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Allied Market Research

Enterprise Storage Systems Market by Storage (Direct Attached Storage, Storage Area Network, Network Attached Storage, and Mixed/ Hybrid Storage Environment), Interface (Serial Advanced Technology Attachment, Serial Attached SCSI, and Peripheral Component Interconnect Express), Disk Array (Small/ Entry, Medium/ Mid-Range, and Large/ High End) , Function (Storage, Backup, Archiving, and Disaster Recovery), and Industry Verticals (BFSI, Healthcare and Life Sciences, Telecommunications and IT, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 584 Views
   
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Enterprise Storage Systems Market Insight

Enterprise storage system includes the usage of a storage area network (SAN), slightly than a dispersed storage system, and includes benefits such as data sharing, high availability and disaster recovery, and efficient, restoration functions and reliable backup. Through SAN, paths are created to store all data, so that the failure of the server does not reduce access to critical information. It also helps increase the flexibility, scalability, and automation abilities of enterprise storage infrastructure. Enterprise storage systems has the capacity to assign storage resources effectively and efficiently. The increase in adoption enterprise storage system in end –users, due to reducing the overall storage cost of business.

Enterprise Storage Systems Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($)

  Segments covered

  Storage, Interface, Disk Array, Function and Industry Vertical

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed in the market include Dell Technologies, EMC Corporation, Hewlett Packard Enterprise Development LP, Hitachi Data Systems Corporation, Intel Corporation, International Business Machines Corporation, Lenovo Group Limited, NetApp, Inc., Oracle Corporation.

 

Impact of COVID-19 on Enterprise Storage Systems Market: 

  • Though governments have executed lockdowns to contain spread of the virus, people are bound to sit and work from home. To stop the spread of COVID-19, all offices are closed and industries have moved to online mode for their operations.
  • Enterprise storage systems provides companies various function such as data management, protection and data sharing. 
  • Overall, the pandemic is expected to have a positive impact on the global enterprise storage systems market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Growing essential to collection big amounts of data among corporate and improvements in enterprise storage systems and devices are some major factors to boost enterprise storage market across the globe. In addition, Increase in acceptance of camera-equipped devices such as smartphones and tablets for operations is considered as one of the important factor to boost global enterprise storage system market. However, data security is a major factor for restraining the growth of enterprise storage market. Contrarily, cloud-based storage systems and evolution of big data analytics provide new opportunities to enterprise storage system market. 

Increasing popularity of mobile device for data collection

The rise in acceptance of camera-equipped devices such as tablets and smartphones has permissible users to construct large quantities of digital content, which could lead to improved demand for data storage capabilities. The major business have growing requirement to stock these huge quantities of data among originalities and rising developments in enterprise storage systems and devices. Therefore, the growing acceptance of camera-equipped strategies has led to increased demand for enterprise storage systems.

Risk of breach of data

Data security is a key factor in curbing the growth of the enterprise storage market. This is mainly because the data is usually stored in a cloud server which increases its vulnerability. Organizations are concerned about their privacy by storing data in enterprise storage and making it vulnerable to threats.

Key segments covered:

Segments

Subsegments

  Storage system

  • Direct Attached Storage
  •  Storage Area Network
  •  Network Attached Storage
  •  Mixed/ Hybrid Storage Environment

  Interface

· Serial Advanced Technology Attachment

· Serial Attached SCSI

· Peripheral Component Interconnect Express

  Disk Array

· Small/ Entry

· Medium/ Mid-Range

· Large/ High End

  Function

· Storage

· Backup

· Archiving

· Disaster Recovery

  Industry Verticals

  • BFSI
  • Healthcare and Life Sciences
  • Telecommunications and IT
  • Government and Public Sector
  • Manufacturing
  • Consumer Goods and Retail
  • Media and Entertainment
  • Others (Travel & Hospitality and Education)

 

Key benefits of the report:

  • This study presents the analytical depiction of the enterprise storage systems industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the enterprise storage systems market share.
  • The current market is quantitatively analyzed from 2021 to 2027 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed enterprise storage systems market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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  • Further develops analyst team’s market understanding and expertise
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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