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The AI powered storage market is forecasted to grow by USD 64.05 billion during 2024-2029, accelerating at a CAGR of 25.3% during the forecast period. The report on the AI powered storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by exponential growth of unstructured data driven by AI and IOT, economic imperative for performance optimization and total cost of ownership reduction, and paradigm shift introduced by generative AI and large language models.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The AI powered storage market is segmented as below:
By Type
- Storage area network
- Direct attached storage
- Network attached storage
By Product Type
- File based
- Object based
By Solution
- Hard disk drive
- Solid state drive
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the AI powered storage market covers the following areas:
- AI Powered Storage Market sizing
- AI Powered Storage Market forecast
- AI Powered Storage Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Type
8 Market Segmentation by Product Type
9 Market Segmentation by Solution
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global AI powered storage market: Advanced Micro Devices Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Infortrend Technology Inc., Intel Corp., International Business Machines Corp., Lenovo Group Ltd., Micron Technology Inc., NetApp Inc., NVIDIA Corp., Pure Storage Inc., Samsung Electronics Co. Ltd., and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is proliferation of generative AI and impact on storage architecture."
According to the report, one of the major drivers for this market is the exponential growth of unstructured data driven by AI and IOT.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Micro Devices Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Co.
- Hitachi Ltd.
- Huawei Technologies Co. Ltd.
- Infortrend Technology Inc.
- Intel Corp.
- International Business Machines Corp.
- Lenovo Group Ltd.
- Micron Technology Inc.
- NetApp Inc.
- NVIDIA Corp.
- Pure Storage Inc.
- Samsung Electronics Co. Ltd.
- Toshiba Corp.
