Enterprise Storage Market
Enterprise Storage Market Size, Share & Trends Analysis Report by Storage System (Direct Attached Storage, Storage Area Network, Network Attached Storage, and Mixed/Hybrid Storage Environment), and by Industry Verticals (BFSI, Healthcare and Life Sciences, Telecommunications and IT, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, and Others) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Enterprise storage market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The growth of the market is attributed to factors such as increasing data generation, rising demand for data storage and management solutions, and the adoption of cloud-based storage systems. Further, the need for efficient and scalable storage solutions to support various industry verticals is anticipated to fuel the demand for Enterprise Storage. For instance, in the BFSI sector, the growing adoption of digital banking and financial services drives the demand for secure and high-capacity storage systems. For instance, in March 2022, HPE-Intel technology was used in the BFSI sector to provide long-term, cost-effective solutions that help financial institutions stay relevant in the digital-native world. HPE 3PAR StoreServ 7000 Storage and HPE 3PAR StoreServ 8000 Storage are some of the storage solutions offered by HPE that are ideal for organizations with growing data and performance needs.
Segmental Outlook
The global enterprise storage market is segmented based on its storage system and industry verticals. Based on the storage system, the market is sub-segmented into direct attached storage, storage area network, network attached storage, and mixed/hybrid storage environment. By industry verticals, the enterprise storage market is segmented into BFSI, healthcare and life sciences, telecommunications and IT, government and public sector, manufacturing, consumer goods, and retail, media and entertainment, and others. Among the storage system, the network attached storagesub-segment is anticipated to hold a prominent market share of the global enterprise storage market. The increasing demand for centralized storage systems and the ability to easily share files across networks to drive the adoption of network attached storage solutions in various industries.
The Telecommunications and IT Sub-Segment to Hold a Prominent Growth inthe Global Enterprise Storage Market
The telecommunications and IT sub-segment is expected to holda prominent growth during the forecast period. The increasing use of telecomand IT software and services has generated a massive amount of data, which has led to the growth of the data storage market. Companies are focusing on data security, speed, reliability, portability, and better programmability to meet the growing demand for data storage. For instance,in July 2022, Dell Technologies launched software-driven modern storage solutions across its storage portfolio to drive increased intelligence, automation, security, and multi-cloud flexibility. These modern storage innovations include PowerStore, PowerMax, PowerFlex, PowerProtect, CloudIQ, PowerScale, Unity XT, and VxRai. The software-driven storage innovations are designed to bolster cyber resilience and advance IT efficiency.
Regional Outlooks
The global enterprise storage market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, North America is anticipated to cater to a prominent growth over the forecast period, owing to the presence of a huge number of cloud storage solution providers such as IBM, Microsoft Azure, and others.
Global Enterprise Storage Market Growth, by Region 2023-2030
The Asia-Pacific Region is Anticipated to Hold a Significant Share in the Enterprise Storage Market During the Forecast Period
The Asia-Pacific region is anticipated to hold a significant share of the Enterprise Storage market during the forecast period. The growth in the region can be attributed to factors such as increasing adoption of cloud-based storage solutions, rapid digitization, and the presence of major technology companies in countries like India and China.Rapid digitalization and industrialization have led various companies to collaborate with data storage companies in India and China. The need for data and digitalized knowledge as a strategic production factor has driven various companies to collaborate with data storage companies in India and China. For instance,in February 2023, IQVIA partnered with Alibaba Cloud to provide commercial and clinical data storage to drug makers working in China.The aim of the partnership will allow IQVIA to leverage its deep experience in developing life science technologies to provide customers with rich clinical to commercial products locally hosted on Alibaba’s industry-leading public cloud in China. The dealalso helps biopharmaceutical firms, which are running clinical trials or selling products in China, to meet regulators’ data requirements.
Market Players Outlook
The major companies serving the global enterprise storage market include Dell Technologies, Inc., Hewlett Packard Enterprise Co., Intel Corp., Lenovo, Microsoft, and others. These market players are considerably contributing to the market growth by adopting various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. They are focusing on delivering innovative and scalable storage solutions to meet the evolving needs of enterprises in managing and storing their data effectively. For instance, in March 2023, Lenovo introduced new enterprise storage solutions that can be adapted to a variety of applications and virtual environments. These storage solutions are easy to manage, scalable, and ensure data protection and security.Lenovo's storage solutions also include a hybrid system that can accelerate performance, boost input/output operations per second (IOPS), and increase density, making it perfectly suited for modern enterprise applications.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global enterprise storage market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Dell Technologies, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.2.5. Hewlett Packard Enterprise Co.Overview
3.2.6. Financial Analysis
3.2.7. SWOT Analysis
3.2.8. Recent Developments
3.3. Intel Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Lenovo
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Microsoft
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Enterprise Storage Market by Storage system
4.1.1. Direct Attached Storage
4.1.2. Storage Area Network
4.1.3. Network Attached Storage
4.1.4. Mixed/ Hybrid Storage Environment
4.2. Global Enterprise StorageMarket by Industry Verticals
4.2.1. BFSI
4.2.2. Healthcare and Life Sciences
4.2.3. Telecommunications and IT
4.2.4. Government and Public Sector
4.2.5. Manufacturing
4.2.6. Consumer Goods and Retail
4.2.7. Media and Entertainment
4.2.8. Others (Travel, Hospitality, and Education)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Cohesity Inc.
6.2. Data Direct Networks
6.3. EMC Corp.
6.4. Furukawa Group
6.5. Hitachi Vantara
6.6. Huawei Investment & Holding Co., Ltd.
6.7. IBM Corp.
6.8. Infinidat, Inc.
6.9. International Business Machines Corp.
6.10. NEC Corp.
6.11. NetApp, Inc.
6.12. Oracle Corp
6.13. Pure Storage Inc.
6.14. Quantum Corp.
6.15. Samsung Group
6.16. Scality
6.17. Seagate Technology Holdings plc
6.18. StorCentric Inc.
6.19. Toshiba Corp.
6.20. Western Digital Technologies, Inc.
6.21. Zoolz
1. GLOBALENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY STORAGE SYSTEM, 2022-2030 ($ MILLION)
2. GLOBALDIRECT ATTACHED STORAG FOR ENTERPRISE STORAGE EMARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL STORAGE AREA NETWORK FOR ENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL NETWORK ATTACHED STORAGE FOR ENTERPRISE STORAGE NETWORK ATTACHED STORAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL MIXED/ HYBRID STORAGE ENVIRONMENT FOR ENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBALENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICALS, 2022-2030 ($ MILLION)
7. GLOBALENTERPRISE STORAGE FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBALENTERPRISE STORAGE FOR HEALTHCARE AND LIFE SCIENCES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBALENTERPRISE STORAGE FOR TELECOMMUNICATIONS AND IT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBALENTERPRISE STORAGE FOR GOVERNMENT AND PUBLIC SECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBALENTERPRISE STORAGE FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBALENTERPRISE STORAGE FOR CONSUMER GOODS AND RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBALENTERPRISE STORAGE FOR MEDIA AND ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBALENTERPRISE STORAGE FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBALENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. NORTH AMERICANENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
17. NORTH AMERICANENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY STORAGE SYSTEM, 2022-2030 ($ MILLION)
18. NORTH AMERICANENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICALS, 2022-2030 ($ MILLION)
19. EUROPEANENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
20. EUROPEANENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY STORAGE SYSTEM, 2022-2030 ($ MILLION)
21. EUROPEANENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICALS, 2022-2030 ($ MILLION)
22. ASIA-PACIFICENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. ASIA-PACIFICENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY STORAGE SYSTEM, 2022-2030 ($ MILLION)
24. ASIA-PACIFICENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICALS, 2022-2030 ($ MILLION)
25. REST OF THE WORLDENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. REST OF THE WORLDENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY STORAGE SYSTEM, 2022-2030 ($ MILLION)
27. REST OF THE WORLDENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICALS, 2022-2030 ($ MILLION)
1. GLOBALENTERPRISE STORAGE MARKET SHARE BY STORAGE SYSTEM, 2022 VS 2030 (%)
2. GLOBAL DIRECT ATTACHED STORAGE FOR ENTERPRISE STORAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL STORAGE AREA NETWORK FOR ENTERPRISE STORAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL NETWORK ATTACHED STORAGE FOR ENTERPRISE STORAGE BY MARKET SHARE REGION, 2022 VS 2030 (%)
5. GLOBAL MIXED/ HYBRID STORAGE ENVIRONMENT FOR ENTERPRISE STORAGE MARKET SHARE REGION, 2022 VS 2030 (%)
6. GLOBALENTERPRISE STORAGE MARKET SHARE BY INDUSTRY VERTICALS, 2022 VS 2030 (%)
7. GLOBAL ENTERPRISE STORAGE FOR BFSI MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL ENTERPRISE STORAGE FOR HEALTHCARE AND LIFE SCIENCES MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL ENTERPRISE STORAGE FOR TELECOMMUNICATIONS AND IT MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL ENTERPRISE STORAGE FOR GOVERNMENT AND PUBLIC SECTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL ENTERPRISE STORAGE FOR MANUFACTURING MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL ENTERPRISE STORAGE FOR CONSUMER GOODS AND RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL ENTERPRISE STORAGE FOR MEDIA AND ENTERTAINMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL ENTERPRISE STORAGE FOR OTHERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBALENTERPRISE STORAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. USENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
17. CANADAENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
18. UKENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
19. FRANCEENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
20. GERMANYENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
21. ITALYENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
22. SPAINENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
23. REST OF EUROPEENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
24. INDIAENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
25. CHINAENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
26. JAPANENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
27. SOUTH KOREAENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF ASIA-PACIFICENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF THE WORLDENTERPRISE STORAGE MARKET SIZE, 2022-2030 ($ MILLION)
