Market Research Report
Storage in Big Data Market, by Segment (Hardware, Software and Services), by Industry and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
|Storage in Big Data Market, by Segment (Hardware, Software and Services), by Industry and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028|
Published: May 12, 2022
Coherent Market Insights
Content info: 130 Pages
Delivery time: 2-3 business days
Big data storage refers to a compute and storage architecture that gathers and operates vast data sets and allows real-time data analytics. Many companies employ big data analytics to collect greater intelligence from metadata. Big data storage allows the storage and sorting of big data in such a way that it can be easily used, accessed, and processed by applications and services working on big data. Moreover, big data can be flexibly scaled as required. Many end-use industries employ big data storage including BFIS, media and entertainment, IT and telecommunications, healthcare and medical, transportation, logistics, retail, etc.
In software-based storage solution, the storage controller software is disassociated from hardware and takes advantage of industry-standard hardware platforms, in order to deliver a complete range of storage services. This allows different solutions for data storage, data access interfaces, services, and can be delivered in various forms including on cloud. According to Intel Corporation's study 2016, enterprises are shifting towards software-based storage as performance, capital expenses and scaling are the top three factors considered by data center managers. However, there are several approaches that can be used while deploying software-based storage such as Do-It-Yourself solutions, turnkey solutions and converged and hyper-converged solutions. Hence, these factors are expected to support growth of the global storage in the big data market in the near future. Presence of stringent laws enforced by governments of various countries has led to a massive shift of many companies towards digital maintenance of records, especially in healthcare industry. Increasing digital data volumes is leading to companies increasingly adopting various data storage options. For instance, laws such as American Recovery and Reinvestment Act and Health Information Technology for Economic and Clinical Health (HITECH) Act has been promoting adoption of digital storage of records by hospitals and clinics in the U.S. Thus, these factors are expected to boost the market growth over the forecast period.
This report segments the Global Storage in Big Data Market on the basis of Segment, Industry, and Region. On the basis of Segment, Global Storage in Big Data Market is segmented into Hardware, software and Services. Hardware is sub divided into DAS - internal (OEM), DAS - external (OEM), DAS - other (ODM Direct), ESCON/FICON, NAS, SAN, Tape Systems and Media. On the basis of Industry, the Global Storage in Big Data Market is segmented into BFSI , IT and Telecommunications , Transportation, Logistics & Retail, Healthcare and Medical, Media and Entertainment and Others. On the basis of region, Global Storage in Big Data Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
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