
North America Next Generation Data Storage Market Forecast to 2030 - Regional Analysis - by Storage System [Direct Attached Storage (DAS), Network Attached Storage (NAS), and Storage Area Network (SAN)], End user (BFSI, Retail, IT and Telecom, Healthcare,
Description
North America Next Generation Data Storage Market Forecast to 2030 - Regional Analysis - by Storage System [Direct Attached Storage (DAS), Network Attached Storage (NAS), and Storage Area Network (SAN)], End user (BFSI, Retail, IT and Telecom, Healthcare, Media and Entertainment, and Others), Storage Medium (Hard Disk Drive, Solid-State Drive, and Tape), Storage Architecture (File-Object based Storage, and Block Storage), and Deployment (On-premise, Cloud-based, and Hybrid)
The North America next generation data storage market was valued at US$ 21,936.92 million in 2022 and is expected to reach US$ 41,576.63 million by 2030; it is estimated to register a CAGR of 8.3% from 2022 to 2030. Surging Adoption of IoT and Connected Devices Fuel North America Next Generation Data Storage Market The increasing penetration of the Internet of Things (IoT) in industries such as manufacturing, healthcare, and retail is supporting the implementation of cloud computing. IoT is an important aspect of various applications as it can be utilized to simplify remote management and monitor mobile assets. For instance, an organization that leases out powerful inverters can use IoT to manage inventory, track machinery, model its supply chain, bill clients, and more. Additionally, manufacturing is one of the business verticals benefitting majorly from IoT. Floor managers and workers can gain unprecedented insights related to their facilities and equipment by deploying a multitude of sensors. It can also reduce the need for employees to access or inspect equipment physically in potentially hazardous situations. Billions of IoT devices continuously generate sensor data, which is anticipated to create an unprecedented data deluge. Traditional storage solutions won't be enough for pushing demand for scalable, cost-effective next-gen technologies. According to a ZScaler analysis, globally, there will be more than 29 billion connected IoT devices by 2027, up from 16.7 billion in 2023. The manufacturing sector generated the highest IoT device traffic volume, as companies use smart technology to fulfill modern demands for supply chain innovation. Thus, the increasing adoption of IoT-connected devices drives the next-generation data storage market. North America Next Generation Data Storage Market Overview North America has established itself as a prominent player in the next-generation data storage market due to various factors. North America boasts a robust technological infrastructure and is home to several technology giants and innovative startups. The region's strong economy advances investments in research and development, aiding the development of cutting-edge data storage technologies. Additionally, North America has a high focus on data-intensive industries such as e-commerce, healthcare, and finance, generating vast amounts of data that require economical storage solutions. Positive government policies and regulations support the growth of the data storage market in North America. The presence of a tech-savvy population and early adopters of emerging technologies also contributes to the North America next-generation data storage market. The region's significant volume of unstructured data across various industry verticals and the need for secure and cost-effective data storage solutions further fuel the growth prospects of the North America market. Overall, North America holds a substantial market share in the next-generation data storage market, driven by its technological prowess, data-intensive industries, favorable policies, and a population that embraces new technologies. North America Next Generation Data Storage Market Revenue and Forecast to 2030 (US$ Million) North America Next Generation Data Storage Market Segmentation The North America next generation data storage market is categorized into storage system, end user, storage medium, storage architecture, deployment, and country. Based on storage system, the North America next generation data storage market is segmented into direct attached storage (DAS), network attached storage (NAS), and storage area network (SAN). The direct attached storage (DAS) segment held the largest North America next generation data storage market share in 2022. In terms of end user, the North America next generation data storage market is segmented into BFSI, retail, IT and telecom, healthcare, media and entertainment, and others. The BFSI segment held the largest North America next generation data storage market share in 2022. By storage medium, the North America next generation data storage market is divided into hard disk drive, solid-state drive, and tape. The solid-state drive segment held the largest North America next generation data storage market share in 2022. Based on storage architecture, the North America next generation data storage market is bifurcated into file-object based storage and block storage. The file-object based storage segment held a larger North America next generation data storage market share in 2022. By deployment, the North America next generation data storage market is categorized into on-premise, cloud-based, and hybrid. The on-premise segment held the largest North America next generation data storage market share in 2022. By country, the North America next generation data storage market is segmented into the US, Canada, and Mexico. The US dominated the North America next generation data storage market share in 2022. Dell Technologies Inc, Hewlett Packard Enterprise Co, NetApp Inc, Hitachi Ltd, International Business Machines Corp, Pure Storage Inc, DataDirect Networks Inc, Fujitsu Ltd, NETGEAR, and Huawei Technologies Co Ltd are some of the leading companies operating in the North America next generation data storage market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America next generation data storage market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America next generation data storage market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America next generation data storage market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
108 Pages
- 1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Next-Generation Data Storage Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 System Providers:
- 4.3.2 System Integrators
- 4.3.3 End-Users:
- 4.3.4 List of Vendors in the Value Chain
- 5. North America Next-Generation Data Storage Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Surging Adoption of IoT and Connected Devices:
- 5.1.2 Rapid Digitization across Industries
- 5.1.3 Rising 5G Technology
- 5.2 Market Restraints
- 5.2.1 Data Security Concerns
- 5.3 Market Opportunities
- 5.3.1 Increasing Use of SSD
- 5.3.2 Growing Demand for Hybrid Storage
- 5.4 Future Trends
- 5.4.1 DAS to Witness Significant Growth
- 5.5 Impact of Drivers and Restraints:
- 6. Next-Generation Data Storage Market - North America Market Analysis
- 6.1 North America Next-Generation Data Storage Market Revenue (US$ Million), 2020-2030
- 6.2 North America Next-Generation Data Storage Market Forecast Analysis
- 7. North America Next-Generation Data Storage Market Analysis - by Storage System
- 7.1 Direct Attached Storage (DAS)
- 7.1.1 Overview
- 7.1.2 Direct Attached Storage (DAS): North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2 Network Attached Storage (NAS)
- 7.2.1 Overview
- 7.2.2 Network Attached Storage (NAS): North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 7.3 Storage Area Network (SAN)
- 7.3.1 Overview
- 7.3.2 Storage Area Network (SAN): North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 8. North America Next-Generation Data Storage Market Analysis - by End user
- 8.1 BFSI
- 8.1.1 Overview
- 8.1.2 BFSI: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 8.2 Retail
- 8.2.1 Overview
- 8.2.2 Retail: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 8.3 IT and Telecom
- 8.3.1 Overview
- 8.3.2 IT and Telecom: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 Healthcare
- 8.4.1 Overview
- 8.4.2 Healthcare: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 8.5 Media and Entertainment
- 8.5.1 Overview
- 8.5.2 Media and Entertainment: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 9. North America Next-Generation Data Storage Market Analysis - by Storage Medium
- 9.1 Hard Disk Drive
- 9.1.1 Overview
- 9.1.2 Hard Disk Drive: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2 Solid-State Drive
- 9.2.1 Overview
- 9.2.2 Solid-State Drive: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3 Tape
- 9.3.1 Overview
- 9.3.2 Tape: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 10. North America Next-Generation Data Storage Market Analysis - by Storage Architecture
- 10.1 File-Object based Storage
- 10.1.1 Overview
- 10.1.2 File-Object based Storage: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 10.2 Block Storage
- 10.2.1 Overview
- 10.2.2 Block Storage: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 11. North America Next-Generation Data Storage Market Analysis - by Deployment
- 11.1 On-premise
- 11.1.1 Overview
- 11.1.2 On-premise: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 11.2 Cloud-based
- 11.2.1 Overview
- 11.2.2 Cloud-based: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 11.3 Hybrid
- 11.3.1 Overview
- 11.3.2 Hybrid: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 12. North America Next-Generation Data Storage Market - Country Analysis
- 12.1 North America Market Overview
- 12.1.1 North America: Next-Generation Data Storage Market - Revenue and Forecast Analysis - by Country
- 12.1.1.1 North America: Next-Generation Data Storage Market - Revenue and Forecast Analysis - by Country
- 12.1.1.2 United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 12.1.1.2.1 United States: Next-Generation Data Storage Market Breakdown, by Storage System
- 12.1.1.2.2 United States: Next-Generation Data Storage Market Breakdown, by End user
- 12.1.1.2.3 United States: Next-Generation Data Storage Market Breakdown, by Storage Medium
- 12.1.1.2.4 United States: Next-Generation Data Storage Market Breakdown, by Storage Architecture
- 12.1.1.2.5 United States: Next-Generation Data Storage Market Breakdown, by Deployment
- 12.1.1.3 Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 12.1.1.3.1 Canada: Next-Generation Data Storage Market Breakdown, by Storage System
- 12.1.1.3.2 Canada: Next-Generation Data Storage Market Breakdown, by End user
- 12.1.1.3.3 Canada: Next-Generation Data Storage Market Breakdown, by Storage Medium
- 12.1.1.3.4 Canada: Next-Generation Data Storage Market Breakdown, by Storage Architecture
- 12.1.1.3.5 Canada: Next-Generation Data Storage Market Breakdown, by Deployment
- 12.1.1.4 Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- 12.1.1.4.1 Mexico: Next-Generation Data Storage Market Breakdown, by Storage System
- 12.1.1.4.2 Mexico: Next-Generation Data Storage Market Breakdown, by End user
- 12.1.1.4.3 Mexico: Next-Generation Data Storage Market Breakdown, by Storage Medium
- 12.1.1.4.4 Mexico: Next-Generation Data Storage Market Breakdown, by Storage Architecture
- 12.1.1.4.5 Mexico: Next-Generation Data Storage Market Breakdown, by Deployment
- 13. Competitive Landscape
- 13.1 Heat Map Analysis by Key Players
- 13.2 Company Positioning & Concentration
- 14. Industry Landscape
- 14.1 OverviewS
- 14.2 Market Initiative
- 14.3 New Product Development
- 15. Company Profiles
- 15.1 Dell Technologies Inc
- 15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Products and Services
- 15.1.4 Financial Overview
- 15.1.5 SWOT Analysis
- 15.1.6 Key Developments
- 15.2 Hewlett Packard Enterprise Co
- 15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Products and Services
- 15.2.4 Financial Overview
- 15.2.5 SWOT Analysis
- 15.2.6 Key Developments
- 15.3 NetApp Inc
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Products and Services
- 15.3.4 Financial Overview
- 15.3.5 SWOT Analysis
- 15.3.6 Key Developments
- 15.4 Hitachi Ltd
- 15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Products and Services
- 15.4.4 Financial Overview
- 15.4.5 SWOT Analysis
- 15.4.6 Key Developments
- 15.5 International Business Machines Corp
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Products and Services
- 15.5.4 Financial Overview
- 15.5.5 SWOT Analysis
- 15.5.6 Key Developments
- 15.6 Pure Storage Inc
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Products and Services
- 15.6.4 Financial Overview
- 15.6.5 SWOT Analysis
- 15.6.6 Key Developments
- 15.7 DataDirect Networks Inc
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Products and Services
- 15.7.4 Financial Overview
- 15.7.5 SWOT Analysis
- 15.7.6 Key Developments
- 15.8 Fujitsu Ltd
- 15.8.1 Key Facts
- 15.8.2 Business Description
- 15.8.3 Products and Services
- 15.8.4 Financial Overview
- 15.8.5 SWOT Analysis
- 15.8.6 Key Developments
- 15.9 NETGEAR
- 15.9.1 Key Facts
- 15.9.2 Business Description
- 15.9.3 Products and Services
- 15.9.4 Financial Overview
- 15.9.5 SWOT Analysis
- 15.9.6 Key Developments
- 15.10 Huawei Technologies Co Ltd
- 15.10.1 Key Facts
- 15.10.2 Business Description
- 15.10.3 Products and Services
- 15.10.4 Financial Overview
- 15.10.5 SWOT Analysis
- 15.10.6 Key Developments
- 16. Appendix
- 16.1 About The Insight Partners
- LIST OF TABLES
- Table 1. North America Next-Generation Data Storage Market segmentation
- Table 2. List of Vendors
- Table 3. North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Table 4. North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Storage System
- Table 5. North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by End user
- Table 6. North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Storage Medium
- Table 7. North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Storage Architecture
- Table 8. North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Deployment
- Table 9. North America: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Country
- Table 10. United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
- Table 11. United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
- Table 12. United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
- Table 13. United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
- Table 14. United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
- Table 15. Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
- Table 16. Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
- Table 17. Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
- Table 18. Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
- Table 19. Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
- Table 20. Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
- Table 21. Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
- Table 22. Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
- Table 23. Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
- Table 24. Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
- Table 25. Heat Map Analysis by Key Players
- LIST OF FIGURES
- Figure 1. North America Next-Generation Data Storage Market Segmentation, by Country
- Figure 2. PEST Analysis
- Figure 3. Ecosystem Analysis
- Figure 4. North America Next-Generation Data Storage Market - Key Market Dynamics
- Figure 5. Impact Analysis of Drivers and Restraints
- Figure 6. North America Next-Generation Data Storage Market Revenue (US$ Million), 2020-2030
- Figure 7. North America Next-Generation Data Storage Market Share (%) - by Storage System (2022 and 2030)
- Figure 8. Direct Attached Storage (DAS): North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 9. Network Attached Storage (NAS): North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 10. Storage Area Network (SAN): North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 11. North America Next-Generation Data Storage Market Share (%) - by End user (2022 and 2030)
- Figure 12. BFSI: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 13. Retail: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 14. IT and Telecom: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 15. Healthcare: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 16. Media and Entertainment: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 17. Others: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 18. North America Next-Generation Data Storage Market Share (%) - by Storage Medium (2022 and 2030)
- Figure 19. Hard Disk Drive: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 20. Solid-State Drive: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 21. Tape: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 22. North America Next-Generation Data Storage Market Share (%) - by Storage Architecture (2022 and 2030)
- Figure 23. File-Object based Storage: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 24. Block Storage: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 25. North America Next-Generation Data Storage Market Share (%) - by Deployment (2022 and 2030)
- Figure 26. On-premise: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 27. Cloud-based: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 28. Hybrid: North America Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 29. North America: Next-Generation Data Storage Market Revenue, by Key Countries, (2022) (US$ Mn)
- Figure 30. North America: Next-Generation Data Storage Market Breakdown, by Key Countries, 2022 and 2030 (%)
- Figure 31. United States: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
- Figure 32. Canada: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
- Figure 33. Mexico: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
- Figure 34. Company Positioning & Concentration
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.