The Next-Generation Data Storage Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Type (Direct-Attached Storage, Network-Attached Storage (NAS), Cloud Storage, Unified Storage, Storage Area Network (SAN), Software-Defined Storage (SDS), Others), Application (BFSI, Telecom & IT, Healthcare, Energy, Government, Education & Research, Others), Storage Technology (Hard Disk Drive, Magnetic Tape, All-Flash Array, Hybrid Flash Array, Others), Architecture (File-Based, Object-Based, Block Storage, Others).
Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Next-Generation Data Storage industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Next-Generation Data Storage companies. The Next-Generation Data Storage demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Next-Generation Data Storage industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.
In the next-generation data storage market, there's a trend towards advanced storage technologies capable of handling massive data volumes with higher speed and efficiency. Innovations in solid-state storage, DNA data storage, and cloud-based storage solutions are prevalent trends. Additionally, the adoption of next-gen data storage for artificial intelligence, edge computing, and big data applications is gaining traction. Moreover, advancements in data compression techniques, quantum storage, and decentralized storage architectures are shaping the market.
Key drivers propelling the next-generation data storage market include the exponential growth of data, the demand for faster access to information, and the need for secure and scalable storage solutions. Next-gen data storage technologies offer advantages such as higher storage densities, faster data access, and improved data security, driving their adoption in industries requiring high-performance data processing and storage capabilities. Moreover, technological advancements in storage media, data encryption, and data retrieval algorithms contribute significantly to market growth.
Opportunities in the next-generation data storage market lie in innovating storage technologies and addressing the evolving needs of data-intensive applications. Collaboration among storage technology developers, cloud service providers, and IT enterprises offers significant growth prospects. Moreover, investing in research and development for disruptive storage innovations, quantum-resistant encryption methods, and sustainable data storage solutions can unlock new avenues for market expansion. Exploring emerging markets with burgeoning digital transformation initiatives and promoting the benefits of next-gen data storage for high-speed and secure data handling can further drive market growth and facilitate widespread adoption.
Next-Generation Data Storage encompasses advanced technologies and techniques for storing and managing vast amounts of digital data. These technologies may include cloud-based storage, solid-state drives (SSDs), or innovative data storage architectures to enhance data accessibility, security, and efficiency.
By Type
By Application
By Storage Technology
By Architecture
By Region
• Broadcom Inc.
• Cisco Systems, Inc.
• Dell Technologies Inc
• Hitachi Vantara Corporation
• HP Inc
• Intel Corporation
• International Business Machines Corporation (IBM)
• Kingston Technology Company, Inc.
• Micron Technology, Inc.
• NetApp, Inc.
• Nutanix, Inc.
• Pure Storage, Inc.
• Seagate Technology Holdings plc
• Tintri (DDN Storage)
• Toshiba Corporation
• Western Digital Corporation
*List not exhaustive
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TABLE OF CONTENTS
1 INTRODUCTION TO 2024 Next-Generation Data Storage MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 EXECUTIVE SUMMARY
3.1 Global Next-Generation Data Storage Market Size Outlook, $ Million, 2021 to 2030
3.2 Next-Generation Data Storage Market Outlook by Type, $ Million, 2021 to 2030
3.3 Next-Generation Data Storage Market Outlook by Product, $ Million, 2021 to 2030
3.4 Next-Generation Data Storage Market Outlook by Application, $ Million, 2021 to 2030
3.5 Next-Generation Data Storage Market Outlook by Key Countries, $ Million, 2021 to 2030
4 MARKET DYNAMICS
4.1 Key Driving Forces of Next-Generation Data Storage Industry
4.2 Key Market Trends in Next-Generation Data Storage Industry
4.3 Potential Opportunities in Next-Generation Data Storage Industry
4.4 Key Challenges in Next-Generation Data Storage Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Next-Generation Data Storage Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 GLOBAL Next-Generation Data Storage MARKET OUTLOOK BY SEGMENTS
7.1 Next-Generation Data Storage Market Outlook by Segments
Type
- Direct-Attached Storage
- Network-Attached Storage (NAS)
- Cloud Storage
- Unified Storage
- Storage Area Network (SAN)
- Software-Defined Storage (SDS)
- Others
Application
- BFSI
- Telecom & IT
- Healthcare
- Energy
- Government
- Education & Research
- Others
Storage Technology
- Hard Disk Drive
- Magnetic Tape
- All-Flash Array
- Hybrid Flash Array
- Others
Architecture
- File-Based
- Object-Based
- Block Storage
- Others
8 NORTH AMERICA Next-Generation Data Storage MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Next-Generation Data Storage Markets in 2024
8.2 North America Next-Generation Data Storage Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Next-Generation Data Storage Market size Outlook by Segments, 2021-2030
Type
- Direct-Attached Storage
- Network-Attached Storage (NAS)
- Cloud Storage
- Unified Storage
- Storage Area Network (SAN)
- Software-Defined Storage (SDS)
- Others
Application
- BFSI
- Telecom & IT
- Healthcare
- Energy
- Government
- Education & Research
- Others
Storage Technology
- Hard Disk Drive
- Magnetic Tape
- All-Flash Array
- Hybrid Flash Array
- Others
Architecture
- File-Based
- Object-Based
- Block Storage
- Others
9 EUROPE Next-Generation Data Storage MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Next-Generation Data Storage Markets in 2024
9.2 Europe Next-Generation Data Storage Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Next-Generation Data Storage Market size Outlook by Segments, 2021-2030
Type
- Direct-Attached Storage
- Network-Attached Storage (NAS)
- Cloud Storage
- Unified Storage
- Storage Area Network (SAN)
- Software-Defined Storage (SDS)
- Others
Application
- BFSI
- Telecom & IT
- Healthcare
- Energy
- Government
- Education & Research
- Others
Storage Technology
- Hard Disk Drive
- Magnetic Tape
- All-Flash Array
- Hybrid Flash Array
- Others
Architecture
- File-Based
- Object-Based
- Block Storage
- Others
10 ASIA PACIFIC Next-Generation Data Storage MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Next-Generation Data Storage Markets in 2024
10.2 Asia Pacific Next-Generation Data Storage Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Next-Generation Data Storage Market size Outlook by Segments, 2021-2030
Type
- Direct-Attached Storage
- Network-Attached Storage (NAS)
- Cloud Storage
- Unified Storage
- Storage Area Network (SAN)
- Software-Defined Storage (SDS)
- Others
Application
- BFSI
- Telecom & IT
- Healthcare
- Energy
- Government
- Education & Research
- Others
Storage Technology
- Hard Disk Drive
- Magnetic Tape
- All-Flash Array
- Hybrid Flash Array
- Others
Architecture
- File-Based
- Object-Based
- Block Storage
- Others
11 SOUTH AMERICA Next-Generation Data Storage MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Next-Generation Data Storage Markets in 2024
11.2 South America Next-Generation Data Storage Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Next-Generation Data Storage Market size Outlook by Segments, 2021-2030
Type
- Direct-Attached Storage
- Network-Attached Storage (NAS)
- Cloud Storage
- Unified Storage
- Storage Area Network (SAN)
- Software-Defined Storage (SDS)
- Others
Application
- BFSI
- Telecom & IT
- Healthcare
- Energy
- Government
- Education & Research
- Others
Storage Technology
- Hard Disk Drive
- Magnetic Tape
- All-Flash Array
- Hybrid Flash Array
- Others
Architecture
- File-Based
- Object-Based
- Block Storage
- Others
12 MIDDLE EAST AND AFRICA Next-Generation Data Storage MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Next-Generation Data Storage Markets in 2024
12.2 Middle East and Africa Next-Generation Data Storage Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Next-Generation Data Storage Market size Outlook by Segments, 2021-2030
Type
- Direct-Attached Storage
- Network-Attached Storage (NAS)
- Cloud Storage
- Unified Storage
- Storage Area Network (SAN)
- Software-Defined Storage (SDS)
- Others
Application
- BFSI
- Telecom & IT
- Healthcare
- Energy
- Government
- Education & Research
- Others
Storage Technology
- Hard Disk Drive
- Magnetic Tape
- All-Flash Array
- Hybrid Flash Array
- Others
Architecture
- File-Based
- Object-Based
- Block Storage
- Others
13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- Broadcom Inc.
- Cisco Systems, Inc.
- Dell Technologies Inc
- Hitachi Vantara Corporation
- HP Inc
- Intel Corporation
- International Business Machines Corporation (IBM)
- Kingston Technology Company, Inc.
- Micron Technology, Inc.
- NetApp, Inc.
- Nutanix, Inc.
- Pure Storage, Inc.
- Seagate Technology Holdings plc
- Tintri (DDN Storage)
- Toshiba Corporation
- Western Digital Corporation
14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Next-Generation Data Storage encompasses advanced technologies and techniques for storing and managing vast amounts of digital data. These technologies may include cloud-based storage, solid-state drives (SSDs), or innovative data storage architectures to enhance data accessibility, security, and efficiency.
By Type
By Application
By Storage Technology
By Architecture
By Region
The global Next Generation Data Storage Market is one of the lucrative growth markets, poised to register a 7.8% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Broadcom Inc., Cisco Systems, Inc., Dell Technologies Inc, Hitachi Vantara Corporation, HP Inc, Intel Corporation, International Business Machines Corporation (IBM), Kingston Technology Company, Inc., Micron Technology, Inc., NetApp, Inc., Nutanix, Inc., Pure Storage, Inc., Seagate Technology Holdings plc, Tintri (DDN Storage), Toshiba Corporation, Western Digital Corporation,
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume