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Global Enterprise Flash Storage Market Size, Share Insights 2020-2023| Comprehensive Study, Revenue, Outlook, Massive Growth and Forecast, Development Status, Competitive Landscape and Growth

02-04-2020 12:38 PM CET | IT, New Media & Software

Press release from: Market Reports World

The "Enterprise Flash Storage" Market 2020-2023 Report involve of strong research on global Enterprise Flash Storage industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global Enterprise Flash Storage market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide Enterprise Flash Storage industry.

Get a sample copy of the report at- https://www.marketreportsworld.com/enquiry/request-sample/12346134

Top Manufacturers Listed in the Enterprise Flash Storage Market Report are:
o Pure Storage
o Virident Systems
o Inc.
o Violin Memory
o Oracle Corporation
o NetApp Inc.
o EMC Corporation
o Kaminario
o Nimble Storage Inc.
o Nimbus Data Systems Inc.
o Skyera Inc.
o Tegile Systems
o Inc.
o Western Digital Corporation
o WhipTail Technologies
o Inc.
o LSI Corporation
o Fusion-IO
o Inc.

The enterprise flash storage market expected to register a CAGR of 13.67%, during the forecast period (2018-2023). A huge amount of raw data is being generated everyday, leading to data storage crisis for the companies. The enterprises storage market is presently the most active place; storage users have been subjected to repeated hype for the last couple of decades. People have shifted from hard disk drives (HDDs) to solid-state drives (SSDs); they are further expected to move towards the upcoming all-flash arrays (AFAs). Enterprises are trying to figure out a way to deploy approaches to gain maximum return on investment strategically. There has been a rapid growth in the flash drive revenues over the last few years, with enterprise storage devices recording a 50% annual growth per year.
The scope of the study is segmented by End-user industry, such as IT Industry, Defense, Chemicals, Automotive and Electronics, and region.
Growing Need for Devices That Perform Better is the Major Driver for the Market
Information is a critical business resource, and like any other critical resource, it must be properly managed and protected. Information storage and exchange needs to be secure to ensure an efficient record management. The dire need for faster and robust devices to process and store data is rising rapidly as the amount of data being generated is growing at an unparalleled rate owing to the technological advancements. The need for faster performing devices has led to the implementation of the idea of flash storage. Flash is a memory type that works efficiently and quickly as compared to the conventional HDDs, without continuous power. Solid-state drives nowadays are being implemented with the NAND-based flash memory to allow the memory to retain data without the power as well. Flash storage can boot in a matter of seconds and handle large workloads much more efficiently, which makes it for complex data sets and operations. Businesses require fast processing for their applications and quick access to stored data. This makes flash memory storage an ideal application for their use.
Beyond function, another important attribute of the flash storage is its durability; this can be attributed to the fact that it does not have any moving parts unlike the hard drives, which are spinning on disks. Such a factor plays a very important role in data security where the data is not lost easily as the device is not damaged often. Lack of parts makes it run more efficiently, thus making is a cost-effective option. Additionally, flash storage does not require much power to run, compared to the other hard drives. This adds to their popularity in the market.
IT industry is expected to Hold Major Market Share
Rapid growth in the usage of storage devices is justified by the increase of data being generated and processed by the companies. SSDs were primarily being used either in consumer devices, or to add a little boost in the performance to a server or storage array. The market has evolved considerably since then, as research proves that the usage of storage devices has moved into almost every area of the data center and penetrated into different areas within IT. Demand for the flash devices will remain strong in both the client and the enterprise markets for the next few years owing to the advancements in technology, which increases the availability of better technology at a lower price.
HDDs are not exhausted in the market and they still hold a considerable share. The IT industry relied immensely on the hard drives to store data before the evolution of cloud and online drives. However, the rate of growth of the flash storage devices is significantly higher in the market. This transformation is slowly underway, but an effective solution to store data physically enables data security more than any other online database that is used for storage.
North America is expected to Hold Major Market Share
North America is the region where most of the companies have their origin, and hence have developed a base to experiment before adopting it on a large scale all over the world. A lot of active data in the enterprise data center is moving from the legacy disk to the flash implementations. Upcoming startups in the whole of Silicon Valley are bent on developing products. Hence, they generate huge customized data sets. Moreover, as corporate espionage on any scale is dangerous, having a physical data storage device is always more helpful than storing it in cloud or online drives. Flash storage is evolving continuously and rapidly at a rapid pace and these rapid advancements will drive the price of this expensive technology lower, thus, making it a much more widely used tool by the enterprises, which cannot afford it. Small and medium sized companies rely on faster access and processing of huge amounts of raw data, which make flash storage devices the ideal solution.
Key Development in the Market
o November 2019 - AccelStor launched NeoSapphire H710 all-flash array. The most common demand and need for HPC is expected to come from scientific researchers, engineers, and academic institutions. NeoSapphire H710 is expected to benefit extreme-scale computing, reliability and high availability.

Enquire before Purchasing this report at- https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12346134

Regional Segmentation Includes:
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
Reasons to Purchase the Enterprise Flash Storage Market Report:
- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market size and Share.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Enterprise Flash Storage Market growth during the forecast period.
- Identify the latest developments, Enterprise Flash Storage market shares and strategies employed by the major market players.

Buy this report (Price 4250 USD for single user license) at- https://www.marketreportsworld.com/purchase/12346134

Major Points from Table of Contents:
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Evolution of Hybrid Flash Arrays and surge in sales of AFAs.
4.2.2 Impact of Business Accelerators
4.2.3 Mobile device population explosion
4.3 Factors Challenging the Market
4.3.1 Compatibility and Optimum Storage performance issues
4.3.2 Initial Costs
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Industry Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products or Services
4.5.5 Competitive Rivalry among Existing Competitors
5. Global Enterprise Flash Storage Market Segmentation
5.1 By Industry
5.1.1 IT Industry
5.1.2 Defense
5.1.3 Chemicals
5.1.4 Automotive
5.1.5 Electronics
5.1.6 Others
5.2 By Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Latin America
5.2.5 Middle East & Africa
6. Competitive Intelligence - Company Profiles
6.1 Pure Storage
6.2 Virident Systems, Inc.
6.3 Violin Memory
6.4 Oracle Corporation
6.5 NetApp Inc.
6.6 EMC Corporation
6.7 Kaminario
6.8 Nimble Storage Inc.
6.9 Nimbus Data Systems Inc.
6.10 Skyera Inc.
6.11 Tegile Systems, Inc.
6.12 Western Digital Corporation
6.13 WhipTail Technologies, Inc.
6.14 LSI Corporation
6.15 Fusion-IO, Inc.
*List is not Exhaustive
7. Investment Analysis
8. Future Outlook of Enterprise Flash Storage Market

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Market Reports World is the credible source for gaining the market reports that will provide you with the lead your business needs.

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