Data Center Storage Market
Data center storage market.
Data center storage market. The global data center flash storage market is likely to emerge from the sudden setback of covid 19 and is also retrace its road to recovery with significant valuation of xx million usd in 2020 further likely to cross over xx million usd by the end of 2027. Technavio presents a detailed picture of the market by the way of study synthesis and summation of data from multiple sources. Global keyword market 2020 27. Technavio has announced its latest market research report titled global data center storage market 2020 2024 graphic.
Technavio has been monitoring the data center storage market and it is poised to grow by usd 126 3 bn during 2020 2024 progressing at a cagr of almost 27 during the forecast period. Data center storage market 2020 2024. The report contains data of the base year 2018 and historic year 2017. Increasing number of data centers and rising adoption of hyper converged infrastructure hci in data centers are the factor for the growth of this market.
Data center energy storage market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow moderately in the forecasted period i e. Global data center storage market. Hyper converged infrastructure hci is an it infrastructure which enables convergence. Increasing preference for hyper converged infrastructure hci in data centers.
Data center storage market industry analysis this study identifies the increasing volume velocity veracity and variety 4vs of data as one of the prime reasons driving the data center storage. Data center energy storage market size and forecast. The data center storage market report covers the following areas. Data center storage is the tools and technologies which are used.