About Object Storage System
Object storage system which is also known as object-based storage system is a form of computer data storage architecture which helps in managing the data as objects, in contrast to the other storage architectures like the file systems that manages the data as a file hierarchy, and the block storage that manages the data as blocks within the sectors and tracks. Each object usually includes the data itself, a globally unique identifier, and a variable amount of metadata. Object storage systems can be at times implemented at multiple levels, also including the device level i.e. the object-storage devices, the interface level, and the system level. In each and every case, the object storage strives for enabling the capabilities that are not addressed by any other storage architectures, such as the interfaces which can be directly programmable by the applications, data-management functions like data replication and data distribution, and a namespace that can also span multiple instances of physical hardware, at object-level granularity. The object storage systems permit the preservation of some massive amounts of unstructured data as well. These systems are used for various purposes like storing some photos on Facebook, files in online collaboration services, such as Dropbox, songs on Spotify, and many others.
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The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Object Storage System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Dell (United States), AWS (United States), Basho Technologies (United States), CloudFounders N.V. (Belgium), ETegro (Amsterdam), Hyve Group (United Kingdom), Newisys (United States), Nexenta Systems (United States), Supermicro (United States), SwiftStack Inc. (United States), Seagate (United States) and Cloudian (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Amplidata (United States) and Cleversafe (United States).
AMA Research has segmented the market of Global Object Storage System market by Type (Archive Storage and Cloud Storage), Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and Region.
On the basis of geography, the market of Object Storage System 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). If we see Market by Industry Vertical, the sub-segment i.e. Social Media Platforms will boost the Object Storage System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Manipulate Data will boost the Object Storage System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Denser and Cheaper Flash, AI And Machine Learning Storage Analytics, Multi-Cloud Data Management and Composable Infrastructure
Market Growth Drivers:
Rapid Growth of Unstructured Data in Enterprises and Increasing Data Volumes From Many Vertical and Technologies
Data Security and Privacy Concern
Lack of Technically Skilled People
Technological Advancements Related to Data Storage Solutions
Market Leaders and their expansionary development strategies
Nvidia it has acquired swiftstack, acquisition presents that the improving support for AI, high performance computing and accelerated computing workloads.
IBM has launched advanced storage solution designed to simplify data accessibility and availability across hybrid clouds
Key Target AudienceService Providers of Object Storage System, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.