
Next-Generation Data Storage Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)
Description
The global next-generation data storage market size reached a value of around USD 65.91 Billion in 2024. The market is further expected to grow at a CAGR of 9.40% between 2025 and 2034, reaching a value of around USD 161.85 Billion by 2034.
Key Trends in the Market
Next-generation data storage refers to products and advanced data storage solutions that can handle huge amounts of unstructured data and expanding file sizes. These technologically-advanced products help with quick recovery and dependable data management in a cost-effective way while managing massive amounts of data securely.
The EMR’s report titled “Next-Generation Data Storage Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Storage System
By storage system, direct-attached storage (DAS) is expected to witness significant growth in the next-generation data storage global market. The simple and basic architecture of DAS enable support numerous information accessibility capabilities. DAS technology is also suited for small and medium-sized organisations due to its inexpensive cost. Over the forecast period, the DAS segment is likely to be driven by the growing number of small and medium-sized businesses in emerging economies.
Global Next-Generation Data Storage Market Share by End-User
Healthcare segment is anticipated to be one of the leading end-users of next-generation data storage throughout the forecast period, fuelled by the exponential increase in data generated with increasing digitalisation and rising patient volumes. Data storage in the healthcare sector has seen a paradigm shift in recent years, moving from traditional digital data storage to the use of cloud storage for the safe keeping of crucial patient and corporate data related to various procedures, operations, and services. In the near future, it is projected that the growing use of hybrid cloud in the healthcare sector will be a significant driver increasing the next-generation data storage market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global next-generation data storage market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Dell Technologies, Inc
Dell Technologies, Inc, founded in 1984 and headquartered in Texas in the United States, is a multinational technology company that manufactures a wide range of consumer and business electronics. The company’s product line includes desktop and laptop computers, televisions, servers, smartphones, business software, and services for network and information security.
Hewlett Packard Enterprise Company
Hewlett Packard Enterprise Company was established in 1939, with its corporate headquarters in California, United States. A global information technology company, it offers software as a service (SaaS), cloud computing solutions, and software services like consulting, training, professional services, and support.
Fujitsu Limited
Fujitsu Limited, founded in 1935 and headquartered in Tokyo, Japan is a market leader in IT services, solutions, and technology. The company has years of experience in developing IT systems, services, and digital solutions for both public and private sector clients, including those in the retail, healthcare, financial services, and automotive industries.
Other market players include NetApp, Inc, Huawei Technologies Co., Ltd, Samsung Electronics Co., Ltd., Pure Storage, Inc., Hitachi, Ltd., IBM Corporation, Netgear Inc., and Micron Technology, Inc, among others.
Key Trends in the Market
Next-generation data storage refers to products and advanced data storage solutions that can handle huge amounts of unstructured data and expanding file sizes. These technologically-advanced products help with quick recovery and dependable data management in a cost-effective way while managing massive amounts of data securely.
- A rise in the usage of cloud computing as a result of the major increase in IoT penetration around the globe in sectors like manufacturing, retail, and healthcare are the key next-generation data storage market trends fuelling the market growth.
- The digitisation of information across numerous industries, aided by a rise in consumer volume, global expansion, and surging data generation is having a positive impact on the next-generation data storage market growth.
- Introduction of consumer electronics with faster processing rates will likely raise the demand for advanced data storing options like solid-state drives and the cloud among direct consumers, aiding the market for next-generation data storage over the coming years.
The EMR’s report titled “Next-Generation Data Storage Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Storage System
- Direct-Attached Storage (DAS)
- Network-Attached Storage (NAS)
- Storage Area Network (SAN)
- Hard Disk Drive (HDD)
- Solid State Drive (SSD)
- Tape
- File and Object Based Storage
- Block Storage
- On-Premises
- Cloud
- Hybrid
- BFSI
- Retail
- IT and Telecom
- Healthcare
- Media and Entertainment
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
By storage system, direct-attached storage (DAS) is expected to witness significant growth in the next-generation data storage global market. The simple and basic architecture of DAS enable support numerous information accessibility capabilities. DAS technology is also suited for small and medium-sized organisations due to its inexpensive cost. Over the forecast period, the DAS segment is likely to be driven by the growing number of small and medium-sized businesses in emerging economies.
Global Next-Generation Data Storage Market Share by End-User
Healthcare segment is anticipated to be one of the leading end-users of next-generation data storage throughout the forecast period, fuelled by the exponential increase in data generated with increasing digitalisation and rising patient volumes. Data storage in the healthcare sector has seen a paradigm shift in recent years, moving from traditional digital data storage to the use of cloud storage for the safe keeping of crucial patient and corporate data related to various procedures, operations, and services. In the near future, it is projected that the growing use of hybrid cloud in the healthcare sector will be a significant driver increasing the next-generation data storage market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global next-generation data storage market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Dell Technologies, Inc
Dell Technologies, Inc, founded in 1984 and headquartered in Texas in the United States, is a multinational technology company that manufactures a wide range of consumer and business electronics. The company’s product line includes desktop and laptop computers, televisions, servers, smartphones, business software, and services for network and information security.
Hewlett Packard Enterprise Company
Hewlett Packard Enterprise Company was established in 1939, with its corporate headquarters in California, United States. A global information technology company, it offers software as a service (SaaS), cloud computing solutions, and software services like consulting, training, professional services, and support.
Fujitsu Limited
Fujitsu Limited, founded in 1935 and headquartered in Tokyo, Japan is a market leader in IT services, solutions, and technology. The company has years of experience in developing IT systems, services, and digital solutions for both public and private sector clients, including those in the retail, healthcare, financial services, and automotive industries.
Other market players include NetApp, Inc, Huawei Technologies Co., Ltd, Samsung Electronics Co., Ltd., Pure Storage, Inc., Hitachi, Ltd., IBM Corporation, Netgear Inc., and Micron Technology, Inc, among others.
Table of Contents
168 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Next-Generation Data Storage Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Next-Generation Data Storage Historical Market (2018-2024)
- 5.3 Global Next-Generation Data Storage Market Forecast (2025-2034)
- 5.4 Global Next-Generation Data Storage Market by Storage System
- 5.4.1 Direct-Attached Storage (DAS)
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Network-Attached Storage (NAS)
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Storage Area Network (SAN)
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.5 Global Next-Generation Data Storage Market by Storage Medium
- 5.5.1 Hard Disk Drive (HDD)
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Solid State Drive (SSD)
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Tape
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.6 Global Next-Generation Data Storage Market by Storage Architecture
- 5.6.1 File and Object Based Storage
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Block Storage
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.7 Global Next-Generation Data Storage Market by Deployment Type
- 5.7.1 On-Premises
- 5.7.1.1 Historical Trend (2018-2024)
- 5.7.1.2 Forecast Trend (2025-2034)
- 5.7.2 Cloud
- 5.7.2.1 Historical Trend (2018-2024)
- 5.7.2.2 Forecast Trend (2025-2034)
- 5.7.3 Hybrid
- 5.7.3.1 Historical Trend (2018-2024)
- 5.7.3.2 Forecast Trend (2025-2034)
- 5.8 Global Next-Generation Data Storage Market by End-User
- 5.8.1 BFSI
- 5.8.1.1 Historical Trend (2018-2024)
- 5.8.1.2 Forecast Trend (2025-2034)
- 5.8.2 Retail
- 5.8.2.1 Historical Trend (2018-2024)
- 5.8.2.2 Forecast Trend (2025-2034)
- 5.8.3 IT and Telecom
- 5.8.3.1 Historical Trend (2018-2024)
- 5.8.3.2 Forecast Trend (2025-2034)
- 5.8.4 Healthcare
- 5.8.4.1 Historical Trend (2018-2024)
- 5.8.4.2 Forecast Trend (2025-2034)
- 5.8.5 Media and Entertainment
- 5.8.5.1 Historical Trend (2018-2024)
- 5.8.5.2 Forecast Trend (2025-2034)
- 5.8.6 Others
- 5.9 Global Next-Generation Data Storage Market by Region
- 5.9.1 North America
- 5.9.1.1 Historical Trend (2018-2024)
- 5.9.1.2 Forecast Trend (2025-2034)
- 5.9.2 Europe
- 5.9.2.1 Historical Trend (2018-2024)
- 5.9.2.2 Forecast Trend (2025-2034)
- 5.9.3 Asia Pacific
- 5.9.3.1 Historical Trend (2018-2024)
- 5.9.3.2 Forecast Trend (2025-2034)
- 5.9.4 Latin America
- 5.9.4.1 Historical Trend (2018-2024)
- 5.9.4.2 Forecast Trend (2025-2034)
- 5.9.5 Middle East and Africa
- 5.9.5.1 Historical Trend (2018-2024)
- 5.9.5.2 Forecast Trend (2025-2034)
- 6 North America Next-Generation Data Storage Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Next-Generation Data Storage Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Next-Generation Data Storage Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Next-Generation Data Storage Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Next-Generation Data Storage Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Dell Technologies, Inc
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Hewlett Packard Enterprise Company
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 NetApp, Inc
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Huawei Technologies Co., Ltd
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Samsung Electronics Co., Ltd.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Pure Storage, Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Hitachi, Ltd.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Fujitsu Limited
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 IBM Corporation
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Netgear Inc.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Micron Technology, Inc
- 12.5.11.1 Company Overview
- 12.5.11.2 Product Portfolio
- 12.5.11.3 Demographic Reach and Achievements
- 12.5.11.4 Certifications
- 12.5.12 Others
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