PUBLISHER: TechNavio | PRODUCT CODE: 1697324
PUBLISHER: TechNavio | PRODUCT CODE: 1697324
The enterprise flash storage market is forecasted to grow by USD 27695.5 mn during 2024-2029, accelerating at a CAGR of 27.5% during the forecast period. The report on the enterprise flash storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for high-performance storage solutions, growing adoption of virtualization and cloud computing, and rapidly expanding digitalization and need for faster data access and processing.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 17.3% |
CAGR | 27.5% |
Incremental Value | $27695.5 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's enterprise flash storage market is segmented as below:
By Application
By Type
By Product Type
By Capacity
By Geographical Landscape
This study identifies the adoption of non-volatile memory express (NVMe) technology as one of the prime reasons driving the enterprise flash storage market growth during the next few years. Also, increasing use of software-defined storage (SDS) and hyper-converged infrastructure (HCI) and growing deployment of all-flash arrays (AFA) and hybrid flash arrays (HFA) will lead to sizable demand in the market.
The report on the enterprise flash storage market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading enterprise flash storage market vendors that include Broadcom Inc., Cisco Systems Inc., Datrox Computer Technologies Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Infortrend Technology Inc., Intel Corp., International Business Machines Corp., Kioxia Corp., Lenovo Group Ltd., NetApp Inc., Nimbus Data Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Seagate Technology LLC, StorCentric Inc., and Western Digital Corp.. Also, the enterprise flash storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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