Middle East & Africa Data Storage Market Size 2021 Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2025

-

 The MEA data storage market was valued at US$ 2,790 Mn in 2016 and is projected to reach US$ 8,431.3 Mn by 2025 end. Sales revenue is expected to increase at a CAGR of 13.6% during the forecast period i.e. 2017–2025. According to a new report published by Future Market Insights titled “Data Storage Market: Middle East & Africa Industry Analysis (2012-2016) and Opportunity Assessment (2017–2025),” major factors responsible for the growth of the data storage market in MEA include increased investments in infrastructure, a notable shift in data centre investments from being server centric to more data and storage centric, and increased adoption of entry-level and mid-range storage devices.

MEA Data Storage Market: Prominent Trends

  • Adoption of hybrid cloud storage solutions by small and medium enterprises and software defined storage solutions by large enterprises
  • Demand changes in OPEX and CAPEX
  • Emergence of enterprise flash controllers
  • Demand for secure data storage solutions in defence, aerospace and BFSI verticals
  • Adoption of cloud based data storage solutions with hyper-converged infrastructure

Request to View Sample Report – https://www.futuremarketinsights.com/reports/sample/REP-GC-1237

MEA Data Storage Market: Segmental Analysis

The MEA data storage market covers consumer data storage devices and enterprise data storage solutions. For each of these categories, the market has been segmented on the basis of end user, vertical and region. On the basis of storage type, the GCC data storage market is segmented into consumer storage and enterprise storage. In terms of revenue, enterprise storage is projected to be the most attractive segment in the GCC data storage market during the forecast period. The enterprise storage segment is also expected to register high Y-o-Y growth rates throughout the forecast period and is expected to expand at a robust CAGR between 2017 and 2025. On the basis of end user, the GCC data storage market is segmented into commercial and residential segments. The residential segment was valued at US$ 467.8 Mn in 2017 and is expected to witness a CAGR of 14.7% during the forecast period.

mea-data-storage-market.jpg

To view TOC of this report is available upon request @: https://www.futuremarketinsights.com/askus/rep-gc-1237

MEA Data Storage Market: Forecast by Region

The GCC region is segmented into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. In terms of revenue, UAE followed by Qatar are the two leading data storage markets within the GCC data storage market. UAE is the fastest growing regional data storage market within GCC with a growth rate of 15.7% during 2017 – 2025. In terms of revenue, UAE is projected to be the most attractive market in the GCC data storage market during the forecast period and is also expected to register high Y-o-Y growth rates throughout the period of assessment.

MEA Data Storage Market: Key Players

IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., SanDisk Corporation, Hitachi Data Systems, EMC Corporation (Dell Inc.), and Nexenta Systems are some of the key players operating in the MEA data storage market.

Key Segments Covered:

By Storage Type

  • Consumer Storage
    • Hard Disk Drive (HDD)
      • 2.5 Inch HDD
      • 3.5 Inch HDD
    • Memory Card
    • Optical Disk
    • Solid State Devices (SSD)
    • USB Flash Drives
    • Enterprise Storage
      • Cloud Based Storage
      • Flash Storage
      • Hard Disk Drive (HDD)
        • 2.5 Inch HDD
        • 3.5 Inch HDD
      • Hyper-Converged Infrastructure
      • Software Defined Storage

By End User

  • Commercial
    • Large Enterprise
    • Small & Medium Enterprise
  • Residential

By Vertical

  • BFSI
  • Defence and Aerospace
  • Education
  • Government
  • Healthcare
  • Telecom & IT
  • Others

Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/1237

Table Of Content:

1. MEA Data Storage Market- Executive Summary
2. Assumptions & Acronyms Used
3. Research Methodology
4. Market Overview
5. GCC Data Storage Market Analysis
6. Levant Data Storage Market Analysis
7. Africa Data Storage Market Analysis
8. Competition Landscape

Comments

Post a Comment

Popular posts from this blog

Thionyl Chloride Market Size, Share, Revenue Demand & Growth by 2034

-
Heightening concerns related to water treatment are likely to further fuel its growth engine in the near term. According to the latest report by FMI, the global  thionyl chloride market  is expected to reach a valuation of US$ 829.9 million by 2034. The industry is expected to experience revenue growth at a moderate CAGR of 4.8% during the forecast period. Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. The rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. However, a majority of end users of thionyl chloride are facing a massive slowdown due to the coronavirus (COVID-19) pandemic. This is substantially widening the supply-demand gap, and, as such, straining the revenue pool of the thionyl chloride market. Further, China – the epicenter of the pandemic – is
Read more

Bonded Magnet Market Size, Share, Revenue Demand & Growth by 2034

-
  The  bonded magnet market size  is projected to be around US$ 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass US$ 4,150.99 million by 2034. The bonded magnet industry is primarily driven by the increasing demand for miniaturization and lightweight components in various applications such as automotive, consumer electronics, and medical devices. The rising focus on sustainability and environmental concerns has propelled the adoption of bonded magnets, which are manufactured using environmentally friendly processes and materials. One of the latest trends in the bonded magnet industry is the development of hybrid magnet systems combining bonded magnets with other materials like plastics or composites. These hybrid systems offer unique properties and performance characteristics, catering to specific application requirements such as weight reduction or thermal stability. One significa
Read more

Construction Chemicals Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

-
 The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.  Construction chemicals  play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market. The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid expansion of the
Read more