US Data Center Storage Market Trends, Share, Size, Revenue, Competition and Future Outlook
United States Data Center Storage Market Growth, Size, Trends Analysis- By Deployment, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: IACT24175 | Pages: 1 - 104 | Formats*: |
| Category : Information & Communications Technology | |||
United States Data Center Storage Market Introduction and Overview
According to SPER Market Research, the United States Data Center Storage Market is estimated to reach USD 37.07 billion by 2033 with a CAGR of 9.19%.
The report includes an in-depth analysis of the United States Data Center Storage Market, including market size and trends, product mix, applications, and supplier analysis. The technology and infrastructure used to store, organise, and retrieve data in a data centre setting is referred to as data centre storage. This covers software for data management, backup, and retrieval in addition to hardware including servers, storage arrays, and networking gear. Providing dependable, scalable, and high-performance storage solutions to meet enterprises' computing demands is the aim of data centre storage.
- September 2023: The well-known enterprise storage solutions provider Infinidat has announced the release of two new, noteworthy improvements that expand and improve the business's enterprise storage capacity and all-flash capabilities. For the InfiniBox platform, Infinidat introduced SSA Express Software, which offers a quick, all-flash engine built into the hybrid array. Businesses no longer need to purchase individual siloed flash arrays since SSA Express Software helps with smaller applications and workloads that demand higher performance at low speed.
Market Opportunities and Challenges
Opportunities: The market for data centre storage is significantly driven by the increasing reliance on artificial intelligence (AI) and machine learning (ML) technologies. The need for storage capacity has expanded as a result of these data-intensive applications, which need large datasets for inference and training. Furthermore, real-time data access is required for many AI applications, which emphasises the significance of high-performance storage options that can keep up with processing demands. Data storage technology is evolving as a result of this need for speed and efficiency. The growing popularity of cloud computing is due to its ability to provide scalable storage solutions that can adjust to changing demand. Small and medium-sized enterprises, who frequently find cloud-based storage to be more affordable than conventional on-premises solutions, especially benefit from this flexibility. Cloud companies also have strong security measures in place, which improves compliance and data protection. The market for data centre storage is further driven by the growing need for dependable and secure cloud storage as more and more businesses move to the cloud.
Challenges: Organisations must deal with the significant infrastructure expenses of constructing and maintaining data centres in addition to data management issues. These expenditures add to overall operating expenses and include not only investments in software and hardware but also substantial energy use. The intricacy of overseeing and enhancing storage infrastructure necessitates certain competencies, exacerbating the situation as enterprises compete for skilled personnel in a competitive labour market. The quick speed at which technology is developing might make current storage solutions outdated and require expensive upgrades or replacements, which makes the talent shortage worse. In addition to these difficulties, sensitive data must be protected from cyberattacks and data breaches, which necessitates strong security measures.
Market Competitive Landscape
Major firms including IBM Corporation, Dell Technologies, Oracle, Western Digital Corporation, and Intel Corporation dominate the competitive landscape of the U.S. data centre storage market. These businesses use their vast resources and technological know-how to provide cutting-edge storage solutions that are customised to meet the various needs of their clients.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Deployment, By Application |
| Regions covered | Northeast, South, Midwest, West |
| Companies Covered | IBM Corporation, Dell Technologies, Oracle, Western Digital Corporation, Intel Corporation, AVADirect Custom Computers, Trend Micro Incorporated, Egenera. |
COVID-19 Impact on United States Data Center Storage Market
The COVID-19 epidemic had a significant influence on the data center storage market. Lockdowns and remote work led to an increase in demand for secure data centres. Providers immediately expanded to accommodate new demands and invested in cutting-edge equipment to enable growing online activities such as e-commerce and video streaming. To support cloud-based applications and virtual meetings, remote workers required reliable data centre storage. Businesses have to expand their data centres to offer seamless connectivity for remote personnel. This move to remote work has also spurred digital transformation, with businesses adopting cloud computing and data analytics at an unprecedented rate, increasing demand for scalable data centre solutions.
Key Target Audience
- Enterprise IT Departments
- Cloud Service Providers
- E-commerce Platforms
- Healthcare and Life Sciences
- Media and Entertainment
- Financial Institutions
- Government Agencies
- Telecommunications Companies
- Educational Institutions
- Managed Service Providers (MSPs)
Our in-depth analysis of the United States Data Center Storage Market includes the following segments:
| By Deployment: | |
| By Application: | |
| By Region: |
Key Topics Covered in the Report
- United States Data Center Storage Market Size (FY’2024-FY’2033)
- Overview of United States Data Center Storage Market
- Segmentation of United States Data Center Storage Market By Deployment {Storage Area Network (SAN) System, Network-attached storage (NAS) System, Direct-Attached Storage (DAS) System}
- Segmentation of United States Data Center Storage Market By Application (IT and Telecommunications, BFSI, Government, Healthcare, Others)
- Statistical Snap of United States Data Center Storage Market
- Expansion Analysis of United States Data Center Storage Market
- Problems and Obstacles in United States Data Center Storage Market
- Competitive Landscape in the United States Data Center Storage Market
- Impact of COVID-19 and Demonetization on United States Data Center Storage Market
- Details on Current Investment in United States Data Center Storage Market
- Competitive Analysis of United States Data Center Storage Market
- Prominent Players in the United States Data Center Storage Market
- SWOT Analysis of United States Data Center Storage Market
- United States Data Center Storage Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Data Center Storage Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Data Center Storage Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Data Center Storage Market
7. United States Data Center Storage Market, By Deployment (USD Million) 2020-2033
7.1. United States Data Center Storage Market Size, Share and Forecast, By Deployment, 2020-20267.2. United States Data Center Storage Market Size, Share and Forecast, By Deployment, 2027-20337.3. Storage Area Network (SAN) System7.4. Network-attached storage (NAS) System7.5. Direct-Attached Storage (DAS) System)
8. United States Data Center Storage Market, By Application (USD Million) 2020-2033
8.1. United States Data Center Storage Market Size, Share and Forecast, By Application, 2020-20268.2. United States Data Center Storage Market Size, Share and Forecast, By Application, 2027-20338.3. IT and Telecommunications8.4. BFSI8.5. Government8.6. Healthcare8.7. Others
9. United States Data Center Storage Market Forecast, 2020-2033 (USD Million)
9.1. United States Data Center Storage Market Size and Market Share
10. United States Data Center Storage Market, By Region, 2020-2033 (USD Million)
10.1. United States Data Center Storage Market Size and Market Share By Region (2020-2026)10.2. United States Data Center Storage Market Size and Market Share By Region (2027-2033)10.3. Northeast10.4. South10.5. Midwest10.6. West
11. Company Profile
11.1. IBM Corporation
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Dell Technologies
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Oracle
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Western Digital Corporation
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Intel Corporation
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. AVADirect Custom Computers
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Trend Micro Incorporated
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Egenera
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The key players in the Market include Companies Covered IBM Corporation, Dell Technologies, Oracle, Western Digital Corporation, Intel Corporation, AVADirect Custom Computers, Trend Micro Incorporated, Egenera.
The technology and infrastructure used to store, organise, and retrieve data in a data centre setting is referred to as data centre storage.
United States Data Center Storage Market is projected to reach USD 37.07 billion by 2033, growing at a CAGR of 9.19% during the forecast period.
United States Data Center Storage Market grew in Market size from 2022. The Market is expected to reach USD 37.07 billion by 2033, at a CAGR of 9.19% during the forecast period.
United States Data Center Storage Market CAGR of 9.19% during the forecast period.
You can get the sample pages by clicking the link - Click Here
United States Data Center Storage Market size is USD 37.07 billion from 2024 to 2033.
United States Data Center Storage Market Segment is covered By Deployment, By Application.
The North America is anticipated to have the highest Market share in the United States Data Center Storage Market.
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