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. In the current scenario, the market for storage has been booming, owing to the increasing demand floating in from the buyers/clients for better performing storage infrastructures; which has further led to shift in the demand to flash storage solutions. Such advancements in technologies has led to better storage and recovery of information in a quicker and efficient manner.
The Asia Pacific region presents significant opportunity for Next Generation Storage solution vendors. The region remains a high growth market, with concerns regarding the space and power inadequacy of traditional disk storage still prevalent.
The Asia Pacific 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. Asia Pacific Next Generation Storage Market was valued at $0.29 billion in 2014 and is estimated to reach $2.30 billion by the end of 2020 at a projected CAGR of 41.11%.
Growth in the Asia Pacific Next Generation Storage Market was mainly driven largely by government initiatives and large multi-million dollar technology deals in the banking vertical. Some of the others factors such as growing demand for data storage in Small to Medium Enterprises (SMEs) and increasing proliferation of smartphones, laptops and tablets in the Asia Pacific region has augmented the demand for Next Generation Storage solutions.
In 2014, the market for Asia Pacific Next Generation Storage solutions by technology was dominated by the Hybrid array market followed by All-flash arrays solutions. Increasing demand and ability to solve storage performance problems for enterprises and service providers will be the key factors escalating the growth of the segment.
The application of Next Generation Storage market encompasses multiple sectors, such as BFSI, manufacturing, Government, communication and others. The BFSI sector, dominates the Asia Pacific Next Generation Storage Market in 2014, followed closely by manufacturing sector.
Some of the major players mentioned in the report are IBM, Dell Inc., EMC Corporation, NetApp, Inc., HP and SanDisk Corporation.
Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
1.1 Report Description
1.2 Research Methodology
2. Executive Summary
3. Key Findings of the Study
4. Market 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
5.1.1 Growing demand from SMEs for data Storage
5.1.2 Increasing Proliferation of Smartphones & Laptops
5.1.3 Rapid Advancement in Computing Capabilities
5.1.4 Growing Demand for Data Analytics
5.2.1 Lack of Environment Friendly Solutions
5.2.2 Control over Capital & Operational Expenses
5.3.1 Growth in Emerging Economies
5.3.2 Increasing Demand for Big Data Analytics
5.3.3 Growing Adoption of Solid State Drives
6. Asia Pacific Next Generation Storage Market Analysis & Forecast
6.1 Asia Pacific Market - Segmented By Technologies
6.1.1 All-flash Arrays
6.1.2 Hybrid Arrays
6.1.3 Cloud Based Disaster Recovery
6.2 Asia Pacific Market - Segmented By Applications
6.2.1 Cloud Storage Services
6.2.2 Enterprise Data Storage
6.2.3 Big Data Storage
6.3 Asia Pacific Market - Segmented By Industry Vertical
6.3.3 Consumer Electronics
6.3.4 Media & Entertainment
6.4 Asia Pacific Market - Segmented By Regions
6.4.1 Asia Pacific
220.127.116.11 South Korea
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.
8.8 Quantum Corporation
8.9 SanDisk Corporation
8.10 Hitachi data systems
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