PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1400985
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1400985
Asia Pacific Next Generation Data Storage Market, By Type, By Storage Technology, By Application, and By Country - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Asia Pacific Next Generation Data Storage Market size was valued at USD 18,210 Million in 2022, expanding at a CAGR of 7.5% from 2023 to 2030.
Next-gen storage solution allows for scalable storage and treatment of the vast amount of unstructured data generated, next-generation data storage is being widely used. A wide range of businesses, including retail, BFSI, and healthcare, use next-generation data storage. Next-generation data storage technology helps to enable dependable, safe, and quick data recovery in an economical way in addition to securely managing massive amounts of data.
Next Generation Data Storage Market- Market Dynamics
The rising demand from big data and cloud computing, are expected to propel market demand
Mobile services, Big Data, cloud computing, and social networking apps have all seen rapid development in tandem with the significant and exponential rise of the digital world. The enhanced spectrum of products and solutions that next-generation storage technology offers helps store data for a variety of end-user industries, such as data centers, IT corporations, and automobile manufacturers. IT firms have a lot of challenges when it comes to data management because of the growing file sizes and vast amounts of unstructured and Big Data. With a wide range of applications spanning business data storage, big data storage, and other cloud-based services, the next-generation storage technology market is making its way into the information technology industry. The top and bottom lines can be greatly impacted by storage and how it is handled. Thus, IT companies are moving towards investing in storage technologies.
Next Generation Data Storage Market- Key Insights
As per the analysis shared by our research analyst, the Asia Pacific market is estimated to grow annually at a CAGR of around 7.5% over the forecast period (2023-2030)
Based on Type segmentation, Direct Attached Storage (DAS) segment was predicted to show maximum market share in the year 2022, Direct Attached Storage (DAS) is the oldest and most widely used conventional data storage system with better benefits.
Based on Storage Technology segmentation, hard disc drives was the leading market in 2022, due to increasing adoption in computer and other peripherals.
Based on Application segmentation, IT & telecom was the leading market in 2022, due to increasing demand from data analytics, and storage needs in IT sector.
On the basis of country, India held significant revenue share in 2022 mainly due to the growing IT sector and digitization.
Next Generation Data Storage Market- Segmentation Analysis:
The Asia Pacific Next Generation Data Storage Market is segmented on the basis of Type, Storage Technology, Application, and Region.
The market is divided into four categories based on Type: Direct Attached Storage (DAS), Network Attached Storage (NAS), Storage Area Network (SAN), others. The Direct Attached Storage (DAS), dominate the market. The rise in digitization in residential and commercial places due to the upsurge in mobile computing devices is driving the market growth.
The market is divided into four categories based on Storage Technology: Hard Disk Drive, Magnetic Tape, All-Flash Array, Hybrid Flash Array. The hard disc drive dominates the market and is likely to maintain its dominance during the forecast period. Growing demand for improved options for storing and managing their data has a positive impact on the growth of hard disc drives, boosting the segment growth.
The market is divided into eight categories based on Application: BFSI, retail, healthcare, media and entertainment, manufacturing, government, IT and telecom, and others. IT & telecom segment held the largest share in 2022. The increase in the penetration of IoT in IT and BFSI industries is mainly boosting the market growth.
Next Generation Data Storage Market- Country Insights
Country wise, this market is widespread into India, China, South Korea, Japan, Australia, Thailand, Indonesia, Philippines, Malaysia, Taiwan, Vietnam, Hong Kong, New Zealand, Singapore, Myanmar, and the rest of the Asia-Pacific (APAC) region.
Next Generation Data Storage Market- Competitive Landscape:
The largest installed density of IoT devices globally is found in Asia Pacific region. Notably, at least one IoT device is owned by 67% of the households in the area. User-generated data and growing Internet traffic further support the market's expansion. Currently, a few numbers of major competitors' control most of the market share. But because to advancements in memory packaging technology, a growing number of businesses are expanding into hitherto unexplored emergent market segments.
Recent Developments:
In May 2022, TerraMaster, released a new 8-bay Direct Attached Storage (DAS) appliance for customers who require a central location to store large amounts of data.
In April 2022, Google LLC announced plans to invest USD 9.5 billion in data centers and offices worldwide.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC NEXT GENERATION DATA STORAGE MARKET KEY PLAYERS
FUJITSU
IBM
Microchip Technology Inc.
4DS Memory Limited
Nantero
SAMSUNG
Rambus
SK HYNIX INC.
Spin Memory Inc.
NXP Semiconductors
Toshiba Corporation
NetApp
Dell Inc.
TerraMaster
Hitachi Limited
Others
ASIA PACIFIC NEXT GENERATION DATA STORAGE MARKET, BY TYPE
Direct Attached Storage (DAS)
Network Attached Storage (NAS)
Storage Area Network (SAN)
Others
ASIA PACIFIC NEXT GENERATION DATA STORAGE MARKET, BY STORAGE TECHNOLOGY
Hard Disk Drive
Magnetic Tape
All-Flash Array
Hybrid Flash Array
ASIA PACIFIC NEXT GENERATION DATA STORAGE MARKET, BY APPLICATION
BFSI
Retail
Healthcare
Media and entertainment
Manufacturing
Government
IT and telecom
Others
ASIA PACIFIC NEXT GENERATION DATA STORAGE MARKET, BY REGION
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Malaysia
Taiwan
Vietnam
Hong Kong
New Zealand
Singapore
Myanmar
Rest of APAC
Table of Contents
1. Asia Pacific Next Generation Data Storage Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Asia Pacific Next Generation Data Storage Market Snippet by Type
- 2.1.2. Asia Pacific Next Generation Data Storage Market Snippet by Storage Technology
- 2.1.3. Asia Pacific Next Generation Data Storage Market Snippet by Application
- 2.1.4. Asia Pacific Next Generation Data Storage Market Snippet by Country
- 2.1.5. Asia Pacific Next Generation Data Storage Market Snippet by Region
- 2.2. Competitive Insights
3. Next Generation Data Storage Key Market Trends
- 3.1. Asia Pacific Next Generation Data Storage Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Asia Pacific Next Generation Data Storage Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Asia Pacific Next Generation Data Storage Market Opportunities
- 3.4. Asia Pacific Next Generation Data Storage Market Future Trends
4. Next Generation Data Storage Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Asia Pacific Next Generation Data Storage Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Asia Pacific Next Generation Data Storage Market Landscape
- 6.1. Asia Pacific Next Generation Data Storage Market Share Analysis, 2022
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Asia Pacific Next Generation Data Storage Market - By Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2022 & 2030 (%)
- 7.1.2. Direct Attached Storage (DAS)
- 7.1.3. Network Attached Storage (NAS)
- 7.1.4. Storage Area Network (SAN)
- 7.1.5. Others
8. Asia Pacific Next Generation Data Storage Market - By Storage Technology
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Storage Technology, 2022 & 2030 (%)
- 8.1.2. Hard Disk Drive
- 8.1.3. Magnetic Tape
- 8.1.4. All-Flash Array
- 8.1.5. Hybrid Flash Array
9. Asia Pacific Next Generation Data Storage Market - By Application
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Application, 2022 & 2030 (%)
- 9.1.2. BFSI
- 9.1.3. Retail
- 9.1.4. Healthcare
- 9.1.5. Media and entertainment
- 9.1.6. Manufacturing
- 9.1.7. Government
- 9.1.8. IT and telecom
- 9.1.9. Others
10. Asia Pacific Next Generation Data Storage Market- By Country
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Country, 2022 & 2030 (%)
- 10.2. Asia Pacific
- 10.2.1. Overview
- 10.2.2. Next Generation Data Storage Key Manufacturers in Asia Pacific
- 10.2.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 10.2.4. Asia Pacific Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.5. Asia Pacific Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.6. Asia Pacific Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.7. India
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.7.3. India Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.7.4. India Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.7.5. India Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.8. China
- 10.2.8.1. Overview
- 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.8.3. China Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.8.4. China Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.8.5. China Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.9. South Korea
- 10.2.9.1. Overview
- 10.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.9.3. South Korea Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.9.4. South Korea Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.9.5. South Korea Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.10. Japan
- 10.2.10.1. Overview
- 10.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.10.3. Japan Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.10.4. Japan Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.10.5. Japan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.11. Australia
- 10.2.11.1. Overview
- 10.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.11.3. Australia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.11.4. Australia Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.11.5. Australia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.12. Thailand
- 10.2.12.1. Overview
- 10.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.12.3. Thailand Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.12.4. Thailand Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.12.5. Thailand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.13. Indonesia
- 10.2.13.1. Overview
- 10.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.13.3. Indonesia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.13.4. Indonesia Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.13.5. Indonesia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.14. Philippines
- 10.2.14.1. Overview
- 10.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.14.3. Philippines Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.14.4. Philippines Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.14.5. Philippines Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.15. Malaysia
- 10.2.15.1. Overview
- 10.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.15.3. Malaysia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.15.4. Malaysia Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.15.5. Malaysia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.16. Taiwan
- 10.2.16.1. Overview
- 10.2.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.16.3. Taiwan Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.16.4. Taiwan Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.16.5. Taiwan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.17. Vietnam
- 10.2.17.1. Overview
- 10.2.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.17.3. Vietnam Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.17.4. Vietnam Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.17.5. Vietnam Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.18. Hong Kong
- 10.2.18.1. Overview
- 10.2.18.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.18.3. Hong Kong Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.18.4. Hong Kong Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.18.5. Hong Kong Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.19. New Zealand
- 10.2.19.1. Overview
- 10.2.19.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.19.3. New Zealand Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.19.4. New Zealand Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.19.5. New Zealand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.20. Singapore
- 10.2.20.1. Overview
- 10.2.20.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.20.3. Singapore Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.20.4. Singapore Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.20.5. Singapore Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.21. Myanmar
- 10.2.21.1. Overview
- 10.2.21.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.21.3. Myanmar Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.21.4. Myanmar Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.21.5. Myanmar Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.22. Rest of APAC
- 10.2.22.1. Overview
- 10.2.22.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.22.3. Rest of APAC Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
- 10.2.22.4. Rest of APAC Market Size and Forecast, By Storage Technology, 2018 - 2030 (US$ Million)
- 10.2.22.5. Rest of APAC Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
11. Key Vendor Analysis- Asia Pacific Next Generation Data Storage Industry
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. Fujitsu
- 11.2.2. IBM
- 11.2.3. Microchip Technology Inc.
- 11.2.4. 4DS Memory Limited
- 11.2.5. Nantero
- 11.2.6. SAMSUNG
- 11.2.7. Rambus
- 11.2.8. SK HYNIX INC.
- 11.2.9. Spin Memory Inc.
- 11.2.10. NXP Semiconductors
- 11.2.11. Toshiba Corporation
- 11.2.12. NetApp
- 11.2.13. Dell Inc.
- 11.2.14. TerraMaster
- 11.2.15. Hitachi Limited
- 11.2.16. Others
12. 360 Degree Analyst View
13. Appendix
- 13.1. Research Methodology
- 13.2. References
- 13.3. Abbreviations
- 13.4. Disclaimer
- 13.5. Contact Us
