According to a market report by Lucintel, the future of the global AI-powered storage market looks promising with opportunities in the enterprise, government, cloud service provider, and telecom markets. The global AI-powered storage market is expected to reach an estimated $73.6 billion by 2030 from $22.5 billion in 2023, at a CAGR of 21.8% from 2024 to 2030. The major drivers for this market are enormous increase in data volumes, growing demand for modernized storage architecture in enterprise infrastructure, and rising use of cloud-based services.
A more than 150-page report to understand trends, opportunity and forecast in AI-powered storage market to 2030 by offering (hardware and software), storage system (direct-attached storage (DAS), network-attached storage (NAS), and storage area network (SAN)), storage medium (hard disk drive (HDD) and solid state drive (SSD)), end use industry (enterprises, government, cloud service providers, and telecom), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that storage area network is expected to witness highest growth over the forecast period due to its significant usage among small- and mid-sized companies given to their low implementation costs and ability to virtualize datacenters.
North America is expected to witness highest growth over the forecast period due to presence of top data storage companies, existence of tech-savvy population, and rapid digitalization in the region.
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Intel, NVIDIA, IBM, Pure Storage, NetApp, Micron Technology, CISCO, Dell Technologies, HPE are the major suppliers in the AI-powered storage market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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