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.
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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.
AI- Powered Storage Market Segmentation
On the basis of Offering
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
- Government Bodies
- Cloud Service Providers
- Telecom Companies
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o 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 in 2020 and 2021; 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 are 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 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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