Enterprise Storage Market Size, Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2028
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The global enterprise storage market research report provides an executive-level overview of the current enterprise storage market worldwide, with detailed forecasts of key indicators up to 2028. Published annually, the global enterprise storage market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key enterprise stoarge market trends as well as the technological developments that are shaping the enterprise storage landscape.
Scope
This outlook report analyses the current trends, drivers, and challenges impacting the enterprise storage market. The report outlines the evolution of enterprise storage, and identifies and assesses the best performing vendors in the market. This report also presents GlobalData’s view of the revenue opportunities in the enterprise storage market through to 2028, highlighting the market size and growth by technology, geography, and size band.
Key Highlights
The global enterprise storage market size was valued at $129.9 billion in 2023. The market is expected to grow at a CAGR of 6.9% during the forecast period (2023-2028). Digital transformation in enterprises with rising adoption of technologies like big data analytics and AI, which are typically associated with high-volume storage demands will especially drive demand for next generation data storage solutions and services.
According to GlobalData, enterpirse storage market would see majority share of its revenue come from network attached storage (NAS) segment over the forecast period. Revenue from NAS reached $31.2 billion in 2023 and is set to grow up to $41.6 billion in 2028 at a CAGR of 6%.
BFSI and manufacturing are the leading end-use vertical segment for enterprise storage, in terms of revenue contribution, and will remain so over the forecast period.
Asia-Pacific is the leading regional market with revenue estimated at $47.6 billion for 2023 and set to grow up to $66.6 billion by 2028 at a CAGR of 7%.
Reasons to Buy
This Global Outlook Report provides a comprehensive assessment of the enterprise storage market. It helps the reader to understand the enterprise storage market landscape, the recent trends, drivers, and challenges/inhibitors shaping the enterprise storage market.
– The report is exhaustive and up-to-date providing market opportunity forecasts in the enterprise storage market from 2023 to 2028, spanning technology segments (services), six regions, 22 verticals, and two size bands.
– The report provides an assessment of enterprise storage vendors.
Western Digital
Seagate
Micron
Dell
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