The global data storage market was valued at USD 265.73 Billion in 2025 and is projected to grow at a CAGR of 15.10% during the forecast period of 2026-2035, reaching USD 1084.41 Billion by 2035. Data storage is the storing of information in a storage medium. This includes electromagnetic, optic and even silicon-based devices.
The number of smartphone and computer users is rising steeply. As a result, the data on these devices needs storage space, leading to the growth of the market. External hard drives contribute to this market. From banks to multinational companies, almost every organisation stores some sort of records, which means data storage becomes essential. Advancements in technology has provided cheaper and easily accessible data storage devices such as universal serial buses (USB), compact discs, solid state drives and many more.
The demand for data storage is likely to rise in the next years, especially in the Asia Pacific region, as digitisation and the number of active mobile users increase. The market is also being pushed forward by the selling of external hard drives and other storage devices in nations like China and India. Data storage is a must-have for large organisations and industries, ranging from banks to global corporations. Furthermore, the data storage industry is projected to benefit from technological advancements.
Latest Updates on Top Data Storage Companies:
In July 2026, Samsung Electronics began mass production of PM1763, its PCIe 6.0-based enterprise SSD developed for next-generation artificial intelligence and high-performance computing servers.
In June 2026, NetApp released StorageGRID 12.1 with a federated global namespace and throughput of up to 12 TB per second for large-scale AI, data-lake and object-storage workloads.
In May 2026, Dell Technologies introduced Dell PowerStore Elite with software and hardware upgrades delivering up to three times faster workload performance and an industry-leading 6:1 data-reduction guarantee.
In February 2026, IBM introduced its next-generation FlashSystem portfolio with agentic AI-assisted storage management and fifth-generation FlashCore Modules capable of detecting ransomware in less than one minute.
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Top 6 Data Storage Companies in the World:
1. IBM Corporation
| Headquarters: |
Armonk, New York, United States |
| Establishment: |
1911 |
| Website: |
https://www.ibm.com/ |
| Stock Ticker: |
NYSE: IBM |
| Key Offerings: |
FlashSystem, Storage Scale, tape storage, software-defined storage and hybrid-cloud data services |
| Global Reach: |
Operations in more than 175 countries |
IBM is a lead cloud and cognitive solutions company. It is also the largest consulting company in the world. IBM provides data storage in the form of all-flash storage for servers, hybrid storage, tape storage and storage area networks. IBM also provides data protection and software defined storage, mainly in the form of cloud storage. As it is one of the biggest companies in the world, IBM has 350,000 employees serving in 170 countries. In February 2026, IBM introduced the FlashSystem 5600, 7600 and 9600 with FlashSystem.ai, agentic AI-assisted administration and fifth-generation FlashCore Modules designed to detect ransomware in under one minute.
2. NetApp, Inc
| Headquarters: |
San Jose, California, United States |
| Establishment: |
1992 |
| Website: |
https://www.netapp.com/ |
| Stock Ticker: |
NASDAQ: NTAP |
| Key Products: |
AFF systems, ASA systems, FAS systems, E-Series, StorageGRID and ONTAP |
| Cloud Integrations: |
Amazon Web Services, Microsoft Azure and Google Cloud |
NetApp is focused on unlocking the best of cloud by partnering with the world’s biggest cloud providers. It provides various cloud and storage solutions to its consumers. NetApp’s data storage solutions include the AFF series, which are flash storage devices; FAS series, which is a cloud-optimized unified platform; and E-series, which is built for high-bandwidth applications like disc-based backup. In June 2026, NetApp released StorageGRID 12.1 with a federated global namespace, support for distributed hybrid environments and throughput of up to 12 TB per second for large-scale AI and object-data workloads.
3. Microsoft Corporation
| Headquarters: |
Redmond, Washington, United States |
| Establishment: |
1975 |
| Website: |
https://www.microsoft.com/ |
| Stock Ticker: |
NASDAQ: MSFT |
| Key Storage Products: |
Azure Blob Storage, Azure Files, Azure Managed Disks, Azure Elastic SAN and Azure Data Lake Storage |
| Global Reach: |
More than 70 Azure regions worldwide |
Microsoft is known for its Windows operating system and its cloud storage software, Azure. The company provides data storage solutions for devices with Azure cloud storage. These solutions include disk storage, files storage (which they created by partnering with NetApp), Data Lake storage, and data box. In January 2026, Microsoft outlined its Azure Storage strategy for agentic artificial intelligence and cloud-native applications, highlighting Blob scaled accounts that can operate across hundreds of scale units within a region and support millions of data objects.
4. Everpure, Inc. (Formerly Pure Storage)
| Headquarters: |
Santa Clara, California, United States |
| Establishment: |
2009; renamed Everpure in 2026 |
| Website: |
https://www.everpuredata.com/ |
| Stock Ticker: |
NYSE: P |
| Key Products: |
FlashArray, FlashBlade, Evergreen, Pure Fusion and Portworx |
| Global Reach: |
Offices across North America, Europe, Asia-Pacific and Latin America |
Pure Storage is one of the fastest growing IT enterprise in history. It provides various storage solutions to its customers. The FlashArray series provides for flash storage, the FlashBlade series provides for object storage, FlashStack series provides a modern infrastructure platform for business-critical applications, and FlashRecover series provides for efficient backup storage. The company has over 8000 satisfied customers, and 3400 employees working for it. In February 2026, Pure Storage changed its corporate name to Everpure to reflect its expansion from enterprise storage into broader data-management services and announced an agreement to acquire data-intelligence company 1touch.
5. Dell Inc.
| Headquarters: |
Round Rock, Texas, United States |
| Establishment: |
1984 |
| Website: |
https://www.dell.com/ |
| Stock Ticker: |
NYSE: DELL |
| Key Products: |
PowerStore, PowerMax, PowerScale, PowerVault, ObjectScale and PowerProtect |
| Core Business: |
Enterprise infrastructure, servers, storage, personal computers and technology services |
Dell is one of the best companies when it comes to customer service. It provides fantastic services and highest quality products which are extremely durable. The data storage facilities that dell provides are targeted towards businesses which have larger requirements of storage capacity. The PowerVault MD and PowerVault ME series increases storage capacities of servers, while some products such as PowerStore and PowerVault TM series provide security and improve efficiency of storage. In May 2026, Dell Technologies introduced PowerStore Elite with up to three times faster workload performance, up to 5.8 petabytes of effective capacity in a 3U system and a 6:1 data-reduction guarantee.
6. Samsung Electronics
| Headquarters: |
Suwon, Gyeonggi Province, South Korea |
| Establishment: |
1969 |
| Website: |
https://www.samsung.com/ |
| Stock Ticker: |
Korea Exchange: 005930 |
| Key Products: |
Enterprise SSDs, client SSDs, portable SSDs, V-NAND flash memory and memory cards |
| Business Division: |
Device Solutions |
Samsung is one of the largest companies in the world. It has various products under its belt, ranging from home appliances to smartphones. It is also one of the leading producers of data storage devices. These include solid state drives (SSDs), portable SSDs, memory cards, flash drives, and hard disks. The storage capacity of these devices ranges from mere 512 MB to even over 4 TB hard drives. In July 2026, Samsung Electronics began mass production of PM1763, a PCIe 6.0 enterprise SSD featuring ninth-generation V-NAND, a four-nanometre controller and support for liquid-cooled AI and high-performance computing servers.
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