What is Storage Server Market?
Storage server also known as file server, stores, secures, manages and accesses the digital data and file to known server. It enables the access of small as well as large data on a shared network or through internet. However, the storage server is less powerful than the standard server. The primary intention of such type of servers is to store computer files such as photographs, wave files, movies and others. It does not perform other tasks or run any programs. These are designed with round the client server scheme in which the clients are the workstations who are using the storage. Moreover, Coronavirus crisis is affecting the server market as the companies are shut down temporarily and some employees are laid off.
The market study is being classified by Type (Dedicated and Non-dedicated), by Application (SMEs, Enterprise, Government Organizations and Military) and major geographies with country level break-up.
IBM (United States), Oracle (United States), Hewlett-Packard (United States), Dell Inc. (United States), Fujitsu (Japan), Toshiba (Japan), Lenovo (China), Inspur (China), Huawei (China) and Asus (Taiwan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Western digital corporation (United States), Silicon Forensics Inc. (United States), Aewin (Taiwan) and Quanta Cloud Technology (Taiwan).
The global Storage server market is witnessing rise in competitiveness among the players. In terms of market share, the major players are currently dominating. However, some of the companies are increasing the market presence by securing new contracts and tapping new markets. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Storage Server market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Storage Server market by Type, Application and Region.
On the basis of geography, the market of Storage Server has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand of High Performance and Scalable Processors for Managing Demanding Workloads
- Rising Internet Penetration is Fuelling the Market
Market Trend
- Rapid Technological Developments is leading to Usage of Secure Reliable and Cost Efficient Storage Infrastructure
Restraints
- High Costs Associated with the Servers
Opportunities
- Increasing Demand for Higher Storage Space, Speed and Stability
- Growing Volume of Structure and Unstructured Data
Challenges
- Presence of Major Players is leading to Stiff Competition
Market Leaders and some development strategies
On 14th January 2019, IBM has acquired T-systems mainframe services business and On 28th October 2018, IBM has acquired Red Hat which provides open source software products to enterprises
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others