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(Wireless-NewsWire.Com, February 09, 2017 ) Smart Technologies such as automated systems, Internet of Things (IoT), cloud computing, e-commerce etc., are the key driving factors for increasing demand for data storage. The increasing data driven market places will give rise to new approaches in data operations leading to increasing penetration of the smart storages in almost every industry. Hewlett Packard (hp) an IT company has introduced an affordable flash drive, which functions at higher speed. This innovation is diversified and enabling almost every vertical to easily operate the huge among of data.
The traditional data storage techniques will fail handle the large chunks of data that are being produced on every day basis. The trending technology Big Data has led to increased input and output devices which are influencing the smart storage market positively. Today end-user verticals such as healthcare, automotive, consumer electronics, media, industrial and many others are inclined toward the data storage and retrieval operation to a greater extant, this trend facilitate the need for advanced storage systems which can be more reliable, secure and easy to deploy, leading to increasing demands for smart storage techniques.
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The smart storage market is broadly classified into various segments which includes technology, applications, end-user industries, and Geography. The technology segment is further drilled down into flash storage arrays, holographic data storage, cloud based disaster recovery, hybrid array, heat assisted magnetic recording, and others. The major applications of smart storage expected to be associated with Enterprises, Big Data storage, and cloud based storage services. The growing penetration of data driven applications in end-users such as Industrial, medical, consumer electronics, automotive, and others has given rise to implement sophisticated data infrastructures and high-end data processing systems. This has led to an increasing investment in expanding of data centers.
The global Smart storage market is also bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa. North America is estimated to be one of the leading regions in smart storage market followed by Europe and APAC. By 2025, APAC region is estimated to contribute major to the smart storage market due to evolving data hubs and new business setups. Growing industrial automation is also one of the driving factors for the increasing adoption of smart storage devices across industrial applications.
Some of the key players in smart storage market include IBM Corporation, HP Enterprises, NetApp, Inc., Dell Inc., and Toshiba Corporation, Hitachi data systems, SimpliVity Corporation, Sandisk Corporation, Quantum Corporation, Micron Technology among others.
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At the present time huge data collected across different verticals in different forms, the major concern of any industry today is secured storage of these important data on which the business is dependent. The increasing data file sizes, huge chunks of big and unstructured data, the information and technology companies are fronting major issues while dealing with a huge data set. The smart storage arrangements provide quick, reliable, secure, scalable and cost-efficient solutions, which are being adopted at much higher rate in various business verticals to meet desired requirements or solution for efficiently storing and retrieving the data.
Few Key Points from Table of Content
4 Smart Storage Market Landscape
4.1 Overview
4.2 Definitions
4.3 Market Segmentation
4.3.1 By Technology
4.3.2 By Applications
4.3.3 By End-users
4.3.4 By Regions
4.3.4.1 By Countries
4.4 Value Chain Analysis
5 Smart Storage Market - Key Industry Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
6 Smart Storage Market - Five Forces Analysis
6.1 Porters Five Forces Analysis
6.1.1 Bargaining Power of Suppliers
6.1.2 Bargaining Power of Buyers
6.1.3 Threat of Substitutes
6.1.4 Threat of New Entrants
6.1.5 Degree of Competition
7 Smart Storage Market - Competitive Landscape
7.1 Global Smart Storage Market Sales Revenue (US$ Bn), 2014 - 2025
7.2 Smart Storage Market - Market Share Analysis of Market Positioning of Key Players, 2015
7.2.1 Global Smart Storage Market, Market Share or Market Positioning of Key Players, 2015
7.2.2 Smart Storage Market, Key Players by Region
8 Global Smart Storage Market Revenue and Forecasts to 2025 –Technology
8.1 Overview
8.1.1 Segment Share (%), 2015 & 2025
8.2 Flash Storage Arrays
8.2.1 Overview
8.2.2 Global Flash Storage Arrays Market Revenue and Forecasts to 2025 (US$ Bn)
8.3 Holographic Data Storage
8.3.1 Overview
8.3.2 Global Holographic Data Storage Market Revenue and Forecasts to 2025 (US$ Bn)
8.4 Cloud Based Disaster Recovery
8.4.1 Overview
8.4.2 Global Cloud Based Disaster Recovery Market Revenue and Forecasts to 2025 (US$ Bn)
8.5 Hybrid Array
8.5.1 Overview
8.5.2 Global Hybrid Array Market Revenue and Forecasts to 2025 (US$ Bn)
8.6 Heat Assisted Magnetic Recording
8.6.1 Overview
8.6.2 Global Heat Assisted Magnetic Recording Market Revenue and Forecasts to 2025 (US$ Bn)
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12 Global Smart Storage Market, Key Company Profiles
12.1 IBM Corporation
12.2 HP Enterprises
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