Global Data Center Flash Storage Market: Demand Status by Future Trends, Size, Growth, Opportunities And Challenges Forecast To 2029

PRESS RELEASE
Published February 23, 2023

Market Overview:

The Data Center Flash Storage Market Is Expected To Grow At A Significant Growth Rate Over The Forecast Period 2022-2028, Considering Base Year As 2021.

In order to overcome the drawbacks of traditional storage systems, complex mission-critical and high-performance computing applications are announcing an increase in demand for efficiency and performance. The market for data center flash storage will benefit in the future years as a result of applications’ ability to conduct input/output (I/O) tasks in a data center environment being made easier by increasing data traffic. Because of the increasing adoption of technologies like the cloud, the Internet of Things, big data, and artificial intelligence, the market for data center flash storage is booming. The low performance of these applications may place restrictions on the market for data center flash storage.

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The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis

Market Dynamics and Factors:

Throughout time, vast amounts of data have been generated and social media have become more widely used due to the increase in internet speed and the growth in internet users. Due to technological improvements and digital transformation initiatives, a number of industries, including healthcare, BFSI, education, and hospitality, are witnessing data expansion. The Internet of Things (IoT), which uses a network of sensors to connect the digital and physical worlds, aids in the rapid growth of data traffic. Throughout the projection period, the deployment of 5G networks for mobile devices will support the exponential growth of IoT and big data analytics.

While the development of data centers is concentrated in well-known cities, it is still in its infancy in tier 2 and tier 3 cities. Yet, these regions are also gaining pace in the implementation of edge data centers as a result of the increased usage of technology in smaller areas further from core sites. Due to more connectivity choices with established hyper-scale data centers, 5G is driving the expansion of edge deployments. Edge data centers will provide a decentralized architecture in which a number of them are connected to a single hyperscale facility.

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Data Center Flash Storage Market Report Highlight:

  • By Type, the Direct-Attached Storage (Das) segment is anticipated to lead the growth of the Data Center Flash Storage market in the forecasted timeframe. Direct-attached storage (DAS) is a type of storage that is attached directly to a computer without going through a network. The storage might be connected internally or externally. Only the host computer can access the data directly.
  • By end-users, the IT And Telecommunications segment is set to develop at the highest share during the forecasted timeframe. With an increase in mobile and internet users, the IT and telecom sector is one of the industries with the fastest growth rates in the globe. The market for data centers is closely related to the IT and telecom industries. For data center operators, the industry represents a sizable market due to the daily data flow.
  • The North American region is expected to have the highest share of the Data Center Flash Storage market over the projected period. The market for the construction and operation of data centres is most telecenters in North America. Significant investments from international operators of data centres and cloud center providers are being made in the US and Canada.

Top Key Players Covered In The Data Center Flash Storage Market:

  • Caringo (US)
  • Cloudian (US)
  • Cohesity (US)
  • Dell Technologies (US)
  • Fujitsu Limited (Japan)
  • Hewlett Packard Enterprise (US)
  • Huawei Technologies Co., Ltd. (China)
  • IBM Corporation (US)
  • NetApp (US)
  • Pure Storage (US), and other major key players

Key Industry Development:

In December 2022- Samsung Electronics announced the development of its 16-gigabit (Gb) DDR5 DRAM built with the industry’s first 12-nanometer (nm)-class process technology and the completion of product compatibility testing with AMD.

In April 2022, StorCentric, a provider of a broad range of secure data management solutions, announced the general availability (GA) launch of the Nexsan Unity NV10000, an enterprise-class NVMe All-Flash platform built from the ground up with improved performance, to answer the needs of current applications. Also, the new NVMe data storage system has special integrated features and functionality that are essential for guaranteeing data security, regulatory compliance, and quick ransomware attack recovery.

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Data Center Flash Storage Market Segmentation:

By Type

  • Direct-Attached Storage (Das)
  • Storage Area Network (San)
  • Network Attached Storage (Nas)
  • High Availability (HA) and Failover
  • Load Balancing

By End Users

  • BFSI
  • IT and Telecommunications
  • Government and Defense
  • Healthcare

For this report, Introspective Market Research has segmented the Data Center Flash Storage Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest Of Europe

Asia Pacific

  • China
  • India
  • Japan
  • Singapore
  • Australia
  • New-Zealand
  • Rest of APAC

Middle East & Africa

  • Turkey
  • Saudi Arabia
  • Qatar
  • UAE
  • Israel
  • South Africa

South America

  • Brazil
  • Argentina
  • Rest of SA

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Scope of the Report:

The latest research on the Data Center Flash Storage market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Data Center Flash Storage industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Data Center Flash Storage market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

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