Global AI- powered storage market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 27.1% during forecast period.Global AI- Powered Storage MarketTo know about the Research Methodology :- Request Free Sample ReportThe report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.Global AI- powered storage market DefinitionAI-powered storage allows organizations to analyze data intelligently and quickly by delivering instant insights. AI- Powered storage includes three distinct phases namely data ingestion, training using machine learning and inference which is a stage of providing insights.Global AI- powered storage market DynamicsImmense development in data volumes, growing demand for advanced storage architecture in large-scale enterprise infrastructure, growing implementation of cloud-based services and increasing requirement of AI in high performance computing data centers are major driving factors behind the growth of market. Surge in the adoption of data analytics tools by different industries to improve the decision-making capabilities, rising number of market strategies such as cross-industry collaborations and partnerships by organizations and growing government regulations related with data generation are further expected to improve the growth of AI- powered storage market.However, increasing concerns related with data privacy in cloud- and server-based services is major restraining factor that could hamper the growth of market. Lack of technically skilled personnel in AI hardware and irregularity of AI algorithms could hinder the growth of market.Global AI- Powered Storage Market: Segmentation AnalysisBy storage system, storage area network segment dominated the market in 2019 and is expected to maintain its dominance at CAGR of XX% during forecast. High adoption of storage area network in small and medium sized organizations is driving the growth of market. It is the network of data storage devices and it facilitates the collaboration of storage among data centers. Storage area networks provides some benefits such as removal of bandwidth bottlenecks associated with LAN-based server storage, high availability, centralized storage management, faster backups, global file systems, rapid data migration, better data security, improved storage utilization, greater scalability and enhanced data protection and disaster recovery are making more focus on the demand of AI- powered storage and is ultimately improving the growth of market.By end user, BFSI segment is projected to witness fast growth at CAGR of XX% during forecast period. Artificial intelligence in BFSI industry provides personalized customer experience, error-free back-end processes, quicker turn-around-time, which work with no human interference, and security which ultimately propelling the growth of market. Furthermore, AI is helping the BFSI industry to optimize and modernize processes from credit decision making to quantitative trading and financial risk management. AI powered storage gives credit risk assessment, improved financial operational efficiency, fraud detection, use of messenger bots to effect seamless communication between lenders and customers and AI along with analytics which is further improving the growth of market.Global AI- Powered Storage Market: Regional AnalysisRegion wise, North America held the largest market share in 2019 and is expected maintain its dominance at CAGR of XX% during forecast period. The US and Canada are major key contributors behind the growth of market. The growth is attributed to the massive presence of data storage market players, increased awareness and availability experienced expertise and growing adoption of AI storage in financial industry across the region.Growing market strategies like partnership, agreements, acquisition and mergers to expand and to produce efficient AI powered storage by the prominent key players is driving the growth of market. For instance, IBM and Nvidia team up on AI-powered storage and develop a new storage system for artificial intelligence (AI) workloads.The objective of the report is to present a comprehensive analysis of the Global AI- Powered Storage Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global AI- Powered Storage Market dynamics, structure by analyzing the market segments and projects the Global AI- Powered Storage Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global AI- Powered Storage Market make the report investor’s guide.The Scope of Global AI- Powered Storage Market: Inquire before buyingGlobal AI- Powered Storage Market, By Offering• Hardware• SoftwareGlobal AI- Powered Storage Market, By Storage System• Direct-attached Storage (DAS)• Network-attached Storage (NAS)• Storage Area Network (SAN)Global AI- Powered Storage Market, By Storage Architecture• File- and Object-Based Storage• Object StorageGlobal AI- Powered Storage Market, By Storage Medium• Hard Disk Drive (HDD)• Solid State Drive (SSD)Global AI- Powered Storage Market, By End User• BFSI• Enterprises• Government Bodies• Cloud Service Providers• Telecom Companies• OthersGlobal AI- Powered Storage Market, By Region• North America• Europe• Asia Pacific• South America• Middle East & AfricaGlobal AI- Powered Storage Market, Key Players• Intel Corporation• NVIDIA Corporation• IBM• Samsung Electronics• Pure Storage• NetApp• Micron Technology• CISCO• Toshiba• Hitachi• Lenovo• Dell Technologies• HPE• Advanced Micro Devices• Western Digital• Flextronics International• Tintri• Seagate Technology PLC• Datadirect NetworkFor More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-ai-powered-storage-market/63080/ This Report Is Submitted By :Maximize Market Research CompanyCustomization of the report:Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.About Maximize Market Research:  Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other Maximize manufacturing sectors.