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The data center flash storage market is expected to reach around $25 billion, growing at a CAGR of nearly about 17% during 2018-2014NEW YORK, May 16, 2019 /PRNewswire/ -- The data center flash storage market is expected to reach around $25 billion, growing at a CAGR of nearly about 17% during 2018–2014. Data Center Flash Storage Market: Segmentation This market research report includes a detailed segmentation of the data center flash storage market by systems, industries, and geography. Storage Area Network (SAN), Network Attached Storage (NAS), and Direct Attached Storage (DAS) are the three significant system architecture in the data center environment. The SAN segment has dominated the market and is expected to grow at a CAGR of around 18% during the forecast period. SAN systems enable the block-level access to data and are based on the interconnection scheme such as FC SAN and iSCSI SAN. FC SAN enables communication between the server and the external storage system at a speed of 2?32 Gbps, whereas iSCSI SAN communication can be achieved over the Ethernet network. SAN is one of the most common storage networking architectures used for business-critical applications for high throughput and low latency. The advent of flash storage solutions has prompted vendors to redesign their SAN systems to support hybrid disk and all-flash-only storage systems. Cloud/IT services, BFSI, healthcare, media and entertainment, and others are the prominent end-users of the data center flash storage market. Cloud/IT services are dominating the market and are expected to grow at a CAGR of 18% during 2018–2024. These services are offered cloud service providers (CSPs) and other managed hosting services providers. Cloud/IT services are offered as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Cloud service providers procure of a variety of systems that include all-flash SAN, NAS, and server-side SSD products. They are constantly innovating their systems and architecture to increase the effectiveness of flash systems in data centers. Amazon Web Services, Google, Alibaba, and Microsoft are a few leading cloud service providers worldwide. Market Segmentation by Systems • Direct Attached Storage (DAS) • Storage Area Networking (SAN) • Network Attached Storage (NAS) Market Segmentation by Industries • Cloud/IT services • BFSI • Healthcare • Retail • Others Data Center Flash Storage Market: Geography The US is a leading country for data center flash storage adoption, followed by Germany, China, the UK, and Japan. The data center market in US is growing due to investments from colocation providers, hyperscale data center operators, enterprises, and government agencies. Growing internet penetration, increasing the use of social media, rising smartphone penetration, increasing adoption of the public cloud and hybrid cloud services. The adoption of all-flash storage solutions has increased in several industries, and the growing internet traffic, coupled with infrastructure supporting IoT and artificial intelligence workloads in data centers, will increase all-flash adoption during the forecast period in existing and new facilities. Market Segmentation by Geography • Americas o US o Canada o Latin America • Europe o UK o Germany o France • APAC o China o Japan o India • MEA o GCC o South Africa Key Vendor Analysis Vendors in the all-flash storage market are continuing to upgrade and innovate their system efficiency to perform storage tasks such as replication, deduplication, and thin provisioning. All major players in the storage market have reinvented their portfolio to add NVMe-based storage systems, which are likely to gain a major share in the overall data center flash storage market during the forecast period. QLC NAND technology is expected to witness high adoption with the reduction in the SSD cost in the market. Leading industry players are also concentrating on offering systems that support a mix workload environment such as cloud, big data, artificial intelligence, and IoT application workloads. The report profiles the leading players in the market and provides a complete market share analysis of the data center flash storage market in terms of system revenue and SSD capacity shipment. Major Vendors • Dell Technologies • Hewlett Packard Enterprise • International Business Machines (IBM) • NetApp • Pure Storage Other prominent vendors are AccelStor, Avere Systems, DataDirect Networks (DDN), Fujitsu, Hitachi Vantara, Huawei, Infortrend Technology, Inspur Group, Intel, Kaminario, Lenovo, Micron, Mitac International, Nimbus Data, Pivot3, QNAP, Quanta Cloud Technology, Samsung, Seagate, SK Hynix (SK Group), Super Micro Computer, Synology, Toshiba, Violin System, Western Digital, and Wiwynn. Key Market Insights • Offers market sizing and growth prospects of the data center flash storage market for the forecast period 2019–2024 • Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the data center flash storage market.It includes a detailed analysis of market growth drivers, challenges, and investment opportunities • Delivers a complete overview of market segments and the regional outlook of the data center flash storage market • Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the data center flash storage market Download the full report: https://www.reportbuyer.com/product/5776123/?utm_source=PRN About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-data-center-flash-storage-market-is-expected-to-reach-around-25-billion-growing-at-a-cagr-of-nearly-about-17-during-20182014-300852129.html SOURCE ReportBuyer |