Report cover image

Global Next-Generation Data Storage Market Size Study, By Storage System (Direct-Attached Storage, Network-Attached Storage, Storage Area Network), By Storage Technique (Magnetic Storage, SSD, Hybrid Flash Array), By Storage Type (Local, Remote, Hybrid),

Publisher Bizwit Research & Consulting
Published Jan 11, 2025
Length 285 Pages
SKU # BIZW19502858

Description

Global Next-Generation Data Storage Market Size Study, By Storage System (Direct-Attached Storage, Network-Attached Storage, Storage Area Network), By Storage Technique (Magnetic Storage, SSD, Hybrid Flash Array), By Storage Type (Local, Remote, Hybrid), By End-use (Home, Business, BFSI, Healthcare, Government, Cloud Service Providers), and Regional Forecasts 2022-2032


The Global Next-Generation Data Storage Market is valued at USD 61.1 billion in 2023 and is projected to expand with a robust CAGR of 6.7% from 2024 to 2032, reaching a valuation of USD 109.53 billion by the end of the forecast period. This surge is predominantly driven by the escalating penetration of IoT across critical sectors such as retail, healthcare, and manufacturing, paired with the mounting reliance on cloud computing solutions. The digitization of data across residential and commercial spaces is further bolstered by the widespread adoption of advanced digital devices, including smartphones, tablets, and laptops, significantly propelling market growth.

The relentless generation of digital data within industries like BFSI, retail, and healthcare necessitates scalable and flexible storage solutions. Market participants are leaning heavily into cloud storage technologies for enhanced scalability and cost-effectiveness. The integration of Big Data analytics with cloud storage solutions is reshaping the landscape, facilitating real-time insights and superior customer experiences. Innovative technologies like crystal etching are being deployed to optimize data management.

Despite the high adoption costs in regions with limited economic bandwidth, such as APAC and MEA, the transformative potential of next-generation data storage, particularly in enabling advanced analytics and supporting complex IT infrastructures, is expected to unlock significant opportunities for growth. Rising investments in R&D and the adoption of hybrid storage solutions to address data security and performance demands are pivotal in driving this growth trajectory.

Key geographic markets such as North America, Europe, and Asia Pacific exhibit dynamic growth patterns. North America leads with robust infrastructure and regulatory support, while Asia Pacific is set to record the fastest CAGR, driven by burgeoning IT infrastructure and digital transformation initiatives.

Major market players included in this report are:
• Hewlett Packard Enterprise Company
• Dell Inc.
• NetApp, Inc.
• Hitachi, Ltd.
• International Business Machines Corporation
• Micron Technology, Inc.
• Netgear Inc.
• Inspur
• Western Digital Technologies, Inc.
• Kingston Technology Corporation
• Toshiba Corporation
• Fujitsu Limited
• Pure Storage, Inc.
• Cohesity
• Rubrik

The detailed segments and sub-segments of the market are explained below:

By Storage Technique
• Magnetic Storage
• SSD
• Hybrid Flash Array

By Storage System
• Direct-Attached Storage
• Network-Attached Storage
• Storage Area Network
• Others

By Storage Type
• Local (on-premises)
• Remote (cloud)
• Hybrid

By End-use
• Home
• Business
BFSI
Retail
Healthcare
Government Bodies
Telecom Companies
Cloud Service Providers
Others

By Region:
• North America
U.S.
Canada
Mexico
• Europe
UK
Germany
France
• Asia Pacific
China
Japan
India
Singapore
South Korea
• Latin America
Brazil
• Middle East & Africa
Saudi Arabia
UAE
South Africa

Years Considered for the Study
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024-2032

Key Takeaways
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand-side and supply-side analysis of the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Next-Generation Data Storage Market Executive Summary
1.1. Global Next-Generation Data Storage Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Storage System
1.3.2. By Storage Technique
1.3.3. By Storage Type
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Next-Generation Data Storage Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Next-Generation Data Storage Market Dynamics
3.1. Market Drivers
3.1.1. IoT Penetration in Key Sectors
3.1.2. Shift Towards Cloud Computing
3.1.3. Expansion of Digital Data Generation
3.2. Market Challenges
3.2.1. High Adoption Costs in Developing Economies
3.2.2. Limited Awareness of Advanced Storage Solutions
3.3. Market Opportunities
3.3.1. Integration of AI and Big Data in Storage
3.3.2. Growth in Hybrid Storage Adoption
3.3.3. Investments in R&D for Enhanced Technologies
Chapter 4. Global Next-Generation Data Storage Market Industry Analysis
4.1. Porter’s Five Forces Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Next-Generation Data Storage Market Size & Forecasts by Storage System (2022-2032)
5.1. Segment Dashboard
5.2. Global Next-Generation Data Storage Market: Storage System Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Direct-Attached Storage
5.2.2. Network-Attached Storage
5.2.3. Storage Area Network
5.2.4. Others
Chapter 6. Global Next-Generation Data Storage Market Size & Forecasts by Storage Technique (2022-2032)
6.1. Segment Dashboard
6.2. Global Next-Generation Data Storage Market: Storage Technique Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Magnetic Storage
6.2.2. SSD
6.2.3. Hybrid Flash Array
Chapter 7. Global Next-Generation Data Storage Market Size & Forecasts by Storage Type (2022-2032)
7.1. Segment Dashboard
7.2. Global Next-Generation Data Storage Market: Storage Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Local (On-premises)
7.2.2. Remote (Cloud)
7.2.3. Hybrid
Chapter 8. Global Next-Generation Data Storage Market Size & Forecasts by End-Use (2022-2032)
8.1. Segment Dashboard
8.2. Global Next-Generation Data Storage Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.2.1. Home
8.2.2. Business
8.2.2.1. BFSI
8.2.2.2. Retail
8.2.2.3. Healthcare
8.2.2.4. Government Bodies
8.2.2.5. Telecom Companies
8.2.2.6. Cloud Service Providers
8.2.2.7. Others
Chapter 9. Global Next-Generation Data Storage Market Size & Forecasts by Region (2022-2032)
9.1. North America Next-Generation Data Storage Market
9.1.1. U.S. Next-Generation Data Storage Market
9.1.1.1. Storage System Breakdown Size & Forecasts, 2022-2032
9.1.1.2. Storage Type Breakdown Size & Forecasts, 2022-2032
9.1.2. Canada Next-Generation Data Storage Market
9.1.3. Mexico Next-Generation Data Storage Market
9.2. Europe Next-Generation Data Storage Market
9.2.1. UK Next-Generation Data Storage Market
9.2.2. Germany Next-Generation Data Storage Market
9.2.3. France Next-Generation Data Storage Market
9.2.4. Rest of Europe Next-Generation Data Storage Market
9.3. Asia Pacific Next-Generation Data Storage Market
9.3.1. China Next-Generation Data Storage Market
9.3.2. Japan Next-Generation Data Storage Market
9.3.3. India Next-Generation Data Storage Market
9.3.4. Singapore Next-Generation Data Storage Market
9.3.5. South Korea Next-Generation Data Storage Market
9.3.6. Rest of Asia Pacific Next-Generation Data Storage Market
9.4. Latin America Next-Generation Data Storage Market
9.4.1. Brazil Next-Generation Data Storage Market
9.4.2. Rest of Latin America Next-Generation Data Storage Market
9.5. Middle East & Africa Next-Generation Data Storage Market
9.5.1. Saudi Arabia Next-Generation Data Storage Market
9.5.2. UAE Next-Generation Data Storage Market
9.5.3. South Africa Next-Generation Data Storage Market
9.5.4. Rest of Middle East & Africa Next-Generation Data Storage Market
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Hewlett Packard Enterprise Company
10.1.2. Dell Inc.
10.1.3. NetApp, Inc.
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Hewlett Packard Enterprise Company
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financials (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Dell Inc.
10.3.3. NetApp, Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
List of Tables
TABLE 1. Global Next-Generation Data Storage Market Scope
TABLE 2. Global Next-Generation Data Storage Market Estimates & Forecasts by Region, 2022-2032 (USD Million/Billion)
TABLE 3. Global Next-Generation Data Storage Market Estimates & Forecasts by Storage System, 2022-2032 (USD Million/Billion)
TABLE 4. Global Next-Generation Data Storage Market Estimates & Forecasts by Storage Technique, 2022-2032 (USD Million/Billion)
TABLE 5. Global Next-Generation Data Storage Market Estimates & Forecasts by Storage Type, 2022-2032 (USD Million/Billion)
TABLE 6. U.S. Next-Generation Data Storage Market by Segment, 2022-2032 (USD Million/Billion)
TABLE 7. Europe Next-Generation Data Storage Market Estimates, 2022-2032 (USD Million/Billion)
TABLE 8. Asia Pacific Next-Generation Data Storage Market Estimates by Segment, 2022-2032 (USD Million/Billion)
TABLE 9. Competitive Landscape of Key Players
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Next-Generation Data Storage Market, Research Methodology
FIGURE 2. Global Next-Generation Data Storage Market, Market Estimation Techniques
FIGURE 3. Global Next-Generation Data Storage Market, Key Trends (2023)
FIGURE 4. U.S. Next-Generation Data Storage Market Estimates (2022 & 2032)
FIGURE 5. Europe Next-Generation Data Storage Market by Storage Type (2022 & 2032)
FIGURE 6. Asia Pacific Next-Generation Data Storage Market by End-Use (2022 & 2032)
FIGURE 7. Competitive Landscape: Market Share by Key Companies (2023)
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us