Hardware Storage Global Market Report 2024

Global Hardware Storage Market Report 2024

Hardware Storage Global Market Report 2024 – By Storage Architecture (File, Object-based Storage, Block Storage), By Storage System (Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN)), By Storage Medium (Solid-state Drive (SSD), Hard Disk Drive (HDD), Tape, Other Storage Mediums), By End Users (Enterprise, Government, Cloud Service Providers, Telecommunication, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

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Hardware Storage Global Market Report 2024

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Hardware Storage Market Definition

Hardware storage refers to physical devices or components used to store digital data, files, and information in a tangible form. These storage solutions provide a dependable and accessible means of storing and retrieving data for various computing and information technology applications, ranging from personal computers to enterprise-level servers and data centers.

The main storage architectures of hardware storage are file, object-based storage, and block storage. File storage organizes data into a hierarchical structure, mimicking how files and folders are organized in a computer's file system. It includes various storage systems, such as network-attached storage (NAS), direct-attached storage (DAS), and storage area network (SAN), with several storage mediums involved, such as solid-state drives (SSD), hard disk drives (HDD), tape, and others. It is used by various end users, such as enterprises, governments, cloud service providers, telecommunications, and others.

Hardware Storage Market Segmentation

The hardware storage market covered in this report is segmented –

1) By Storage Architecture: File, Object-based Storage, Block Storage

2) By Storage System: Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN)

3) By Storage Medium: Solid-state Drive (SSD), Hard Disk Drive (HDD), Tape, Other Storage Mediums

4) By End Users: Enterprise, Government, Cloud Service Providers, Telecommunication, Other End Users

Global Hardware Storage Market Size 2023 to 2028: Graph

Hardware Storage Market Size 2024 And Growth Rate

The hardware storage market size has grown rapidly in recent years. It will grow from $81.92 billion in 2023 to $91.86 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to mobility and remote work, security concerns, regulatory compliance, big data and analytics, cost reductions, and increasing data generation.

Hardware Storage Market Growth Forecast

The hardware storage market size is expected to see rapid growth in the next few years. It will grow to $146.33 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to hybrid and multi-cloud strategies, digital transformation, internet of thing expansion, cloud adoption, and data explosion. Major trends in the forecast period include the emergence of storage class memory, a shift towards software-defined storage, a focus on data security and privacy, expansion of cloud-integrated storage solutions, the rise of non-volatile memory express storage, and increased adoption of solid-state drives.

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Hardware Storage Market Driver: The Role Of Digital Data Expansion In Driving Hardware Storage Market Growth

The growing demand for large volumes of digital data is expected to propel the growth of the hardware storage market going forward. Digital data refers to information encoded in binary format, typically represented as sequences of ones and zeros, which can be processed and stored by computers. The volume of digital data is on the rise due to the increasing need for insights, innovation, and decision-making in various sectors. Hardware storage solutions offer scalability and expandability to accommodate increasing storage requirements. These solutions also provide high-capacity storage solutions capable of storing terabytes or even petabytes of data. For instance, in December 2022, according to a report published by the Linux Foundation, a US-based non-profit consortium, an average end-user organization with a storage capacity of up to 20 petabytes experienced annual data growth of 566 TB in 2021 and 1,746 TB in 2022. Similarly, annual data growth for organizations with a storage capacity of up to 25 petabytes reached a significant 2,208 TB in 2022, three times more than in 2021 (700 TB). Therefore, the growing demand for large volumes of digital data is driving the growth of the hardware storage market.

Global Hardware Storage Market Major Players

Major companies operating in the hardware 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 Hardware Storage Market Trend: Advancements In Industrial-Grade Solid-State Drive Technology

Major companies operating in the hardware storage market are focused on developing advanced solutions, such as industrial-grade solid-state drives, to gain a competitive edge in the market. Industrial-grade solid-state drives are used in hardware storage solutions to improve the demanding requirements of industrial applications. They offer high reliability, durability, and performance in harsh environments. For instance, in September 2023, Solid State Storage Technology Corporation, a Taiwan-based solid-state drive and flash memory company, launched the CL6 series, the world's first industrial-grade SSD (solid-state drives). This series provides a more dependable and efficient storage experience by supporting fully developed host memory buffer (HMB) technology, which outperforms DRAM-less SSDs in terms of performance. With SLC caching, sequential read speeds of up to 6,000 MB/s and sequential write speeds of up to 5,300 MB/s are achievable. The CL6 series is available in the popular M.2 2280 format, as well as M.2 2242 and M.2 2230, to meet the varying storage requirements of different applications, with a maximum capacity of up to 2TB.

Hardware Storage Market Merger And Acquisition: Restore Technology Ltd. Acquires Ultratec Ltd. To Expand Its Technology Lifecycle Services Capabilities

In May 2022, Restore Technology Ltd., a UK-based information technology lifecycle services company, acquired Ultratec Ltd. for $11.88 million (£9.4 million). 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 that provides hardware storage.

Regional Insights For The Global Hardware Storage Market

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

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

The hardware storage market consists of sales of network-attached storage (NAS) devices, external hard drives, flash drives (USB drives), solid-state drives (SSDS), and hard disk drives (HDDS). 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 hardware storage market research report is one of a series of new reports from The Business Research Company that provides hardware storage market statistics, including hardware storage industry global market size, regional shares, competitors with a hardware storage market share, detailed hardware storage market segments, market trends and opportunities, and any further data you may need to thrive in the hardware storage industry. This hardware 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.

Hardware Storage Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$91.86 billion
Revenue Forecast In 2033	$146.33 billion
Growth Rate	CAGR of 12.3% 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 Storage Architecture: File, Object-based Storage, Block Storage 2) By Storage System: Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN) 3) By Storage Medium: Solid-state Drive (SSD), Hard Disk Drive (HDD), Tape, Other Storage Mediums 4) By End Users: Enterprise, Government, Cloud Service Providers, Telecommunication, Other End Users
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.
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1. Executive Summary

2. Hardware Storage Market Characteristics

3. Hardware Storage Market Trends And Strategies

4. Hardware 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 Hardware Storage Market Size and Growth

5.1. Global Hardware Storage Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

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

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

6. Hardware Storage Market Segmentation

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

File

Object-based Storage

Block Storage

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

Network Attached Storage (NAS)

Direct Attached Storage (DAS)

Storage Area Network (SAN)

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

Solid-state Drive (SSD)

Hard Disk Drive (HDD)

Tape

Other Storage Mediums

6.4. Global Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Enterprise

Government

Cloud Service Providers

Telecommunication

Other End Users

7. Hardware Storage Market Regional And Country Analysis

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

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

8. Asia-Pacific Hardware Storage Market

8.1. Asia-Pacific Hardware 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 Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

9. China Hardware Storage Market

9.1. China Hardware Storage Market Overview

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

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

9.4. China Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Hardware Storage Market

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

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

10.3. India Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Hardware Storage Market

11.1. Japan Hardware Storage Market Overview

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

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

11.4. Japan Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Hardware Storage Market

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

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

12.3. Australia Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Hardware Storage Market

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

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

13.3. Indonesia Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Hardware Storage Market

14.1. South Korea Hardware Storage Market Overview

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

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

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

15. Western Europe Hardware Storage Market

15.1. Western Europe Hardware Storage Market Overview

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

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

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

16. UK Hardware Storage Market

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

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

16.3. UK Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Hardware Storage Market

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

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

17.3. Germany Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Hardware Storage Market

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

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

18.3. France Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Hardware Storage Market

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

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

19.3. Italy Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Hardware Storage Market

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

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

20.3. Spain Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Hardware Storage Market

21.1. Eastern Europe Hardware Storage Market Overview

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

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

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

22. Russia Hardware Storage Market

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

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

22.3. Russia Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Hardware Storage Market

23.1. North America Hardware Storage Market Overview

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

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

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

24. USA Hardware Storage Market

24.1. USA Hardware Storage Market Overview

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

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

24.4. USA Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Hardware Storage Market

25.1. Canada Hardware Storage Market Overview

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

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

25.4. Canada Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Hardware Storage Market

26.1. South America Hardware Storage Market Overview

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

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

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

27. Brazil Hardware Storage Market

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

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

27.3. Brazil Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Hardware Storage Market

28.1. Middle East Hardware Storage Market Overview

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

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

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

29. Africa Hardware Storage Market

29.1. Africa Hardware Storage Market Overview

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

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

29.4. Africa Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Hardware Storage Market Competitive Landscape And Company Profiles

30.1. Hardware Storage Market Competitive Landscape

30.2. Hardware 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. Hardware 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 Hardware Storage Market Competitive Benchmarking

33. Global Hardware Storage Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Hardware Storage Market

35. Hardware Storage Market Future Outlook and Potential Analysis

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

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

35.3 Hardware 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 Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Hardware Storage Market, Segmentation By Storage Medium, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Hardware Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Hardware Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Hardware Storage Market, Segmentation By End Users, 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 Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Hardware Storage Market, Segmentation By Storage Medium, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Hardware Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Hardware Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Hardware Storage Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Hardware Storage Market, Segmentation By Storage Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Hardware Storage Market, Segmentation By Storage System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Hardware Storage Market, Segmentation By End Users, 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 hardware storage market?

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

The hardware storage market major growth driver - The Role Of Digital Data Expansion In Driving Hardware Storage Market Growth. For further insights on the hardware storage market, request a sample here

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

The hardware storage market size has grown rapidly in recent years. It will grow from $81.92 billion in 2023 to $91.86 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to mobility and remote work, security concerns, regulatory compliance, big data and analytics, cost reductions, and increasing data generation. The hardware storage market size is expected to see rapid growth in the next few years. It will grow to $146.33 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to hybrid and multi-cloud strategies, digital transformation, internet of thing expansion, cloud adoption, and data explosion. Major trends in the forecast period include the emergence of storage class memory, a shift towards software-defined storage, a focus on data security and privacy, expansion of cloud-integrated storage solutions, the rise of non-volatile memory express storage, and increased adoption of solid-state drives. For further insights on the hardware storage market, request a sample here

How is the hardware storage market segmented?

The hardware storage market is segmented
1) By Storage Architecture: File, Object-based Storage, Block Storage
2) By Storage System: Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN)
3) By Storage Medium: Solid-state Drive (SSD), Hard Disk Drive (HDD), Tape, Other Storage Mediums
4) By End Users: Enterprise, Government, Cloud Service Providers, Telecommunication, Other End UsersFor further insights on the hardware storage market, request a sample here

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

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

Who are the major players in the hardware storage market?

What are the key trends in the hardware storage market?

Major trend in the hardware storage market - Advancements In Industrial-Grade Solid-State Drive Technology. For further insights on the hardware storage market, request a sample here.

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

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

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

For detailed insights on hardware 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 hardware storage industry?

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

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

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