Next-Generation Data Storage Market Size in NAS Segment is Expected to Grow Significantly By 2025
Category: #tech  By Partha Ray  Date: 2019-08-14
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Next-Generation Data Storage Market Size in NAS Segment is Expected to Grow Significantly By 2025

On the basis of type, the next-generation data storage market is divided into three types, Direct Attached Storage (DAS), Network Attached Storage, (NAS) and Storage Area Network (SAN). The NAS market is anticipated to grow substantially over the forecast period due to its cost-efficient data storage and accessibility from any connected device to multiple authorized users. SMEs are increasingly adopting the cloud-based storage system on the NAS facility due to the ease and beneficial features for the business.

Asia Pacific is expected to grow at a significant rate in the next-generation data storage market due to vast and speedily increasing consumption of smartphone users. Another factor, which is driving this market, is the rise in low-cost tablets, wearables devices, and smartphones. As most of the regions are price sensitive, they offer extremely suitable condition for the adoption of next-generation data storage devices specifically solid-state drive.

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North America is anticipated to hold the largest market share in the next-generation data storage market. The rise in the amount of unstructured data across all sectors and speedy growth of technology have increased the demand for better storage solutions. Being an early adopter of advanced technologies, North America is capturing more and more data, which is eventually going to raise the demand for next-generation data storage devices.

The increasing adoption of cloud storage and solid-state drivers will act as a driver for the next-generation data storage market. The solid-state driver is a technology that works on integrated circuit assembly, such as electronic chips, to store data digitally rather than on any magnetized material. It offers many advantages such as low noise, low heat production, fast operational speed, longer life, and less turnaround time.

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Some of the key players in the next-generation data storage market are Dell, IBM, Nutanix, HP, Toshiba, Scality, Samsung, Netapp, Quantum, Hitachi, Pure Storage, Tintri, Cloudian, Inspur, Vmware, Micron Technology, Western Digital, Drobo, Nexenta Systems, Fujitsu, and Netgear.

Next-Generation Data Storage Market, By Storage Technology, 2014-2025 (USD Million)

  • Hard Disk Drive
  • Magnetic Tape
  • All-flash Array
  • Hybrid Flash Array

Methodology used in the Next-Generation Data Storage Market Report –

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the next-generation data storage market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

  • Next-generation data storage market definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the next-generation data storage market
  • Demographics and statistical data

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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