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AI-Powered Storage Market

AI-Powered Storage Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

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
AI-Powered Storage Market

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