Global Data Storage Market Report 2024

Data Storage Global Market Report 2024 – By Type (Primary Storage, Secondary Storage), By Storage Architecture (File, Object-based Storage, Block Storage, Other Storage Architectures), By Product (Cloud Storage, Network Storage, Unified Storage, Direct Attached Storage, Storage Area Network, Software-Defined Storage), By Industry (Banking, Financial Services, And Insurance, Information Technology And Telecommunications, Healthcare, Retail, Media And Entertainment, Education, Other Industries) – Market Size, Trends, And Global Forecast 2024-2033

Data Storage Global Market Report 2024

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Data Storage Market Definition

Data storage refers to the use of technology created especially for data retention to preserve information and make it as accessible as needed. It involves organizing and managing data in a structured manner to ensure efficient storage, retrieval, and protection against loss or corruption. Data storage is essential for businesses, organizations, and individuals to store, manage, and utilize vast amounts of information effectively.

The main types of data storage are primary storage and secondary storage. Primary storage, also known as main storage or primary memory, is the area in a computer where data is stored temporarily for quick access by the CPU. This storage uses file, object-based storage, block storage, and other storage architectures and includes products such as cloud storage, network storage, unified storage, direct attached storage, storage area networks, and software-defined storage. It is used by several industries, including banking, financial services, and insurance; information technology and telecommunications, healthcare, retail, media and entertainment, education, and others.

Data Storage Market Segmentation

The data storage market covered in this report is segmented –

1) By Type: Primary Storage, Secondary Storage

2) By Storage Architecture: File, Object-based Storage, Block Storage, Other Storage Architectures

3) By Product: Cloud Storage, Network Storage, Unified Storage, Direct Attached Storage, Storage Area Network, Software-Defined Storage

4) By Industry: Banking, Financial Services, And Insurance, Information Technology And Telecommunications, Healthcare, Retail, Media And Entertainment, Education, Other Industries

Global Data Storage Market Size 2023 to 2028: Graph

Data Storage Market Size 2024 And Growth Rate

The data storage market size has grown rapidly in recent years. It will grow from $155.67 billion in 2023 to $176.20 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to the adoption of virtualization technologies, implementation of data deduplication and compression techniques, the introduction of solid-state drives (SSD), and the development of high-capacity hard disk drives.

Data Storage Market Growth Forecast

The data storage market size is expected to see rapid growth in the next few years. It will grow to $293.91 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to environmental concerns, industry-specific factors, economic conditions, regulatory environment, and data growth rate. Major trends in the forecast period include quantum storage solutions, containerized storage, convergence of storage and compute, object storage growth, software-defined storage, artificial intelligence-driven storage management, focus on data security, and hybrid cloud solutions.

Data Storage Market Driver: Cloud-Based Services Driving The Data Storage Market Growth

The penetration of cloud-based services is expected to propel the growth of the data storage market going forward. Cloud-based services refer to software programs that are hosted on the vendor's server and made available remotely for the benefit of the client. The increasing adoption of cloud-based services is driven by their scalability and flexibility in meeting diverse business needs. Data storage is a foundational component of cloud computing, enabling organizations to harness the cost efficiency, accessibility, security, and analytics capabilities offered by cloud services. Cloud storage also serves as the foundation for advanced data analytics and insights, enabling organizations to derive actionable intelligence from their data. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, 45.2% of EU enterprises purchased cloud computing services, mostly to host their email systems, store electronic files, and accomplish other tasks. Purchases of cloud computing services by EU enterprises increased by 4.2 percentage points in 2023 compared to 2021. Therefore, the penetration of cloud-based services is driving the growth of the data storage market.

Global Data Storage Market Major Players

Major companies operating in the data storage market are Samsung Electronics Co Ltd, Dell Technologies Inc., Huawei Technologies Co Ltd, Lenovo Group Limited, International Business Machines Corporation, Cisco Systems Inc, Oracle Systems Corporation, Fuji Electric Co Ltd, Micron Technology Inc, Hewlett Packard Enterprise Company, Tokyo Shibaura Electric Co Ltd, Nippon Electric Company Ltd, Western Digital Corporation, Kingston Technology Company Inc, Seagate Technology Holdings plc, NetApp Inc, Supermicro Computer Inc, Marvell Technology Group Ltd, Hitachi Ltd., Pure Storage Inc, Nutanix Inc, GlassBridge Enterprises Inc, Quantum Corporation Ltd, Inspur software Co Ltd, Synology Inc

Global Data Storage Market Trend: Artificial Intelligence (AI)-Based Solutions Revolutionize The Data Storage Market

Major companies operating in the data storage market are focusing on developing advanced solutions, such as artificial intelligence (AI)-based storage solutions, to gain a competitive edge in the market. This artificial intelligence (AI)-based storage solution technology utilizes advanced algorithms to optimize data management, retrieval, and storage efficiency within the data storage market. For instance, in February 2024, Huawei Technologies Co. Ltd., a China-based technological company, launched three innovative data storage solutions to help carriers worldwide build leading data infrastructure in the AI era. These solutions include the AI data lake, which is designed to aggregate independent and scattered data sources in AI data factories to mine value from the data; the all-scenario data protection solution, which is designed to boost the resilience of data assets through production-backup collaboration and backup-archive collaboration and the DCS (Datacenter Virtualization Solution) full-stack data center solution, which is designed to help carriers achieve higher IT service efficiency and agility by covering data collection, storage, computing, management, and usage, delivering comprehensive infrastructure as a service (IaaS) and platform as a service (PaaS).

Data Storage Market Merger And Acquisition: Restore Technology Ltd. Acquires Ultratec Ltd. For Expanding Technology Lifecycle Services Capabilities

In May 2022, Restore Technology Ltd., a UK-based information technology lifecycle services company, acquired Ultratec Ltd. for an undisclosed amount. The acquisition is expected to expand Restore's capabilities in technology lifecycle services, particularly in the area of hard drive and storage products. Ultratec Ltd. is a UK-based data storage company.

Regional Insights For The Global Data Storage Market

North America was the largest region in the data storage market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the data storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The data storage market consists of revenues earned by entities providing services such as cloud storage, backup and recovery, data archiving, disaster recovery and storage as a service (STaaS). The market value includes the value of related goods sold by the service provider or included within the service offering. The data storage market also includes sales of solid-state drives (SSDs), hard disk drives (HDDs), data deduplication appliances, and enterprise storage arrays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The data storage market research report is one of a series of new reports from The Business Research Company that provides data storage market statistics, including data storage industry global market size, regional shares, competitors with a data storage market share, detailed data storage market segments, market trends and opportunities, and any further data you may need to thrive in the data storage industry. This data storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Data Storage Market Report Forecast and Analysis
Report AttributeDetails
Market Size Value In 2024 $176.20 billion
Revenue Forecast In 2033 $293.91 billion
Growth Rate CAGR of 13.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Primary Storage, Secondary Storage
2) By Storage Architecture: File, Object-based Storage, Block Storage, Other Storage Architectures
3) By Product: Cloud Storage, Network Storage, Unified Storage, Direct Attached Storage, Storage Area Network, Software-Defined Storage
4) By Industry: Banking, Financial Services, And Insurance, Information Technology And Telecommunications, Healthcare, Retail, Media And Entertainment, Education, Other Industries
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Samsung Electronics Co Ltd; Dell Technologies Inc.; Huawei Technologies Co Ltd; Lenovo Group Limited; International Business Machines Corporation; Cisco Systems Inc; Oracle Systems Corporation; Fuji Electric Co Ltd; Micron Technology Inc; Hewlett Packard Enterprise Company; Tokyo Shibaura Electric Co Ltd; Nippon Electric Company Ltd; Western Digital Corporation; Kingston Technology Company Inc; Seagate Technology Holdings plc; NetApp Inc; Supermicro Computer Inc; Marvell Technology Group Ltd; Hitachi Ltd.; Pure Storage Inc; Nutanix Inc; GlassBridge Enterprises Inc; Quantum Corporation Ltd; Inspur software Co Ltd; Synology Inc
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Data Storage Market Characteristics

    3. Data Storage Market Trends And Strategies

    4. Data Storage Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Data Storage Market Size and Growth

    5.1. Global Data Storage Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Data Storage Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Data Storage Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Data Storage Market Segmentation

    6.1. Global Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Primary Storage

    Secondary Storage

    6.2. Global Data Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    File

    Object-based Storage

    Block Storage

    Other Storage Architectures

    6.3. Global Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Cloud Storage

    Network Storage

    Unified Storage

    Direct Attached Storage

    Storage Area Network

    Software-Defined Storage

    6.4. Global Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Banking, Financial Services, And Insurance

    Information Technology And Telecommunications

    Healthcare

    Retail

    Media And Entertainment

    Education

    Other Industries

    7. Data Storage Market Regional And Country Analysis

    7.1. Global Data Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Data Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Data Storage Market

    8.1. Asia-Pacific Data Storage Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Data Storage Market

    9.1. China Data Storage Market Overview

    9.2. China Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Data Storage Market

    10.1. India Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Data Storage Market

    11.1. Japan Data Storage Market Overview

    11.2. Japan Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Data Storage Market

    12.1. Australia Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Data Storage Market

    13.1. Indonesia Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Data Storage Market

    14.1. South Korea Data Storage Market Overview

    14.2. South Korea Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Data Storage Market

    15.1. Western Europe Data Storage Market Overview

    15.2. Western Europe Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Data Storage Market

    16.1. UK Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Data Storage Market

    17.1. Germany Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Data Storage Market

    18.1. France Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Data Storage Market

    19.1. Italy Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Data Storage Market

    20.1. Spain Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Data Storage Market

    21.1. Eastern Europe Data Storage Market Overview

    21.2. Eastern Europe Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Data Storage Market

    22.1. Russia Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Data Storage Market

    23.1. North America Data Storage Market Overview

    23.2. North America Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Data Storage Market

    24.1. USA Data Storage Market Overview

    24.2. USA Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Data Storage Market

    25.1. Canada Data Storage Market Overview

    25.2. Canada Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Data Storage Market

    26.1. South America Data Storage Market Overview

    26.2. South America Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Data Storage Market

    27.1. Brazil Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Data Storage Market

    28.1. Middle East Data Storage Market Overview

    28.2. Middle East Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Data Storage Market

    29.1. Africa Data Storage Market Overview

    29.2. Africa Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Data Storage Market Competitive Landscape And Company Profiles

    30.1. Data Storage Market Competitive Landscape

    30.2. Data Storage Market Company Profiles

    30.2.1. Samsung Electronics Co Ltd

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Dell Technologies Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Huawei Technologies Co Ltd

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Lenovo Group Limited

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. International Business Machines Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Data Storage Market Other Major And Innovative Companies

    31.1. Cisco Systems Inc

    31.2. Oracle Systems Corporation

    31.3. Fuji Electric Co Ltd

    31.4. Micron Technology Inc

    31.5. Hewlett Packard Enterprise Company

    31.6. Tokyo Shibaura Electric Co Ltd

    31.7. Nippon Electric Company Ltd

    31.8. Western Digital Corporation

    31.9. Kingston Technology Company Inc

    31.10. Seagate Technology Holdings plc

    31.11. NetApp Inc

    31.12. Supermicro Computer Inc

    31.13. Marvell Technology Group Ltd

    31.14. Hitachi Ltd.

    31.15. Pure Storage Inc

    32. Global Data Storage Market Competitive Benchmarking

    33. Global Data Storage Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Data Storage Market

    35. Data Storage Market Future Outlook and Potential Analysis

    35.1 Data Storage Market In 2028 - Countries Offering Most New Opportunities

    35.2 Data Storage Market In 2028 - Segments Offering Most New Opportunities

    35.3 Data Storage Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Data Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Data Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Data Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Samsung Electronics Co Ltd Financial Performance
  • Table 76: Dell Technologies Inc. Financial Performance
  • Table 77: Huawei Technologies Co Ltd Financial Performance
  • Table 78: Lenovo Group Limited Financial Performance
  • Table 79: International Business Machines Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Data Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Data Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Data Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Data Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Data Storage Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Data Storage Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Samsung Electronics Co Ltd Financial Performance
  • Figure 76: Dell Technologies Inc. Financial Performance
  • Figure 77: Huawei Technologies Co Ltd Financial Performance
  • Figure 78: Lenovo Group Limited Financial Performance
  • Figure 79: International Business Machines Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the data storage market?

Data storage refers to the use of technology created especially for data retention to preserve information and make it as accessible as needed. It involves organizing and managing data in a structured manner to ensure efficient storage, retrieval, and protection against loss or corruption. Data storage is essential for businesses, organizations, and individuals to store, manage, and utilize vast amounts of information effectively. For further insights on the data storage market, request a sample here

How will the data storage market drivers and restraints affect the data storage market dynamics? What forces will shape the data storage industry going forward?

The data storage market major growth driver - Cloud-Based Services Driving The Data Storage Market Growth. For further insights on the data storage market, request a sample here

What is the forecast market size or the forecast market value of the data storage market?

The data storage market size has grown rapidly in recent years. It will grow from $155.67 billion in 2023 to $176.20 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to the adoption of virtualization technologies, implementation of data deduplication and compression techniques, the introduction of solid-state drives (SSD), and the development of high-capacity hard disk drives. The data storage market size is expected to see rapid growth in the next few years. It will grow to $293.91 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to environmental concerns, industry-specific factors, economic conditions, regulatory environment, and data growth rate. Major trends in the forecast period include quantum storage solutions, containerized storage, convergence of storage and compute, object storage growth, software-defined storage, artificial intelligence-driven storage management, focus on data security, and hybrid cloud solutions. For further insights on the data storage market, request a sample here

How is the data storage market segmented?

The data storage market is segmented
1) By Type: Primary Storage, Secondary Storage
2) By Storage Architecture: File, Object-based Storage, Block Storage, Other Storage Architectures
3) By Product: Cloud Storage, Network Storage, Unified Storage, Direct Attached Storage, Storage Area Network, Software-Defined Storage
4) By Industry: Banking, Financial Services, And Insurance, Information Technology And Telecommunications, Healthcare, Retail, Media And Entertainment, Education, Other IndustriesFor further insights on the data storage market,
request a sample here

Which region has the largest share of the data storage market? What are the other regions covered in the report?

North America was the largest region in the data storage market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the data storage market, request a sample here.

Who are the major players in the data storage market?

Major companies operating in the data storage market are Samsung Electronics Co Ltd, Dell Technologies Inc., Huawei Technologies Co Ltd, Lenovo Group Limited, International Business Machines Corporation, Cisco Systems Inc, Oracle Systems Corporation, Fuji Electric Co Ltd, Micron Technology Inc, Hewlett Packard Enterprise Company, Tokyo Shibaura Electric Co Ltd, Nippon Electric Company Ltd, Western Digital Corporation, Kingston Technology Company Inc, Seagate Technology Holdings plc, NetApp Inc, Supermicro Computer Inc , Marvell Technology Group Ltd, Hitachi Ltd., Pure Storage Inc, Nutanix Inc, GlassBridge Enterprises Inc, Quantum Corporation Ltd, Inspur software Co Ltd , Synology Inc For further insights on the data storage market, request a sample here.

What are the key trends in the data storage market?

Major trend in the data storage market - Artificial Intelligence (AI)-Based Solutions Revolutionize The Data Storage Market. For further insights on the data storage market, request a sample here.

What are the major opportunities in the data storage market? What are the strategies for the data storage market?

For detailed insights on the major opportunities and strategies in the data storage market, request a sample here.

How does the data storage market relate to the overall economy and other similar markets?

For detailed insights on data storage market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the data storage industry?

For detailed insights on the mergers and acquisitions in the data storage industry, request a sample here.

What are the key dynamics influencing the data storage market growth? SWOT analysis of the data storage market.

For detailed insights on the key dynamics influencing the data storage market growth and SWOT analysis of the data storage industry, request a sample here.