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The storage of data is the most crucial part of the modern data-driven economy. The key industry players are continuously working to capitalise on the growth opportunities offered by emerging countries and meet the rising data storage requirements, which is the direct fall out of the rising digital economy. Thus, these players are constantly innovating their storage systems to expand their global reach.
Hewlett Packard Enterprise (NYSE: HPE), one of the leading players in the market, aims at providing intelligent data storage platform and AI-driven results. In May 2021, the company introduced a new data services platform, which will be available through HPE GreenLake. It consists of a cloud console for swift and unified data operations as a service; cloud data service for automated global infrastructure management; and HPE Alletra, which is a portfolio of cloud-native data infrastructure, powering data edge-to-cloud.
Another player in the market NetApp (NASDAQ: NTAP), cloud-led, data-centric software company, and Aston Martin Cognizant Formula One™ announced a multi-year partnership. As the British car brand gears up for its return to Formula One competition after long 60 years, NetApp will support it by using data to build its team’s racing strategies in real time on a global scale. The team will be able to better gauge car performance and make necessary refinements before, during, and after every race.
The importance of data has no limits. It provides a strategic help in all sectors and industries, which is expected to reinforce the market for hardware storage in the coming years.
Market Analysis by Storage Architecture, Storage System, Storage Medium, End Use, and Region:
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The major players in the global hardware storage market are Hewlett Packard Enterprise, Dell, Inc., NetApp, Inc., Hitachi, Ltd., and Nutanix, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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