Global Enterprise Storage Market 2015-2019
About Enterprise Storage
Enterprise storage is a repository where business information is stored for a period of time depending upon the business needs. Enterprise users can fetch these data and share them among one another through interconnected networks or online. Enterprise storage comprises SSD and HDD devices that are commonly used in SAN, NAS, and DAS systems environment. Data that are stored can also be used in case of any failure as a disaster recovery solution. Compared to traditional storage, enterprise storage is highly reliable, fault-tolerant, and scalable storage option, which is mostly suitable for enterprises handling huge amount of data.
TechNavio's analysts forecast the Global Enterprise Storage market to grow at a CAGR of 15 percent over the period 2015-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Global Enterprise Storage market for the period 2015-2019. The Global Enterprise Storage market can be classified into the following segments based on storage systems: SAN, NAS, DAS, and Others.
TechNavio's report, Global Enterprise Storage Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Enterprise Storage market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global Enterprise Storage Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Enterprise Storage Market: Dell Inc., EMC² Corp., Hewlett-Packard (HP) Company, International Business Machines (IBM) Corp. and NetApp Inc.
Other Prominent Vendors in the market are: Fujitsu, Oracle, Pure Storage, SanDisk and Seagate.
Commenting on the report, an analyst from TechNavio’s team said: “One key trend upcoming in this market is the evolution of big data analytics. Processing unstructured data that are large and complex is not possible through traditional data processing methods. Big data analytics is introduced to solve the mystery over unstructured data.”
According to the report, the Global Enterprise Storage market is predominantly driven by the increased demand for cloud computing services. Many enterprises worldwide have started to shift toward cloud-based solutions to improve their overall business efficiency and reduce costs. Close to 65 percent of enterprises worldwide are using cloud-based services.
Further, the report states that data security is one of the major challenges that the market faces. Structured and unstructured data are increasing rapidly. Enterprises require effective storage mechanisms to store and process the growing data volumes. Vendors are introducing many innovations in the Information Security sector to improve data security for enterprises, which has become a difficult task.
Dell , Emc², Hewlett-Packard, IBM, NetApp, Fujitsu, Oracle, Pure Storage, SanDisk's, Seagate, Western Digital, XIO Technologies
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