Thursday, 29 August 2019

SDS Segment to Witness Fastest Growth in India Next Generation Storage Market


Significant increase in the volume of files and unstructured data to drive India next generation storage market during forecast period

India Next Generation Storage Market

According to TechSci Research report, India Next Generation Storage Market By Storage System, By Storage Architecture, By Storage Technology, By Vertical, Competition, Forecast & Opportunities, 2024, India next generation storage market is anticipated to grow at a single-digit growth rate during the forecast period on account of increasing penetration of high-end cloud computing and growth in the internet of things market. Moreover, switch from analog to digital technologies backed by increasing data generated from various sources is further anticipated to drive India next generation storage market in India during the forecast period.

Browse 35 market data Figures spread through 70 Pages and an in-depth TOC on "India Next Generation Storage Market"

Next generation storage market of India can be segmented based on the storage system, storage architecture, storage technology, vertical and regional analysis. On the basis of storage system, the market can be segmented into direct attached storage (DAS), network attached storage (NAS), cloud storage, unified storage, storage access network (SAN), and software defined storage (SDS). Software defined storage (SDS) segment is anticipated to grow at a formidable rate as devices based on software defined storage offer cost effective data storage option, resulting in rapid adoption of SDA segment by enterprises.


Some of the players operating in the India next generation storage market include Dell EMC Corporation, Hewlett Packard Enterprise India Private Limited, NetApp India Ltd., Hitachi India Pvt Ltd, IBM India Private Limited, Toshiba India Pvt. Ltd., Pure Storage India Private Limited, Nutanix Technologies India Pvt Ltd, Fujitsu India Pvt., Ltd, among others. Players operating in the market are offering both next generation storage and traditional storage solutions in order to register sound growth in the market. The companies are also focusing on technological advancements in order to cater to the changing needs of data storage market of India.

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“India next generation storage market is anticipated to witness significant growth during the forecast period on account of growing demand for saving and retrieve data faster and more efficiently. Moreover, stringent rules for the storage of customer data in local server is further anticipated to boost the growth of India next generation storage market over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
India Next Generation Storage Market By Storage System, By Storage Architecture, By Storage Technology, By Vertical, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of India next generation storage market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India next generation storage market.

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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