The enterprise data storage market is expected to grow by USD 3.28 billion, progressing at a CAGR of over 1% during the forecast period.
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Technavio has announced its latest market research report titled Global Enterprise Data Storage Market 2020-2024 (Graphic: Business Wire)
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The increased adoption of cloud applications by enterprises is one of the major factors propelling the market growth. However, factors such as high operating expenses for vendors will hamper market growth.
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Enterprise Data Storage Market: Type Landscape
Based on the type, the SAN segment saw maximum growth in 2019. The market is driven by the increased adoption of cloud applications. The construction rate of data centers in developing countries is higher than the rate in developed countries. This will increase the adoption of SAN storage arrays during the forecast period.
Enterprise Data Storage Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 53% of the market’s overall growth is expected to originate from APAC. The decline in enterprise data storage prices will significantly influence the enterprise data storage market’s growth in the APAC region. China and Japan are the key markets for Enterprise Data Storage in APAC.
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Related Reports on Information Technology Include:
Global Enterprise Storage Systems Market– The enterprise storage systems market is segmented by deployment (SAN system, NAS system, and DAS system) and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report
Global Enterprise Data Management Market– The enterprise data management market is segmented by end-user (BFSI, healthcare, manufacturing, retail, and others) and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report
Companies Covered:
- Buffalo EU BV
- Dell Technologies Inc.
- Fujitsu Ltd.
- Hewlett Packard Enterprise Co.
- Hitachi Ltd.
- Intel Corp.
- International Business Machines Corp.
- NetApp Inc.
- Quantum Corp.
- Western Digital Corp.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- SAN – Market size and forecast 2019-2024
- NAS – Market size and forecast 2019-2024
- DAS – Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Buffalo EU BV
- Dell Technologies Inc.
- Fujitsu Ltd.
- Hewlett Packard Enterprise Co.
- Hitachi Ltd.
- Intel Corp.
- International Business Machines Corp.
- NetApp Inc.
- Quantum Corp.
- Western Digital Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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