Key Insights
The next-generation storage market is experiencing robust growth, projected to reach a substantial size driven by several key factors. The market's Compound Annual Growth Rate (CAGR) of 7.37% from 2019-2033 indicates a consistent expansion, fueled by the increasing demand for data storage across diverse sectors. The BFSI (Banking, Financial Services, and Insurance), retail, and IT and telecom industries are major contributors to this growth, requiring advanced storage solutions to manage their expanding data volumes and ensure business continuity. The shift towards cloud computing and the adoption of big data analytics are also significant drivers, demanding scalable and efficient storage architectures. The prevalence of file and object-based storage (FOBS) and block storage architectures reflects the market's preference for flexible and performance-optimized solutions. Furthermore, the rising adoption of advanced technologies such as artificial intelligence and machine learning further intensifies the need for high-capacity, high-performance storage systems.
The market segmentation highlights the diverse range of storage solutions available, with Direct Attached Storage (DAS), Network Attached Storage (NAS), and Storage Area Network (SAN) systems dominating the landscape. However, the emergence of cloud-based storage and hybrid solutions is likely to reshape the market dynamics in the coming years, presenting both opportunities and challenges for established players. Geographic expansion is also expected, with regions like Asia Pacific predicted to show significant growth due to rising digitalization and economic expansion. While certain restraints such as high initial investment costs and complexity of implementation might exist, the long-term benefits of enhanced data management and improved operational efficiency will continue to drive adoption of next-generation storage solutions. Key players like IBM, Fujitsu, Toshiba, Hewlett Packard Enterprise, and NetApp are actively shaping the market with innovative products and strategic partnerships. The forecast period of 2025-2033 suggests continued market expansion, offering significant potential for growth and innovation within the industry.

Next-Generation Storage Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the next-generation storage market, offering invaluable insights for stakeholders across the industry. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report meticulously examines market dynamics, trends, leading players, and future opportunities. The report covers key segments including BFSI, Retail, IT and Telecom, Healthcare, Media and Entertainment, and other end-user industries, along with storage systems like DAS, NAS, and SAN, and storage architectures such as FOBS and Block Storage. The market is expected to reach xx Million by 2033, showcasing significant growth potential.
Next-generation Storage Market Market Dynamics & Concentration
The next-generation storage market is characterized by a dynamic interplay of factors influencing its concentration and growth trajectory. Market concentration is currently moderate, with several major players holding significant shares, but a rising number of niche players are emerging. Innovation is a key driver, pushing the boundaries of storage capacity, speed, and security. Stringent regulatory frameworks governing data privacy and security are shaping market practices and investment decisions. The market witnesses substantial M&A activity, reflecting the consolidation trend within the industry. Product substitutes, such as cloud storage solutions, exert competitive pressure, forcing established players to constantly innovate and adapt. End-user trends, particularly the increasing demand for data storage and processing power in various sectors, are driving market growth.
- Market Share: The top five players (IBM Corporation, Fujitsu Ltd, Toshiba Corp, Hewlett Packard Enterprise Company, NetApp Inc) hold an estimated 55% of the market share in 2025.
- M&A Activity: An average of 15-20 M&A deals are observed annually in the next-generation storage market (2019-2024).
- Innovation Drivers: Artificial intelligence (AI), big data analytics, and the Internet of Things (IoT) are propelling demand for advanced storage solutions.
- Regulatory Frameworks: GDPR, CCPA, and other data privacy regulations are influencing the development and deployment of secure storage solutions.
Next-generation Storage Market Industry Trends & Analysis
The next-generation storage market exhibits robust growth, driven by several key factors. The Compound Annual Growth Rate (CAGR) is projected at approximately 15% during the forecast period (2025-2033). Technological disruptions, particularly in areas like NVMe (Non-Volatile Memory Express) and flash memory technologies, are significantly enhancing storage speeds and capacities. The increasing adoption of cloud-based storage solutions is transforming the market landscape, influencing consumer preferences towards scalability and cost-effectiveness. Competitive dynamics remain fierce, with companies focusing on innovation, strategic partnerships, and aggressive pricing strategies to gain market share. Market penetration of solid-state storage is continuously increasing, surpassing traditional HDD-based systems.

Leading Markets & Segments in Next-generation Storage Market
The North American region dominates the next-generation storage market, driven by strong technological advancements, high adoption rates, and the presence of major players. Within end-user industries, the IT and Telecom sector shows the highest growth potential owing to the massive data handling requirements. The SAN (Storage Area Network) storage system segment currently holds the largest market share due to its suitability for enterprise applications. Block storage architecture is expected to grow significantly due to its performance advantages in various applications.
- Key Drivers for North American Dominance: Robust technological infrastructure, high investment in R&D, and a large pool of skilled professionals.
- BFSI Sector Growth Drivers: Stringent regulatory compliance requirements and increasing digitalization in banking and financial services.
- IT and Telecom Sector Growth Drivers: High data volumes from mobile devices, cloud services, and the increasing need for high-performance computing.
- Healthcare Sector Growth Drivers: Growing demand for electronic health records and the proliferation of medical imaging.
Next-generation Storage Market Product Developments
Recent product developments emphasize improved performance, enhanced security, and greater scalability. The introduction of NVMe-based storage solutions is significantly increasing data access speeds. Innovations in flash memory technology, like Kioxia's new JEDEC e-MMC Ver. 5.1 compliant products, further enhance storage efficiency. Furthermore, advancements in data compression and deduplication technologies are optimizing storage capacity utilization. These developments contribute to better market fit across diverse applications.
Key Drivers of Next-generation Storage Market Growth
Several factors contribute to the growth of the next-generation storage market. Technological advancements, particularly in flash memory, NVMe, and AI-powered data management, are pivotal. Economic factors, including increased digitalization across various sectors, and the growing demand for data-intensive applications, are driving market expansion. Favorable regulatory environments, encouraging data storage and digital transformation, also play a crucial role.
Challenges in the Next-generation Storage Market Market
The next-generation storage market faces several challenges. Stringent data privacy regulations impose high compliance costs. Supply chain disruptions, particularly concerning essential components like flash memory, can impact production and pricing. Intense competition among established players and emerging startups creates pressure on profit margins. These factors could potentially hinder market growth by up to 5% if not appropriately addressed.
Emerging Opportunities in Next-generation Storage Market
Significant opportunities exist for long-term growth. The rising adoption of AI and machine learning presents opportunities for intelligent data management solutions. Strategic partnerships between storage providers and cloud service providers offer significant growth potential. Expansion into emerging markets with growing digital infrastructure is another promising avenue. Technological breakthroughs in areas like quantum computing and DNA storage open up entirely new possibilities for the future.
Leading Players in the Next-generation Storage Market Sector
- IBM Corporation IBM
- Fujitsu Ltd Fujitsu
- Toshiba Corp Toshiba
- Hewlett Packard Enterprise Company HPE
- Scality Inc Scality
- Hitachi Ltd Hitachi
- Netgear Inc Netgear
- Dell Inc Dell
- DataDirect Networks
- NetApp Inc NetApp
- Pure Storage Inc Pure Storage
Key Milestones in Next-generation Storage Market Industry
- September 2023: Kioxia introduces next-generation higher-performing JEDEC e-MMC Ver. 5.1-compliant embedded flash memory products, enhancing consumer applications.
- July 2023: Samsung Electronics announces the development of the industry's first GDDR7 DRAM, pushing the boundaries of graphics performance across various applications.
Strategic Outlook for Next-generation Storage Market Market
The next-generation storage market exhibits substantial long-term growth potential. Strategic investments in R&D, focusing on advanced technologies like NVMe and flash memory, are crucial. Expanding into new markets, particularly in developing economies, offers significant growth opportunities. Strategic partnerships and collaborations can facilitate wider market penetration and enhance product offerings. By focusing on innovation, customer needs, and strategic alliances, market participants can successfully navigate the competitive landscape and capitalize on the significant potential of the next-generation storage market.
Next-generation Storage Market Segmentation
-
1. Storage System
- 1.1. Direct Attached Storage (DAS)
- 1.2. Network Attached Storage (NAS)
- 1.3. Storage Area Network (SAN)
-
2. Storage Architecture
- 2.1. File and Object-based Storage (FOBS)
- 2.2. Block Storage
-
3. End User Industry
- 3.1. BFSI
- 3.2. Retail
- 3.3. IT and Telecom
- 3.4. Healthcare
- 3.5. Media and Entertainment
- 3.6. Other End-user Industries
Next-generation Storage Market Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. Rest of the World

Next-generation Storage Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.37% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 Increasing Volume of Digital Data; Rising Adoption of Solid-state Devices; Increasing Proliferation of Smartphones
- 3.2.2 Laptops
- 3.2.3 and Tablets
- 3.3. Market Restrains
- 3.3.1. Lack of Data Security in Cloud- and Server-based Services
- 3.4. Market Trends
- 3.4.1. Direct Attached Storage (DAS) to Witness Significant Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Storage System
- 5.1.1. Direct Attached Storage (DAS)
- 5.1.2. Network Attached Storage (NAS)
- 5.1.3. Storage Area Network (SAN)
- 5.2. Market Analysis, Insights and Forecast - by Storage Architecture
- 5.2.1. File and Object-based Storage (FOBS)
- 5.2.2. Block Storage
- 5.3. Market Analysis, Insights and Forecast - by End User Industry
- 5.3.1. BFSI
- 5.3.2. Retail
- 5.3.3. IT and Telecom
- 5.3.4. Healthcare
- 5.3.5. Media and Entertainment
- 5.3.6. Other End-user Industries
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Rest of the World
- 5.1. Market Analysis, Insights and Forecast - by Storage System
- 6. North America Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Storage System
- 6.1.1. Direct Attached Storage (DAS)
- 6.1.2. Network Attached Storage (NAS)
- 6.1.3. Storage Area Network (SAN)
- 6.2. Market Analysis, Insights and Forecast - by Storage Architecture
- 6.2.1. File and Object-based Storage (FOBS)
- 6.2.2. Block Storage
- 6.3. Market Analysis, Insights and Forecast - by End User Industry
- 6.3.1. BFSI
- 6.3.2. Retail
- 6.3.3. IT and Telecom
- 6.3.4. Healthcare
- 6.3.5. Media and Entertainment
- 6.3.6. Other End-user Industries
- 6.1. Market Analysis, Insights and Forecast - by Storage System
- 7. Europe Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Storage System
- 7.1.1. Direct Attached Storage (DAS)
- 7.1.2. Network Attached Storage (NAS)
- 7.1.3. Storage Area Network (SAN)
- 7.2. Market Analysis, Insights and Forecast - by Storage Architecture
- 7.2.1. File and Object-based Storage (FOBS)
- 7.2.2. Block Storage
- 7.3. Market Analysis, Insights and Forecast - by End User Industry
- 7.3.1. BFSI
- 7.3.2. Retail
- 7.3.3. IT and Telecom
- 7.3.4. Healthcare
- 7.3.5. Media and Entertainment
- 7.3.6. Other End-user Industries
- 7.1. Market Analysis, Insights and Forecast - by Storage System
- 8. Asia Pacific Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Storage System
- 8.1.1. Direct Attached Storage (DAS)
- 8.1.2. Network Attached Storage (NAS)
- 8.1.3. Storage Area Network (SAN)
- 8.2. Market Analysis, Insights and Forecast - by Storage Architecture
- 8.2.1. File and Object-based Storage (FOBS)
- 8.2.2. Block Storage
- 8.3. Market Analysis, Insights and Forecast - by End User Industry
- 8.3.1. BFSI
- 8.3.2. Retail
- 8.3.3. IT and Telecom
- 8.3.4. Healthcare
- 8.3.5. Media and Entertainment
- 8.3.6. Other End-user Industries
- 8.1. Market Analysis, Insights and Forecast - by Storage System
- 9. Rest of the World Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Storage System
- 9.1.1. Direct Attached Storage (DAS)
- 9.1.2. Network Attached Storage (NAS)
- 9.1.3. Storage Area Network (SAN)
- 9.2. Market Analysis, Insights and Forecast - by Storage Architecture
- 9.2.1. File and Object-based Storage (FOBS)
- 9.2.2. Block Storage
- 9.3. Market Analysis, Insights and Forecast - by End User Industry
- 9.3.1. BFSI
- 9.3.2. Retail
- 9.3.3. IT and Telecom
- 9.3.4. Healthcare
- 9.3.5. Media and Entertainment
- 9.3.6. Other End-user Industries
- 9.1. Market Analysis, Insights and Forecast - by Storage System
- 10. North America Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Europe Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1.
- 12. Asia Pacific Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1.
- 13. Rest of the World Next-generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1.
- 14. Competitive Analysis
- 14.1. Global Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 IBM Corporation
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Fujitsu Ltd
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Toshiba Corp
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Hewlett Packard Enterprise Company
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 Scality Inc
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Hitachi Ltd
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Netgear Inc
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 Dell Inc
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 DataDirect Networks
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.10 NetApp Inc
- 14.2.10.1. Overview
- 14.2.10.2. Products
- 14.2.10.3. SWOT Analysis
- 14.2.10.4. Recent Developments
- 14.2.10.5. Financials (Based on Availability)
- 14.2.11 Pure Storage Inc
- 14.2.11.1. Overview
- 14.2.11.2. Products
- 14.2.11.3. SWOT Analysis
- 14.2.11.4. Recent Developments
- 14.2.11.5. Financials (Based on Availability)
- 14.2.1 IBM Corporation
List of Figures
- Figure 1: Global Next-generation Storage Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: North America Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 3: North America Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 4: Europe Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 5: Europe Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Pacific Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Pacific Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Rest of the World Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 9: Rest of the World Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: North America Next-generation Storage Market Revenue (Million), by Storage System 2024 & 2032
- Figure 11: North America Next-generation Storage Market Revenue Share (%), by Storage System 2024 & 2032
- Figure 12: North America Next-generation Storage Market Revenue (Million), by Storage Architecture 2024 & 2032
- Figure 13: North America Next-generation Storage Market Revenue Share (%), by Storage Architecture 2024 & 2032
- Figure 14: North America Next-generation Storage Market Revenue (Million), by End User Industry 2024 & 2032
- Figure 15: North America Next-generation Storage Market Revenue Share (%), by End User Industry 2024 & 2032
- Figure 16: North America Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 17: North America Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 18: Europe Next-generation Storage Market Revenue (Million), by Storage System 2024 & 2032
- Figure 19: Europe Next-generation Storage Market Revenue Share (%), by Storage System 2024 & 2032
- Figure 20: Europe Next-generation Storage Market Revenue (Million), by Storage Architecture 2024 & 2032
- Figure 21: Europe Next-generation Storage Market Revenue Share (%), by Storage Architecture 2024 & 2032
- Figure 22: Europe Next-generation Storage Market Revenue (Million), by End User Industry 2024 & 2032
- Figure 23: Europe Next-generation Storage Market Revenue Share (%), by End User Industry 2024 & 2032
- Figure 24: Europe Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 25: Europe Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: Asia Pacific Next-generation Storage Market Revenue (Million), by Storage System 2024 & 2032
- Figure 27: Asia Pacific Next-generation Storage Market Revenue Share (%), by Storage System 2024 & 2032
- Figure 28: Asia Pacific Next-generation Storage Market Revenue (Million), by Storage Architecture 2024 & 2032
- Figure 29: Asia Pacific Next-generation Storage Market Revenue Share (%), by Storage Architecture 2024 & 2032
- Figure 30: Asia Pacific Next-generation Storage Market Revenue (Million), by End User Industry 2024 & 2032
- Figure 31: Asia Pacific Next-generation Storage Market Revenue Share (%), by End User Industry 2024 & 2032
- Figure 32: Asia Pacific Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 33: Asia Pacific Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
- Figure 34: Rest of the World Next-generation Storage Market Revenue (Million), by Storage System 2024 & 2032
- Figure 35: Rest of the World Next-generation Storage Market Revenue Share (%), by Storage System 2024 & 2032
- Figure 36: Rest of the World Next-generation Storage Market Revenue (Million), by Storage Architecture 2024 & 2032
- Figure 37: Rest of the World Next-generation Storage Market Revenue Share (%), by Storage Architecture 2024 & 2032
- Figure 38: Rest of the World Next-generation Storage Market Revenue (Million), by End User Industry 2024 & 2032
- Figure 39: Rest of the World Next-generation Storage Market Revenue Share (%), by End User Industry 2024 & 2032
- Figure 40: Rest of the World Next-generation Storage Market Revenue (Million), by Country 2024 & 2032
- Figure 41: Rest of the World Next-generation Storage Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Next-generation Storage Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Next-generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 3: Global Next-generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 4: Global Next-generation Storage Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 5: Global Next-generation Storage Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: Next-generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 9: Next-generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 11: Next-generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: Next-generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Global Next-generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 15: Global Next-generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 16: Global Next-generation Storage Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 17: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 18: Global Next-generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 19: Global Next-generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 20: Global Next-generation Storage Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 21: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Global Next-generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 23: Global Next-generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 24: Global Next-generation Storage Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 25: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 26: Global Next-generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 27: Global Next-generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 28: Global Next-generation Storage Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 29: Global Next-generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Next-generation Storage Market?
The projected CAGR is approximately 7.37%.
2. Which companies are prominent players in the Next-generation Storage Market?
Key companies in the market include IBM Corporation, Fujitsu Ltd, Toshiba Corp, Hewlett Packard Enterprise Company, Scality Inc, Hitachi Ltd, Netgear Inc, Dell Inc, DataDirect Networks, NetApp Inc, Pure Storage Inc.
3. What are the main segments of the Next-generation Storage Market?
The market segments include Storage System, Storage Architecture, End User Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD 66.67 Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Volume of Digital Data; Rising Adoption of Solid-state Devices; Increasing Proliferation of Smartphones. Laptops. and Tablets.
6. What are the notable trends driving market growth?
Direct Attached Storage (DAS) to Witness Significant Growth.
7. Are there any restraints impacting market growth?
Lack of Data Security in Cloud- and Server-based Services.
8. Can you provide examples of recent developments in the market?
September 2023 - Kioxia introduced Next Generation higher performing JEDEC e-MMC Ver. 5.1-compliant embedded flash memory products for consumer applications. The new products integrate a newer version of the company’s BiCS FLASH 3D flash memory and a controller in a single package, reducing processor workload and improving ease of use. It will be available in both 64 and 128 gigabytes.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Next-generation Storage Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Next-generation Storage Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Next-generation Storage Market?
To stay informed about further developments, trends, and reports in the Next-generation Storage Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence