NEW YORK, Nov. 30, 2017 /PRNewswire/ —
Worldwide Data Center Storage Market is expected to reach approx. US$ 29 billion till 2021.
Read the full report: https://www.reportlinker.com/p04364914
The report Global Data Center Storage Market – Strategic Assessment and Forecast Till 2021 considers the present scenario and growth aspect of the worldwide data center storage market till the year 2021.
The report provides in-depth analysis of market size and growth of global data center storage market. This market research includes a detailed market segmentation of the worldwide data center market
By Product Type
– SAN (FC SAN, ISCSI SAN)
– North America
– Latin America
– Middle East and Africa (MEA)
– Asia and Pacific Countries (APAC)
The report also provides market share and profiles the key vendors operating in the Worldwide Data Center Storage Market and also provides the detailed competitive landscape of key players.
Data Center Storage Market – Market Size and Dynamics
The growth of data center storage market worldwide is very interesting because, it is not only growing but also witnessing paradigm shift in segment and sub segment. Increasing internet penetration, multiple devices for professional and personnel uses have led to the growth of exponential growth of data. The regulatory requirement to keep data by enterprises for longer period of time led to enhance the size of the data center storage. There are several innovations being carried out by the vendors to address the storage challenges such as security, power consumptions by the devices, processing, scalability, and compatibility among different vendor’s data center equipment.
The analysts at Beige Market Intelligence has analysed a dual demand and supply growth in the data center storage market. The analysts expect the data center storage market to reach almost US$48.6 in 2021 at a CAGR of 14.4%. Most of the growth is expected to come from the SAN followed by the NAS segment. The report also covers a detailed analysis of the market size and growth forecast of SAN and NAS segment.
Data Center Storage Market- Trends, Drivers and Restraints
The most emerging trend in data center is the use of flash storage, also known as SSD storage. the market will experience more adoption of flash and traditional storage systems, where flash is likely to add more revenue in the upcoming years. Both storage systems have their own advantages and disadvantages when it comes to implementation. Vendors in the storage