Enterprise Storage Market Trends, Highly Growing By Top Key Players and Application
Enterprise storage system is a centralized depository where business data and information is stored for a period of time depending on the requirements of an organization. The stored information can serve as a backup in case of any disaster or system failure. Besides this, enterprise storage is a highly scalable, fault tolerant, and reliable storage option compared to the traditional storage systems. Therefore, enterprise storage systems are more suitable for enterprises dealing with large amounts of data. Enterprise storage includes hard disk drives (HDD) and solid-state drive (SSD) devices that are commonly used in storage area network (SAN), network attached storage (NAS), and direct attached storage (DAS) environments. An enterprise storage system offers benefits such as data sharing, disaster recovery, and high accessibility, restoration functions, and reliable and efficient backup, as well as remote support and centralized administration.
For more details, request a sample report @ https://www.marketresearchreports.biz/sample/sample/7791
At present, growing demand for software defined storage (SDS) is a major trend in the enterprise storage market across the globe. Software defined storage is a data storage software that aids in data protection, data management, input/output (I/O) capabilities, and data placement, independent of the primary storage infrastructure. Apart from this, it also helps in increasing scalability, flexibility, and automation capabilities of an enterprise storage infrastructure. SDS system has the capacity to allocate storage resources efficiently. Therefore, it is largely adopted by end-users in order to reduce the overall storage cost of enterprises. The demand for efficient enterprise storage systems has increased globally, which in turn, has resulted in an increased demand for SDS systems around the globe. Consequently, this is impelling the growth of the enterprise storage market.
The global enterprise storage market is observing growth due to factors such as growing need to store large amounts of data among enterprises and growing advancements in enterprise storage systems and devices. Increase in popularity of camera-equipped devices such as tablets and smartphones has allowed users to generate a huge amount of digital content, leading to growing capacity demands to store that data. Therefore, this is expected to further boost the growth of the enterprise storage market around the globe. Additionally, growing demand for cloud computing is also estimated to fuel the demand for enterprise storage systems in forthcoming years. However, data security is a major factor which is restraining the growth of this market. This is primarily because the data is usually stored in cloud servers which increase its vulnerability.
Evolution of big data analytics is one of the major factors anticipated to create new opportunities for the global enterprise storage market in the coming years.
The global enterprise storage market can be segregated based on storage type, application, and geography. By storage type, the market can be segmented into direct attached storage (DAS), storage area network (SAN), network attached storage (NAS), and mixed/ hybrid storage environment. In terms of application, the market can be segregated into construction, retail, security, banking, financial services and insurance, utilities, automotive and others. Furthermore, based on geography, the global enterprise storage market can be segmented into Europe, Asia Pacific, North America, South America, and Middle East & Africa.
Read Complete Table of Content of the Report at: https://www.marketresearchreports.biz/sample/toc/7791
North America is anticipated to dominate the enterprise storage market throughout the forecast period. Large enterprises across the region have already started using storage software for a long time. However, the increasing demand for automation in emerging economies of Asia Pacific is further anticipated to drive the demand for storage systems across the region.
Major vendors operating in the global enterprise storage market include NetApp, Inc., LSI Corporation, Hitachi Data Systems Corporation, 3PAR, Inc., International Business Machines Corporation, Hewlett Packard Enterprise Development LP, EMC Corporation, Dell, Inc., Oracle Corporation, SGI Corporation, Intel Corporation, Lenovo Group Limited, Western Digital Corporation, Integrated Device Technology Inc., Overland Storage, Inc., NetGear, Inc., and Buffalo Americas, Inc.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
- Tailwinds and headwinds molding the market’s trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players’ strategies
The main aim of the report is to:
- Enable key stakeholder’s in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.