United States Enterprise External Storage Market was valued at USD 10.8 Billion in 2022 and is projected to reach USD 17.1 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The US Enterprise External Storage Market has witnessed exponential growth as businesses continue to generate and manage vast amounts of data. The increasing demand for data storage solutions is primarily driven by the need to support digital transformation initiatives, cloud adoption, and big data analytics across industries. External storage, such as network-attached storage (NAS) and storage area network (SAN) systems, are at the forefront of this growth, providing organizations with the scalability and flexibility required for modern-day operations.
Among the key drivers for the Enterprise External Storage Market are the increasing data storage needs across various sectors. Industries such as healthcare, finance, and manufacturing require storage solutions that can handle large datasets, while also ensuring quick access, security, and compliance with industry regulations. The rise of IoT (Internet of Things) devices and smart technologies has further contributed to this surge, with businesses striving to efficiently store and process data generated by these devices.
One significant factor that shapes the demand for external storage solutions is the shift towards hybrid and multi-cloud environments. Many organizations prefer these environments to optimize costs and increase data accessibility while mitigating the risks of data loss. This shift creates a greater reliance on external storage solutions that allow seamless integration with various cloud platforms.
Additionally, the growing importance of data protection and disaster recovery has led to an increased adoption of high-performance external storage solutions. Industries that rely on critical data, such as e-commerce and telecommunications, seek external storage systems that ensure data redundancy and minimize downtime.
The Enterprise External Storage Market is expected to continue expanding as data storage requirements evolve. With industries demanding faster, more reliable, and scalable solutions, external storage providers are focusing on enhancing performance, security features, and cost-efficiency. As businesses strive for digital agility, the need for robust external storage systems is becoming more integral to their success in the data-driven economy.
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Dell EMC
Hewlett Packard Enterprise
NetApp
IBM
Hitach
Huawei
New H3C
Toshiba
Pure Storage
Macrosan
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Enterprise External Storage Market
Disk-Based Storage
Flash-Based Storage
Hybrid Storage Systems
Scale-Up Storage Systems
Scale-Out Storage Systems
Object Storage
File Storage
On-Premises Storage Solutions
Cloud-Based Storage Solutions
Hybrid Storage Solutions
Information Technology
Healthcare
Banking, Financial Services, and Insurance (BFSI)
Retail
Telecommunications
Media and Entertainment
Small Enterprises
Medium Enterprises
Large Enterprises
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Enterprise External Storage Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Enterprise External Storage Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Enterprise External Storage Market, By Type
6. US Enterprise External Storage Market, By Application
7. US Enterprise External Storage Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Enterprise External Storage Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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