Storage Systems Market, By Deployment, By Storage System, By Application, By Geography

Description

The global storage systems market is estimated to be valued at USD 67.9 Bn in 2025 and is expected to reach USD 130.4 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.8% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 67.9 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	9.80%	2032 Value Projection:	USD 130.4 Bn

Figure. Storage Systems Market Share (%), By Region, 2025

The global storage systems market has been growing steadily over the past few years. Storage systems refer to hardware infrastructure used by enterprises, data centers and individuals to store data for various end-use applications. Rapid digitization across industries has led to exponential growth in the volume of data generated worldwide. This has necessitated deploying efficient storage solutions to handle such large amounts of data securely and cost-effectively. Additionally, the rise of cutting-edge technologies such as artificial intelligence, machine learning, 5G, edge computing and blockchain is fueling demand for scalable, high-performance storage infrastructure. With data projected to continue proliferating over the coming years, the global storage systems industry is anticipated to experience significant expansion.

Market Dynamics:

Proliferation of digital data across industries has been a key growth driver for the global storage systems market. The rising adoption of cloud computing, IT infrastructure modernization and demand for big data analytics solutions have also boosted demand. Furthermore, factors such as increasing investments by data centers to enhance storage capacities, growing popularity of hyperconverged and software-defined storage, and emergence of high-speed networking technologies are creating lucrative opportunities. However, high initial investment requirements and maintenance costs associated with storage systems pose challenges. Stringent regulatory protocols regarding data security and privacy are also restraining market growth. Innovation in storage technologies including cloud-based, all-flash and software-defined solutions are expected to present attractive prospects in the coming years.

Key features of the study:

This report provides in-depth analysis of the global storage systems market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global storage systems market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include (Dell Technologies, Hewlett Packard Enterprise, Huawei Technologies, Hitachi, EMC Corporation, NetApp)

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global storage systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global storage systems market.

Market Segmentation

Deployment Insights (Revenue, USD, 2020 - 2032)
- On-premises
- Cloud
Storage System Insights (Revenue, USD, 2020 - 2032)
- Direct Attached Storage (DAS)
- Network Attached Storage (NAS)
- Storage Area Network (SAN)
Application Insights (Revenue, USD, 2020 - 2032)
- BFSI
- IT and Telecom
- Media and Entertainment
- Automotive
- Government and Public sector
- Others
Regional Insights (Revenue, USD, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Cisco Systems, Inc.
- Dell Technologies
- EMC Corporation (now part of Dell Technologies)
- Hewlett Packard Enterprise (HPE)
- Hitachi Vantara
- IBM Corporation
- Kingston Technology
- Microsoft Corporation (Azure Storage)
- NetApp, Inc.
- Oracle Corporation
- Pure Storage, Inc.
- Samsung Electronics
- Seagate Technology
- Toshiba Corporation
- Western Digital Corporation

Product Code: CMI7731

1. RESEARCH OBJECTIVES AND ASSUMPTIONS

Research Objectives
Assumptions
Abbreviations

2. MARKET PURVIEW

Report Description
- Market Definition and Scope
Executive Summary
- Global Storage Systems Market, By Deployment
- Global Storage Systems Market, By Storage System
- Global Storage Systems Market, By Application

3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Storage Systems Market, By Deployment, 2025-2032, (USD)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
On-premises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)

5. Global Storage Systems Market, By Storage System, 2025-2032, (USD)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Direct Attached Storage (DAS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Network Attached Storage (NAS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Storage Area Network (SAN)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)

6. Global Storage Systems Market, By Application, 2025-2032, (USD)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
BFSI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
IT and Telecom
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Media and Entertainment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Government and Public sector
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)

7. Global Storage Systems Market, By Region, 2020 - 2032, Value (USD)

Introduction
- Market Share (%) Analysis, 2025,2028 & 2032, Value (USD)
- Market Y-o-Y Growth Analysis (%), 2020 - 2032, Value (USD)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Deployment , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Storage System , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Application , 2020 - 2032, Value (USD)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, By Deployment , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Storage System , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Application , 2020 - 2032, Value (USD)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Deployment , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Storage System , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Application , 2020 - 2032, Value (USD)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Deployment , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Storage System , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Application , 2020 - 2032, Value (USD)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Deployment , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Storage System , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Application , 2020 - 2032, Value (USD)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Deployment , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Storage System , 2020 - 2032, Value (USD)
- Market Size and Forecast, By Application , 2020 - 2032, Value (USD)
South Africa
North Africa
Central Africa

8. COMPETITIVE LANDSCAPE

Cisco Systems, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Dell Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
EMC Corporation (now part of Dell Technologies)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hewlett Packard Enterprise (HPE)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hitachi Vantara
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IBM Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kingston Technology
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Microsoft Corporation (Azure Storage)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
NetApp, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Oracle Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Pure Storage, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Samsung Electronics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Seagate Technology
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Toshiba Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Western Digital Corporation

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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