Enterprise data storage market size to increase by $ 1.14 billion | High adoption of SaaS applications will be a key trend

The market is fragmented and the degree of fragmentation will accelerate during the forecast period. While the increasing adoption of cloud applications and the growing demand for IoT and Big Data operations will provide immense growth opportunities, to take advantage of current opportunities, market vendors need to strengthen their presence in fast growing segments. , while maintaining their positions in the slow segments. growing segments.

The report covers the following areas:

2021-2025 Enterprise Data Storage Market: Segmentation

  • Type
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • AEM

By type, the market generated maximum revenue in the SAN segment in 2020. Storage area network (SAN) devices offer better flexibility, availability and performance compared to DAS or NAS storage systems, which is driving the growth of the market. segment. In terms of geography, APAC will provide significant growth opportunities for enterprise data storage solution providers during the forecast period. The region currently holds 34% of the global market share and is expected to remain the largest market for enterprise data storage by 2025. China and Japan are the key markets for the storage of enterprise data in APAC.

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2021-2025 Enterprise Data Storage Market: Vendor Analysis and Scope

Some of the major suppliers of enterprise data storage market include Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Intel Corp., International Business Machines Corp., Melco Holdings Inc., NetApp Inc., Quantum Corp. and Western Digital Corp. To help companies improve their position in the market, Technavio report provides detailed analysis of around 25 vendors operating in the market. Backed by competitive intelligence and benchmarking, our enterprise data storage market research report is designed to provide entry support, client profile, and mergers and acquisitions as well as related assistance. go-to-market strategy.

The strong adoption of saas applications by enterprises is likely to become the major trend in the market. However, the high operating expenses of suppliers can threaten the growth of the market.

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Enterprise Data Storage Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the enterprise data storage market over the next five years
  • Estimated Enterprise Data Storage Market Size and Its Contribution to Parent Market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the enterprise data storage market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details of the factors that will challenge the growth of Enterprise Data Storage Market vendors

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Scope of the enterprise data storage market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 4.67%

Market growth 2021-2025

$ 1.14 billion

Market structure

Fragmented

Annual growth (%)

2.10

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

34% APAC

Main consumer countries

United States, China, United Kingdom, France and Japan

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Intel Corp., International Business Machines Corp., Melco Holdings Inc., NetApp Inc., Quantum Corp. and Western Digital Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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