Global AI-powered Storage Market (2022 to 2027) - Players Include Cadence Design Systems, Cisco Systems, Dell and Google - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global AI-powered Storage Market (2022-2027) by Storage System, Offering, Storage Architecture, Storage Medium, End Users Industry, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global AI-powered Storage Market is estimated to be USD 11.64 Bn in 2022 and is projected to reach USD 37.77 Bn by 2027, growing at a CAGR of 26.54%.

Market dynamics are forces that impact the prices and behaviors of the Global AI-powered Storage Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global AI-powered Storage Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The report analyses the Global AI-powered Storage Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global AI-powered Storage Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

• Increasing Adoption of Cloud-Based Services and Applications
• Increasing Requirement of AI in High Performance Computing Data Centres
• Adoption of robotics in warehousing
• Decision Making Is Driven by Rising Adoption of Data Analytics

Restraints

• Lack of Technically Skilled Personnel in AI Hardware and Irregularity of AI Algorithms
• Irregularity of AI Algorithms Coupled with Lack of Skilled Professionals

Opportunities

• Growing Government Regulations Related with Data Generation
• Demand for AI in High Performance Computing Data centres

Challenges

• Increasing Concerns Related with Data Privacy

Market Segmentations

The Global AI-powered Storage Market is segmented based on Storage System, Offering, Storage Architecture, Storage Medium, End Users Industry, and Geography.

• By Storage System, the market is classified into Network Attached Storage (NAS), Direct Attached Storage (DAS), and Storage Area Network (SAN).
• By Offering, the market is classified into Hardware and Software.
• By Storage Architecture, the market is classified into Object Storage and File and Object Based Storage.
• By Storage Medium, the market is classified into Solid State Drive (SSD) and Hard Disk Drive (HDD).
• By End Users Industry, the market is classified into Enterprises, Government Bodies, Cloud Service Providers, and Telecom Companies.
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

• Advanced Micro Devices
• Amazon Web Services
• Arm
• Cadence Design Systems
• Cisco Systems
• Dell
• Google
• Graphcore
• Gyrfalcon Technology
• Hewlett Packard Enterprise Development
• IBM Technology company
• Intel
• Lenovo
• Micron Technology
• Microsoft
• MIPS Technologies
• Nvidia
• Pure Storage
• Samsung Electronics
• SK hynix
• Synopsys
• Xilinx

For more information about this report visit https://www.researchandmarkets.com/r/7nj1ws