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The global next-generation data storage market size reached a value of around USD 72.11 Billion in 2025. The market is further expected to grow at a CAGR of 9.40% between 2026 and 2035, reaching a value of around USD 177.08 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
9.4%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Next-Generation Data Storage Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 72.11 |
| Market Size 2035 | USD Billion | 177.08 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 9.40% |
| CAGR 2026-2035 - Market by Region | North America | 9.6% |
| CAGR 2026-2035 - Market by Country | UK | 14.8% |
| CAGR 2026-2035 - Market by Country | Canada | 11.0% |
| CAGR 2026-2035 - Market by Storage System | Network-Attached Storage (NAS) | 10.5% |
| CAGR 2026-2035 - Market by Storage Medium | Solid State Drive (SSD) | 10.5% |
Next-generation data storage refers to products and advanced data storage solutions that can handle huge amounts of unstructured data and expanding file sizes. These technologically-advanced products help with quick recovery and dependable data management in a cost-effective way while managing massive amounts of data securely.

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The EMR’s report titled “Next-Generation Data Storage Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Storage System
Market Breakup by Storage Medium
Market Breakup by Storage Architecture
Market Breakup by Deployment Type
Market Breakup by End-User
Market Breakup by Region
| CAGR 2026-2035 - Market by | Country |
| UK | 14.8% |
| Canada | 11.0% |
| USA | 9.5% |
| Germany | 7.8% |
| France | 7.7% |
| Italy | 6.1% |
| China | XX% |
| Japan | XX% |
| India | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |

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By storage system, direct-attached storage (DAS) is expected to witness significant growth in the next-generation data storage global market. The simple and basic architecture of DAS enable support numerous information accessibility capabilities. DAS technology is also suited for small and medium-sized organisations due to its inexpensive cost. Over the forecast period, the DAS segment is likely to be driven by the growing number of small and medium-sized businesses in emerging economies.
Healthcare segment is anticipated to be one of the leading end-users of next-generation data storage throughout the forecast period, fuelled by the exponential increase in data generated with increasing digitalisation and rising patient volumes. Data storage in the healthcare sector has seen a paradigm shift in recent years, moving from traditional digital data storage to the use of cloud storage for the safe keeping of crucial patient and corporate data related to various procedures, operations, and services. In the near future, it is projected that the growing use of hybrid cloud in the healthcare sector will be a significant driver increasing the next-generation data storage market demand.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global next-generation data storage market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Dell Technologies, Inc, founded in 1984 and headquartered in Texas in the United States, is a multinational technology company that manufactures a wide range of consumer and business electronics. The company’s product line includes desktop and laptop computers, televisions, servers, smartphones, business software, and services for network and information security.
Hewlett Packard Enterprise Company was established in 1939, with its corporate headquarters in California, United States. A global information technology company, it offers software as a service (SaaS), cloud computing solutions, and software services like consulting, training, professional services, and support.
Fujitsu Limited, founded in 1935 and headquartered in Tokyo, Japan is a market leader in IT services, solutions, and technology. The company has years of experience in developing IT systems, services, and digital solutions for both public and private sector clients, including those in the retail, healthcare, financial services, and automotive industries.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include NetApp, Inc, Huawei Technologies Co., Ltd, Samsung Electronics Co., Ltd., Pure Storage, Inc., Hitachi, Ltd., IBM Corporation, Netgear Inc., and Micron Technology, Inc, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the global market for next-generation data storage attained a value of USD 72.11 Billion.
The market is projected to grow at a CAGR of 9.40% between 2026 and 2035.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach USD 177.08 Billion by 2035.
The major drivers of the market include the increasingly massive volumes of data generated, rising need for data analytics, and growing penetration of the Internet.
The global penetration of IoT, rise in the adoption of cloud computing, and digitisation of information across industries are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary deployment types of next-generation data storage are on-premises, cloud, and hybrid.
The major players in the next-generation data storage market are Dell Technologies, Inc, Hewlett Packard Enterprise Company, NetApp, Inc, Huawei Technologies Co., Ltd, Samsung Electronics Co., Ltd., Pure Storage, Inc., Hitachi, Ltd., Fujitsu Limited, IBM Corporation, Netgear Inc., and Micron Technology, Inc, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Storage System |
|
| Breakup by Storage Medium |
|
| Breakup by Storage Architecture |
|
| Breakup by Deployment Type |
|
| Breakup by End-User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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