Personal and Entry Level Storage Market 2020 – 2023: COVID – 19 Outbreak, Industry Segments, Top Key Players, Emerging Technologies and Business Trends
Personal and Entry Level
Storage Market Synopsis:
The personal & entry level storage market is
predicted to touch USD 94.63 billion at a 25.5% CAGR between 2017- 2023 states
the recent Market Research Future (MRFR) analysis. The personal and entry level
storage, simply put, is the use of technology for retaining and storing data
through PCs or other gadgets. The storage of data is crucial and businesses
& consumers depend on it for preserving information varying from
business-critical information to personal photos.
Various factors are propelling the Personal and Entry Level
Storage Market share. As per the current MRFR report, such factors
include low cost, increasing use of tablets, laptops, and smartphones that has
boosted the amount of data generated, technological advances such as 5G and
IPV6, the rising volume of digital data, growing need for data backup, and
demand for data analytics with machine learning (ML) & artificial
intelligence (AI).
On the contrary, increased carbon footprint owing
to no green data center solutions for storage, concerns about privacy and
security, and the COVID-19 impact are factors that may limit the global personal and entry level storage (PELS)
market growth over the forecast period.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/personal-entry-level-storage-market-7691
Major Key Players:
Key players profiled in
the global personal and entry level storage market report include Symantec Corporation (US), Seagate Technology (US),
Western Digital Corporation (US), Cisco Systems, Inc. (US), Scality, Inc. (US),
Simplivity Corp. (US), Tintri, Inc. (US), Nutanix, Inc. (US), Pure Storage,
Inc. (US), Toshiba Corporation (Japan), IBM Corporation (US), Hitachi Ltd.
(Japan), NetApp, Inc. (US) , Hewlett Packard Enterprise (HPE) Company (US) ,
and Dell Inc. (US).
Market Segmentation:
The MRFR report provides an inclusive segmental
analysis of the global personal
and entry level storage market based on vertical,
technology, storage system, and product.
·
By
component, the global personal and
entry level storage market is segmented into non-cloud storage and cloud-based
storage. Of these, the non-cloud storage will lead the market over the forecast
period.
·
By storage system, the global personal and entry
level storage market is segmented into software-defined storage (SDS), unified
storage, network-attached storage (NAS), cloud storage, and direct-attached. Of
these, the NAS segment will dominate the market over the forecast period while
the cloud storage segment is predicted to grow at a high CAGR.
·
By technology, the global personal and entry level
storage market is segmented into solid-state storage and magnetic storage. Of
these, the solid-state storage segment is predicted to have a major share over
the forecast period.
Regional Analysis:
Based on region, the personal and entry level storage market report covers
the recent trends and growth opportunities across North America, the Asia
Pacific (APAC), Europe, & the Rest of the World (RoW). Of these, North
America will lead the market over the forecast period. The presence of several
personal and entry level providers is adding to the global personal and entry level storage market
growth in the region. The US has the maximum share in the market but is likely
to face some challenges to boost their total carbon footprint owing to a
shortage of eco-friendly storage solutions.
The personal & entry
level storage market in Europe is predicted to hold the second-largest share
over the forecast period. High internet reach is leading in excess volume of
digital data generation that is boosting the personal and entry level storage
market growth in the region. The UK and France have a maximum share in the
market.
About Market
Research Future:
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