LONDON--(BUSINESS WIRE)--TechNavio has announced the publication of a new market research report on the Global Enterprise Storage Market, which is expected to grow at a CAGR of 15 percent from 2014-2019.
About the Report
The latest report by TechNavio emphasizes the highly competitive nature of the market, which is expected to increase R&D efforts to develop innovative new storage solutions. Vendors have started introducing efficient, reliable and high-availability storage systems with additional features and functionalities, in order to attract customers.
“Because of their high functionality, there has been a trend towards storage options like solid state drives, virtualization-optimized storage, capacity optimization and automated storage tiering in the Global Enterprise Storage Market,” says Faisal Ghaus, Vice President of TechNavio.
The new report also focuses on efficient backup and disaster recovery solutions as important criteria for enterprise storage. Cloud storage is quickly becoming the preferred option for enterprises that choose to back up and archive their data.
“Recovery time objective and recovery point objective are two parameters that ensure high efficiency in storage systems and are closely associated with backup and disaster recovery,” says Ghaus.
Key Information Covered in the Report:
- Market segmentation, size and forecast through 2019
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Market Growth Drivers:
- Increased Demand for Cloud Computing
- For a full detailed list, view our report.
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Market Challenges:
- Data Security
- For a full detailed list, view our report.
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Market Trends:
- Competitive Market Leading to Higher R&D Efforts
- For a full detailed list, view our report.
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Key Vendors:
- Dell Inc.
- EMC² Corp.
- Hewlett-Packard (HP) Company
- International Business Machines (IBM) Corp.
- NetApp Inc.
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Other Prominent Vendors:
- Fujitsu
- Oracle
- Pure Storage
- SanDisk
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the storage market:
- Cloud Storage Gateway Market in the US 2015-2019
- Global Solid State Lasers for Data Storage Market 2015-2015
If you are interested in more information, please contact our media team at media@technavio.com.
