AI Powered Storage Market Trends

  • Report ID: 3796
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

AI Powered Storage Market Trends

Growth Drivers

  • Mounting Need Among Organizations to Refresh their Storage Architecture
  • Increasing Volumes of Data Generated

Challenges

  • Growing Concerns Associated with Data Privacy

AI Powered Storage Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

24.9%

Base Year Market Size (2023)

USD 23.04 billion

Forecast Year Market Size (2036)

USD 414.76 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3796
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving market growth are mounting need among organizations to refresh their storage architecture, and increasing volumes of data generated.

The market is anticipated to attain a CAGR of ~27% over the forecast period, i.e., 2022 – 2030.

Asia Pacific will provide more business opportunities for market growth owing to the high adoption of latest technologies in the region, especially in the region.

The major players in the market are Intel Corporation, NVIDIA Corporation, IBM Corporation, Cisco Systems, Inc., Dell Technologies, Inc., and others.
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