AI Powered Storage Market Trends

  • Report ID: 3796
  • Published Date: Dec 26, 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

2024

Forecast Year

2025-2037

CAGR

24.9%

Base Year Market Size (2024)

USD 28.78 billion

Forecast Year Market Size (2037)

USD 518.09 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • 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: Dec 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of AI powered storage is assessed at USD 34.87 billion.

AI Powered Storage Market size was over USD 28.78 billion in 2024 and is projected to reach USD 518.09 billion by 2037, witnessing around 24.9% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is expected to dominate majority revenue share by 2037, driven by high adoption of latest technologies 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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