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Read here market analysis report on NEXT GENERATION DATA STORAGE
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NEXT GENERATION DATA STORAGE MARKET ANALYSIS Next generation data storage solutions are primarily used in the BFSI, government, retail, IT and telecommunication, manufacturing, and healthcare industries. The IoT devices used in the manufacturing facilities generates data in different type of formats such as images or texts. Moreover, in order to store and analyze data, companies are rapidly adopting next generation data storage solutions.
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Market Dynamics The growth of the global next generation data storage market is majorly attributed to the product development by the companies such as Dell Technologies. For instance, in June 2020, Dell Technologies launched EMC PowerScale, a storage system for unstructured data. Moreover companies such as Hewlett-Packard Enterprise are partnering with other companies to develop the next generation storage solutions. For instance, in June 2019, Hewlett-Packard Enterprise entered into a partnership with the Qumulo, a cloud storage solution provider to develop both on-premise and cloud-based storage solutions. Thus, product
development and partnerships are the factors that are expected to propel growth of the market during the forecast period 2020-2027.
Key features of the study: • This report provides an in-depth analysis of the global next generation data storage market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval,
regional outlook, and competitive strategy adopted by leading players • It profiles leading players in the global next generation data storage market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans • Key companies covered in the global next generation data storage market include Dell, IBM Corporation, EMC Corporation, Hitachi Data Systems, Micron Technology, Hewlett-Packard Development Company, Avago Technologies, Nutanix, Toshiba Corporation, Drobo, Quantum Corporation, and SimpliVity Corporation.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, architecture up gradation, market expansion, and marketing tactics • The global next generation data storage market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global next generation data storage market • Request free sample copy of next generation data storage market analysis • Request free PDF copy of next generation data storage market analysis
Figure 1: Global Next Generation Data Storage Market Share (%) in terms of Value, By Region, 2019
Figure 2: Global Next Generation Data Storage Market Value (US$ Mn), 2017 - 2027
Company Profiles Key players operating in the global next generation data storage market are Dell, IBM Corporation, EMC Corporation, Hitachi Data Systems, Micron Technology, Hewlett-Packard Development Company, Avago Technologies, Nutanix, Toshiba Corporation, Drobo, Quantum Corporation, and SimpliVity Corporation.
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