
Asia Pacific Next Generation Data Storage Market, By Storage System (Direct Attached Storage (DAS), Network Attached Storage (NAS), Storage Area Network (SAN)); By Storage Architecture (File and Object-based Storage, Block Storage); By End User Industry (
Description
Asia Pacific Next Generation Data Storage Market, By Storage System (Direct Attached Storage (DAS), Network Attached Storage (NAS), Storage Area Network (SAN)); By Storage Architecture (File and Object-based Storage, Block Storage); By End User Industry (BFSI, Retail, IT & Telecom, Healthcare, Media & Entertainment, Others); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
Asia Pacific Next Generation Data Storage Market Size Expands at CAGR of 8.22% to Reach USD 23.5 Billion by 2030
Asia Pacific Next Generation Data Storage Market is flourishing because of the ongoing digital transformation across industries and increasing data volumes by businesses and consumers.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia Pacific Next Generation Data Storage Market size at USD 14.63 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Asia Pacific Next Generation Data Storage Market size to expand at a CAGR of 8.22% reaching a value of USD 23.5 billion by 2030. The introduction and growing usage of 5G technology, the high adoption of cloud computing, and the growing volume of data due to the growing use of smartphones, wearables, and IoT technologies are major growth factors for the Asia Pacific Next Generation Data Storage Market. The market is also expected to be driven by the increasingly digital transformation across industries, such as healthcare, retail, and BFSI.
Opportunity: Rising Adoption of Next Generation Data Storage in Retail and E-commerce Industries
Cloud computing solutions are becoming increasingly popular in the retail industry because of their advantages, which include scalability flexibility, remote access, and real-time data backup capabilities. The deepening penetration of internet and smartphones is also boosting the growth of e-commerce with an increasing number of businesses and brands building their websites. Increasingly high volumes of data are created as a consequence of the growing number of retail transactions and online sales channels, which is driving the demand for effective storage technology. As a result, the Asia Pacific Next Generation Data Storage Market is expected to grow at significant rate during the period in analysis.
Asia Pacific Next Generation Data Storage Market
Segmental Coverage
Asia Pacific Next Generation Data Storage Market – By Storage Architecture
Based on storage architecture, the Asia Pacific Next Generation Data Storage Market is segmented into file and object-based storage and block storage. File and object-based storage holds the largest share in the Asia Pacific Next Generation Data Storage Market and is projected to register the highest CAGR during the forecast period. File storage is arranged in a rigid tree-like hierarchy with directories, sub-directories, and so on. The rising volume of structured and unstructured data amplifies the need for organized data storage to provide easy access to stored files, as offered by file and object-based storage architectures.
Asia Pacific Next Generation Data Storage Market – By Region
The in-depth research report on the Asia Pacific Next Generation Data Storage Market covers the market in a number of major countries in the region, including China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Malaysia, Singapore, Vietnam, and the rest of APAC. China dominates the Asia Pacific Next Generation Data Storage Market owing to rapid digitization and increasing investments in data storage infrastructure, along with rising adoption of advanced technologies, such as IoT, among small and medium-sized enterprises. China, India, South Korea, and Vietnam also hold a substantial market share. For instance, South Korea’s Naver Corp. recently opened Asia’s largest data center in the country to boost the artificial intelligence and cloud sectors.
Competitive Landscape
Major players operating in the Asia Pacific Next Generation Data Storage Market include Dell Inc., Hewlett Packard Enterprise Development LLP, NetApp, Huawei Technologies Co., Ltd., Pure Storage, Inc., Hitachi Vantara LLC, Fujitsu, and IBM Corporation.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Asia Pacific Next Generation Data Storage Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Asia Pacific Next Generation Data Storage Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
400 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Asia Pacific Next Generation Data Storage Market Insights
- 3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
- 3.1.2.1. Ongoing Digital Transformation Across Industries
- 3.1.2.2. Increasing Data Volumes by Businesses and Consumers Fuels the Need for Storage Solution
- 3.1.3. Restraints
- 3.1.3.1. High Initial Costs
- 3.1.3.2. Security Concerns
- 3.1.4. Opportunities
- 3.1.4.1. Increasing Adoption Of Cloud-Based Storage Solutions
- 3.1.5. Challenges
- 3.1.5.1. Data Compliance and Regulations
- 3.2. Technological Advancements/Recent Developments
- 3.3. Regulatory Framework
- 3.4. Porter’s Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry
- 4. Asia Pacific Next Generation Data Storage Market Overview
- 4.1. Market Product & Forecast, 2019−2030
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Storage System
- 4.2.1.1. Direct Attached Storage (DAS)
- 4.2.1.2. Network Attached Storage (NAS)
- 4.2.1.3. Storage Area Network (SAN)
- 4.2.2. By Storage Architecture
- 4.2.2.1. File and Object-based Storage
- 4.2.2.2. Block Storage
- 4.2.3. By End User Industry
- 4.2.3.1. BFSI
- 4.2.3.2. Retail
- 4.2.3.3. IT & Telecom
- 4.2.3.4. Healthcare
- 4.2.3.5. Media & Entertainment
- 4.2.3.6. Others
- 4.2.4. By Country
- 4.2.4.1. China
- 4.2.4.2. India
- 4.2.4.3. Japan
- 4.2.4.4. South Korea
- 4.2.4.5. Australia & New Zealand
- 4.2.4.6. Indonesia
- 4.2.4.7. Malaysia
- 4.2.4.8. Singapore
- 4.2.4.9. Vietnam
- 4.2.4.10. Rest of APAC
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Asia Pacific Next Generation Data Storage Company Market Share Analysis, 2023
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Escalating Geopolitical Tensions on Asia Pacific Next Generation Data Storage Market
- 7. Impact of Covid-19 on Asia Pacific Next Generation Data Storage Market
- 8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 8.1. Dell Inc.
- 8.2. Hewlett Packard Enterprise Development LLP
- 8.3. NetApp
- 8.4. Huawei Technologies Co., Ltd
- 8.5. Pure Storage, Inc.
- 8.6. Hitachi Vantara LLC
- 8.7. FUJITSU
- 8.8. IBM Corporation
- 8.9. Other Prominent Players
- 9. Key Strategic Recommendations
- 10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents, By Country
- 10.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 Asia Pacific Next Generation Data Storage Segmentation
- Figure 2 Asia Pacific Next Generation Data Storage Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Asia Pacific Next Generation Data Storage Market Share, By Storage System, By Value, 2019−2030
- Figure 5 Asia Pacific Next Generation Data Storage Market Share, By Storage Architecture, By Value, 2019−2030
- Figure 6 Asia Pacific Next Generation Data Storage Market Share, By End User Industry, By Value, 2019−2030
- Figure 7 Asia Pacific Next Generation Data Storage Market Share, By Country, By Value, 2019−2030
- List of Tables
- Table 1 Asia Pacific Next Generation Data Storage Market, By Value (USD Billion), 2019−2030
- Table 2 Asia Pacific Next Generation Data Storage Market, By Storage System, By Value, 2019−2030
- Table 3 Asia Pacific Next Generation Data Storage Market, By Storage Architecture, By Value, 2019−2030
- Table 4 Asia Pacific Next Generation Data Storage Market, By End User Industry, By Value, 2019−2030
- Table 5 Asia Pacific Next Generation Data Storage Market, By Country, By Value, 2019−2030
- Table 6 Dell Inc. Company Overview
- Table 7 Dell Inc. Financial Overview
- Table 8 Hewlett Packard Enterprise Development LLP Company Overview
- Table 9 Hewlett Packard Enterprise Development LLP Financial Overview
- Table 10 NetApp Company Overview
- Table 11 NetApp Financial Overview
- Table 12 Huawei Technologies Co., Ltd Company Overview
- Table 13 Huawei Technologies Co., Ltd Financial Overview
- Table 14 Pure Storage, Inc. Company Overview
- Table 15 Pure Storage, Inc. Financial Overview
- Table 16 Hitachi Vantara LLC Company Overview
- Table 17 Hitachi Vantara LLC Financial Overview
- Table 18 FUJITSU Company Overview
- Table 19 FUJITSU Financial Overview
- Table 20 IBM Corporation Company Overview
- Table 21 IBM Corporation Financial Overview
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