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Data Storage Market to grow CAGR of 23% till 2023


Data storage describes the technical means by which digital data is collected and archived for use by a computer or other device. Data storage comprises of primary storage, often referred to as main memory, and secondary or auxiliary cloud data the order of level in which the data is stored is memory card, HDD or SSD storage,generally adopted by d storage is preferred by enterprise


Currently North America is the leading market holder with remarkable growth in data storage solutions. The growing analytics and cloud computing is driving the demand for the new data centre infrastructure. The rapid rise in the economic growth, coupled with an exponential increase in the internet users in the Asia-Pacific region Hydro Flask Coffee 12 Oz Coffee Flamingo Pink Clearance , is likely to drive the market. The substructure allied with the data storagecentersis growing in certain countries like India, China and Japan where refurbishing the old ones, is expected to boost the use of data centers. Furthermore, availability of cheap smart phones and reductiondecline in the consumer data storage devices, such as hard disk (HDDs), solid state drive (SSDs) Hydro Flask Coffee 16 Oz Coffee Lava Red Clearance , is encouraging the backupstorage market.


The findings say more than 72% of the global organization will migrate to cloud storage ing demand for low cost data backup, and security across all the enterprises is boosting the usage of cloud storage adoption. The hybrid cloud storage is anticipated to occupy a significant share of whole cloud storage market for the forecast period of 2018 to 2023. This is due to greater flexibility in comparison to both public and private cloud storage. In end-user verticals BFSI, and retail are the leading adopter ofonlinecloud usage of Microsoft Azure increased from 26% to 43%, Amazon Web Service (AWS)adoption has increased from 56% to 59%. This isexpected to boost the cloud based storage in the enterprise, thus propelling the market growth. Banking and financial service industry is leading in the data storage market.


To access the full report, click the link below:

Selected Driving Factors Mentioned in the Full Data Storage Market Report


ecently Innoviumlnc. Hydro Flask Coffee 12 Oz Coffee Black Clearance , declared launching of advanced version switch software platform for data centers. This software has different capabilities,and deliver performance up to 12.8 Tera Byte. The adoption of high efficient, and robust with superior performance data storage is expected to fuel the data storagemarket growth.


rends like artificial intelligence and machine learning, the Internet of the Things (IoT), software defined storage, object storage and hyper convergence infrastructure storage to increase scalability will help the data storage in impacting businesses.


icrosoft announced to launch Archive Blob storage starting at a price of USD 0.002 per gigabyte per month. This storage helps the customers to reduce storage costs by optimizing storage data that is accessed frequently. The storage is developed under the usage in security camera footage Hydro Flask Coffee 12 Oz Coffee Olive Green Clearance , X-Rays in healthcare organizations, audio recording, and transcripts of customers calls in financial services.


Key Players of the Data Storage Market
The leadingplayers in data storage market for Enterprise Data Storage companies are Alphabet, Inc., Amazon Web Service, Inc. Hydro Flask Coffee 16 Oz Coffee Black Clearance , DropBox, Inc., IBM, SAP and Rackspace hosting, umer Data storage Companies are Sony, Toshiba Hydro Flask Coffee 16 Oz Coffee Graphite Grey Clearance , Freecom, Transcend Information, and Samsung. Amazon Web Service, Inc., has its cloud web storage service Amazon S3 that offers a highly scalable, and secure destination for back-up and archiving of critical data. Dropbox storage serviceis for the consumers Hydro Flask Coffee 12 Oz Coffee Pacific Blue Clearance , where all the files are encrypted and stored online in secure server. Transcend Information is one of the leading external data storage devices manufacturer that has products like mircoSD cards, SSD kit, solid state drives that support operating systems like Windows and Mac computers.


The Data Storage Marketis Segmented as Indicated Below:


The growing popularity of improvement IoT and adoption of electronic devices will drive the demand for data storage market.


A. Data Storage Market By Applications


1. Enterprise Data Storage


1.1 Software-Defined Storage (SDS)
1.2 Hard Disk & Flash Storage
1.3 Hyper-Converged Infrastructure
1.4 Cloud-based Storage


2. Consumer Data Storage


2.1 Memory Cards
2.2 Hard Disk Drive (HDD)
2.3 Optical Disk
2.4 Solid State Devices (SSD)
2.5 USB Flash Drives


B. Data Storage By End-user


1. Residential
2. Commercial


2.1 Large Enterprises
2.2 SMEs


3. Others


C. Data Storage By Industry Verticals


1. Healthcare
3. IT & Telecom
4. Government
5. Research & Education
6. Aerospace &Defense
7. Others


D. Data Storage Market By Geography (16+ countries)
E. Data Storage Market Entropy
F. Company Profiles


1. Microsoft
2. Oracle
4. ClearDATA
5. VMware
6. Iron Mountain
7. Company 7
8. Company 8
9. Company 9
10. Company 10
More than 10 companies are profiled in this report


Related Report:


Next Generation Data Storage Technologies Market


Spintronics Product and Application Market


G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography Hydro Flask Coffee 16 Oz Coffee Cobalt Blue Clearance , Compilation of Experts, Disclaimer.


What can you expect from the report?


The Data Storage Market Report is prepared with the main agenda to cover

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