Market Overview Of The Data Center Storage Market

The Global Data Center Storage Market size is expected to grow from USD 49.91 billion in 2022 to USD 119.40 billion by 2030, at a CAGR of 11.52 % during the forecast period (2023-2030).

The tools and technologies used in data centres to maintain and keep an eye on the storage resources and infrastructure are referred to as data centre storage. Tap drives, hard disc drives, NAS, RAID, and SAN are a few tools and technologies used in data centre storage, along with others. All the parts utilized for storage are regarded as being a part of the infrastructure of the data centre. One of the key reasons propelling the expansion of the data centre storage market is the increase in global investments in hyperscale data centres. The surge in demand for more cutting-edge edge platforms and the rise in demand for SAN, a high-speed network that connects various data storage devices with accompanying servers and other computer devices, are driving the market's expansion. The market is also influenced by an increase in data generation in end-user industries like telecommunication, manufacturing, and energy as well as an increased focus on building new edge computing platforms to aid their clients in improving data management capabilities at the edge of the network. Additionally, the adoption of edge computing and the urgent need to cut total IT costs have a beneficial impact on the market for data centre storage. Furthermore, adoption of hybrid cloud and virtualization and implementation of AI in businesses extend profitable opportunities to the market players in the forecast period of 2022 to 2028.

Data Center Storage Market

Market Dynamics And Factors Of The Data Center Storage Market

Drivers:

  • Increasing Network Efficiency And Performance And Enabling Easy Access To Storage

 Restraints:

  • High Investment Cost And Concern Related To Security

Opportunities:

  • Hybrid Cloud And Virtualization And Implementation Of AI Presents Growth Opportunity

COVID-19 Impact On The Data Center Storage Market

The market for Data Center Storage has been significantly dented by COVID-19. Data center building sales and manufacturing were impeded by low investment costs and a labour shortage. To develop the practices, the government and major market actors introduced new safety measures. The Data Center Storage market's growth rate increased as a result of the correct audience being targeted by technological improvements. Due to the loosening of the constraints, the market for data center building is anticipated to pick up during the post-pandemic situation. The data center operators who use prefabricated components, have standard supply chains, uniform build processes, and have supplier contracts in place will be in the best position to tolerate brief outages. Data Center Storage Market expected to bounce back during forecasted period.

Key Players For The Data Center Storage Market

  • Accenture
  • AWS
  • Fujitsu
  • IBM
  • Infosys
  • HCL Technologies
  • Hewlett Packard Enterprise (HPE)
  • Microsoft
  • Google Cloud
  • Digital Realty and other major key players.

Key Industry Developments In The Data Center Storage Market

September 2022, The Data Center Suite, a portfolio of outcome-based software solutions, was introduced by Honeywell, a world leader in connected buildings. It enables data centre managers and owners to better understand sustainability KPIs while maximizing uptime, worker productivity, critical asset health, and operational costs.

Global Data Center Storage Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 49.91 Bn.

Forecast Period 2023-30 CAGR:

11.52 %

Market Size in 2030:

USD 119.40 Bn.

Segments Covered:

By Deployment

  • SAN System
  • NAS System
  • DAS System

By Application

  • BFSI
  • IT & Telecom
  • Media & Entertainment
  • Healthcare

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., 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, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Network Efficiency And Performance And Enabling Easy Access To Storage

Key Market Restraints:

  • High Investment Cost And Concern Related To Security

Key Opportunities:

  • Hybrid Cloud And Virtualization And Implementation Of AI Presents Growth Opportunity

Companies Covered in the report:

  • Accenture, AWS, Fujitsu, IBM, Infosys, HCL Technologies, Hewlett Packard Enterprise (HPE), Other Major Players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Deployment
 3.2 By Verticals

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Data Center Storage Market by Deployment
 5.1 Data Center Storage Market Overview Snapshot and Growth Engine
 5.2 Data Center Storage Market Overview
 5.3 SAN System
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 SAN System: Geographic Segmentation
 5.4 NAS System
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 NAS System: Geographic Segmentation
 5.5 DAS System
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 DAS System: Geographic Segmentation

Chapter 6: Data Center Storage Market by Verticals
 6.1 Data Center Storage Market Overview Snapshot and Growth Engine
 6.2 Data Center Storage Market Overview
 6.3 BFSI
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 BFSI: Geographic Segmentation
 6.4 IT and Telecommunications
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 IT and Telecommunications: Geographic Segmentation
 6.5 Media & Entertainment Healthcare
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Media & Entertainment Healthcare: Geographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Data Center Storage Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Data Center Storage Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Data Center Storage Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 ACCENTURE
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 AWS
 7.4 FUJITSU
 7.5 IBM
 7.6 INFOSYS
 7.7 HCL TECHNOLOGIES
 7.8 HEWLETT PACKARD ENTERPRISE (HPE)
 7.9 MICROSOFT
 7.10 GOOGLE CLOUD
 7.11 DIGITAL REALTY
 7.12 OTHER MAJOR PLAYERS

Chapter 8: Global Data Center Storage Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Deployment
  8.2.1 SAN System
  8.2.2 NAS System
  8.2.3 DAS System
 8.3 Historic and Forecasted Market Size By Verticals
  8.3.1 BFSI
  8.3.2 IT and Telecommunications
  8.3.3 Media & Entertainment Healthcare

Chapter 9: North America Data Center Storage Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Deployment
  9.4.1 SAN System
  9.4.2 NAS System
  9.4.3 DAS System
 9.5 Historic and Forecasted Market Size By Verticals
  9.5.1 BFSI
  9.5.2 IT and Telecommunications
  9.5.3 Media & Entertainment Healthcare
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Data Center Storage Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Deployment
  10.4.1 SAN System
  10.4.2 NAS System
  10.4.3 DAS System
 10.5 Historic and Forecasted Market Size By Verticals
  10.5.1 BFSI
  10.5.2 IT and Telecommunications
  10.5.3 Media & Entertainment Healthcare
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Data Center Storage Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Deployment
  11.4.1 SAN System
  11.4.2 NAS System
  11.4.3 DAS System
 11.5 Historic and Forecasted Market Size By Verticals
  11.5.1 BFSI
  11.5.2 IT and Telecommunications
  11.5.3 Media & Entertainment Healthcare
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Data Center Storage Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Deployment
  12.4.1 SAN System
  12.4.2 NAS System
  12.4.3 DAS System
 12.5 Historic and Forecasted Market Size By Verticals
  12.5.1 BFSI
  12.5.2 IT and Telecommunications
  12.5.3 Media & Entertainment Healthcare
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Data Center Storage Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Deployment
  13.4.1 SAN System
  13.4.2 NAS System
  13.4.3 DAS System
 13.5 Historic and Forecasted Market Size By Verticals
  13.5.1 BFSI
  13.5.2 IT and Telecommunications
  13.5.3 Media & Entertainment Healthcare
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Data Center Storage Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 49.91 Bn.

Forecast Period 2023-30 CAGR:

11.52 %

Market Size in 2030:

USD 119.40 Bn.

Segments Covered:

By Deployment

  • SAN System
  • NAS System
  • DAS System

By Application

  • BFSI
  • IT & Telecom
  • Media & Entertainment
  • Healthcare

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., 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, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Network Efficiency And Performance And Enabling Easy Access To Storage

Key Market Restraints:

  • High Investment Cost And Concern Related To Security

Key Opportunities:

  • Hybrid Cloud And Virtualization And Implementation Of AI Presents Growth Opportunity

Companies Covered in the report:

  • Accenture, AWS, Fujitsu, IBM, Infosys, HCL Technologies, Hewlett Packard Enterprise (HPE), Other Major Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DATA CENTER STORAGE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DATA CENTER STORAGE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DATA CENTER STORAGE MARKET COMPETITIVE RIVALRY
TABLE 005. DATA CENTER STORAGE MARKET THREAT OF NEW ENTRANTS
TABLE 006. DATA CENTER STORAGE MARKET THREAT OF SUBSTITUTES
TABLE 007. DATA CENTER STORAGE MARKET BY DEPLOYMENT
TABLE 008. SAN SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 009. NAS SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 010. DAS SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 011. DATA CENTER STORAGE MARKET BY VERTICALS
TABLE 012. BFSI MARKET OVERVIEW (2016-2028)
TABLE 013. IT AND TELECOMMUNICATIONS MARKET OVERVIEW (2016-2028)
TABLE 014. MEDIA & ENTERTAINMENT HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA DATA CENTER STORAGE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 016. NORTH AMERICA DATA CENTER STORAGE MARKET, BY VERTICALS (2016-2028)
TABLE 017. N DATA CENTER STORAGE MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE DATA CENTER STORAGE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 019. EUROPE DATA CENTER STORAGE MARKET, BY VERTICALS (2016-2028)
TABLE 020. DATA CENTER STORAGE MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC DATA CENTER STORAGE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 022. ASIA PACIFIC DATA CENTER STORAGE MARKET, BY VERTICALS (2016-2028)
TABLE 023. DATA CENTER STORAGE MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA DATA CENTER STORAGE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA DATA CENTER STORAGE MARKET, BY VERTICALS (2016-2028)
TABLE 026. DATA CENTER STORAGE MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA DATA CENTER STORAGE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 028. SOUTH AMERICA DATA CENTER STORAGE MARKET, BY VERTICALS (2016-2028)
TABLE 029. DATA CENTER STORAGE MARKET, BY COUNTRY (2016-2028)
TABLE 030. ACCENTURE: SNAPSHOT
TABLE 031. ACCENTURE: BUSINESS PERFORMANCE
TABLE 032. ACCENTURE: PRODUCT PORTFOLIO
TABLE 033. ACCENTURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. AWS: SNAPSHOT
TABLE 034. AWS: BUSINESS PERFORMANCE
TABLE 035. AWS: PRODUCT PORTFOLIO
TABLE 036. AWS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. FUJITSU: SNAPSHOT
TABLE 037. FUJITSU: BUSINESS PERFORMANCE
TABLE 038. FUJITSU: PRODUCT PORTFOLIO
TABLE 039. FUJITSU: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. IBM: SNAPSHOT
TABLE 040. IBM: BUSINESS PERFORMANCE
TABLE 041. IBM: PRODUCT PORTFOLIO
TABLE 042. IBM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. INFOSYS: SNAPSHOT
TABLE 043. INFOSYS: BUSINESS PERFORMANCE
TABLE 044. INFOSYS: PRODUCT PORTFOLIO
TABLE 045. INFOSYS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. HCL TECHNOLOGIES: SNAPSHOT
TABLE 046. HCL TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 047. HCL TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 048. HCL TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. HEWLETT PACKARD ENTERPRISE (HPE): SNAPSHOT
TABLE 049. HEWLETT PACKARD ENTERPRISE (HPE): BUSINESS PERFORMANCE
TABLE 050. HEWLETT PACKARD ENTERPRISE (HPE): PRODUCT PORTFOLIO
TABLE 051. HEWLETT PACKARD ENTERPRISE (HPE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. MICROSOFT: SNAPSHOT
TABLE 052. MICROSOFT: BUSINESS PERFORMANCE
TABLE 053. MICROSOFT: PRODUCT PORTFOLIO
TABLE 054. MICROSOFT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. GOOGLE CLOUD: SNAPSHOT
TABLE 055. GOOGLE CLOUD: BUSINESS PERFORMANCE
TABLE 056. GOOGLE CLOUD: PRODUCT PORTFOLIO
TABLE 057. GOOGLE CLOUD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. DIGITAL REALTY: SNAPSHOT
TABLE 058. DIGITAL REALTY: BUSINESS PERFORMANCE
TABLE 059. DIGITAL REALTY: PRODUCT PORTFOLIO
TABLE 060. DIGITAL REALTY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 061. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 062. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 063. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DATA CENTER STORAGE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DATA CENTER STORAGE MARKET OVERVIEW BY DEPLOYMENT
FIGURE 012. SAN SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 013. NAS SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 014. DAS SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 015. DATA CENTER STORAGE MARKET OVERVIEW BY VERTICALS
FIGURE 016. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 017. IT AND TELECOMMUNICATIONS MARKET OVERVIEW (2016-2028)
FIGURE 018. MEDIA & ENTERTAINMENT HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA DATA CENTER STORAGE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE DATA CENTER STORAGE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC DATA CENTER STORAGE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA DATA CENTER STORAGE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA DATA CENTER STORAGE MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Data Center Storage Market research report?

The forecast period in the Data Center Storage Market research report is 2023-2030.

Who are the key players in Data Center Storage Market?

Accenture, AWS, Fujitsu, IBM, Infosys, HCL Technologies, Hewlett Packard Enterprise (HPE), Microsoft, Google Cloud, Digital Realty, Other Major Key Players

What are the segments of the Data Center Storage Market?

The Data Center Storage Market is segmented into Deployment, Application and region. By Deployment, the market is categorized into SAN System, NAS System, DAS System. By Verticals, the market is categorized into BFSI, IT and Telecommunications, Media & Entertainment Healthcare. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Data Center Storage Market?

Data centre storage primarily refers to the hardware, tools, and software innovations that make it possible to store data and applications inside a data centre. Hard disc drives, tape drives, and other types of internal and external storage are examples of this. utility for managing backups and storage.

How big is the Data Center Storage Market?

The Global Data Center Storage Market size is expected to grow from USD 49.91 billion in 2022 to USD 119.40 billion by 2030, at a CAGR of 11.52 % during the forecast period (2023-2030).