AI-Powered Storage Market

AI-Powered Storage: Introduction

• Data is the fuel that powers Artificial Intelligence. AI-powered storage offers real-time continuous updates from different data sources, optimizes them, and does other intelligent automated work on those updates without any human intervention.
• AI-powered storage requires different analytics tools and processes that offer ultra-fast, high-performance data insights of about billions of stored objects and files, which is helpful for making major business decisions
• AI-powered storage enables organizations to analyze data rapidly and intelligently, delivering insights almost instantaneously
• AI-powered storage improves the security and reliability of storage. It has smart security features to detect data/packet loss during transit or within data centers, which prevents data loss, increases efficiency, and speed

Rise in Demand for AI-Powered Storage Globally

• AI-powered storage is widely used for process optimization & automation, data management, and to increase efficiency of system; hence, it is highly preferred in IT, software, medical sciences, travel, hospitality and retail industries
• It offers encryption and data protection against potential security threats; therefore it is highly preferred in industries such as telecom, BFSI, government, entertainment, and cloud service providers
• Increasing development in data volumes, rising demand for advanced storage architecture in large-scale organization infrastructure, surge in adoption of cloud-based services, and rising need of artificial intelligence in data centers are key factors fueling the global AI-powered storage market

North America to Lead Global AI-Powered Storage Market

• The AI-powered storage market in North America is expected to expand at a high growth rate during the forecast period owing to increased demand for cloud computing; rising investment in data center; and increased spending of e-commerce service providers, such as Amazon, Google, and Microsoft, on storage infrastructure to improve business productivity
• The AI-powered storage market in Asia Pacific is estimated to expand at a substantial pace due to rising connected devices and increasing adoption of cloud-based services and applications in the region

Key Players Operating in Global AI-Powered Storage Market

• Intel Corporation
• Samsung Electronics
• Micron Technology
• Dell Technologies
• Toshiba Corporation
• Pure Storage
• NetApp, Inc.
• NVIDIA Corporation

Global AI-Powered Storage Market: Research Scope

Global AI-Powered Storage Market, by Offering

• Hardware
• Software

Global AI-Powered Storage Market, by Storage System

• Direct-attached Storage (DAS)
• Network-attached Storage (NAS)
• Storage Area Network (SAN)

Global AI-Powered Storage Market, by Storage Architecture

• File and Object-Based Storage
• Object Storage

Global AI-Powered Storage Market, by Storage Medium

• Hard Disk Drive (HDD)
• Solid State Drive (SSD)

Global AI-Powered Storage Market, by End-user

• Enterprises
• Government Bodies
• Cloud Service Providers
• Telecom Companies
• Others

Global AI-Powered Storage Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Mexico
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa