Next-Generation Data Storage Market to Witness Huge Growth by 2027 | Dell Inc., NetApp, Inc., Hitachi, Ltd.

Global Next-Generation Data Storage Market Size study, byStorage Architecture (File and Object-based Storage, Block Storage) by Storage Medium (SSD, HD, Tape) by Storage System (Direct Attached Storage, Network Attached Storage, Storage Area Network) by End User (Enterprise, Government, Cloud Service Providers, Telecom)and Regional Forecasts 2021-2027  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Next-Generation Data Storage market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Next-Generation Data Storage market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Next-Generation Data Storage Market

Global Next-Generation Data Storage Market to reach USD 153.3billion by 2027.

 Global Next-Generation Data Storage Market is valued approximately USD 67.2billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.5% over the forecast period 2021-2027.  Next-Generation Storage (NGS) technologies are being used to store and retrieve data more quickly and efficiently. This technique secures large amounts of data and allows for cost-effective, dependable, secure, and quick data recovery. It has made it possible to store and manage large amounts of data created by large businesses in a systemic way. It covers cutting-edge data storage devices and solutions for dealing with growing file sizes and massive amounts of large datasets.  The digitization of information in homes and businesses, followed by an increase in the use of personal computing devices such as smart phones, desktops, and tablets, is driving the global market expansion. Furthermore, the availability of electronic data is increasing dramatically across industries worldwide such as healthcare, ecommerce, and BFSI, necessitating the use of appropriate next-generation data storage devices. Furthermore, the global acceptance of IoT in industries such as retail, healthcare, and manufacturing, as well as a considerable increase in cloud computing adoption, are factors propelling the market. In recent years, the e-commerce economy has achieved remarkable expansion. This is due to increased digitalization and high-speed internet usage in both established and emerging economies. The India Brand Equity Foundation (IBEF) estimates that the Indian e-commerce sector would reach US$ 200 billion by 2026, up from US$ 38.5 billion in 2017.The e-commerce sector’s tremendous growth has resulted in a surge in data generation, which necessitates efficient data handling. Large amounts of data may be stored efficiently with next-generation data storage technologies, which can also manage unstructured data. As a result, over the projected period, these factors are likely to propel the worldwide next generation data storage market forward. The increasing investments in R&D efforts for the implementation of flexible technologies to fulfill consumer expectations are expected to boost the global next-generation data storage market forward. As an example, in February 2020, Pure Storage collaborated with Google Cloud’s Anthos Ready Storage Campaignas a data storage solutions provider.However, aspects such as a lack of qualified labor and the absence of standards and procedures are impeding market growth. Furthermore, developing a complex integrated system is a difficult task that limits growth. Moreover, the demand for high-speed internet and the enormous risk of data security are expected to slow down the growth. Also, increased demand for data business intelligence, rising adoption of cloud storage and solid-state influences, and continued expansion in emerging markets all present opportunities for development.


The fastest growing share of the market is held by North America.Because of the country’s geographic concentration of worldwide client and vendor, the next-generation storage market is showing signals of expansion. Amazon, Microsoft, Google, and IBM are the firms with the largest total data centre infrastructure in the country. Google recently revealed that it will invest USD 13 billion in data centres and offices in the United States in fiscal 2019.


Major market player included in this report are:

  • Hewlett Packard Enterprise Company
  • Dell Inc.
  • NetApp, Inc.
  • Hitachi, Ltd.
  • International Business Machines Corporation
  • Toshiba Corporation
  • Pure Storage, Inc.
  • Nutanix, Inc.
  • Scality
  • Micron Technology, Inc.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByStorage Architecture:

  • File and Object-based Storage
  • Block Storage

ByStorage Medium :

  • SSD
  • HDD
  • Tape

By Storage System :

  • Direct Attached Storage
  • Network Attached Storage
  • Storage Area Network

By End User:

  • Enterprise
  • Government
  • Cloud Service Providers
  • Telecom


Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on:

  • Market size
  • Product segments – size and forecasts
  • Market segments – size and forecasts
  • Market share of leading manufacturers
  • Relevant industry trends
  • Industry structure
  • Company profiles of industry participants
  • Market environment
  • Trade flows


Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.


Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis


The study objectives of this report are:

  • To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2025.
  • To understand the structure of market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.


The Study Explore COVID 19 Outbreak Impact Analysis


  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Next-Generation Data Storage Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Next-Generation Data Storage market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Next-Generation Data Storage  Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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