The Asia Pacific Next Generation Data Storage Market would witness market growth of 14.9% CAGR during the forecast period (2018 – 2024).
In order to save and retrieve data faster and more efficiently, next generation storage technologies are used. The Data Storage Technology Next Generation is an emerging market, where the need for storage of the data in small and medium sized companies is increasing. This technology supports growing needs for data storage on smartphones and PCs and laptops. The dynamic business industries and high use of cloud storage technologies are boosting the growth of the market in next generation data storage technologies. The major advantage of a next generation environment is to drive efficiencies in many areas from improved use to dynamic provisioning that help federal agencies achieve critical mission targets.
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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.