Market Overview:
The global enterprise external storage market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The market growth can be attributed to the increasing demand for data storage, rising need for data security and compliance, and growing trend of big data and cloud-based deployments. The all flash array (AFA) segment is expected to grow at a CAGR of 11.8% from 2018 to 2030, while the hybrid flash array (HFA) segment is projected to grow at a CAGR of 9.7%. The SME segment is expected to account for the majority share of the global enterprise external storage market in 2018, while the large enterprise segment is projected to witness highest growth during the forecast period. North America accounted for the largest share of the global enterprise external storage market in 2017, followed by Europe and Asia Pacific.
Product Definition:
An enterprise external storage system is a storage device that is used to store data for an organization. The importance of enterprise external storage is that it allows organizations to store large amounts of data in a secure and accessible location.
All Flash Array(AFA):
All Flash Array (AFA) is a type of storage system that uses flash memory devices to store data. It differs from normal hard disk drives in the way it is constructed and functions. AFA systems have no mechanical components; instead, they rely on electronic circuitry for storing and retrieving data. They are also known as solid-state drives or direct-access storage devices (DAS).
Hybrid Flash Array(HFA):
Hybrid flash array (HFA) is a combination of solid-state drives and hard disk drives used for data storage. It offers high performance, scalability, and reliability required in an enterprise external storage system. HFA provides higher throughput at lower latency as compared to traditional systems which use mechanical storage devices or HDDs/SSDs.
The hybrid flash array market size was valued at USD 648 million in 2016.
Application Insights:
The large enterprise segment accounted for the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. The adoption of flash storage has been significantly higher in large enterprises as compared to SMEs or mid-sized businesses. This can be attributed to factors such as economies of scale, high cost associated with Flash Storage devices, and a more comprehensive IT infrastructure at large enterprises.
SMEs are estimated to be one of the fastest growing segments over the forecast period owing to increasing cloud adoption across all industries globally which requires frequent data migration and backup & restore operations. The need for efficient data management solutions that offer easy access from remote locations is expected drive product demand from SMEs over the next few years. Furthermore, companies such as EMC Corporation., Lenovo Group Ltd., Huawei Technologies Co., Ltd., HP Inc., Cisco Systems Inc.; have launched products specifically designed for small & medium-sized businesses (SMBs).
Regional Analysis:
The North American region accounted for the largest market share in 2017. The growth is attributed to the presence of prominent players such as NetApp, Inc.; Scale Computing, Inc.; and Dell EMC. These companies are actively involved in the development of innovative products that provide high performance and efficient storage to their customers. Moreover, these companies have a strong distribution channel which makes them a preferred brand among enterprises worldwide.
However, Asia Pacific is expected to emerge as the fastest-growing regional segment over the forecast period owing to increasing adoption by SMEs and large enterprises operating across various industry verticals including IT & telecom; healthcare; retail & e-commerce; manufacturing; media & entertainment; transportation & logistics). In addition, rising investments by governments in developing countries such as China and India are anticipated to fuel market growth over next eight years or so.
Growth Factors:
- Increasing demand for big data storage and analytics
- Proliferation of Internet of Things (IoT) and connected devices
- Emergence of new storage technologies
- Growing demand for cloud-based storage services
- Consolidation among enterprise storage vendors
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise External Storage Market Research Report
By Type
All Flash Array(AFA), Hybrid Flash Array(HFA)
By Application
SME, Large Enterprise
By Companies
Dell EMC, Hewlett Packard Enterprise, NetApp, IBM, Hitach, Huawei, New H3C, Toshiba, Pure Storage, Macrosan
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise External Storage Market Report Segments:
The global Enterprise External Storage market is segmented on the basis of:
Types
All Flash Array(AFA), Hybrid Flash Array(HFA)
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
SME, Large Enterprise
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
- Hewlett Packard Enterprise
- NetApp
- IBM
- Hitach
- Huawei
- New H3C
- Toshiba
- Pure Storage
- Macrosan
Highlights of The Enterprise External Storage 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 Array(AFA)
- Hybrid Flash Array(HFA)
- By Application:
- SME
- Large Enterprise
- 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 External Storage 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 external storage is a term used to describe a type of storage that is designed for use by large organizations. Enterprise external storage systems typically offer higher capacity and performance than traditional internal storage systems, making them ideal for storing large amounts of data.
Some of the major companies in the enterprise external storage market are Dell EMC, Hewlett Packard Enterprise, NetApp, IBM, Hitach, Huawei, New H3C, Toshiba, Pure Storage, Macrosan.
The enterprise external storage 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 External Storage 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 External Storage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enterprise External Storage 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 External Storage 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 External Storage Market Size & Forecast, 2020-2028
4.5.1 Enterprise External Storage Market Size and Y-o-Y Growth
4.5.2 Enterprise External Storage Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 All Flash Array(AFA)
5.2.2 Hybrid Flash Array(HFA)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 SME
6.2.2 Large Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enterprise External Storage 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 External Storage 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 All Flash Array(AFA)
9.6.2 Hybrid Flash Array(HFA)
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 Market Size Forecast by Applications
9.10.1 SME
9.10.2 Large Enterprise
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 All Flash Array(AFA)
10.6.2 Hybrid Flash Array(HFA)
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 Market Size Forecast by Applications
10.10.1 SME
10.10.2 Large Enterprise
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 All Flash Array(AFA)
11.6.2 Hybrid Flash Array(HFA)
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 Market Size Forecast by Applications
11.10.1 SME
11.10.2 Large Enterprise
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 All Flash Array(AFA)
12.6.2 Hybrid Flash Array(HFA)
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 Market Size Forecast by Applications
12.10.1 SME
12.10.2 Large Enterprise
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 All Flash Array(AFA)
13.6.2 Hybrid Flash Array(HFA)
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) Market Size Forecast by Applications
13.10.1 SME
13.10.2 Large Enterprise
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 External Storage Market: Competitive Dashboard
14.2 Global Enterprise External Storage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dell EMC
14.3.2 Hewlett Packard Enterprise
14.3.3 NetApp
14.3.4 IBM
14.3.5 Hitach
14.3.6 Huawei
14.3.7 New H3C
14.3.8 Toshiba
14.3.9 Pure Storage
14.3.10 Macrosan
