The global enterprise storage market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The growth of the enterprises' data storage market is driven by several factors, including, cloud storage adoption, demand for data analytics, solid state drive( SSD) technology advancements, the emergence of new storage technologies, and the demand for secure data storage solutions. As data continues to be a valuable asset for businesses, the demand for innovative and efficient storage solutions is expected to persist in the coming years.Therefore, the market players such as IBM, Viking Enterprise Solutions, Seagate, and othersare adopting various strategies including mergers and acquisitions, partnerships, collaborations, funding, services, and new product launches to meet the increasing growth of the market. For instance,
Browse the full report description of “Enterprise Storage Market Size, Share & Trends Analysis Report by Storage System (Direct Attached Storage, Storage Area Network, Network Attached Storage, and Mixed/Hybrid Storage Environment), and by Industry Verticals (BFSI, Healthcare and Life Sciences, Telecommunications and IT, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/enterprise-storage-market
• In April 2023, Seagate and QNAPrevealedtheir integrated portfolio of edge-to-cloud enterprise storage solutions. The collaboration aims to offer an integrated solution with high-density and efficient management, designed for 4K/8K multimedia, video surveillance, big data storage, and critical backups. The portfolio includes the integration of Seagate’s IronWolf Pro enterprise-class HDDs with QNAP’s NAS with QuTS hero and QTS.
• In May 2022, IBM launched a new software-defined storage server for AI, called the Spectrum Scale Enterprise Storage Server (ESS) 3500. This storage server is designed to work with Nvidia's DGX dense compute servers for AI training and features a faster controller CPU and more throughput than older models. The ESS 3500 runs IBM's scale-out parallel file system, Spectrum Scale, which can span on-premises, cloud, and edge networks.
• In May 2022, Viking Enterprise Solutions launched a highly scalable, on-premise software-defined storage solution called Cloud Native Obsidian (CNO). CNO is an object storage solution with a cloud-native architecture that provides durability and fault tolerance for today's always-on data center. It is highly scalable, both vertically and horizontally, for capacity and/or performance, and can be infinitely expanded.
Market Coverage
• The market number available for – 2023-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Storage System
o By Industry Verticals
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape-includes Dell Technologies, Inc., Hewlett Packard Enterprise Co., Intel Corp., Lenovo, Microsoft. and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Enterprise Storage Market Report Segment
By Storage System
By Industry Verticals
Global Enterprise Storage Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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