Press release
Storage in Big Data Market : Hardware segment to Cross US$ 16.38 Bn by 2026
The Hardware segment dominated the global storage in big data market with 49.1% market share in terms of value in 2015. The Hardware segment is estimated to create incremental $ opportunity of US$ 16.38 Bn between 2016 and 2026. The Software segment is estimated to create incremental $ opportunity of US$ 11.34 Bn between 2016 and 2026.
The BFSI segment was valued at US$ 1,694.1 Mn in 2015 and is estimated to reach US$ 2,071.2 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 22.3%. The Media and Entertainment segment is expected to register high Y-o-Y growth rates throughout the forecast period.
Among regions, North America is expected to remain dominant in terms of revenue throughout the forecast period, registering a CAGR of 21.1% between 2016 and 2026. The North America storage in big data market is estimated to be valued at US$ 30.12 Bn by the end of 2026. The Western Europe storage in big data market is anticipated to register the highest CAGR of 21.8% during the forecast period. Latin America is projected to be the most attractive region in the global storage in big data market in terms of revenue during the forecast period.
Persistence Market Research delivers key insights on the global storage in big data market in a new report titled, “Storage in Big Data: Global Industry Analysis and Forecast, 2016–2026”. According to the report, the global storage in big data market is estimated to be valued at US$ 9,599.1 Mn by the end of 2016 and this is anticipated to increase to US$ 61.44 Bn by 2026 end. In terms of value, the global storage in big data market is expected to register a CAGR of 20.4% over the forecast period (2016–2026). This is attributed to various factors, regarding which Persistence Market Research offers vital insights in detail in this study.
Digitization of records globally is the primary factor driving the global storage in big data market. Due to recent laws enforced by governments of various countries, companies are shifting towards digital maintenance of records, especially in the healthcare sector. Increasing digital data volumes is leading to companies increasingly adopting various data storage options. Further, increasing adoption of software-based storage options and an increase in the number of connected devices is expected to fuel the growth of the global storage in big data market over the forecast period. One of the major restraints for growth of the global storage in big data market to a certain extent are macroeconomic factors such as reduced budgets for data storage and high total cost of ownership of flash storage. Improper data representation is also posing a threat to the global storage in big data market.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/storage-in-big-data-market/toc
Leading market players are integrating predictive analytics with storage systems and are providing storage servers close to end users to reduce latency time.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12235
The global storage in big data market report covers various solution providers operating in the global storage in big data market. Top companies profiled in the report include Google Inc., Microsoft Corporation, Amazon Web Services Inc., VMware Inc., IBM Corporation, Dell EMC, SAS Institute Inc., Oracle Corporation, SAP SE, Teradata Corporation, Hewlett Packard Enterprise, Hitachi Data Systems Corporation, and MemSQL Inc. Some of these companies are adopting strategies such as increasing global investment in cloud services, providing hybrid storage solutions, enhancing flash storage product portfolio, integrating cloud and flash technology with storage products, and collaborating with various technology partners to expand their market presence and enhance customer base globally.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Storage in Big Data Market : Hardware segment to Cross US$ 16.38 Bn by 2026 here
News-ID: 541034 • Views: …
More Releases from Persistence Market Research
Microneedling Devices Market Booms as Minimally Invasive Aesthetics Surge in Dem …
The microneedling devices market is gaining strong traction as consumers increasingly shift toward minimally invasive aesthetic procedures. Microneedling, also known as collagen-induction therapy, uses fine needles to create controlled micro-injuries on the skin, stimulating natural collagen and elastin production. With growing awareness of skin rejuvenation treatments and rising demand for non-surgical solutions, microneedling devices continue to evolve in design, safety, and efficiency.
➤ Download Your Free Sample & Explore Key Insights:…
Metal Finishing Chemicals Market Size to Reach US$ 14.3 Bn by 2032 Driven by Ris …
The global Metal Finishing Chemicals Market, valued at US$ 10.5 billion in 2025, is projected to reach US$ 14.3 billion by 2032, registering a CAGR of 4.5% between 2025 and 2032. This steady growth is fueled by rapid industrialization, increasing demand for corrosion-resistant components, and the rising adoption of advanced finishing technologies across industries such as automotive, aerospace, electronics, and construction. As manufacturers increasingly prioritize durability, aesthetics, and performance, metal…
Metal Cleaners Market Reaches US$ 18.2 Billion by 2032 Driven by Industrial Grow …
The global metal cleaners market is witnessing substantial growth as industries worldwide emphasize equipment maintenance, operational efficiency, and compliance with environmental standards. According to the latest study by Persistence Market Research, the market is valued at US$ 13.0 billion in 2025 and is projected to reach US$ 18.2 billion by 2032, expanding at a CAGR of 4.9%. This growth is largely driven by increasing industrialization, the rise of precision manufacturing,…
Diatomite Market Growth to US$ 21.8 Bn by 2032 Driven by Filtration Demand and I …
The global diatomite market is poised for steady expansion over the coming decade, backed by increasing demand for filtration solutions, industrial absorbents, and construction applications. According to the latest study by Persistence Market Research, the market is expected to grow from US$ 14.6 billion in 2025 to US$ 21.8 billion by 2032, registering a healthy CAGR of 5.9%. This growth is fueled by industries such as food & beverage, water…
More Releases for Hardware
U.S. Barn Door Hardware Market Set for Dynamic Development with Key Players like …
The latest study by Coherent Market Insights, titled "U.S. Barn Door Hardware Market 2025-2032 Size, Share & Trends Forecast 2025-2032," offers an in-depth analysis of the regional dynamics shaping this rapidly evolving industry. This comprehensive report highlights the competitive landscape, key market segments, value chain analysis, and emerging technological and regulatory trends expected between 2025 and 2032. The report provides actionable insights for business leaders, policymakers, investors, and new market…
Hardware Encryption Market Strengthening Data Security with Advanced Hardware-Ba …
"𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬"
The latest study released on the Hardware Encryption Market evaluates market size, trend, and forecast to 2030. The Hardware Encryption market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the…
Barn Door Handles Market | Artisan Hardware, BarnDoorz, Custom Service Hardware …
The global barn door handles market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the barn door handles market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Global Hardware Load Balancers Market, Hardware Load Balancers Market, Hardware …
Global Hardware Load Balancers Market Overview
The Hardware Load Balancers market is a diverse and rapidly evolving industry that encompasses a wide range of products and services. It is characterized by intense competition, changing consumer preferences, and technological advancements that continually drive innovation.
The Hardware Load Balancers market is comprised of several sub-sectors, including but not limited to: electronics, healthcare, automotive, consumer goods, and energy. Each of these sub-sectors has its unique…
Top 12 China Hardware Market & Reliable Hardware Supplier
This article was first published on Yiwuagt.com. As a professional Chinese sourcing agent, this site has a lot of knowledge about Chinese imports.
As the world's largest manufacturer of hardware tools, China has many excellent hardware suppliers. At present, China's hardware wholesale industry has spread all over the country. Do you want to import hardware from China? As a professional sourcing agent, this article will introduce the well-known China hardware wholesale…
Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,…
