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DATA CENTER FLASH STORAGE MARKET SIZE TO REACH USD 24 BILLION, GROWING AT A CAGR OF 16% DURING THE FORECAST PERIOD
Data Center Flash Storage Market in Size, Share, & Trends Analysis Report by Systems (DAS, SAN, and NAS), end-users (cloud/IT services, BFSI, healthcare, retail, and others), and geography (Americas, Europe, APAC, and MEA), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2024
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DATA CENTER FLASH STORAGE MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
MARKET SIZE (REVENUE) | USD 24 BILLION (2024) |
CAGR | 16% (2019-2024) |
BASE YEAR | 2018 |
FORECAST YEAR | 2019-2024 |
MARKET SEGMENTS | Systems (DAS, SAN, and NAS), end-users (cloud/IT services, BFSI, healthcare, retail, and others) |
GEOGRAPHIC ANALYSIS | Americas, Europe, APAC, and MEA |
COUNTRIES COVERED | US, Canada, Latin America, UK, Germany, France, China, Japan, India, GCC, and South Africa |
INDUSTRY INSIGHTS
Vendors of all-flash storage solutions are offering hybrid arrays that combine both SSD and HDD in a single system
The increased adoption of cloud, big data, IoT, artificial intelligence technologies is aiding the digitalization of the enterprise's business environment, thereby leading to the procurement of all-flash storage solutions. Hard disk drives were traditionally used to store and process data in mission-critical facilities. However, with the growing demand for performance and efficiency among complex mission-critical and high-performance computing applications, all-flash storage solutions were introduced in the market a decade ago to overcome the pitfalls of traditional storage systems. These are a type of external storage systems that use solid-state drives (SSD) rather than spinning hard disk drives (HDD) to store and process data. Vendors offer hybrid arrays that combine both SSD and HDD in a single system. There are also server systems offered in the market that support solid state drives (SSD) such as server-side SSD systems. All-flash arrays offer shared storage in the network-attached storage (NAS) and storage area network (SAN) environment.
DATA CENTER FLASH STORAGE MARKET DYNAMICS
The rapid decline in the cost of SSD drives is expected to aid the data center flash storage market during the forecast period.
The complexity of enterprise application has increased significantly in the past five years after the advent and adoption of cloud and big data analytics. The increase in the data traffic has intensified application Input/Output (I/O) operations in the data center environment. To support the growing I/O traffic, server systems in data centers are equipped with the latest hardware along with associated storage and network devices. Mission-critical applications act as a backbone for business operations, therefore, improper functioning of these applications is likely to result in huge losses. A majority of enterprise database applications are running in the all-flash storage environment along with applications such as analytics and virtual desktop infrastructure (VDI).
The adoption of converged and hyper-converged infrastructure and the rapid decline in the SSD drives cost is expected to aid the growth of the global data center storage market during the forecast period. Converged infrastructure is a hardware platform, where servers with the internal or external storage and network switches are offered as integrated rack scale systems. The difference between converged and hyper-converged infrastructure is the software layer. In the hyper-converged infrastructure, the software layer simplifies resource allocations between multiple workloads and automates the process in an effective manner to reduce the administrative time of managing infrastructure in the data center environment.
DATA CENTER FLASH STORAGE MARKET SEGMENTATION
This market research report includes a detailed segmentation of the data center flash storage market by
- Systems
- Industries
- Geography
DATA CENTER FLASH STORAGE MARKET: SYSTEMS
SAN is a common storage networking architecture for business-critical applications with high throughput and low latency
Storage Area Network (SAN), Network Attached Storage (NAS), and Direct Attached Storage (DAS) are the three significant system architecture in the data center environment. The SAN segment has dominated the market and is expected to grow at a CAGR of around 18% during the forecast period. SAN systems enable the block-level access to data and are based on the interconnection scheme such as FC SAN and iSCSI SAN. FC SAN enables communication between the server and the external storage system at a speed of 2−32 Gbps, whereas iSCSI SAN communication can be achieved over the Ethernet network. SAN is one of the most common storage networking architectures used for business-critical applications for high throughput and low latency. The advent of flash storage solutions has prompted vendors to redesign their SAN systems to support hybrid disk and all-flash-only storage systems.
NAS is the second-most-popular system, which allows file-level access to data. All-flash NAS systems are witnessing high demand from enterprises which have a chunk of unstructured data and require a high-capacity file storage system. It is expected that after 2020, the reducing cost all-flash NAS solutions will be a major driver for their adoption.DAS is a traditional topology where storage devices are attached to the servers through a direct communication path.
Dell EMC Islion is the leading all flash scale-out NAS solution available in the data center flash storage market. Innovations in the market have aided the availability of all-flash unified storage systems that support both (NAS) and block (SAN) data storage.
DATA CENTER FLASH STORAGE MARKET: END-USERS
Constant innovations to increase the effectiveness of flash systems in data centers
Cloud/IT services, BFSI, healthcare, media and entertainment, and others are the prominent end-users of the data center flash storage market. Cloud/IT services are dominating the market and are expected to grow at a CAGR of 18% during 2018–2024. These services are offered cloud service providers (CSPs) and other managed hosting services providers. Cloud/IT services are offered as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Cloud service providers procure of a variety of systems that include all-flash SAN, NAS, and server-side SSD products. They are constantly innovating their systems and architecture to increase the effectiveness of flash systems in data centers. Amazon Web Services, Google, Alibaba, and Microsoft are a few leading cloud service providers worldwide.
Industries such as manufacturing, energy, automotive, government, education, retail/e-commerce, and telecommunication are adopting all-flash storage systems in their on-premises data center and colocation facilities. Also, the increased data generation through the adoption of IoT technologies in manufacturing, energy and automotive sectors will be a major driver for the adoption of all-flash storage solutions. Further, decreasing costs of these storage devices will increase the application of these storage devices in these industries. Manufacturing, automotive, and retail/e-commerce sectors are likely to contribute significantly toward the revenue growth of the data center flash storage market during the forecast period.
DATA CENTER FLASH STORAGE MARKET: GEOGRAPHY
China and India are expected to witness strong adoption of all-flash solutions during the forecast period
The US is a leading country for data center flash storage adoption, followed by Germany, China, the UK, and Japan. The data center market in US is growing due to investments from colocation providers, hyperscale data center operators, enterprises, and government agencies. Growing internet penetration, increasing the use of social media, the rising smartphone penetration, the increasing adoption of the public cloud and hybrid cloud servicesare the factors driving the market globally. The adoption of all-flash storage solutions has increased in several industries, and the growing internet traffic, coupled with infrastructure supporting IoT and artificial intelligence workloads in data centers, will increase all-flash adoption during the forecast period in existing and new facilities.
In the APAC region, China and India are expected to witness strong adoption of all-flash solutions during the forecast period. The adoption of all-flash systems in Southeast Asia is currently low, however, it is expected to have an impact on the global data center flash storage market after 2022. Increasing investments from hyperscale service providers, adoption of managed hosting services, procurement of high-performance computing infrastructure, high occupancy rates in colocation facilities are likely to drive the all-flash across the market in APAC during the forecast period.
The data center flash storage market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
Systems
- Direct Attached Storage (DAS)
- Storage Area Networking (SAN)
- Network Attached Storage (NAS)
Industries
- Cloud/IT services
- BFSI
- Healthcare
- Retail
- Others
Geography
- Americas
- US
- Canada
- Latin America
- Europe
- UK
- Germany
- France
- APAC
- China
- Japan
- India
- MEA
- GCC
- South Africa
Frequently Asked Questions
What is the data center flash storage market size and growth forecast?
What are the factors boosting the growth of all-flash storage solutions?
Who are the key players in the data center flash storage market?
How is the adoption of hyper-converged infrastructure impacting the data center flash storage market?
The data center flash storage market is expected to reach around $24 billion, growing at a CAGR of nearly about 16% during 2018–2014.
The market is driven by the growing demand for flash storage solutions in the cloud environment. Investments by cloud service providers Microsoft, Google, AWS, and Alibaba and enterprise colocation of data centers to run hybrid infrastructure services will boost revenues in the global market. The market research report provides in-depth market analysis and segmental analysis of the data center flash storage market by systems, end-users, and geography.
Base Year: 2018
Forecast Year: 2019–2024
The report considers the present scenario of the data center flash storage market and its market dynamics for the period 2018−2024. The study covers a detailed overview of various market growth enablers, restraints, and trends. It covers both the demand and supply aspect of the market. The report profiles and examines leading companies and several other prominent companies operating in the market.
Major Vendors
- Dell Technologies
- Business Overview
- Major Product Offerings
- Key News
- Hewlett Packard Enterprise
- International Business Machines (IBM)
- NetApp
- Pure Storage
Other Prominent Vendors:
- AccelStor
- Business Overview
- Product Offering
- Avere Systems
- DataDirect Networks (DDN)
- Fujitsu
- Hitachi Vantara
- Huawei
- Infortrend Technology
- Inspur Group
- Intel
- Kaminario
- Lenovo
- Micron
- Mitac International
- Nimbus Data
- Pivot3
- QNAP
- Quanta Cloud Technology
- Samsung
- Seagate
- SK Hynix (SK Group)
- Super Micro Computer
- Synology
- Toshiba
- Violin System
- Western Digital
- Wiwynn
Market Segmentation by Systems
- Direct Attached Storage (DAS)
- Storage Area Networking (SAN)
- Network Attached Storage (NAS)
Market Segmentation by Industries
- Cloud/IT services
- BFSI
- Healthcare
- Retail
- Others
Market Segmentation by Geography
- Americas
- US
- Canada
- Latin America
- Europe
- UK
- Germany
- France
- APAC
- China
- Japan
- India
- MEA
- GCC
- South Africa
List of Exhibits
Exhibit 1 Segmentation of Global Data Center Flash Storage Market
Exhibit 2 Market Size Calculation Approach 2018
Exhibit 3 Impact of Increasing Procurement of Flash for Critical Applications
Exhibit 4 Impact of Growing Demand for Flash Storage in Cloud Environments
Exhibit 5 Impact of Growing Business and Consumer Data
Exhibit 6 Global IP Traffic 2017
Exhibit 7 Impact of Declining Cost of SSDs Increasing All-flash Storage Adoption
Exhibit 8 ASP of SSD per Gigabyte 2016−2024
Exhibit 9 ASP of HDD per Gigabyte (2016−2024)
Exhibit 10 Impact of Adoption of Hybrid Flash Arrays
Exhibit 11 Global Data Center Hybrid Flash Array Market 2018−2024 ($ billion)
Exhibit 12 Impact of Adoption of IT Budget & Planning Constraints
Exhibit 13 Impact of Rising Implementation of SDS Solutions
Exhibit 14 Impact of Incorporation of All-flash in Converged &Hyperconverged Platforms
Exhibit 15 Impact of NVMe Flash Storage to Replace SAS/SATA Flash Solutions
Exhibit 16 Impact of Emergence of QLC NAND Flash Drives
Exhibit 17 QLC, MLC, and TLC Adoption Among Data Center 2018 & 2024
Exhibit 18 Global Flash Storage Market 2018−2024 ($ billion)
Exhibit 19 Five Forces Analysis 2018
Exhibit 20 Incremental Growth by Systems 2018−2024
Exhibit 21 Global Data Center SAN Market 2018−2024 ($ billion)
Exhibit 22 Global Data Center NAS Market 2018−2024 ($ billion)
Exhibit 23 Global Data Center DAS Market 2018−2024 ($ billion)
Exhibit 24 Incremental Growth by End-user 2018−2024
Exhibit 25 Global Data Center Cloud/IT Services Flash Storage Market 2018−2024 ($ billion)
Exhibit 26 Global Data Center BFSI Flash Storage Market 2018−2024 ($ billion)
Exhibit 27 Global Data Center Media & Entertainment Flash Storage Market 2018−2024 ($ billion)
Exhibit 28 Global Data Center Healthcare Flash Storage Market 2018−2024 ($ billion)
Exhibit 29 Global Data Center Other Flash Storage Market 2018−2024 ($ billion)
Exhibit 30 Incremental Growth by Geography 2018−2024
Exhibit 31 Market by Regions
Exhibit 32 Market in Americas 2018–2024 ($ billion)
Exhibit 33 Incremental Growth in Americas 2018−2024
Exhibit 34 Market in US 2018–2024 ($ billion)
Exhibit 35 Market in Canada 2018–2024 ($ billion)
Exhibit 36 Market in Latin America 2018–2024 ($ billion)
Exhibit 37 Market in Europe 2018–2024 ($ billion)
Exhibit 38 Incremental Growth in Europe 2018–2024
Exhibit 39 Market in UK 2018–2024 ($ billion)
Exhibit 40 Market in Germany 2018–2024 ($ billion)
Exhibit 41 Market in France 2018–2024 ($ billion)
Exhibit 42 Market in APAC 2018–2024 ($ billion)
Exhibit 43 Incremental Growth in APAC 2018–2024
Exhibit 44 Market in China & Hong Kong 2018–2024 ($ billion)
Exhibit 45 Market in India 2018–2024 ($ billion)
Exhibit 46 Market in Japan 2018–2024 ($ billion)
Exhibit 47 Market in MEA 2018–2024 ($ billion)
Exhibit 48 Incremental Growth in MEA 2018–2024
Exhibit 49 Market in GCC 2018–2024 ($ billion)
Exhibit 50 Market in South Africa 2018–2024 ($ billion)
Exhibit 51 Global Flash Storage Market Share (2018)
Exhibit 52 Global SSD Market Share by Capacity Shipped (2018)
Exhibit 53 SSD Shipment Share by Interface 2018
List of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2018
Table 3 Global Flash Storage Market 2018–2024 ($ billion)
Table 4 Market by Systems 2018–2024 ($ billion)
Table 5 Market by End-User 2018–2024 ($ billion)
Table 6 Market by Geography 2018–2024 ($ billion)
Table 7 Market in Americas 2018–2024 ($ billion)
Table 8 Market in Europe 2018–2024 ($ billion)
Table 9 Market in APAC 2018–2024 ($ billion)
Table 10 Market in MEA 2018–2024 ($ billion)
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Systems
4.4.2 Market Segmentation by Industries
4.4.3 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market At A Glance
7 Introduction
7.1 Overview
7.1.1 SSD Interface
7.1.2 SSD Form Factor
7.1.3 Flash Memory
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Increasing Procurement of Flash for Critical Applications
8.1.2 Growing Demand for Flash Storage in Cloud Environments
8.1.3 Growing Business and Consumer Data
8.1.4 Declining Cost of SSDs Increasing All-flash Storage Adoption
8.2 Market Growth Restraints
8.2.1 Adoption of Hybrid Flash Arrays
8.2.2 IT Budget & Planning Constraints
8.3 Market Opportunities & Trends
8.3.1 Rising Implementation of SDS Solutions
8.3.2 Incorporation of All-flash in Converged & Hyperconverged Platforms
8.3.3 NVMe Flash Storage to Replace SAS/SATA Flash Solutions
8.3.4 Emergence of QLC NAND Flash Drives
9 Global Data Center Flash Storage Market
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 By Systems
10.1 Market snapshot & Growth Engine
10.2 Storage Area NetwoRking (SAN) Systems
10.2.1 Market Overview
10.2.2 Market Size & Forecast
10.3 Network Attached Storage (NAS) Systems
10.3.1 Market Overview
10.3.2 Market Size & Forecast
10.4 Direct Attached Storage (DAS) Systems
10.4.1 Market Overview
10.4.2 Market Size & Forecast
11 By End-User
11.1 Market snapshot & Growth Engine
11.2 Cloud/IT Services
11.2.1 Market Overview
11.2.2 Market Size & Forecast
11.3 BFSI
11.3.1 Market Overview
11.3.2 Market Size & Forecast
11.4 Media & Entertainment
11.4.1 Market Overview
11.4.2 Market Size & Forecast
11.5 Healthcare
11.5.1 Market Overview
11.5.2 Market Size & Forecast
11.6 Other sectors
11.6.1 Market Overview
11.6.2 Market Size & Forecast
12 By Geography
12.1 Market snapshot & Growth Engine
12.2 Overview
13 Americas
13.1 Market Overview
13.2 Market Size & Forecast
13.3 Countries/Regions
13.3.1 US: Market Size & Forecast
13.3.2 Canada: Market Size & Forecast
13.3.3 Latin America: Market Size & Forecast
14 Europe
14.1 Market Overview
14.2 Market Size & Forecast
14.3 Countries
14.3.1 UK: Market Size & Forecast
14.3.2 Germany: Market Size & Forecast
14.3.3 France: Market Size & Forecast
15 APAC
15.1 Market Overview
15.2 Market Size & Forecast
15.3 Key Countries/Regions
15.3.1 China & Hong Kong: Market Size & Forecast
15.3.2 India: Market Size & Forecast
15.3.3 Japan: Market Size & Forecast
16 Middle-East And Africa
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Key Countries/Regions
16.3.1 GCC: Market Size & Forecast
16.3.2 South Africa: Market Size & Forecast
17 Competitive Landscape
17.1 Market Share by System Vendors
17.2 Market Share by SSD Vendors
18 Key Company Profiles
18.1 DELL TECHNOLOGIES
18.1.1 Business Overview
18.1.2 Product Offerings
18.1.3 Key News
18.2 Hewlett Packard Enterprise (HPE)
18.2.1 Business Overview
18.2.2 Product Offerings
18.2.3 Key News
18.3 IBM
18.3.1 Business Overview
18.3.2 Product Offerings
18.3.3 Key News
18.4 NetApp
18.4.1 Business overview
18.4.2 Product Offerings
18.4.3 Key news
18.5 Pure Storage
18.5.1 Business Overview
18.5.2 Product Offerings
18.5.3 Key News
19 Other Prominent Vendors
19.1 ACCELSTOR
19.1.1 Business Overview
19.1.2 Product Offerings
19.1.3 Key News
19.2 AVERE SYSTEMS (MICROSOFT)
19.2.1 Business Overview
19.2.2 Product Offerings
19.2.3 Key News
19.3 DATADIRECT NETWORKS
19.3.1 Business Overview
19.3.2 Product Offerings
19.3.3 Key News
19.4 FUJITSU
19.4.1 Business Overview
19.4.2 Product Offerings
19.4.3 Key News
19.5 HITACHI VANTARA
19.5.1 Business Overview
19.5.2 Product Offerings
19.5.3 Key News
19.6 HUAWEI
19.6.1 Business overview
19.6.2 Product Offerings
19.6.3 Key News
19.7 INFORTREND TECHNOLOGY
19.7.1 Business Overview
19.7.2 Product Offerings
19.7.3 Key News
19.8 INSPUR
19.8.1 Business Overview
19.8.2 Product Offerings
19.8.3 Key News
19.9 INTEL
19.9.1 Business Overview
19.9.2 Product Offerings
19.9.3 Key News
19.1 KAMINARIO
19.10.1 Business Overview
19.10.2 Product Offerings
19.10.3 Key News
19.11 LENOVO
19.11.1 Business Overview
19.11.2 Product Offerings
19.11.3 Key News
19.12 MICRON
19.12.1 Business overview
19.12.2 Product Offerings
19.12.3 Key News
19.13 MITAC HOLDINGS
19.13.1 Business Overview
19.13.2 Product Offerings
19.13.3 Key News
19.14 NIMBUS DATA
19.14.1 Business Overview
19.14.2 Product Offerings
19.14.3 Key News
19.15 PIVOT3
19.15.1 Business Overview
19.15.2 Product Offerings
19.16 QNAP SYSTEMS
19.16.1 Business Overview
19.16.2 Product Offerings
19.17 QUANTA CLOUD TECHNOLOGY (QUANTA COMPUTER)
19.17.1 Business Overview
19.17.2 Product Offerings
19.18 SAMSUNG
19.18.1 Business Overview
19.18.2 Product Offerings
19.18.3 Key News
19.19 SEAGATE TECHNOLOGY
19.19.1 Business Overview
19.19.2 Product Offerings
19.19.3 Key News
19.20 SK HYNIX (SK GROUP)
19.20.1 Business Overview
19.20.2 Product Offerings
19.20.3 Key News
19.21 SUPER MICRO COMPUTER
19.21.1 Business Overview
19.21.2 Product Offerings
19.21.3 Key News
19.22 SYNOLOGY
19.22.1 Business Overview
19.22.2 Product Offerings
19.23 TOSHIBA
19.23.1 Business Overview
19.23.2 Product Offerings
19.23.3 Key News
19.24 VIOLIN SYSTEMS
19.24.1 Business Overview
19.24.2 Product Offerings
19.24.3 Key News
19.25 WESTERN DIGITAL
19.25.1 Business Overview
19.25.2 Product Offerings
19.25.3 Key News
19.26 WIWYNN (WISTRON)
19.26.1 Business Overview
19.26.2 Product Offerings
20 Report Summary
20.1 Key Takeaways
20.2 Quantitative Summary
20.2.1 Overall Market Size
20.2.2 Market by Systems
20.2.3 Market by End-User
20.2.4 Market by Geography
20.2.5 Market in Americas
20.2.6 Market in Europe
20.2.7 Market in APAC
20.2.8 Market in MEA
21 Appendix
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Frequently Asked Questions
What is the data center flash storage market size and growth forecast?
What are the factors boosting the growth of all-flash storage solutions?
Who are the key players in the data center flash storage market?
How is the adoption of hyper-converged infrastructure impacting the data center flash storage market?