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Nov, 15 2022

Global Next-Generation Data Storage Market is Expected to Grow with the CAGR of 8.20% in the Forecast Period of 2021 to 2028

The Global Next-Generation Data Storage Market is expected to grow at a CAGR of 8.20% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 102.60 billion by 2028. Rise within the producing of data from input-output electronic devices used across a spread of applications in an exceedingly growing variety of industries is a very important factor escalating the market growth

Moreover, increase in the adoption of cloud storage and solid-state drives will further create new opportunities for next-generation data storage market.

Next-Generation Data Storage Market Scenario

According to Data Bridge Market Research the market for next-generation Data storage next-generation Data storage is expected to gain growth due to increase in globalization and digitalization, rise in the penetration of high-end cloud computing are some of the major factors driving next-generation data storage market. However, rise in the breach in data security in cloud and server-based services and less structured data are the major factors restraining the market.

Now the question is which are the other regions that next-generation Data storage market is targeting? Data Bridge Market Research has estimated Asia-Pacific is the expected region in terms of growth in next-generation data storage market due to increasing consumption of smartphone users and rise in the penetration of high-end cloud computing in this region.

For more analysis on the next-generation Data storage market request for a briefing with our analysts,

Next-Generation Data Storage Market Scope    

Next-generation Data storage market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa.

  • All country based analysis of next-generation Data storage market is further analyzed based on maximum granularity into further segmentation. Based on type, the next-generation data storage market is segmented into direct attached storage (DAS), network attached storage (NAS), storage area network (SAN) and others. On the basis of architecture, the next-generation data storage market is segmented into file-based, object-based, block storage and others. On the basis of storage technology, the next-generation data storage market is segmented into hard disk drive, magnetic tape, all-flash array and hybrid flash array. On the basis of application, the next-generation data storage market is segmented into BFSI, retail, healthcare, media and entertainment, manufacturing, government, telecom & IT and others.
  • Next generation data storage market consists of technologically advanced data storage product and solutions to agitate increasing file sizes and huge amount of unstructured data. serial generation data storage technology manages large data firmly and jointly helps in facultative reliable, secure associate degreed fast recovery of information in a passing economical manner. It's jointly enabled climbable storage and handling of big data generated by huge enterprises.

To know more about the study,

Key Pointers Covered in the Next-Generation Data Storage Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market by Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • 4DS Memory Limited
  • Adesto Technologies Corporation
  • Avalanche Technology
  • Cypress Semiconductor Corporation.
  • Everspin Technologies Inc.
  • IBM
  • Microchip Technology Inc.
  • Nantero
  • Rambus
  • Spin Memory Inc.
  • NXP Semiconductors
  • Texas Instruments Incorporated
  • Western Digital Corporation
  • Viking Technology

Above are the key players covered in the report, to know about more and exhaustive list of next-generation Data storage companies’ contact us,   

Research Methodology of Global Next-generation Data storage market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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