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Next-generation data storage market to grow at a CAGR of +16% between 2017 and 2021

Next-generation data storage market to grow at a CAGR of +16% between 2017 and 2021

This report provides a through outline of Next-Generation Data Storage market based on important parameters such as applications end users, products, regions and many more. An estimated volume revenue growth with respect to global market for Next-Generation Data Storage over the forthcoming years has been mentioned in detail.

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 The next-generation data storage market to Grow at a CAGR of +16% between 2017 and 2021. The major upcoming/trending technologies and products in the next-generation data storage market are DNA storage, holographic storage, controlled replication under scalable hashing (CRUSH), and data fabric technology.

This report provides a detailed analysis of the next-generation data storage market based on storage system, storage architecture, storage technology, end-user industry, and geography.

Next Generation Storage Technology is a state-of-the-art technology that caters to the growing need for improved data storage and management across various industry verticals, including banking, financial services, insurance (BFSI); retail; IT & telecommunication; government; healthcare; manufacturing; and others.

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Reduction in prices of solid-state drives, higher functionality, other cost-effective benefits of the solid-state technology, and longer life span of the storage devices are anticipated to boost the growth for the next generation storage devices market. Further, cloud storage is gaining significant recognition among world enterprises, owing to its low cost of deployment and easy availability.

In addition, cloud offers complete ownership of the storage space and can be accessed from remote places.

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Key Players:

Dell, Inc.

HPE Company

Hitachi Ltd.

IBM Corporation

NetApp, Inc.

Nutanix, Inc.

Oracle StorageTek

Pure Storage, Inc.

Tintri, Inc.

Toshiba Corp.

Geographically, the segmentation is done into several key regions like North America, Middle East & Africa, Asia Pacific, Europe and Latin America. The production, consumption, revenue, shares in mill UDS, growth rate of Next Generation Storage Devices market during the forecast period of 2017 to 2021 is well explained.

The Next Generation Storage Devices market is also explained to the clients as a holistic snapshot of a competitive landscape within the given competitive forecast period. A comparative analysis of regional players and segmentations, which helps readers get a better understanding of the areas and resources with better understanding.

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The report will enable both existing firms and new entrants to clinch the pulse of the market, which sequentially helps firms to congress a greater market share. Companies procuring this report could use any or many of the below listed 5 strategies to extend their market share.

1) Market Penetration: Extensive facts on the products and services offered by dominant players in the Global market. The report inspects the Next Generation Storage Devices market by products, applications, end user and region.

2) Product development/innovation: complex observation on upcoming technologies, R & D activities, and new product introductions in the global market.

3) Market development: complete information on cost effective emerging markets.

The report studies the markets for Next Generation Storage Devices across different regions.

4) Market diversification: Extensive material on new products, untapped regions, recent developments and investments in the Next Generation Storage Devices market.

5) Competitive assessment: Overall estimate of market shares, strategies, products and distribution channels of the main players in the Next Generation Storage Devices market.

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Microeconomic and macroeconomic factors which affect the Next Generation Storage Devices market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the ongoing market throughout the mentioned forecast period.

The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.

The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global Next Generation Storage Devices market. In this reports for the future.

The reports offer the opportunities and restraint that may hit in the future for the market players. Through this report, consumers can easily get the notion for their growth of global Next Generation Storage Devices products in the market.

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