Europe Next Generation Storage Market - Trends & Forecast (2016 - 2021) - Product Image

Europe Next Generation Storage Market - Trends & Forecast (2016 - 2021)

  • ID: 3803663
  • Report
  • Region: Europe
  • 100 pages
  • Mordor Intelligence
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Rapid technological advancements and increasing volume of unstructured data across different verticals/industries has generated the increasing need for a secure, reliable, and cost-efficient storage infrastructures across the European region. In the current scenario, enterprises are facing the challenges, posed by the escalating data volumes, velocity and variety leading to increasing demand for storage solutions. Advanced technologies are being utilized ranging from cloud applications to enterprise storage – to address the complex business challenges and transform the flood of data and information into tangible and valuable business insights further leveraging the demand for next generation storage market.

Next generation storage solutions are the computing devices that are used to store, port and extract data files and objects in a quicker and in a more efficient manner. Despite of financial turmoil in some of the countries, the market for storage has been booming, owing to the increasing demand, floating in from the buyers/clients for better performing storage infrastructures. Such advancements in technologies has led to better storage and recovery of information in a quicker and efficient manner.

The European next generation storage market is expected to gain momentum owing to increasing demand for high scalable, fast and economical storage solutions during the forecast period. Europe Next Generation Storage Market was valued at $0.45 billion in 2014 and is projected to reach $3.06 billion by the end of 2020 at a CAGR of 37.61%.

Rapid expansion of storage market and increasing demand for efficient and cost-effective solutions in the Central and Eastern Europe has boosted the growth of the market. Whereas, high growth of data volume is pushing Western European organisations to optimize their storage infrastructures by adding newer storage technologies such as all-flash arrays and hybrid array solutions.

Some of the factors such as growing demand for data storage in Small to Medium Enterprises (SMEs) and increasing proliferation of smartphones, laptops and tablets has augmented the need for Next Generation Storage technologies in the region.

Flash storage systems market is a fast-growing segment of the European storage systems market and it is projected that the market value of All-flash arrays storage will grow at 14.20% CAGR over the forecasted period.

The application of Next Generation Storage market encompasses multiple sectors, such as BFSI, manufacturing, Government, communication and others. The BFSI sector, dominated the European Next Generation Storage Market in 2014.

Some of the major players mentioned in the report are IBM, Dell Inc., EMC Corporation, NetApp, Inc., HP and SanDisk Corporation.

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1. Introduction

1.1 Report Description

1.2 Research Methodology

2. Executive Summary

3. Key Findings of the Study

4. Market Overview

4.1 Overview

4.2 Industry Value Chain Analysis

4.3 Industry Attractiveness - Porter's 5 Force Analysis

4.3.1 Bargaining Power of Suppliers

4.3.2 Bargaining Power of Buyers

4.3.3 Threat of New Entrants

4.3.4 Threat of Substitute Products or Services

4.3.5 Competitive Rivalry

5. Market Dynamics

5.1 Drivers

5.1.1 Growing demand from SMEs for data Storage

5.1.2 Rapid Advancement in Computing Capabilities

5.1.3 Growing Demand for Data Analytics

5.2 Restraints

5.2.1 Lack of Environment Friendly Solutions

5.2.2 Control over Capital & Operational Expenses

5.3 Opportunities

5.3.1 Increasing Demand for Big Data Analytics

5.3.2 Growing Adoption of Solid State Drives

6. Europe Next Generation Storage Market Analysis & Forecast

6.1 Europe Market - Segmented By Technologies

6.1.1 All-flash Arrays

6.1.2 Hybrid Arrays

6.1.3 Cloud Based Disaster Recovery

6.1.4 Others

6.2 Europe Market - Segmented By Applications

6.2.1 Cloud Storage Services

6.2.2 Enterprise Data Storage

6.2.3 Big Data Storage

6.3 Europe Market - Segmented By Industry Vertical

6.3.1 BFSI

6.3.2 Government

6.3.3 Consumer Electronics

6.3.4 Media & Entertainment

6.3.5 Manufacturing

6.3.6 Communication

6.3.7 Others

6.4 Europe Market - Segmented By Region

6.4.1 Europe

6.4.1.1 United Kingdom

6.4.1.2 Germany

6.4.1.3 France

6.4.1.4 Sweden

6.4.1.5 Russia

6.4.1.6 Others

7. Vendor Market Share Analysis

8. Competitive Intelligence - Company Profiles

8.1 International Business Machines Corporation (IBM)

8.2 Toshiba Corporation

8.3 VMware, Inc.

8.4 Dell Inc.

8.5 EMC Corporation

8.6 NetApp, Inc.

8.7 Nutanix

8.8 Quantum Corporation

8.9 SanDisk Corporation

8.10 Hitachi data systems

8.11 HP

8.12 Data Robotics

8.13 SimpliVity Corporation

8.14 Symantec Corporation

8.15 Tintri, Inc.

9. Investment Analysis

9.1 Recent Mergers and Acquisitions

9.2 Investment Outlook

10. Future of Next Generation Storage Market
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