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Next-Generation Data Storage Market - Analysis, Technologies & Forecasts to 2022 - Increasing Volume of Digital Data - Research and MarketsDUBLIN, Nov 11, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Next-Generation Data Storage Market - Global Forecast to 2022" report to their offering. The next-generation data storage market has entered the growth phase and is expected to grow further in the coming years. The market is expected to be valued at USD 144.76 billion by 2022, at a CAGR of 16.76% between 2016 and 2022. The drivers for this market are the increasing volume of digital data, increasing proliferation of smartphones, laptops, and tablets, and growth of the Internet of Things (IoT) market. The major restraint for this market is the lack of data security in cloud and server-based services. The market for cloud storage is expected to grow at the highest CAGR during the forecast period. The major factors driving the next-generation data storage market for cloud storage systems include increasing demand for hybrid cloud storage, growing need for enterprise mobility, and ease of deployment of cloud storage solutios. The demand for FOBS is growing because of its requirement in data center trends such as big data analytics, cloud storage technology, and so on. FOBS offers easy sync, share, and distribution of data. Through data management software, large amount of data can be stored at low cost on a read-only basis. Therefore, FOBS accounted for the largest share of the next-generation data storage market in 2015. The market in RoW is expected to grow at the highest CAGR because Brazil and other Middle Eastern countries are expected to grow considerably in manufacturing, energy, and other industries, generating demand for data storage. Companies Mentioned:
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Market, By Storage System 8 Market, By Storage Architecture 9 Market, By Storage Technology 10 Market, By End-User Industry 11 Market, By Geography 12 Competitive Landscape 13 Company Profiles 14 Appendix For more information about this report visit http://www.researchandmarkets.com/research/mc4x5q/nextgeneration Media Contact: Research and Markets Laura Wood, Senior Manager For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
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