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Next-Generation Data Storage Market Analysis Report – Global Industry Drivers, Restraints, Opportunities And Segments Outlook To 2025 | Million Insights

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Next-Generation Data Storage Market Analysis Report – Global Industry Drivers, Restraints, Opportunities And Segments Outlook To 2025 | Million Insights

June 02
06:06 2020
Next-Generation Data Storage Market Analysis Report - Global Industry Drivers, Restraints, Opportunities And Segments Outlook To 2025 | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global next-generation data storage industry is predicted to grow at 12.5% CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

Market Snapshot:

The global Next-Generation Data Storage Market size was projected at US$ 53.1 billion in 2018. It is expected to reach US$ 118.22 billion by 2025 with a CAGR of 12.5% during the forecast period. This could be attributed to the ever-increasing digitization and globalization. The basic advantage of next-generation data storage is that it makes way for reliable, quicker, scalable, secure, and cost-effective way of storing data. The sectors witnessing next-generation data storage at the moment include data centers, automotive, and IT. The factor catalyzing the market is the fact that information growing by leaps and bounds does require space for storage as well as maintenance.

Get Sample PDF and read more details about the “Next-Generation Data Storage Market” Report 2025.

Market Segmentation:

The next-generation data storage market is segmented based on type, architecture, storage technology, application, and geography. By type, the market spans SAN (Storage Area Network), NAS (Network Attached Storage), DAS (Direct Attached Storage), and others. By architecture, it says object-based, block storage, file-based, and others. By storage technology, the segmentation goes like All-flash array, hybrid flash array, magnetic tape, and hard disk drive. By application, it constitutes retail, manufacturing, media & entertainment, healthcare, BFSI, government, telecom & IT, and others.

By geography, the next-generation data storage industry is segmented into North America (U.S., Canada), Europe (Spain, Italy, France, Germany, and UK), Asia Pacific (Japan, China, ANZ (Australia & New Zealand)), South Korea, and India), LATAM (Mexico, Brazil), and MEA (Saudi Arabia, South Africa, and Israel). North America rules the market due to immediate adoption of the latest technology by the U.S. Europe comes in second; followed by Asia Pacific, which is a promising market for next-generation data storage; especially after initiatives like “Digital India” coupled with availability of wearable devices, smartphones, and low-cost tablets.


The players contributing to the next-generation data storage market include Dell, Cloudian, Drobo, Fujitsu, Hitachi, HP, IBM, Inspur, Micron Technology, Netapp, Netgear, Nexenta Systems, Nutanix, Pure Storage, Quantum, Samsung, Scality, Tintri, Toshiba, and VMWare.

Full Research Report On Global Next-Generation Data Storage Market Analysis available at:

Market Segment:

Next-Generation Data Storage Technology Outlook (Revenue, USD Million, 2014 – 2025)
  • Magnetic Storage
    • SSD
    • Hybrid Flash Array

Next-Generation Data Storage Technique Outlook (Revenue, USD Million, 2014 – 2025)
    • Direct-Attached Storage
    • Network-Attached Storage
    • Storage Area Network
    • Others

Next-Generation Data Storage Type Outlook (Revenue, USD Million, 2014 – 2025)
    • Local (on-premise)
    • Remote (cloud)
    • Hybrid

Next-Generation Data Storage End User Outlook (Revenue, USD Million, 2014 – 2025)
    • Home
    • Business
        • BFSI
        • Retail
        • Healthcare
        • Government Bodies
        • Telecom Companies
        • Cloud Service Providers
        • Others

Next-Generation Data Storage Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • Japan
        • India
        • Singapore
        • South Korea
    • South America
        • Brazil
    • Middle East & Africa

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