Reports
Global Hardware Storage Market: By Storage Architecture: File and Object-based Storage (FOBS), Block Storage; By Storage System; By Storage Medium; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Hardware Storage Market Outlook
The global hardware storage market is expected to grow at a CAGR of nearly 13% in the forecast period of 2023-2028.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
North America to Account for a Significant Share in the Global Hardware Storage Industry
North America is one of the leading regions in the global hardware storage industry. Within the region, the United States serves as a major contributor to the market growth. The popular digital platforms of the United States like Google, Facebook, and Amazon, among others hold a very strong market position overall. Google, for instance, has achieved a hold of 90% of the market for internet searches; Facebook accounts two-third of the global social media market and is the top social media platform in 90% of the world’s economies; Amazon has 40% share of world’s e-commerce activity. These platforms are heavily dependent on digital data for providing personalised services to their users. Storing such machine-readable data (digital data) is consequently a basic requirement for them and they collectively put a major demand for storage, both hardware and software based. Meanwhile, China is also dominated by similar but its own country-originated companies like Alibaba, WeChat (owned by Tencent), and others, which too function based on data, therefore, further boosting the demand for storage devices and facilities.
Hardware Storage: Market Segmentation
Hardware storage refers to a device that is primarily used for saving, transferring, and extracting data whenever needed. It can help register and maintain data for a short-term or long-term. In our daily life, we may find it commonly in laptops, tablets, smartphones, and others. In addition, standalone external storage devices are also available in the market that can be used for additional storage. It comes in distinguished shapes and sizes based on the need and function.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on storage architecture, the market is bifurcated into:
- File and Object-based Storage (FOBS)
- Block Storage
On the basis of storage system, the market is divided into:
- Network Attached Storage (NAS)
- Direct Attached Storage (DAS)
- Storage Area Network (SAN)
The market is divided into the following based on storage medium:
- Solid-state Drive (SSD)
- Hard Disk Drive (HDD)
- Tape
- Others
The end users involve:
- Enterprise
- Government
- Cloud Service Providers
- Telecom
- Others
The regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Need to Store large Volumes of Digital Data to Bolster the Growth of the Hardware Storage Industry
In recent times, companies are heavily dependent on algorithms. Google informing its users about the latest happenings around the world based on their previous searches, YouTube recommending its users the related videos depending on the types of content they have seen earlier, and e-commerce websites popping up ads with the list of products that users had checked out earlier are some of the examples of the ways in which companies use algorithms to provide goods and services to the target customers. These algorithms are based on abundant data. Thus, the increasing need to store data for various uses like data analytics, AI, blockchain, IoT, cloud computing, and all Internet-based services is a major driver for the industry growth, globally. With expanding digital economy, the demand is expected to go higher. Additionally, with the growing penetration of smartphones and the culture of clicking pictures to capture moments, people look for devices that can efficiently store their data. Along the same line, there is a huge desirability for external storage in addition to the internal storage of their smartphones, laptops, or other such gadgets. These traits of consumers are also set to boost the demand for global hardware storage in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Industry Players in the Global Hardware Storage Market
The report presents a detailed analysis of the following key players in the global hardware storage market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Hewlett Packard Enterprise
- Dell, Inc.
- NetApp, Inc.
- Hitachi, Ltd.
- Nutanix, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Storage Architecture, Storage System, Storage Medium, End Use, Region |
| Breakup by Storage Architecture | File and Object-based Storage (FOBS), Block Storage |
| Breakup by Storage System | Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN) |
| Breakup by Storage Medium | Solid-state Drive (SSD), Hard Disk Drive (HDD), Tape, Others |
| Breakup by End Use | Enterprise, Government, Cloud Service Providers, Telecom, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Hewlett Packard Enterprise, Dell, Inc., NetApp, Inc., Hitachi, Ltd., Nutanix, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Hardware Storage Market Analysis
8.1 Key Industry Highlights
8.2 Global Hardware Storage Historical Market (2018-2022)
8.3 Global Hardware Storage Market Forecast (2023-2028)
8.4 Global Hardware Storage Market by Storage Architecture
8.4.1 File and Object-based Storage (FOBS)
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Block Storage
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Hardware Storage Market by Storage System
8.5.1 Network Attached Storage (NAS)
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Direct Attached Storage (DAS)
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Storage Area Network (SAN)
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.6 Global Hardware Storage Market by Storage Medium
8.6.1 Solid-state Drive (SSD)
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Hard Disk Drive (HDD)
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Tape
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Hardware Storage Market by End Use
8.7.1 Enterprise
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Government
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Cloud Service Providers
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Telecom
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global Hardware Storage Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Hardware Storage Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Hardware Storage Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Hardware Storage Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Hardware Storage Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Hardware Storage Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Hewlett Packard Enterprise
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Dell, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 NetApp, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Hitachi, Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Nutanix, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Hardware Storage Market: Key Industry Highlights, 2018 and 2028
2. Global Hardware Storage Historical Market: Breakup by Storage Architecture (USD Billion), 2018-2022
3. Global Hardware Storage Market Forecast: Breakup by Storage Architecture (USD Billion), 2023-2028
4. Global Hardware Storage Historical Market: Breakup by Storage System (USD Billion), 2018-2022
5. Global Hardware Storage Market Forecast: Breakup by Storage System (USD Billion), 2023-2028
6. Global Hardware Storage Market Forecast: Breakup by Storage Medium (USD Billion), 2023-2028
7. Global Hardware Storage Market Forecast: Breakup by Storage Medium (USD Billion), 2023-2028
8. Global Hardware Storage Historical Market: Breakup by End Use (USD Billion), 2018-2022
9. Global Hardware Storage Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10. Global Hardware Storage Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Hardware Storage Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Hardware Storage Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Hardware Storage Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Hardware Storage Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Hardware Storage Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Hardware Storage Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Hardware Storage Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Hardware Storage Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Hardware Storage Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Hardware Storage Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Hardware Storage Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Hardware Storage Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of nearly 13% in the forecast period of 2023-2028.
The major drivers of the industry include the increasing number of enterprises working with digital data, rising consumer demand for devices to store their pictures and other data, growing internet and smartphone penetration, and increase in sales of consumer electronics like laptops, tablets, and others.
The key market trends guiding the growth of the industry include the growing technological advancements and the increasing utilisation of digital data or the machine-readable data by companies to connect with customers and provide personalised experiences.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different storage architectures include file and object-based storage (FOBS) and block storage.
Network attached storage (NAS), direct attached storage (DAS), and storage area network (SAN) are the different storage systems available in the market.
The major storage mediums include solid-state drive (SSD), hard disk drive (HDD), and tape, among others.
The major end users encompass enterprises, government, cloud service providers, and telecom, among others.
The leading players in the market are Hewlett Packard Enterprise, Dell, Inc., NetApp, Inc., Hitachi, Ltd., and Nutanix, Inc., among others.
Analyst Review
The global hardware storage market is being driven by the growing importance and usefulness of digital data. Aided by the expanding digital economy, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 13%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on the storage architecture, the market can be segmented into file and object-based storage (FOBS) and block storage. Based on its storage systems, the market is divided into network attached storage (NAS), direct attached storage (DAS), and storage area network (SAN). On the basis of storage medium, it is segmented into solid-state drive (SSD), hard disk drive (HDD), and tape, among others. On the basis of end use, the market is segmented into enterprises, government, cloud service providers, and telecom, among others. The major regional markets for hardware storage are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Hewlett Packard Enterprise, Dell, Inc., NetApp, Inc., Hitachi, Ltd., and Nutanix, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER