable operations and enhanced efficiency while expanding its portfolio to drive data-driven innovation.

January 2024: Wasabi Technologies unveiled AI-powered intelligent storage for the media and entertainment sector through its acquisition of Curio AI from GrayMeta, including IP and team, with GrayMeta CEO Aaron Edell joining Wasabi as SVP of AI and Machine Learning.

Growth Forecast Projected:

The Global AI powered Storage Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global AI powered Storage Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Offering: (Hardware, Software) By Storage System(Direct-attached Storage (DAS), Network-attached Storage (NAS), Storage Area Network (SAN))

By Storage Architecture: (File Based Storage, Object Storage, Block Storage)

By Storage Medium: (Hard Disk Drive (HDD), Solid State Drive (SSD)

By End-User: (Enterprises, Government Bodies, Cloud Service Providers, Cloud Service Providers, Others)

Latest Product Launches

Lenovo unveiled 21 new AI-optimized ThinkSystem and ThinkAgile storage models in 2025, including liquid-cooled hyperconverged infrastructure appliances designed for large AI workloads with greater efficiency and performance.​

Huawei launched AI-ready data storage platforms, such as the OceanStor Dorado Converged All-Flash Storage and AI storage series with 100 million IOPS capabilities, targeting telecom carriers and digital transformation initiatives.​

Micron introduced AI-focused SSDs with industry-leading capacity and energy efficiency, including a 122TB Gen5 SSD engineered for AI data lakes and hyperscale data centers.​

Lexar showcased next-gen AI-ready, high-speed memory cards and storage arrays aimed at AI developers and content creators at GITEX Global 2025.​

CoreWeave unveiled its AI Object Storage offering delivering global data access with ultra-low latency and significantly reduced costs for AI workloads.

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Investments and Industry Impact

Major investments by tech giants are fueling innovation in AI-powered storage, addressing challenges like data sovereignty, IT cost optimization, and seamless integration with cloud and edge computing.​

The rise in AI/ML adoption and big data applications continuously increases storage demand focused on security, privacy, automation, and scalability.​

Data storage companies' stocks have surged in 2025, reflecting investor confidence in AI-driven data infrastructure as a critical enabler for transformative technologies.

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among AI powered Storage producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze AI powered Storage revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: How fast is the AI powered Storage Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 25.05% from 2025 to 2032

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