Global Enterprise Flash Storage Market is anticipated to grow with a healthy growth rate of more than 13.67% over the forecast period 2023-2030. Enterprise Flash Storage refers to a high-performance storage solution that utilizes flash memory technology, typically in the form of solid-state drives (SSDs), to store and retrieve data in enterprise environment. It offers faster data access, low latency and high input/output operations per second (IOPS), making it well-suited for data-intensive workloads, real-time analytics, and cloud-based applications. Enterprise Flash Storage provides organizations with the ability to efficiently handle large volumes of data, deliver high-speed data processing, and meet the growing demands of modern business applications. The driving factors boosting the market growth are growing adoption of cloud computing and virtualization and increasing demand for high-performance storage.
According to Statista, the revenue from cloud computing was expected to generate more than USD 400 billion in 2022, showing less signs of slowing down. Another factor driving the market is increasing demand for high-performance storage. Enterprise Flash Storage offers faster data access, low latency, and high input/output operations per second (IOPS), making it an ideal choice for businesses requiring rapid data processing and storage. Moreover, advancements in flash storage technology and growing need for data analytics is expected to create lucrative opportunities in the market. However, the high cost of Enterprise Flash Storage solutions and limited storage capacity stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Enterprise Flash Storage Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to its strong technological innovation, large scale enterprises and data-intensive industries, and significant adoption of cloud computing across businesses of all sizes. However, Asia Pacific is expected to be the fastest growing region during the forecast period, owing to factors such as increasing demand for data storage, growing cloud adoption, strong emphasis on digital transformation and increasing IoT adoption.
Major market player included in this report are:
- Pure Storage, Inc.
- Oracle Corporation
- StorCentric, Inc.
- Dell Inc.
- Nimbus Data
- IBM Corporation
- Hewlett Packard Enterprise Development LP
- Western Digital Corporation
- Huawei Technologies Co., Ltd.
- Hitachi Vantara LLC
Recent Developments in the Market:
- In June 2022, Pure Storage Inc. introduced Evergreen/Flex, a fleet-level architecture that extends the capabilities of its Evergreen technology across its entire product portfolio. This new offering, known as Evergreen//One, provides organizations with a consumption-based service model for storage, delivering enhanced flexibility, transparency, and simplicity. It includes proactive monitoring, non-disruptive upgrades, and ensures performance and usage service level agreements (SLAs) are met. With Evergreen//One, Pure Storage takes on the responsibility of delivering storage precisely where it is needed, providing an on-demand storage service with the option for on-premises deployment.
Global Enterprise Flash Storage Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, End-User Industry, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- All-Flash Array
- Hybrid Flash Array
By End-User Industry:
- IT & Telecom
- BFSI
- Healthcare
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Enterprise Flash Storage Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Enterprise Flash Storage Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Enterprise Flash Storage Market, by End-User Industry, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Enterprise Flash Storage Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Enterprise Flash Storage Market Dynamics
- 3.1. Enterprise Flash Storage Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing adoption of cloud computing and virtualization
- 3.1.1.2. Increasing demand for high-performance storage
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Enterprise Flash Storage solutions
- 3.1.2.2. Limited storage capacity
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in flash storage technology
- 3.1.3.2. Growing need for data analytics
Chapter 4. Global Enterprise Flash Storage Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Enterprise Flash Storage Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Enterprise Flash Storage Market by Type, Performance - Potential Analysis
- 5.3. Global Enterprise Flash Storage Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Enterprise Flash Storage Market, Sub Segment Analysis
- 5.4.1. All-Flash Array
- 5.4.2. Hybrid Flash Array
Chapter 6. Global Enterprise Flash Storage Market, by End-User Industry
- 6.1. Market Snapshot
- 6.2. Global Enterprise Flash Storage Market by End-User Industry, Performance - Potential Analysis
- 6.3. Global Enterprise Flash Storage Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Billion)
- 6.4. Enterprise Flash Storage Market, Sub Segment Analysis
- 6.4.1. IT & Telecom
- 6.4.2. BFSI
- 6.4.3. Healthcare
Chapter 7. Global Enterprise Flash Storage Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Enterprise Flash Storage Market, Regional Market Snapshot
- 7.4. North America Enterprise Flash Storage Market
- 7.4.1. U.S. Enterprise Flash Storage Market
- 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End-User Industry breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Enterprise Flash Storage Market
- 7.5. Europe Enterprise Flash Storage Market Snapshot
- 7.5.1. U.K. Enterprise Flash Storage Market
- 7.5.2. Germany Enterprise Flash Storage Market
- 7.5.3. France Enterprise Flash Storage Market
- 7.5.4. Spain Enterprise Flash Storage Market
- 7.5.5. Italy Enterprise Flash Storage Market
- 7.5.6. Rest of Europe Enterprise Flash Storage Market
- 7.6. Asia-Pacific Enterprise Flash Storage Market Snapshot
- 7.6.1. China Enterprise Flash Storage Market
- 7.6.2. India Enterprise Flash Storage Market
- 7.6.3. Japan Enterprise Flash Storage Market
- 7.6.4. Australia Enterprise Flash Storage Market
- 7.6.5. South Korea Enterprise Flash Storage Market
- 7.6.6. Rest of Asia Pacific Enterprise Flash Storage Market
- 7.7. Latin America Enterprise Flash Storage Market Snapshot
- 7.7.1. Brazil Enterprise Flash Storage Market
- 7.7.2. Mexico Enterprise Flash Storage Market
- 7.8. Middle East & Africa Enterprise Flash Storage Market
- 7.8.1. Saudi Arabia Enterprise Flash Storage Market
- 7.8.2. South Africa Enterprise Flash Storage Market
- 7.8.3. Rest of Middle East & Africa Enterprise Flash Storage Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Pure Storage, Inc.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Oracle Corporation
- 8.3.3. StorCentric, Inc.
- 8.3.4. Dell Inc.
- 8.3.5. Nimbus Data
- 8.3.6. IBM Corporation
- 8.3.7. Hewlett Packard Enterprise Development LP
- 8.3.8. Western Digital Corporation
- 8.3.9. Huawei Technologies Co., Ltd.
- 8.3.10. Hitachi Vantara LLC
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption