The Latin America, Middle East and Africa Storage Area Artificial Intelligence Network Market would witness market growth of 26.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Storage Area Artificial Intelligence Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,371.6 million by 2031. The Argentina market is showcasing a CAGR of 28.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 25.4% during (2024 - 2031).
The escalating demand for extensible and flexible infrastructure is a direct consequence of the exponential increase in data generation and the intricacies of contemporary IT environments. AI-enabled Storage Area Networks provide a seamless solution, offering the scalability needed to accommodate growing data volumes and the flexibility to adapt to diverse infrastructure setups, including on-premises, cloud, and hybrid environments.
Moreover, in eCommerce, where millions of transactions generate vast datasets daily, AI-SAN systems allow businesses to incrementally expand storage capacity without disrupting operations. Similarly, AI-SAN systems efficiently manage large databases and medical imaging files in healthcare, ensuring that expanding storage needs do not hinder patient care.
The LAMEA market benefits from increasing investments in digital infrastructure and the gradual adoption of AI technologies across various sectors. In Latin America, industries like banking, telecommunications, and retail drive the demand for AI-driven storage systems to manage growing data volumes. Similarly, in the Middle East and Africa, government-led digital transformation initiatives, smart city projects, and the expansion of cloud-based services contribute to market growth.
Free Valuable Insights: The Worldwide Storage Area Artificial Intelligence Network Market is Projected to reach USD 70.66 Billion by 2031, at a CAGR of 24.5%
Based on Offering, the market is segmented into Hardware, and Software. Based on Storage Medium, the market is segmented into Solid State Drive (SSD), and Hard Disk Drive (HDD). Based on Storage Architecture, the market is segmented into File Storage, Block Storage, Hybrid Storage, and Object Storage. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- IBM Corporation
- Oracle Corporation
- NetApp, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Microsoft Corporation
- Hitachi Vantara LLC (Hitachi Ltd.)
- SAP SE
- NVIDIA Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Intel Corporation
LAMEA Storage Area Artificial Intelligence Network Market Report Segmentation
By Offering
By Storage Medium
- Solid State Drive (SSD)
- Hard Disk Drive (HDD)
By Storage Architecture
- File Storage
- Block Storage
- Hybrid Storage
- Object Storage
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Storage Area Artificial Intelligence Network Market, by Offering
1.4.2 LAMEA Storage Area Artificial Intelligence Network Market, by Storage Medium
1.4.3 LAMEA Storage Area Artificial Intelligence Network Market, by Storage Architecture
1.4.4 LAMEA Storage Area Artificial Intelligence Network Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jul – 2025, Jan) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Storage Area Artificial Intelligence Network Market by Offering
5.1 LAMEA Hardware Market by Country
5.2 LAMEA Software Market by Country
Chapter 6. LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium
6.1 LAMEA Solid State Drive (SSD) Market by Country
6.2 LAMEA Hard Disk Drive (HDD) Market by Country
Chapter 7. LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture
7.1 LAMEA File Storage Market by Country
7.2 LAMEA Block Storage Market by Country
7.3 LAMEA Hybrid Storage Market by Country
7.4 LAMEA Object Storage Market by Country
Chapter 8. LAMEA Storage Area Artificial Intelligence Network Market by Country
8.1 Brazil Storage Area Artificial Intelligence Network Market
8.1.1 Brazil Storage Area Artificial Intelligence Network Market by Offering
8.1.2 Brazil Storage Area Artificial Intelligence Network Market by Storage Medium
8.1.3 Brazil Storage Area Artificial Intelligence Network Market by Storage Architecture
8.2 Argentina Storage Area Artificial Intelligence Network Market
8.2.1 Argentina Storage Area Artificial Intelligence Network Market by Offering
8.2.2 Argentina Storage Area Artificial Intelligence Network Market by Storage Medium
8.2.3 Argentina Storage Area Artificial Intelligence Network Market by Storage Architecture
8.3 UAE Storage Area Artificial Intelligence Network Market
8.3.1 UAE Storage Area Artificial Intelligence Network Market by Offering
8.3.2 UAE Storage Area Artificial Intelligence Network Market by Storage Medium
8.3.3 UAE Storage Area Artificial Intelligence Network Market by Storage Architecture
8.4 Saudi Arabia Storage Area Artificial Intelligence Network Market
8.4.1 Saudi Arabia Storage Area Artificial Intelligence Network Market by Offering
8.4.2 Saudi Arabia Storage Area Artificial Intelligence Network Market by Storage Medium
8.4.3 Saudi Arabia Storage Area Artificial Intelligence Network Market by Storage Architecture
8.5 South Africa Storage Area Artificial Intelligence Network Market
8.5.1 South Africa Storage Area Artificial Intelligence Network Market by Offering
8.5.2 South Africa Storage Area Artificial Intelligence Network Market by Storage Medium
8.5.3 South Africa Storage Area Artificial Intelligence Network Market by Storage Architecture
8.6 Nigeria Storage Area Artificial Intelligence Network Market
8.6.1 Nigeria Storage Area Artificial Intelligence Network Market by Offering
8.6.2 Nigeria Storage Area Artificial Intelligence Network Market by Storage Medium
8.6.3 Nigeria Storage Area Artificial Intelligence Network Market by Storage Architecture
8.7 Rest of LAMEA Storage Area Artificial Intelligence Network Market
8.7.1 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Offering
8.7.2 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium
8.7.3 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Oracle Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 NetApp, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Samsung Electronics Co., Ltd. (Samsung Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Microsoft Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Hitachi Vantara LLC (Hitachi Ltd.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 SAP SE
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 NVIDIA Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Intel Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 LAMEA Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Storage Area Artificial Intelligence Network Market
TABLE 4 Product Launches And Product Expansions– Storage Area Artificial Intelligence Network Market
TABLE 5 LAMEA Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 6 LAMEA Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 7 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Software Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Software Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 12 LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 13 LAMEA Solid State Drive (SSD) Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Solid State Drive (SSD) Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Hard Disk Drive (HDD) Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Hard Disk Drive (HDD) Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 18 LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 19 LAMEA File Storage Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA File Storage Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Block Storage Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Block Storage Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Hybrid Storage Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Hybrid Storage Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Object Storage Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Object Storage Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Storage Area Artificial Intelligence Network Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Storage Area Artificial Intelligence Network Market by Country, 2024 - 2031, USD Million
TABLE 29 Brazil Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 30 Brazil Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 31 Brazil Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 32 Brazil Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 33 Brazil Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 34 Brazil Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 35 Brazil Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 36 Brazil Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 37 Argentina Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 38 Argentina Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 39 Argentina Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 40 Argentina Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 41 Argentina Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 42 Argentina Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 43 Argentina Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 44 Argentina Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 45 UAE Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 46 UAE Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 47 UAE Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 48 UAE Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 49 UAE Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 50 UAE Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 51 UAE Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 52 UAE Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 53 Saudi Arabia Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 54 Saudi Arabia Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 55 Saudi Arabia Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 56 Saudi Arabia Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 57 Saudi Arabia Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 58 Saudi Arabia Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 59 Saudi Arabia Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 60 Saudi Arabia Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 61 South Africa Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 62 South Africa Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 63 South Africa Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 64 South Africa Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 65 South Africa Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 66 South Africa Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 67 South Africa Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 68 South Africa Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 69 Nigeria Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 70 Nigeria Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 71 Nigeria Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 72 Nigeria Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 73 Nigeria Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 74 Nigeria Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 75 Nigeria Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 76 Nigeria Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 77 Rest of LAMEA Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
TABLE 78 Rest of LAMEA Storage Area Artificial Intelligence Network Market, 2024 - 2031, USD Million
TABLE 79 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2023, USD Million
TABLE 80 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Offering, 2024 - 2031, USD Million
TABLE 81 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2023, USD Million
TABLE 82 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium, 2024 - 2031, USD Million
TABLE 83 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2023, USD Million
TABLE 84 Rest of LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture, 2024 - 2031, USD Million
TABLE 85 Key Information – IBM Corporation
TABLE 86 Key Information – Oracle Corporation
TABLE 87 Key Information – NetApp, Inc.
TABLE 88 Key Information – Samsung Electronics Co., Ltd.
TABLE 89 Key Information – Microsoft Corporation
TABLE 90 Key Information – Hitachi Vantara LLC
TABLE 91 Key Information – SAP SE
TABLE 92 Key Information – NVIDIA Corporation
TABLE 93 Key Information – Huawei Technologies Co., Ltd.
TABLE 94 Key Information – Intel Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Storage Area Artificial Intelligence Network Market, 2020 - 2023, USD Million
FIG 3 Key Factors Impacting Storage Area Artificial Intelligence Network Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jul – 2025, Jan) Leading Players
FIG 8 Porter’s Five Forces Analysis – Storage Area Artificial Intelligence Network Market
FIG 9 LAMEA Storage Area Artificial Intelligence Network Market share by Offering, 2023
FIG 10 LAMEA Storage Area Artificial Intelligence Network Market share by Offering, 2031
FIG 11 LAMEA Storage Area Artificial Intelligence Network Market by Offering, 2020 - 2031, USD Million
FIG 12 LAMEA Storage Area Artificial Intelligence Network Market share by Storage Medium, 2023
FIG 13 LAMEA Storage Area Artificial Intelligence Network Market share by Storage Medium, 2031
FIG 14 LAMEA Storage Area Artificial Intelligence Network Market by Storage Medium, 2020 - 2031, USD Million
FIG 15 LAMEA Storage Area Artificial Intelligence Network Market share by Storage Architecture, 2023
FIG 16 LAMEA Storage Area Artificial Intelligence Network Market share by Storage Architecture, 2031
FIG 17 LAMEA Storage Area Artificial Intelligence Network Market by Storage Architecture, 2020 - 2031, USD Million
FIG 18 LAMEA Storage Area Artificial Intelligence Network Market share by Country, 2023
FIG 19 LAMEA Storage Area Artificial Intelligence Network Market share by Country, 2031
FIG 20 LAMEA Storage Area Artificial Intelligence Network Market by Country, 2020 - 2031, USD Million
FIG 21 SWOT Analysis: IBM Corporation
FIG 22 Recent strategies and developments: Oracle Corporation
FIG 23 SWOT Analysis: Oracle Corporation
FIG 24 SWOT Analysis: NetApp, Inc.
FIG 25 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 26 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 27 SWOT Analysis: Microsoft Corporation
FIG 28 Swot Analysis: Hitachi, Ltd.
FIG 29 SWOT Analysis: SAP SE
FIG 30 SWOT Analysis: NVIDIA Corporation
FIG 31 Recent strategies and developments: Huawei Technologies Co., Ltd.
FIG 32 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 33 SWOT Analysis: Intel corporation
