Data Storage Market Future Prospects, Growth And Outlook (2020-2026) | Fortune Business Insights™

 The global data storage market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Data Storage Market Size, Share & Industry Analysis, By Storage Medium (Hard Disk Drive, Solid State Drive, Network Attached Storage, Cloud Storage), By Industry (BFSI, IT & Telecom, Government, Healthcare, Retail, Manufacturing, Media & Entertainment, Education, Others) and Regional Forecast, 2020-2027". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other data storage market trends. The report is available for sale on the company website.

Some of the key competitors in the data storage market include

  • Dell, Inc.
  • IBM Corporation
  • Microsoft Corporation
  • com, Inc.
  • Nutanix, Inc.
  • HP Enterprise
  • Toshiba Corporation
  • Samsung Group
  • Netapp, Inc.
  • Quantum Corporation, etc.

Regional Analysis

Geographically, the data storage market can be segmented into five regions, North America, Europe, Asia Pacific, Middle East, and Africa and Latin America. Among them, Asia Pacific will be expected to showcase the highest growth rate as most developing countries in the region are directing to digitalization. The rising adoption of smartphones, tablets, and smart devices in the region are demanding the cloud-based storage platforms. Further, the growing acceptance of cloud and mobile solutions in developing countries like Singapore, Malaysia, and India are expected to increase the demand for the cloud-based infrastructure of the data store.

The presence of a large number of technologically developed enterprises within the regions is representing major adoption of data storage products in North America and Europe. Further, technologically developed countries are showcasing larger adoption of highly capacitive storage infrastructure with growing IoT and big data analytics. The presence of a large number of start-up firms in the Middle East and Africa is expected to represent the moderate growth rate in the upcoming years as the region is slower in the adoption of advanced technologies.

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Regional Analysis for Data Storage Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Contents for Data Storage Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Data Storage Market Insights
  5. Global Market Analysis, Insights and Forecast, 2015-2026
  6. North America Market Analysis, Insights and Forecast, 2015-2026
  7. Europe Market Analysis, Insights and Forecast, 2015-2026
  8. Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
  9. The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
  10. Latin America Market Analysis, Insights and Forecast, 2015-2026
  11. Competitive Landscape
  12. Global Data Storage Market Revenue Share Analysis, By Key Players, 2020
  13. Company Profiles
  14. Conclusion

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Data visualization market size stood at USD 8.85 billion in 2019 and is projected to reach USD 19.20 billion by 2027.

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