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The global AI-powered storage market is expected to grow from $107.1 billion in 2018 to $2.55 billion in 2025 at a CAGR of 17% during the forecast period. AI-powered storage is in high demand worldwide due to factors such as the increase in data being generated every day, the adoption of data analytics by various industries to improve decision-making ability, compliance with the generated data and increasing government regulations. In addition, many enterprises have started using cloud-based services to store data using virtual servers, further increasing the demand for AI-based storage systems.
Key Market Players
Intel Corporation (US), NVIDIA Corporation (US), IBM (US), Samsung Electronics (South Korea), Pure Storage (US), NetApp (US), Micron Technology (US), CISCO (US), Toshiba (Japan), Lenovo (China), Dell Technologies (US), and HPE (US) are a few major players in the AI-powered storage market.
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The following Segmentation are covered in this report:
On the basis of Offering
• Hardware
• Software
On the basis of Storage System
• Direct-attached Storage (DAS)
• Network-attached Storage (NAS)
• Storage Area Network (SAN)
On the basis of Storage Architecture
• File- and Object-Based Storage
• Object Storage
On the basis of Storage Medium
• Hard Disk Drive (HDD)
• Solid State Drive (SSD)
On the basis of End User
• Enterprises
• Government Bodies
• Cloud Service Providers
• Telecom Companies
The report covers the following objectives:
• Proliferation and maturation of trade in the global AI-powered storage Market.
• The market share of the global AI-powered storage Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global AI-powered storage Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global AI-powered storage Market.
Scope of the Report
The research study analyses the global AI-powered storage industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment
Geographic Coverage
• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume
Key Questions Answered by AI-powered storage Market Report
• What was the AI-powered storage Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of AI-powered storage Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the AI-powered storage Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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