Market Overview:
The global enterprise data storage devices market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for big data and cloud-based applications, growing trend of Bring Your Own Device (BYOD), and rising need for data security and compliance. The all-flash arrays segment is expected to grow at a higher CAGR than the other segments during the forecast period. This can be attributed to the increasing demand for all-flash arrays in enterprises due to their superior performance as compared to traditional spinning hard disk drives (HDDs). The hybrid storage arrays segment is also expected to witness high growth during the forecast period, owingto its abilityto combinethe benefits of both flash storageand HDDs.
Product Definition:
An enterprise data storage device is a mass storage device that is used in a corporate or institutional setting to store large amounts of data. The importance of enterprise data storage devices is that they provide a reliable and secure way to store large amounts of data. They are often used in conjunction with backup and disaster recovery plans to ensure that important data can be recovered in the event of a system failure.
All-Flash Arrays:
All-Flash Arrays (AFAs) are a type of hybrid storage array that uses Solid State Drive (SSD) as a caching device to enhance the performance of small and medium sized data sets. The AFA is designed to provide high performance for all file types including video, audio, and text. It also provides enhanced scalability with increased capacity up to 128 TB on single controller.
Hybrid Storage Arrays:
Hybrid storage arrays are a combination of flash and magnetic data storage. It is an emerging technology that has gained popularity due to the advantages it offers over its counterparts. Hybrid Arrays have increased enterprise data storage capacity, improved performance, and reduced power consumption & operational costs. The hybrid array market is expected to witness significant growth owing to increasing demand for big data analytics from various industry verticals such as BFSI, IT & telecom, government agencies among others.
Application Insights:
The IT & telecom sector accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growing demand for storage devices from this industry is attributed to increasing data volumes generated by smartphones, tablets, laptops and desktops. Enterprise data storage devices are used by various companies within the IT & Telecom sector including but not limited to Microsoft Corporation, Google Inc., Facebook, Inc., Twitter, Inc., YouTube LLC etc.
The BFSI segment accounted for a significant revenue share in 2016 owing to rising adoption of enterprise data storage solutions among banks and financial institutions. The need for efficient information management has become critical in this sector as it handles a large amount of sensitive information related to customers that needs protection.
Regional Analysis:
The North American region accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of global enterprises coupled with high IT investment in this region. Moreover, increasing adoption of cloud storage and rapid technological advancements are also contributing towards market growth. Furthermore, growing demand for on-demand data storage services is further driving the regional market forward.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing investments by prominent players in this region along with government initiatives encouraging adoption of advanced technologies such as big data analytics and IoT devices among others which would help them store huge volumes of data more efficiently thereby boosting enterprise solutions sales within the region as well as across other regions globally. Additionally, rising awareness regarding benefits associated with enterprise solutions such as improved manageability and cost savings resulting from reduced infrastructure costs are some other factors expected to drive demand within APAC over next eight years (2030).
Growth Factors:
- Increasing demand for big data storage and analytics: The global market for big data storage and analytics is expected to grow at a CAGR of more than 31% from 2016 to 2020, according to MarketsandMarkets. This is largely due to the increasing volume of data being generated by businesses and consumers. As a result, enterprises are increasingly looking for ways to store, manage, and analyze this data in order to gain insights that can help them improve their operations.
- Growing popularity of cloud-based storage solutions: Cloud-based storage solutions are becoming increasingly popular among enterprises due to the many benefits they offer such as scalability, flexibility, and cost-efficiency. In addition, the growing number of cloud service providers is helping drive the growth of the cloud-based storage market.
- Proliferation of IoT devices: The proliferation of IoT devices is generating huge volumes of data that need to be stored somewhere. This is providing a major boost to the enterprise data storage market as businesses look for ways to store all this new information in an efficient manner.
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Data Storage Devices Market Research Report
By Type
All-Flash Arrays, Hybrid Storage Arrays, HDD Arrays
By Application
IT & Telecom, BFSI, Healthcare, Education, Manufacturing, Media & Entertainment, Energy and Utility, Retail and e-Commerce, Government, Others
By Companies
Dell EMC, HP, NetApp, IBM, Hitachi, Pure, Fujitsu, Huawei, Oracle, Lenovo, Western Digital, Violin Systems, DDN IntelliFlash, Silk (Fomerly Kaminario), Nutanix, Pivot 3
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Data Storage Devices Market Report Segments:
The global Enterprise Data Storage Devices market is segmented on the basis of:
Types
All-Flash Arrays, Hybrid Storage Arrays, HDD Arrays
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT & Telecom, BFSI, Healthcare, Education, Manufacturing, Media & Entertainment, Energy and Utility, Retail and e-Commerce, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dell EMC
- HP
- NetApp
- IBM
- Hitachi
- Pure
- Fujitsu
- Huawei
- Oracle
- Lenovo
- Western Digital
- Violin Systems
- DDN IntelliFlash
- Silk (Fomerly Kaminario)
- Nutanix
- Pivot 3
Highlights of The Enterprise Data Storage Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- All-Flash Arrays
- Hybrid Storage Arrays
- HDD Arrays
- By Application:
- IT & Telecom
- BFSI
- Healthcare
- Education
- Manufacturing
- Media & Entertainment
- Energy and Utility
- Retail and e-Commerce
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enterprise Data Storage Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enterprise data storage devices are used to store large amounts of data. They can be used in businesses to store information such as customer records, financial data, and employee files.
Some of the major players in the enterprise data storage devices market are Dell EMC, HP, NetApp, IBM, Hitachi, Pure, Fujitsu, Huawei, Oracle, Lenovo, Western Digital, Violin Systems, DDN IntelliFlash, Silk (Fomerly Kaminario), Nutanix, Pivot 3.
The enterprise data storage devices market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enterprise Data Storage Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Enterprise Data Storage Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enterprise Data Storage Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Enterprise Data Storage Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Enterprise Data Storage Devices Market Size & Forecast, 2018-2028
4.5.1 Enterprise Data Storage Devices Market Size and Y-o-Y Growth
4.5.2 Enterprise Data Storage Devices Market Absolute $ Opportunity
Chapter 5 Global Enterprise Data Storage Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Enterprise Data Storage Devices Market Size Forecast by Type
5.2.1 All-Flash Arrays
5.2.2 Hybrid Storage Arrays
5.2.3 HDD Arrays
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enterprise Data Storage Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Enterprise Data Storage Devices Market Size Forecast by Applications
6.2.1 IT & Telecom
6.2.2 BFSI
6.2.3 Healthcare
6.2.4 Education
6.2.5 Manufacturing
6.2.6 Media & Entertainment
6.2.7 Energy and Utility
6.2.8 Retail and e-Commerce
6.2.9 Government
6.2.10 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enterprise Data Storage Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Enterprise Data Storage Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Enterprise Data Storage Devices Analysis and Forecast
9.1 Introduction
9.2 North America Enterprise Data Storage Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Enterprise Data Storage Devices Market Size Forecast by Type
9.6.1 All-Flash Arrays
9.6.2 Hybrid Storage Arrays
9.6.3 HDD Arrays
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Enterprise Data Storage Devices Market Size Forecast by Applications
9.10.1 IT & Telecom
9.10.2 BFSI
9.10.3 Healthcare
9.10.4 Education
9.10.5 Manufacturing
9.10.6 Media & Entertainment
9.10.7 Energy and Utility
9.10.8 Retail and e-Commerce
9.10.9 Government
9.10.10 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Enterprise Data Storage Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Enterprise Data Storage Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Enterprise Data Storage Devices Market Size Forecast by Type
10.6.1 All-Flash Arrays
10.6.2 Hybrid Storage Arrays
10.6.3 HDD Arrays
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Enterprise Data Storage Devices Market Size Forecast by Applications
10.10.1 IT & Telecom
10.10.2 BFSI
10.10.3 Healthcare
10.10.4 Education
10.10.5 Manufacturing
10.10.6 Media & Entertainment
10.10.7 Energy and Utility
10.10.8 Retail and e-Commerce
10.10.9 Government
10.10.10 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Enterprise Data Storage Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enterprise Data Storage Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Enterprise Data Storage Devices Market Size Forecast by Type
11.6.1 All-Flash Arrays
11.6.2 Hybrid Storage Arrays
11.6.3 HDD Arrays
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Enterprise Data Storage Devices Market Size Forecast by Applications
11.10.1 IT & Telecom
11.10.2 BFSI
11.10.3 Healthcare
11.10.4 Education
11.10.5 Manufacturing
11.10.6 Media & Entertainment
11.10.7 Energy and Utility
11.10.8 Retail and e-Commerce
11.10.9 Government
11.10.10 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Enterprise Data Storage Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Enterprise Data Storage Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Enterprise Data Storage Devices Market Size Forecast by Type
12.6.1 All-Flash Arrays
12.6.2 Hybrid Storage Arrays
12.6.3 HDD Arrays
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Enterprise Data Storage Devices Market Size Forecast by Applications
12.10.1 IT & Telecom
12.10.2 BFSI
12.10.3 Healthcare
12.10.4 Education
12.10.5 Manufacturing
12.10.6 Media & Entertainment
12.10.7 Energy and Utility
12.10.8 Retail and e-Commerce
12.10.9 Government
12.10.10 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Enterprise Data Storage Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enterprise Data Storage Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Enterprise Data Storage Devices Market Size Forecast by Type
13.6.1 All-Flash Arrays
13.6.2 Hybrid Storage Arrays
13.6.3 HDD Arrays
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Enterprise Data Storage Devices Market Size Forecast by Applications
13.10.1 IT & Telecom
13.10.2 BFSI
13.10.3 Healthcare
13.10.4 Education
13.10.5 Manufacturing
13.10.6 Media & Entertainment
13.10.7 Energy and Utility
13.10.8 Retail and e-Commerce
13.10.9 Government
13.10.10 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Enterprise Data Storage Devices Market: Competitive Dashboard
14.2 Global Enterprise Data Storage Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dell EMC
14.3.2 HP
14.3.3 NetApp
14.3.4 IBM
14.3.5 Hitachi
14.3.6 Pure
14.3.7 Fujitsu
14.3.8 Huawei
14.3.9 Oracle
14.3.10 Lenovo
14.3.11 Western Digital
14.3.12 Violin Systems
14.3.13 DDN IntelliFlash
14.3.14 Silk (Fomerly Kaminario)
14.3.15 Nutanix
14.3.16 Pivot 3
