The Next-Generation Data Storage Global Market Report 2023, provides comprehensive information on the next-generation data storage market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/next-generation-data-storage-global-market-report
The global next-generation data storage market is expected to grow from $72.54 billion in 2022 to $80.74 billion in 2023 at a compound annual growth rate (CAGR) of 11.30%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The next-generation data storage market is expected to reach $121.37 billion in 2027 at a CAGR of 10.73%
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Product innovations are a key trend gaining popularity in the next-generation data storage market. Companies operating in the next-generation data storage market are using advanced technologies to sustain their position in the market. For instance, in April 2021, IBM, a US-based IT services and IT consulting company launched IBM Spectrum Fusion as a brand-new, container-native software-defined storage (SDS) solution. It is planned to include Red Hat OpenShift so that businesses may deliver software-defined storage for cloud, edge, and containerized data centers, as well as environments for both virtual machines and containers.
The next-generation data storage market is segmented:
1) By Type: Direct Attached Storage (DAS), Network Attached Storage (NAS), Storage Area Network (SAN), Other Types
2) By Technology: Magnetic Storage, Hybrid Flash Array, Solid State Drive (SSD)
3) By Architecture: File-Based, Object-Based, Block Storage
4) By Deployment: On Premise, Cloud
5) By Industrial Vertical: BFSI, Government, Retail, IT And Telecommunication, Manufacturing, Healthcare, Education, Media And Entertainment
North America was the largest region in the next-generation data storage market in 2022.
The table of contents in TBRC’s next-generation data storage market report includes:
1. Executive Summary
2. Next-Generation Data Storage Market Characteristics3. Next-Generation Data Storage Market Trends And Strategies
4. Next-Generation Data Storage Market – Macro Econozmic Scenario
5. Next-Generation Data Storage Market Segmentation
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26. South America Next-Generation Data Storage Market
27. Brazil Next-Generation Data Storage Market
28. Middle East Next-Generation Data Storage Market
29. Africa Next-Generation Data Storage Market
30. Next-Generation Data Storage Market Competitive Landscape And Company Profiles
Top Major Players:
- Samsung Electronics Co. Ltd
- Dell Technologies Inc
- Hitachi Ltd
- Huawei Technologies Co. Ltd
- The International Business Machines Corporation
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