Next-generation Data Storage Market | Market Highlights and Insights to Recovery from COVID-19
Market Forecast and Growth Projections 2022-2026
Global next-generation data storage market will post an incremental growth of $ 24.11 bn and progressing at a CAGR of 7.86% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Next-generation Data Storage Market: Segments and Leading Regions
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented Geography (North America, Europe, APAC, South America, and MEA).
- 42% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Next-generation Data Storage Market size.
Next-generation Data Storage Market: Top Trends, Drivers, Challenges to drive Market Recovery
Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.
- A key market driver for the Next-generation Data Storage Market will be massive growth in digital data volume.
- Growing demand for IoT and big data operations will be instrumental in driving the market growth during the forecast period.
- High operating expenses for vendors is a hurdle that needs to be crossed on the path to success.
Next-generation Data Storage Market: Vendor Analysis
- The market is fragmented.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., and Toshiba Corp. are some of the major market participants.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 7.86%.
- What is the incremental growth of the market?
The market is expected to grow by $ 24.11 bn through 2022-2026.
- What is a key factor driving this market?
Massive growth in digital data volume will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
42% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., and Toshiba Corp.
- What are the market segments covered in this report?
The market is segmented by Geography (North America, Europe, APAC, South America, and MEA)
Next-generation Data Storage Market: Leading Regions and Market Trends
Geographical Analysis and Market Highlights 2022-2026
The next-generation data storage market is set to post an incremental growth of $ 24.11 bn, accelerating at a CAGR of 7.86% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.
For more insights into our research and analysis: Request for our FREE Sample Report
Next-generation Data Storage Market: North America to lead market growth during the forecast period
- 42% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Next-generation Data Storage Market size.
- One of the key drivers that is likely to drive market growth is the massive growth in digital data volume. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market. These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
- Market is segmented by Geography (North America, Europe, APAC, South America, and MEA).
Next-generation Data Storage Market: Competitive Landscape
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., and Toshiba Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights on this market: Download a Free Sample Report
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 7.86%.
- What is the incremental growth of the market?
The market is expected to grow by $ 24.11 bn through 2022-2026.
- What is a key factor driving this market?
Massive growth in digital data volume will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
42% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., NetApp Inc., Nutanix Inc., Pure Storage Inc., Scality Inc., and Toshiba Corp.
- What are the market segments covered in this report?
The market is segmented by Geography (North America, Europe, APAC, South America, and MEA).
Market Segmentation by Geography
- Next-generation Data Storage Market Split by Geography
- North America
- Europe
- APAC
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Dell Technologies Inc.
- Fujitsu Ltd.
- Hewlett Packard Enterprise Co.
- Hitachi Ltd.
- International Business Machines Corp.
- NetApp Inc.
- Nutanix Inc.
- Pure Storage Inc.
- Scality Inc.
- Toshiba Corp.
