Next-generation data storage Market 2021 SWOT Analysis, Key Business Strategies, Leading Industry Players, Regional Growth, Demand, Share, Challenges, Opportunities and 2030 Forecast Research Report

In a recent published report, Kenneth Research has updated the market report for Next-generation data storage Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Next-generation data storage Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

The Next generation data storage Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Next Generation Data Storage Market was valued at USD 67.47 Billion in the year 2017. Global Next- Generation Data Storage Market is further estimated to grow at a CAGR of 15% from 2018 to 2025 to reach USD 206.23 Billion. North America region holds the highest Market share in 2017 and the Market is also considered as the fastest growing Market in the forecasted period. At a country level, the U.S. holds the highest Market share in 2017 and it is projected to grow strongly in the coming years.

The major Market Players in Next Generation Data Storage Market are IBM Corporation, VMWARE Inc., Western Digital Technologies Inc., Hitachi Ltd., Dell Inc., Toshiba Corp., Nutanix Inc., Scality Inc., Pure Storage Inc., Tintri Inc. and other 13 companies information is provided in Research Report. Current research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Challenges in Next Generation Data Storage Market
Storage of unwanted and unclean data
Opportunities in Next Generation Data Storage Market
Growing data analytics need

The major shares are expected from Healthcare Sector in Global Next- Generation Data Storage Market with highest CAGR. Because healthcare sector includes real-time patient monitoring.

On the other hand, cloud storage for Next- Generation Data Storage Market is expected to grow at highest CAGR during the year 2018-2025.

Next-Generation Data Storage Market Overview
Next-Generation Data Storage Market Overview By Application

Network-Attached Storage (NAS)
Storage Area Network (SAN)
Software-Defined Storage (SDS)
File- and Object-Based Storage (FOBS)
Direct-Attached Storage
Block Storage
Cloud Storage
Unified Storage

Next-Generation Data Storage Market Overview By Technology
Solid-State Storage
Magnetic Storage

Next-Generation Data Storage Market Overview By Market
Banking, Financial Services, and Insurance (BFSI)
Media & Entertainment
Business & Consulting

Next-Generation Data Storage Market Overview By Region
North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research Key Data from Secondary Research
2.1.2. Primary Research Key Data from Primary Research Breakdowns of Primary Interviews
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Next Generation Data Storage Industry, By Technology
6.1 Solid-State Storage
6.1.1 Hybrid Flash Arrays
6.1.2 All-Flash Arrays
6.2 Magnetic Storage
6.2.1 Magnetic Tape
6.2.2 Hard Disk
6.3 Others
7. Next Generation Data Storage Industry, By Application
7.1 Network-Attached Storage (NAS)
7.2 Storage Area Network (SAN)
7.3 Software-Defined Storage (SDS)
7.4 File- and Object-Based Storage (FOBS)
7.5 Direct-Attached Storage
7.6 Block Storage
7.7 Cloud Storage

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