Enterprise Storage Market Scope
Enterprise storage is a centralized repository for business information, which provides common data management, protection as well as data sharing functions through connections to computer systems. As enterprises deal with heavy workloads of business-critical information, enterprise storage systems should be scalable for workloads of hundreds of terabytes or even petabytes without depending on excessive cabling or the creation of subsystems. Moreover, other key aspects of an enterprise storage system are unlimited connectivity and support for multiple platforms.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Enterprise Storage market throughout the predicted period.
Dell EMC (United States), Hitachi Data Systems (United States), Hewlett-Packard (United States), IBM (United States), Oracle (United States), Lenovo (China), Samsung (South Korea), SanDisk (United States), Fujitsu (Japan), NetApp (United States), American Megatrends (United States), DataDirect Networks (United States), Dot Hill Systems (United States), Imation Corp (United States) and NEC Corp (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Netgear (United States), Nfina (United States), Nimble Storage (United States), Nimbus Data (United States), Overland Storage (United States), Pure Storage (United States), Seagate Technology (United States), Tegile (United States), Toshiba (Japan), Violin Systems (United States), Western Digital (United States) and Axellio Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Enterprise Storage market by Type (SAN Storage Systems, Network-Attached Storage Systems and DAS Systems) and Region with country level break-up.
On the basis of geography, the market of Enterprise Storage 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).
Market Leaders and their expansionary development strategies
On 19 September, 2019 - DDN, the global leader in AI and multicloud data management, announced that it has entered into a strategic partnership with Western Digital Corp. that includes an agreement to acquire Western Digital’s IntelliFlashTM business. Additionally, the companies will expand their existing relationship through a mutual global strategic sourcing agreement. DDN and Western Digital are committed to executing a smooth transition for customers and key stakeholders. and On 10 Sept 2019, Dell Technologies has announced a significant update to Dell EMC PowerMax, incorporating next-generation technologies to ensure best-in-class performance for today and tomorrow’s most critical applications.
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.
Market Trend
- Growing Demand for Software-Defined Storage (SDS)
- The Emergence of Artificial Intelligence (AI) and Machine Learning
Market Drivers
- Investments from Professional Services and Banking organizations
- Infrastructure Modernization
- Increasing Demand from third Platform Technologies, Data Localization, Surveillance, Etc.
- Adoption of New Age Technologies Such As IoT, RPA, AI, and Blockchain
Opportunities
- Evolution of Big Data Analytics
- Surging Demand for Data Storage from Various Industry Verticals
Restraints
- Data Security is a Major Factor Hampering the Growth of the Market
Key Target Audience
Enterprise Storage Key Vendors, Regulatory & Government Bodies, Potential Technology Investors, End Users and Others