The global data storage market size was valued at USD 217.02 billion in 2022 and is projected to grow from USD 247.32 billion in 2023 to USD 777.98 billion by 2030, exhibiting a CAGR of 17.8% during the forecast period. Pune, India, Dec. 11, 2023 (GLOBE NEWSWIRE) -- The global Data Storage Market size was valued at USD 217.02 billion in 2022 and is projected to reach USD 777.98 billion by 2030, exhibiting a.
Cloud Storage Market Global Trends, Size, Share & Analysis 2019 2027
Nov 16, 2023 Amazon S3 led the global enterprise data storage software industry in 2023 with a market share of 24.61 percent, followed by Pure and NetApp, which accounted for 13.11 and 6.24. Data storage refers to the recording or storing of information and data in an electromagnetic, optical, or silicon-based storage medium. Data is often stored in a digital, machine-readable medium, and is called digital data. The prevalent forms of data storage are file storage, object storage, and block storage. Data storage units market revenue worldwide 2021 42.54bn USD Detailed statistics Revenue of the storage units industry worldwide 2018-2028 Data center systems spending worldwide 2022 227bn. The global cloud storage market size was valued at USD 90.17 billion in 2022 and is projected to grow from USD 108.69 billion in 2023 to USD 472.47 billion by 2030, exhibiting a CAGR of 23.4% during the forecast period.
Data Storage Market 2020 REGIONAL ANALYSIS AND FORECAST 2025 Report Analysis 20212027
The data storage market is segmented based on storage type, industry vertical, and region. Based on storage type, it is bifurcated into consumer storage and enterprise storage. The consumer storage segment is further bifurcated into optical disk, memory card, USB flash drives, solid state devices, and hard disk drive (HDD). Technique Insights The Direct-Attached Storage (DAS) segment dominated the market for next-generation data storage in 2018, capturing more than 38% of the overall market share. The basic and simple architecture of DAS enables a variety of information accessibility features. The Next-Generation Data Storage market size is projected to grow from USD 60.7 billion in 2023 to reach USD 86.2 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2023 to 2028. The enterprise data storage market size is estimated to grow at a CAGR of 4.46% between 2022 and 2027. The market size is forecast to increase by USD 11.35 billion. The growth of the market depends on several factors, including the increased adoption of cloud applications, the growing demand for IoT and big data operations and the high adoption.
Data storage market overview State of the market in 2014 Tech Expectations
The Data Storage Market size was valued at USD 212.01 billion in 2022 and is expected to grow to USD 791.52 billion by 2030 and grow at a CAGR of 17.9 % over the forecast period of 2023-2030. Users and organizations may communicate, retrieve, and alter a company's operational data effectively and flexibly thanks to data storage systems. Data Storage Market Overview. The market for Data Storage is forecast to reach $4.2 billion by 2026, growing at a CAGR of 32.3% from 2021 to 2026 due to the rapid increase in consumer and machine data developments. The market will be driven by increasing need for smartphones, Laptops, PCs and online storage software in small and large enterprises.
Companies Profiled in Data Storage Market are Dell, Inc., IBM Corporation, Microsoft Corporation, Amazon.com, Inc., Nutanix, Inc., HP Enterprise, Toshiba Corporation. Data Center Storage Market spikes at a CAGR of 11.49% & reach USD 118.90 million by 2030. It categorized as deployment and application.
Data Storage Market Size, Share, Trends Growth [20232030]
Data Storage Market is valued at USD 61.20 Billion in 2021 and is expected to reach USD 126.07 Billion by 2028 with a CAGR of 12.80% over the forecast period. Pune, India, Dec. 11, 2023 (GLOBE NEWSWIRE) -- The global Data Storage Market size was valued at USD 217.02 billion in 2022 and is projected to reach USD 777.98 billion by 2030, exhibiting a.
