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Data Center Storage Market to grow by USD 193.61 Bn by 2026, Segmentation by Deployment and Geography – Technavio

NEW YORK, Nov. 14, 2022 /PRNewswire/ — The Data Center Storage Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the data center storage market between 2021 and 2026 is USD 193.61 billion at a CAGR of 26.41%. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a Free Sample Report.

Data Center Storage Market: Segmentation Analysis
  • By Deployment 
    • SAN system 
      • The SAN system will increase its market share of data center storage faster than the other market sectors. Due to their high-performance capacity, SAN systems are highly recommended for high-speed traffic, including databases with lots of transactions and e-commerce websites. Businesses like Facebook and Google, which deal with large volumes of resource-intensive data that must be processed simultaneously, are the main users of SAN technology.
    • NAS system
    • DAS system
  • By Geography 
    • North America 
      • North America will account for 29% of the market’s growth over the forecasted timeframe. The US is North America’s main market for data center storage. The market in this area will grow more slowly than in MEA and APAC. Over the course of the forecast period, the growth of the data center storage market in North America will be aided by the expansion of data centers and the rising need for IoT devices.
    • Europe
    • APAC
    • South America
    • Middle East and Africa

To know additional highlights and key points on various market segments and their impact in coming years, Get a Free Sample Report.

Data Center Storage Market: Vendor Insights

The global data center storage market is characterized by the presence of international and regional vendors. Regional vendors are finding it difficult to compete with international vendors regarding quality, technology, and pricing. Product or service extensions, technological innovations, and the increasing number of M&A will intensify the market competition during the forecast period. The market is currently witnessing rapid growth.

Continuous development in opening new data centers, rising Internet penetration, and the growing adoption of IoT devices are driving the growth of the global data center storage market. Moreover, investments in hyperscale data centers are increasing, which are based on the storage of a large amount of data and require data storage devices, which is boosting the growth of the market.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

    • DataDirect Networks Inc.
    • Dell Inc.
    • Equinix Inc.
    • Fujitsu Ltd.
    • Hewlett Packard Enterprise Co.
    • Hitachi Vantara LLC
    • Huawei Technologies Co. Ltd.
    • Inspur Group
    • International Business Machines Corp.
    • Lenovo Group Ltd.
    • NEC Corp.
    • NetApp Inc.
    • NETGEAR Inc.
    • Nimbus Data Inc.
    • Oracle Corp.
    • OVERLAND STORAGE, INC.

To gain access to more vendor profiles with their key offerings available with Technavio, Buy a Sample Report Here.

Parent Market Analysis

Technavio categorizes the global data center storage market as a part of the global Internet services and infrastructure market within the global IT services market. The super parent global IT services market cover companies offering IT consulting and system integration services, application services, electronic data processing services, business process outsourcing services, infrastructure services, and Internet services. The global Internet services and infrastructure market covers companies providing services and infrastructure for the Internet industry, including data centers and cloud networking and storage infrastructure. It also includes companies providing hosting services. It excludes companies offering software products. The global Internet services and infrastructure market also includes IT security services and cloud computing services. 

The following factors will drive growth in the global Internet services and infrastructure market:

  • Planned expansion by hyperscalers
  • Increasing adoption of cloud computing
  • Rise in adoption of colocation services
  • IoT, AI, and big data-ready infrastructure
  • Time to market and high initial costs for setting up data centers

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Cloud Storage Services Market by End-user and Geography – Forecast and Analysis 2022-2026: The report extensively covers market segmentation by end-user (large enterprises and SMEs) and geography (North America, APAC, Europe, South America, and Middle East and Africa).  

Data Center Storage Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of almost 26.41%

Market growth 2022-2026

$193.61 billion

Market structure

Fragmented

YoY growth (%)

16.02

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 29%

Key consumer countries

US, China, Singapore, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

DataDirect Networks Inc., Dell Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, Huawei Technologies Co. Ltd., Inspur Group, International Business Machines Corp., Lenovo Group Ltd., NEC Corp., NetApp Inc., NETGEAR Inc., Nimbus Data Inc., Oracle Corp., OVERLAND STORAGE, INC., Pure Storage Inc., Quanta Computer Inc., Unitrends Inc., and Toshiba Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Deployment

  • 5.1 Market segments 
    • Exhibit 24: Chart on Deployment – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Deployment – Market share 2021-2026 (%)
  • 5.2 Comparison by Deployment 
    • Exhibit 26: Chart on Comparison by Deployment
    • Exhibit 27: Data Table on Comparison by Deployment
  • 5.3 SAN system – Market size and forecast 2021-2026
    • Exhibit 28: Chart on SAN system – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on SAN system – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on SAN system – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on SAN system – Year-over-year growth 2021-2026 (%)
  • 5.4 NAS system – Market size and forecast 2021-2026
    • Exhibit 32: Chart on NAS system – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on NAS system – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on NAS system – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on NAS system – Year-over-year growth 2021-2026 (%)
  • 5.5 DAS system – Market size and forecast 2021-2026
    • Exhibit 36: Chart on DAS system – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 37: Data Table on DAS system – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Chart on DAS system – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on DAS system – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Deployment 
    • Exhibit 40: Market opportunity by Deployment ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 UK – Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.10 France – Market size and forecast 2021-2026
    • Exhibit 74: Chart on France – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on France – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on France – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on France – Year-over-year growth 2021-2026 (%)
  • 7.11 China – Market size and forecast 2021-2026
    • Exhibit 78: Chart on China – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on China – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.12 Singapore – Market size and forecast 2021-2026
    • Exhibit 82: Chart on Singapore – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 83: Data Table on Singapore – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 84: Chart on Singapore – Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Singapore – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Dell Inc. 
    • Exhibit 93: Dell Inc. – Overview
    • Exhibit 94: Dell Inc. – Business segments
    • Exhibit 95: Dell Inc. – Key news
    • Exhibit 96: Dell Inc. – Key offerings
    • Exhibit 97: Dell Inc. – Segment focus
  • 10.4 Equinix Inc. 
    • Exhibit 98: Equinix Inc. – Overview
    • Exhibit 99: Equinix Inc. – Business segments
    • Exhibit 100: Equinix Inc. – Key offerings
    • Exhibit 101: Equinix Inc. – Segment focus
  • 10.5 Fujitsu Ltd. 
    • Exhibit 102: Fujitsu Ltd. – Overview
    • Exhibit 103: Fujitsu Ltd. – Business segments
    • Exhibit 104: Fujitsu Ltd. – Key offerings
    • Exhibit 105: Fujitsu Ltd. – Segment focus
  • 10.6 Hewlett Packard Enterprise Co. 
    • Exhibit 106: Hewlett Packard Enterprise Co. – Overview
    • Exhibit 107: Hewlett Packard Enterprise Co. – Business segments
    • Exhibit 108: Hewlett Packard Enterprise Co. – Key news
    • Exhibit 109: Hewlett Packard Enterprise Co. – Key offerings
    • Exhibit 110: Hewlett Packard Enterprise Co. – Segment focus
  • 10.7 Huawei Technologies Co. Ltd. 
    • Exhibit 111: Huawei Technologies Co. Ltd. – Overview
    • Exhibit 112: Huawei Technologies Co. Ltd. – Business segments
    • Exhibit 113: Huawei Technologies Co. Ltd. – Key offerings
    • Exhibit 114: Huawei Technologies Co. Ltd. – Segment focus
  • 10.8 International Business Machines Corp. 
    • Exhibit 115: International Business Machines Corp. – Overview
    • Exhibit 116: International Business Machines Corp. – Business segments
    • Exhibit 117: International Business Machines Corp. – Key offerings
    • Exhibit 118: International Business Machines Corp. – Segment focus
  • 10.9 Lenovo Group Ltd. 
    • Exhibit 119: Lenovo Group Ltd. – Overview
    • Exhibit 120: Lenovo Group Ltd. – Business segments
    • Exhibit 121: Lenovo Group Ltd. – Key offerings
    • Exhibit 122: Lenovo Group Ltd. – Segment focus
  • 10.10 NetApp Inc. 
    • Exhibit 123: NetApp Inc. – Overview
    • Exhibit 124: NetApp Inc. – Business segments
    • Exhibit 125: NetApp Inc. – Key news
    • Exhibit 126: NetApp Inc. – Key offerings
    • Exhibit 127: NetApp Inc. – Segment focus
  • 10.11 Oracle Corp. 
    • Exhibit 128: Oracle Corp. – Overview
    • Exhibit 129: Oracle Corp. – Business segments
    • Exhibit 130: Oracle Corp. – Key news
    • Exhibit 131: Oracle Corp. – Key offerings
    • Exhibit 132: Oracle Corp. – Segment focus
  • 10.12 Pure Storage Inc. 
    • Exhibit 133: Pure Storage Inc. – Overview
    • Exhibit 134: Pure Storage Inc. – Product / Service
    • Exhibit 135: Pure Storage Inc. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 136: Inclusions checklist
    • Exhibit 137: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 138: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 139: Research methodology
    • Exhibit 140: Validation techniques employed for market sizing
    • Exhibit 141: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 142: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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