Overview of the Global Data Center Storage Market:
Gain data-driven insights into the Global Data Center Storage Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.
Executive Summary
The Global Data Center Storage Market size was valued at around USD60 billion in 2024 and is projected to reach USD102 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.2% during the forecast period, i.e., 2025-30.
Global Data Center Storage Market Opportunity:
Increasing Demand from Cloud-Based Solution Providers to Influence Market Growth – Various companies, mainly IT & Telecom, are integrating their operations with cloud services. This is because the cloud helps them reduce operational costs as it eliminates the expenses associated with setting up physical storage, software, applications, etc., while ensuring the safety of data from hackers and disasters. More than 90% of organizations worldwide will have already adopted cloud computing in 2024, and the number of such users will increase in the coming years. This is expected to increase the demand for storage systems for data centers. Therefore, the continuous adoption of cloud services by numerous entities will increase the need for robust storage systems at data centers, thus providing a growth opportunity for the market stakeholders.
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Data Center Storage Market Segmentation
Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.
-By Storage Type
- Direct-Attached Storage (DAS)
- Network-Attached Storage (NAS)
- Storage Area Network (SAN)
Based on the type of storage, the Storage Area Network (SAN) dominates the market with a share of around 60%.
-By Application
- IT & Telecommunications
- BFSI
- Government
- Healthcare
- Others
Based on the application of storage systems at data centers, they are most widely used by the IT & telecommunications segment, holding a market share of around 66%.
-By Medium
- Hard Disk Drive (HDD) - Market Size & Forecast 2020-2030, USD Million
- Solid-State Drive (SSD)- Market Size & Forecast 2020-2030, USD Million
- Tape Storage- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
-By Architecture
- Block Storage- Market Size & Forecast 2020-2030, USD Million
- File Storage- Market Size & Forecast 2020-2030, USD Million
- Object Storage- Market Size & Forecast 2020-2030, USD Million
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Regionally, North America holds the highest market share of around 40%. This is because of the presence of multiple data-generating firms in this region, including IT & telecom, governmental, healthcare, etc.
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Competitive Market Strategies: List of Largest Data Center Storage Companies
Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.
- Dell Technologies
- Hewlett-Packard Enterprise
- NetApp
- IBM
- Hitachi Vantara
- Seagate Technology
- Western Digital Corporation
- Pure Storage
- Cisco Systems
- Oracle
- NEC Corporation
- Fujitsu
- Lenovo
- Toshiba Corporation
- Others
Future Market Analytics Focus Points
Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:
- Identify Emerging Market Trends: Recognize new trends shaping industries.
- Leverage Big Data Analytics: Use data for informed decision-making strategies.
- Explore Geographic Expansion: Target growth opportunities in new areas.
- Analyze Consumer Behavior: Adapt to shifting preferences and habits.
- Emphasize Sustainability: Align strategies with ethical and sustainable practices.
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Objectives of the Study
Clearly state what the report aims to achieve. For example:
- Provide a comprehensive market overview with quantitative forecasts.
- Identify key market segments and competitive dynamics.
- Analyze trends and drivers influencing growth.
- Highlight challenges and risks, plus mitigation strategies.
- Offer actionable insights and recommendations for decision-makers.
Report Delivery Model
“Our market research report is available in multiple formats for convenience:
- Interactive PDF with rich charts and data tables.
- PowerPoint summary deck for easy presentation and sharing.
- Excel containing all research figure.
About Us –
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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