Data Center Storage

Global Data Center Storage Market to Reach US$354.0 Billion by 2030

The global market for Data Center Storage estimated at US$146.5 Billion in the year 2024, is expected to reach US$354.0 Billion by 2030, growing at a CAGR of 15.8% over the analysis period 2024-2030. SAN (Storage Area Network) System, one of the segments analyzed in the report, is expected to record a 17.2% CAGR and reach US$224.2 Billion by the end of the analysis period. Growth in the NAS (Network Attached Storage) System segment is estimated at 14.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$39.3 Billion While China is Forecast to Grow at 23.1% CAGR

The Data Center Storage market in the U.S. is estimated at US$39.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$90.2 Billion by the year 2030 trailing a CAGR of 23.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 11.6% and 13.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.

Global Data Center Storage Market - Key Trends & Drivers Summarized

Why Is Data Center Storage Becoming Crucial for Businesses?
Data center storage is a fundamental component of modern IT infrastructure, enabling businesses to manage, store, and process vast amounts of data efficiently and securely. As digital transformation accelerates across industries, the need for robust and scalable storage solutions in data centers is becoming increasingly important. Organizations are generating and processing unprecedented volumes of data, driven by trends such as cloud computing, big data analytics, artificial intelligence, and the Internet of Things (IoT). Data center storage solutions provide the necessary capacity, performance, and redundancy to handle these data-intensive workloads, ensuring business continuity, disaster recovery, and regulatory compliance.

How Are Technological Innovations Transforming Data Center Storage?
Technological advancements are revolutionizing data center storage, making it more efficient, flexible, and scalable. Innovations such as software-defined storage (SDS) and hyper-converged infrastructure (HCI) are enabling more efficient use of resources and simplifying storage management. The adoption of non-volatile memory express (NVMe) and NVMe-over-Fabrics (NVMe-oF) technologies is enhancing data transfer speeds and reducing latency, providing faster access to critical data. Additionally, the integration of AI and machine learning is optimizing storage performance and capacity management, reducing downtime and operational costs. Cloud-native storage solutions are also gaining traction, offering greater flexibility and scalability to support hybrid and multi-cloud environments.

What Are The Key Trends And User Demands In The Market?
The data center storage market is shaped by several key trends, including the shift towards cloud-based and hybrid storage solutions, the increasing adoption of all-flash storage arrays, and the growing emphasis on data security and compliance. End-users are demanding storage solutions that offer high performance, scalability, and flexibility to support diverse workloads and applications. The trend towards software-defined storage and hyper-converged infrastructure is also driving demand, as organizations seek to simplify storage management and reduce costs. Furthermore, the need for faster data access and real-time analytics is pushing demand for NVMe and other high-performance storage technologies.

What Factors Are Driving The Growth Of The Data Center Storage Market?
The growth in the data center storage market is driven by several factors, including the increasing volume of data generated by businesses, the shift towards cloud and hybrid IT environments, and the need for scalable and high-performance storage solutions. Technological advancements, such as NVMe, software-defined storage, and hyper-converged infrastructure, are enhancing the capabilities and efficiency of data center storage. The rise of big data analytics, artificial intelligence, and IoT applications is also contributing to market expansion, as these technologies require robust and scalable storage to manage large datasets. Additionally, the growing focus on data security and regulatory compliance is driving demand for secure and reliable storage solutions in data centers.

SCOPE OF STUDY:

The report analyzes the Data Center Storage market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (SAN (Storage Area Network) System, NAS (Network Attached Storage) System, DAS (Direct Attached Storage) System)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 51 Featured) -

• DataDirect Networks, Inc.
• Dell Technologies, Inc.
• Egenera, Inc.
• Equinix, Inc.
• Huawei Technologies Co., Ltd.
• Inspur Technologies Co., Ltd.
• Lenovo Group Ltd.
• NEC Corporation
• NetApp, Inc.
• Nimbus Data

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.