As the global economy recovers in 2021 and the supply of the industrial chain improves, the next-generation storage market will undergo major changes. The next-generation storage market is expected to grow at a CAGR of 11.7% over the forecast period. With the sizeable and exponential growth in the digital world, there has been an accelerating development in the field of cloud computing, Big Data, mobile services, and social networking applications. Next-generation storage technology deals with an advanced portfolio of products and solutions, which help store data across various end-user industries, including IT firms, automotive companies, and data centres. With the increasing file sizes and a massive amount of big and unstructured data, IT companies face plenty of problems while dealing with data management.

The global next-generation storage industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global next-generation storage market during the next few years. The global next-generation storage market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.

Highlights-Regions

The next-generation storage market can be split based on product types, major applications, and important regions as follows:

North America
Europe
Asia Pacific
Latin America

Player list
Dell Inc.
Hewlett Packard Enterprise Company
NetApp Inc.
Hitachi Ltd
IBM Corporation

Types list
Direct Attached Storage (DAS)
Network Attached Storage (NAS)
Storage Area Network (SAN)

Application list
BFSI
Retail
IT and Telecom
Healthcare
Media and Entertainment
Other End-user Industries