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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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Most Exhaustive Report

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171 Pages

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10 Tables

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53 Charts

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4 Regions

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11 Countries

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31 Companies

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3 Market Segment

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 data center flash 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?

The data center flash storage market is expected to reach around USD 24 billion and is expected to grow at a CAGR of nearly about 16% during the forecast period

What are the factors boosting the growth of all-flash storage solutions?

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.

Who are the key players in the data center flash storage market?

The key players are Dell Technologies, Hewlett Packard Enterprise, International Business Machines (IBM), NetApp, and Pure Storage

How is the adoption of hyper-converged infrastructure impacting the data center flash storage market?

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 data center flash storage market during the forecast period.

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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

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

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)

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