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Global Storage Services Market 2015-2019

Global Storage Services Market 2015-2019

Global Storage Services Market 2015-2019

Market overview of the global IT storage services market

This research report considers revenues generated through storage services such as storage management, deployment and support, consulting, and system integration. Technavio’s market research analysts predict the global storage services market to grow at a CAGR of nearly 8% over the next four years.

The essential building blocks of storage infrastructure are primary storage, backup, recovery, archiving, and analytics. As per the forecast, the enterprises data segment is likely to witness an exponential increase in data with the growing prevalence of social media, mobility, analytics, cloud, and internet of things. Enterprise CIOs are likely to face a tantamount challenge in terms of accommodating the increasing demand for space in data centers. To address this issue, CIOs are looking for converged storage systems that offer virtualization, resilience, optimization, orchestration and modularity.Market segmentation by services

Storage management

Storage deployment and support

Storage integration

Storage consulting

Storage deployment and support is the second largest segment in the global storage service market accounting for close to 30-35% of the overall share. With growing digital data and business demands, faster deployments of storage system has become essential. The deployment of storage infrastructure in enterprise data center will mainly come from on-demand requirements.Market segmentation of the global IT storage services market by geography

APAC

Americas

EMEA

Although storage management markets in emerging geographies such as APAC and South America are still in their infancy, they are growing at a faster pace. This research study estimates these regions to expand their market shares over the coming four years. A key factor propelling growth in the APAC region is the increasing demand for storage solutions in emerging markets such as China and India.

Top companies in the global storage services IT space

The demand for unified storage management system presents an attractive opportunity for the leading vendors of the global IT storage services market. Enterprises are finding it difficult to manage storage area network (SAN) and network-attached storage (NAS) interfaces as they require multiple tools to manage them. Therefore, enterprises are shifting to unified storage management systems that allow administrators to manage file storage easily and effectively. It significantly reduces hardware requirements by allowing data to be managed through a single device.

EMC

Hitachi Data Systems

HP

IBM Other prominent vendors in this market include Amazon, Aptare, AT&T, Atos, Avid, Avnet, Brocade, CA Technologies, Capgemini, Carbonite, CenturyLink Technologies Solutions, Cisco , Coraid, CSC, Data Dynamics, Datacore, Dell, Fujitsu, InfoFort, Infosys, Iron Mountain, Micron Technology, Mozy, NEC, NetApp, Nirvanix, OASIS Group, Oracle, Pivot3, Pure Storage, Rackspace, Redhat, SanDisk, Seagate, Skipton, SolarWinds, Storage Fusion, SwiftStack, Symantec, TCS, Think Big Analytics, Unisys, Virtual Instruments, Vmware, and Wipro.

Key questions answered in the report

What are the key factors driving the enterprise mobility market?

What are the key market trends impacting the growth of the enterprise mobility market?

What are the various opportunities and threats faced by the vendors in the enterprise mobility market?

Trending factors influencing the market shares for EMEA, APAC, and Americas?

Key outcome of the five forces analysis on the airport passenger screening systems market?

Growth forecast of the enterprise mobility market until 2019?

Technavio also offers customization on reports based on specific client requirement.

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Press Release

Technavio Announces the Publication of its Research Report – Global IT Storage Services Market 2015-2019

Technavio recognizes the following companies as the key players in the Global IT Storage Services Market: EMC, Hitachi Data Systems, HP and IBM

Other Prominent Vendors in the market are: Amazon, Aptare, AT&T, Atos, Avid, Avnet, Brocade, CA Technologies, Capgemini, Carbonite, CenturyLink Technologies Solutions, Cisco , Coraid, CSC, Data Dynamics, Datacore, Dell, Fujitsu, InfoFort, Infosys, Iron Mountain, Micron Technology, Mozy, NEC, NetApp, Nirvanix, OASIS Group, Oracle, Pivot3, Pure Storage, Rackspace, Redhat, SanDisk, Seagate, Skipton, SolarWinds, Storage Fusion, SwiftStack, Symantec, TCS, Think Big Analytics, Unisys, Virtual Instruments, Vmware, and Wipro.

Commenting on the report, an analyst from Technavio’s team said: “Many enterprises are finding it difficult to manage SAN and NAS interfaces as they require multiple tools to manage them. Therefore, they are shifting to unified storage management systems that allow administrators to manage the pools of the block and the file storage easily and effectively. They reduce the hardware requirements and data can be managed through a single device.”

According to the report, due to the emergence of the digital universe, data are being created every second and increasing at a rapid rate globally. This has created an enormous volume of data, especially unstructured data, which cannot be organized into a specified format like databases or spreadsheets. Data coming from social media platforms, audio files, video files, emails, and scientific data are all unstructured. On the other hand, data that can be meshed into standard file formats represent structured data.

Further, the report states that the major challenges for enterprises are managing demand fluctuations and shrinking IT budgets, which is leading businesses to look for low-cost alternatives like cloud storage. Even though security concerns remain in the cloud, it has become a serious threat to on-premise storage. Enterprises are moving toward the cloud because it enables them to improve IT responsiveness, adds scalability and agility, and transforms IT from CAPEX to OPEX.

Companies Mentioned

EMC, Hitachi Data Systems, HP, IBM, Amazon, Aptare, AT&T, Atos, Avid, Avnet, Brocade, CA Technologies, Capgemini, Carbonite, CenturyLink Technologies Solutions, Cisco , Coraid, CSC, Data Dynamics, Datacore, Dell, Fujitsu, InfoFort, Infosys, Iron Mountain, Micron Technology, Mozy, NEC, NetApp, Nirvanix, OASIS Group, Oracle, Pivot3, Pure Storage, Rackspace, Redhat, SanDisk, Seagate, Skipton, SolarWinds, Storage Fusion, SwiftStack, Symantec, TCS, Think Big Analytics, Unisys, Virtual Instruments, Vmware, Wipro.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Solution and service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Global storage market
      • Table Global storage market 2014-2019 ($ billions)
      • Table Global storage hardware market segmentation
      • Table Global storage software market segmentation
      • Table Global storage services market segmentation
    • Global storage services market
      • Table Global storage services market 2014-2019 ($ billions)
    • Types of storage
      • Table On-premise storage versus cloud-based storage costs 2014-2019 ($ millions)
    • Categories of data
      • Table Categories of data
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by services
    • Table Global storage services market by services 2014
    • Storage management services
    • Storage deployment and support services
    • Storage integration services
    • Storage consulting services
  • Geographical segmentation
    • Table Global storage services market by geography 2014
  • Market drivers
    • Table Growth of data 2015-2020 (units in zettabytes)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • Accenture
      • Table Accenture: Business segmentation 2014
      • Table Accenture: Products segment revenue 2013 and 2014 ($ billions)
      • Table Accenture: Financial services segment revenue 2013 and 2014 ($ billions)
      • Table Accenture: Communications, media, and technology segment revenue 2013 and 2014 ($ billions)
      • Table Accenture: Resources and others segment revenue 2013 and 2014 ($ billions)
      • Table Accenture: Health and public services segment revenue 2013 and 2014 ($ billions)
      • Table Accenture: Geographical segmentation by revenue 2014
    • EMC
      • Table EMC: Business segmentation 2014
      • Table EMC: Business segmentation by revenue FY2013 and FY2014 ($ billions)
      • Table EMC: EMC information infrastructure segment revenue FY2013 and FY2014 (billions)
      • Table EMC: Revenue by geographical segmentation FY2013 and FY2014 ($ billions)
    • Hitachi Data Systems
    • HP
      • Table HP: Business segmentation 2014
      • Table HP enterprise group segment revenue 2013 and 2014 ($ billions)
      • Table HP enterprise services segment revenue 2013 and 2014 ($ billions)
    • IBM
      • Table IBM: Business segmentation 2014
      • Table IBM global technology services segment revenue 2013 and 2014 ($ billions)
      • Table IBM global business services segment revenue 2013 and 2014 ($ billions)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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