The LAMEA Next Generation Data Storage Market Size would witness market growth of 16.8% CAGR during the forecast period (2018 – 2024).
As digital data generated and collected continue to exponentially grow, enterprises need to integrate new storage technology and processes. However, the challenge goes far beyond the capacity for storage. The real objective of company storage is to turn the data centre into a strategic business asset. And this is achieved through tools and services to standardize the value of the data of enterprises. In the coming years, it can therefore be concluded that the need for this technology would rapidly increase in the LAMEA region.
The telecommunications industry is a potent user of large-scale databases mainly because of the rich data and highly competitive environment around the world. For a telecom company to succeed in this competition industry, efficient use of data science is a must. The worldwide telecoms industry finds itself in an extremely complex environment with decreased margins and congested networks. Teleservices have started to embrace big data in an effort to survive and have a lead over their competitors.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Scope of the Study
Market Segmentation:
By Storage Architecture
By Storage System
By Storage Medium
By End User
By Country
Companies Profiled
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