AI-Powered Storage Market

Category : ICT Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 289

Summarized Info Details
Base Year: 2020 Forecast Period: 2021-2028
Key Geographies:
  • North America, Latin America, Asia Pacific, Europe, Middle East and Africa
Market Segmentation:
  • AI-powered storage market is segmented on the basis of offering, storage system, storage architecture, storage medium, end user, and region
Key Players:

The key participating players of the global AI-Powered Storage market include Intel Corporation, NVIDIA Corporation, IBM, Samsung Electronics, Pure Storage, NetApp, Micron Technology, CISCO, Toshiba, Lenovo, Dell Technologies, and HPE, among others.

Key Dynamics:
  • Immense volumes of data, which needs to be organized and optimized appropriately and elevating demand for progressive storage architecture in wide-ranging enterprise infrastructure are the key factors driving the growth of market
Market Size: US$ 12.8 Bn in 2020 CAGR (2021 -2028): 27.5%

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 AI-Powered Storage Market Overview

The report is titled ‘AI-Powered Storage Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the AI-Powered Storage market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The AI-powered storage market is expected to grow at a significant rate in the near future.

The global AI-powered storage market is estimated to reach at a value of US$ xx Mn by the end of 2020 and expected to reach at a value of US$ xx Mn by 2028 with a significant CAGR of xx%

AI-Powered Storage Introduction

AI-enabled or AI-powered storage employs AI workloads and modern analytics, providing scale-out storage platforms for data-driven businesses. In the present times, most businesses rely on data, however, businesses totally realize the volume of the data they generate, the utility of the data, abolition of undesirable data, and the life-span of that data. Thus, businesses are continuously seeking to organize the data, comprising pitstops for compliance checks, data optimization, data registration, and data conditioning. This is where AI-powered storage comes into the picture as it enables organizations to examine data rationally and promptly by providing rapid insights. AI- Powered storage contains three diverse phases in particular data intake, training employing machine learning and inference which is a phase of offering insights.

AI-Powered Storage Market Dynamics

In the current times, businesses are generating immense volumes of data, which needs to be organized and optimized appropriately which is majorly driving the demand of AI-powered storage across the global markets. In addition to that, increasing applications for AI in various industries, worldwide, as well as rising execution of cloud-based services is further acting as positive factors for the growth of the global AI-powered storage market in the forthcoming years.

Moreover, the elevating demand for progressive storage architecture in wide-ranging enterprise infrastructure is also estimated to contribute to the growth of the global AI-powered storage market over the forecast period. Having said that, growing concerns associated with data confidentiality in server and cloud-based services is a significant hindering factor that is likely to hold back the growth of the market.

Furthermore, inadequacy of technically proficient workforce in AI hardware and inconsistency of AI algorithms is further projected to restrain the market growth in the coming years.

AI-Powered Storage Market Segmentation

AI-powered storage market is segmented on the basis of offering, storage system, storage architecture, storage medium, end user, and region.

By Offering

Hardware

Software

By Storage System

Direct-attached Storage (DAS)

Network-attached Storage (NAS)

Storage Area Network (SAN)

By Storage Architecture

File- and Object-Based Storage

Object Storage

By Storage Medium

Hard Disk Drive (HDD)

Solid State Drive (SSD)

By End User

Enterprises

Government Bodies

Cloud Service Providers

Telecom Companies

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

AI-Powered Storage Market Key Players

The key participating players of the global AI-Powered Storage market include Intel Corporation, NVIDIA Corporation, IBM, Samsung Electronics, Pure Storage, NetApp, Micron Technology, CISCO, Toshiba, Lenovo, Dell Technologies, and HPE, among others.

R&I Overview on AI-Powered Storage Market Report

The non-identical approach of Reports & Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the AI-Powered Storage market by Reports & Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of AI-Powered Storage

Advantages of AI-Powered Storage

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.


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1.    Global AI-powered Storage Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global AI-powered Storage Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global AI-powered Storage Market Snapshot

2.4.    Global AI-powered Storage Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global AI-powered Storage Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

2.8.    PEST Analysis

2.9.    Pricing Analysis

3.    AI-powered Storage Assessment and Analysis

3.1.    AI-powered Storage Impact Analysis

3.2.     AI-powered Storage Technology Analysis

3.3.    Potential Analysis

4.    Covid-19 Impact on AI-powered Storage Market

4.1.    Impact Analysis of Covid-19 on the global AI-powered Storage market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Volatility In Price 

4.5.    Effect On The Overall Trade 

4.6.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global AI-powered Storage Market, By Offering

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Offering

5.1.2.    BPS Analysis, By Offering

5.2.    Market Revenue (US$Mn) and Forecast, By Offering

5.2.1.    Hardware

5.2.2.    Software

5.3.    Global AI-powered Storage Market Attractiveness Index, By Offering

6.    Global AI-powered Storage Market, By Storage System

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Storage System

6.1.2.    BPS Analysis, By Storage System

6.2.    Market Revenue (US$Mn) and Forecast, By Storage System

6.2.1.    Direct-attached Storage (DAS)

6.2.2.    Network-attached Storage (NAS)

6.2.3.    Storage Area Network (SAN)

6.3.    Global AI-powered Storage Market Attractiveness Index, By Storage System

7.    Global AI-powered Storage Market, By Storage Architecture

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Storage Architecture

7.1.2.    BPS Analysis, By Storage Architecture

7.2.    Market Revenue (US$Mn) and Forecast, By Storage Architecture

7.2.1.    File- and Object-Based Storage

7.2.2.    Object Storage

7.3.    Global AI-powered Storage Market Attractiveness Index, By Storage Architecture

8.    Global AI-powered Storage Market, By Storage Medium

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Storage Medium

8.1.2.    BPS Analysis, By Storage Medium

8.2.    Market Revenue (US$Mn) and Forecast, By Storage Medium

8.2.1.    Hard Disk Drive (HDD)

8.2.2.    Solid State Drive (SSD)

8.3.    Global AI-powered Storage Market Attractiveness Index, By Storage Medium

9.    Global AI-powered Storage Market, By End User

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By End User

9.1.2.    BPS Analysis, By End User

9.2.    Market Revenue (US$Mn) and Forecast, By End User

9.2.1.    Enterprises

9.2.2.    Government Bodies

9.2.3.    Cloud Service Providers

9.2.4.    Telecom Companies

9.3.    Global AI-powered Storage Market Attractiveness Index, By End User

10.    Global AI-powered Storage Market, By Region 

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Region

10.1.2.    BPS Analysis, By Region

10.2.    Market Revenue (US$Mn) and Forecast, By Region

10.2.1.    North America

10.2.2.    Latin America

10.2.3.    Europe

10.2.4.    Asia Pacific

10.2.5.    Middle East 

10.2.6.    Africa

10.3.    Global AI-powered Storage Market Attractiveness Index, By Region

11.    North America AI-powered Storage Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market Revenue (US$Mn) and Forecast, By Country

11.2.1.    U.S. AI-powered Storage Market

11.2.2.    Canada AI-powered Storage Market

11.3.    North America AI-powered Storage Market, By Offering

11.3.1.    Hardware

11.3.2.    Software

11.4.    North America AI-powered Storage Market, By Storage System 

11.4.1.    Direct-attached Storage (DAS)

11.4.2.    Network-attached Storage (NAS)

11.4.3.    Storage Area Network (SAN)

11.5.    North America AI-powered Storage Market, By Storage Architecture 

11.5.1.    File- and Object-Based Storage

11.5.2.    Object Storage

11.6.    North America AI-powered Storage Market, By Storage Medium 

11.6.1.    Hard Disk Drive (HDD)

11.6.2.    Solid State Drive (SSD)

11.7.    North America AI-powered Storage Market, By End User 

11.7.1.    Enterprises

11.7.2.    Government Bodies

11.7.3.    Cloud Service Providers

11.7.4.    Telecom Companies

11.8.    North America AI-powered Storage Market Attractiveness Index

11.8.1.    By Country

11.8.2.    By Offering

11.8.3.    By Storage System

11.8.4.    By Storage Architecture

11.8.5.    By Storage Medium

11.8.6.    By End User

12.    Latin America AI-powered Storage Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    Brazil AI-powered Storage Market

12.2.2.    Mexico AI-powered Storage Market 

12.2.3.    Rest Of Latin America AI-powered Storage Market

12.3.    Latin America AI-powered Storage Market, By Offering

12.3.1.    Hardware

12.3.2.    Software

12.4.    Latin America AI-powered Storage Market, By Storage System 

12.4.1.    Direct-attached Storage (DAS)

12.4.2.    Network-attached Storage (NAS)

12.4.3.    Storage Area Network (SAN)

12.5.    Latin America AI-powered Storage Market, By Storage Architecture 

12.5.1.    File- and Object-Based Storage

12.5.2.    Object Storage

12.6.    Latin America AI-powered Storage Market, By Storage Medium 

12.6.1.    Hard Disk Drive (HDD)

12.6.2.    Solid State Drive (SSD)

12.7.    Latin America AI-powered Storage Market, By End User 

12.7.1.    Enterprises

12.7.2.    Government Bodies

12.7.3.    Cloud Service Providers

12.7.4.    Telecom Companies

12.8.    Latin America AI-powered Storage Market Attractiveness Index

12.8.1.    By Country

12.8.2.    By Offering

12.8.3.    By Storage System

12.8.4.    By Storage Architecture

12.8.5.    By Storage Medium

12.8.6.    By End User

13.    Europe AI-powered Storage Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    U.K. AI-powered Storage Market

13.2.2.    Germany AI-powered Storage Market

13.2.3.    Italy AI-powered Storage Market

13.2.4.    France AI-powered Storage Market

13.2.5.    Spain AI-powered Storage Market

13.2.6.    Russia AI-powered Storage Market

13.2.7.    Poland AI-powered Storage Market

13.2.8.    NORDIC AI-powered Storage Market

13.2.9.    BENELUX AI-powered Storage Market

13.2.10.    Rest Of Europe AI-powered Storage Market

13.3.    Europe AI-powered Storage Market, By Offering

13.3.1.    Hardware

13.3.2.    Software

13.4.    Europe AI-powered Storage Market, By Storage System 

13.4.1.    Direct-attached Storage (DAS)

13.4.2.    Network-attached Storage (NAS)

13.4.3.    Storage Area Network (SAN)

13.5.    Europe AI-powered Storage Market, By Storage Architecture 

13.5.1.    File- and Object-Based Storage

13.5.2.    Object Storage

13.6.    Europe AI-powered Storage Market, By Storage Medium 

13.6.1.    Hard Disk Drive (HDD)

13.6.2.    Solid State Drive (SSD)

13.7.    Europe AI-powered Storage Market, By End User 

13.7.1.    Enterprises

13.7.2.    Government Bodies

13.7.3.    Cloud Service Providers

13.7.4.    Telecom Companies

13.8.    Europe AI-powered Storage Market Attractiveness Index

13.8.1.    By Country

13.8.2.    By Offering

13.8.3.    By Storage System

13.8.4.    By Storage Architecture

13.8.5.    By Storage Medium

13.8.6.    By End User

14.    Asia Pacific AI-powered Storage Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    China AI-powered Storage Market

14.2.2.    India AI-powered Storage Market

14.2.3.    Japan AI-powered Storage Market

14.2.4.    Australia and New Zealand AI-powered Storage Market

14.2.5.    South Korea AI-powered Storage Market

14.2.6.    Rest of Asia Pacific AI-powered Storage Market

14.3.    Asia Pacific AI-powered Storage Market, By Offering

14.3.1.    Hardware

14.3.2.    Software

14.4.    Asia Pacific AI-powered Storage Market, By Storage System 

14.4.1.    Direct-attached Storage (DAS)

14.4.2.    Network-attached Storage (NAS)

14.4.3.    Storage Area Network (SAN)

14.5.    Asia Pacific AI-powered Storage Market, By Storage Architecture 

14.5.1.    File- and Object-Based Storage

14.5.2.    Object Storage

14.6.    Asia Pacific AI-powered Storage Market, By Storage Medium 

14.6.1.    Hard Disk Drive (HDD)

14.6.2.    Solid State Drive (SSD)

14.7.    Asia Pacific ca AI-powered Storage Market, By End User 

14.7.1.    Enterprises

14.7.2.    Government Bodies

14.7.3.    Cloud Service Providers

14.7.4.    Telecom Companies

14.8.    Asia Pacific AI-powered Storage Market Attractiveness Index

14.8.1.    By Country

14.8.2.    By Offering

14.8.3.    By Storage System

14.8.4.    By Storage Architecture

14.8.5.    By Storage Medium

14.8.6.    By End User

15.    Middle East AI-powered Storage Market Analysis and Forecast, 2020–2028

15.1.    Introduction

15.1.1.    Annual Growth Rate Comparison, By Country

15.1.2.    BPS Analysis, By Country

15.2.    Market (US$Mn) Forecast, By Country

15.2.1.    GCC Countries AI-powered Storage Market

15.2.2.    Israel AI-powered Storage Market

15.2.3.    Rest Of Middle East AI-powered Storage Market

15.3.    Middle East AI-powered Storage Market, By Offering

15.3.1.    Hardware

15.3.2.    Software

15.4.    Middle East AI-powered Storage Market, By Storage System 

15.4.1.    Direct-attached Storage (DAS)

15.4.2.    Network-attached Storage (NAS)

15.4.3.    Storage Area Network (SAN)

15.5.    Middle East AI-powered Storage Market, By Storage Architecture 

15.5.1.    File- and Object-Based Storage

15.5.2.    Object Storage

15.6.    Middle East AI-powered Storage Market, By Storage Medium 

15.6.1.    Hard Disk Drive (HDD)

15.6.2.    Solid State Drive (SSD)

15.7.    Middle East AI-powered Storage Market, By End User 

15.7.1.    Enterprises

15.7.2.    Government Bodies

15.7.3.    Cloud Service Providers

15.7.4.    Telecom Companies

15.8.    Middle East AI-powered Storage Market Attractiveness Index

15.8.1.    By Country

15.8.2.    By Offering

15.8.3.    By Storage System

15.8.4.    By Storage Architecture

15.8.5.    By Storage Medium

15.8.6.    By End User

16.    Africa AI-powered Storage Market Analysis and Forecast, 2020–2028

16.1.    Introduction

16.1.1.    Annual Growth Rate Comparison, By Country

16.1.2.    BPS Analysis, By Country

16.2.    Market (US$Mn) Forecast, By Country

16.2.1.    South Africa Countries AI-powered Storage Market

16.2.2.    Egypt AI-powered Storage Market

16.2.3.    North Africa AI-powered Storage Market

16.2.4.    Rest of Africa AI-powered Storage Market

16.3.    Africa AI-powered Storage Market, By Offering

16.3.1.    Hardware

16.3.2.    Software

16.4.    Africa AI-powered Storage Market, By Storage System 

16.4.1.    Direct-attached Storage (DAS)

16.4.2.    Network-attached Storage (NAS)

16.4.3.    Storage Area Network (SAN)

16.5.    Africa AI-powered Storage Market, By Storage Architecture 

16.5.1.    File- and Object-Based Storage

16.5.2.    Object Storage

16.6.    Africa AI-powered Storage Market, By Storage Medium 

16.6.1.    Hard Disk Drive (HDD)

16.6.2.    Solid State Drive (SSD)

16.7.    Africa AI-powered Storage Market, By End User 

16.7.1.    Enterprises

16.7.2.    Government Bodies

16.7.3.    Cloud Service Providers

16.7.4.    Telecom Companies

16.8.    Africa AI-powered Storage Market Attractiveness Index

16.8.1.    By Country

16.8.2.    By Offering

16.8.3.    By Storage System

16.8.4.    By Storage Architecture

16.8.5.    By Storage Medium

16.8.6.    By End User

17.    Competitive Landscape

17.1.    Competition Dashboard

17.2.    Company Share Analysis

17.2.1.    Market Analysis by Tier of Companies

17.2.2.    Market Share Analysis of Top Players

17.2.3.    Market Presence Analysis

17.3.    Regional Footprint of Players

17.3.1.    Product Footprint by Players

17.3.2.    Channel Footprint by Players

17.4.    Company Profiles

17.4.1.    Intel Corporation

17.4.1.1.    Company overview

17.4.1.2.    Financial overview

17.4.1.3.    Key developments

17.4.1.4.    Swot analysis

17.4.1.5.    Strategies

17.4.1.6.    Product analysis

17.4.2.    NVIDIA Corporation

17.4.3.    IBM

17.4.4.    Samsung Electronics

17.4.5.    Pure Storage

17.4.6.    NetApp

17.4.7.    Micron Technology

17.4.8.    CISCO

17.4.9.    Toshiba

17.4.10.    Lenovo

17.4.11.    Dell Technologies

17.4.12.    HPE 

18.    Acronyms

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Frequently Asked Questions

AI-enabled or AI-powered storage employs AI workloads and modern analytics, providing scale-out storage platforms for data-driven businesses. In the present times, most businesses rely on data, however, businesses totally realize the volume of the data they generate, the utility of the data, abolition of undesirable data, and the life-span of that data

Immense volumes of data, which needs to be organized and optimized appropriately and elevating demand for progressive storage architecture in wide-ranging enterprise infrastructure are the key factors driving the growth of market

AI-powered storage market is segmented on the basis of offering, storage system, storage architecture, storage medium, end user, and region.

The key participating players of the global AI-Powered Storage market include Intel Corporation, NVIDIA Corporation, IBM, Samsung Electronics, Pure Storage, NetApp, Micron Technology, CISCO, Toshiba, Lenovo, Dell Technologies, and HPE, among others.