The North America Next Generation Data Storage Market would witness market growth of 11.5% CAGR during the forecast period (2018 – 2024).
The next generation storage technology is the latest technology which addresses the growing need for improved storage and management of data across multiple industries. With proliferation of internet usage, adoption of smartphone, and other means of communication like social media, the unstructured generation has risen, giving an upsurge to the necessity of effective data handling and storage. The growing volume of unstructured data in various industries has led to a growing demand for safe, reliable and economical storage facilities in North America. This region, which is the first to adopt advanced data storage technology, is the holder of the largest share of the next generation data storage market.
Based on Storage Architecture, the market is segmented into File & Object-Based Storage and Block Storage. Based on Storage System, the market is segmented into Storage Area Network, Direct-Attached Storage, and Network-Attached Storage. Based on Storage Medium, the market is segmented into HDD, SSD, and Tape. Based on End User, the market is segmented into Enterprise, Government Bodies, Telecom Companies, and Others.Enterprises segment has been further bifurcated into BFSI, Healthcare & Life Sciences, Media & Entertainment, Manufacturing, Retail & Consumer Goods, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett Packard Enterprise, Dell technologies Inc., IBM Corporation, Toshiba Corporation, Samsung Electronics, Netapp, Inc., Pure storage Inc., Netgear, Inc., Western Digital Corporation, and Hitachi, Ltd.