PUBLISHER: Grand View Research | PRODUCT CODE: 1654520
PUBLISHER: Grand View Research | PRODUCT CODE: 1654520
The global storage area artificial intelligence network market size was estimated at USD 16.23 billion in 2024 and is expected to witness a CAGR of 25.1% from 2025 to 2030. The market growth is driven by increased benefits such as improved flexibility, scalability, and performance. In addition, the rising adoption of cloud-based services and their applications contributes to creating lucrative market growth opportunities during the forecast period.
Significant initiatives by key players are augmenting the market expansion. For instance, in June 2024, NVIDIA unveiled a groundbreaking lineup of systems powered by its Blackwell architecture at COMPUTEX, showcasing the potential for AI factories and advanced data centers. The company emphasized the shift towards accelerated computing, stating that leading manufacturers like ASRock Rack, ASUS, and GIGABYTE collaborate to create versatile AI solutions for cloud, on-premises, and edge applications. The new offerings include a range of configurations from single to multi-GPUs and various cooling technologies. The NVIDIA MGX(TM) modular reference design platform will support these innovations, facilitating rapid development and deployment of over 100 system designs. Notably, the new GB200 NVL2 platform is optimized for large language model inference and data analytics, promising significant performance improvements.
Global Storage Area Artificial Intelligence (AI) Network Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global storage area AI network market based on offering, storage architecture, storage medium, end use, and region.