Enterprise Storage Market: 3-Key Growth Scenarios

Enterprise Storage Market Latest Edition Published with Forecast to 2027


According to the report, Growing Demand for Software-Defined Storage (SDS) is one of the primary growth factors for the market. Investments from Professional Services and Banking organizations is also expected to contribute significantly to the Enterprise Storage market. Overall, applications of Enterprise Storage, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Organization Size, such as Small and Medium Sized Enterprises (SMEs), is boosting the Enterprise Storage market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Verticals, such as BFSI, is boosting the Enterprise Storage market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Enterprise Storage market identified that the demand is rising in many different parts of the world as "Evolution of Big Data Analytics ". Furthermore, some recent industry insights like "Recently, Hitachi Vantara Redefines Enterprise Storage With AI-Driven Data Center Operations Solutions: Hitachi Virtual Storage Platform 5000 Series And New Hitachi Ops Center Software and On 20 Feb 2019, Samsung Electronics, the world leader in advanced memory technology, announced that it has begun mass producing the industry’s largest capacity Serial Attached SCSI (SAS) solid-state drive (SSD) – the PM1643 – for use in next-generation enterprise storage systems. Leveraging Samsung’s latest V-NAND technology with 64-layer, 3-bit 512-gigabit (Gb) chips, the 30.72 terabyte (TB) drive delivers twice the capacity and performance of the previous 15.36TB high-capacity lineup introduced in March 2016." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Enterprise Storage market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Enterprise Storage market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

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