All Flash Array Market to grow by USD 31.03 billion between 2022 - 2027 | Growth Driven by Increasing Adoption of SSDs in laptops, gaming, and high-end PCs - Technavio
NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The All Flash Array Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the all-flash array market between 2022 and 2027 is USD 31.03 billion. The increasing adoption of SSDs in laptops and gaming and high-end PCs drives the all-flash array market. Laptop manufacturers adopt SSDs due to their several benefits such as faster booting, faster processing speed, low power consumption, and small size, as well as the growing demand for thin and compact laptops. In August 2021, Micron Technology, Inc. launched Crucial P5 Plus PCIe SSDs as an expansion of its NVMe SSD portfolio to offer high-performance internal Gen4 storage options to end-users. Also, factors like the growing demand for optimized and power-efficient laptops are also contributing to the market growth. Hence, such factors drive the growth of the all-flash array market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The all flash array market is segmented by Type (Solid-state drives and Custom flash modules), End-user (Enterprises, HDCs, and CSPs), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).
Key Companies in the all flash array market:
CMS Distribution, DataDirect Networks Inc., Dell Technologies Inc., Furukawa Electric Co. Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., ionir inc., Lenovo Group Ltd., MacroSAN Technology Co. Ltd., Micron Technology Inc., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Quantum Corp., Veritas Technologies LLC, VIOLIN Systems LLC, Western Digital Corp.
The enterprise flash storage market size is estimated to grow at a CAGR of 13.5% between 2022 and 2027. The market size is forecast to increase by USD 7,971.55 million.
The NAND flash market size is estimated to grow at a CAGR of 6.51% between 2022 and 2027. The market size is forecast to increase by USD 24 billion.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by End-user
Market Segmentation by Geography
Drivers, Challenges, & Trends
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