Read here market analysis report on Next generation data storage

1. Coherent Market Insights
Market Research and Business Consulting Services
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2. NEXT GENERATION DATA
STORAGE MARKET ANALYSIS
Next generation data storage solutions are primarily used in
the BFSI, government, retail, IT and telecommunication,
manufacturing, and healthcare industries. The IoT devices
used in the manufacturing facilities generates data in
different type of formats such as images or texts.
Moreover, in order to store and analyze data, companies
are rapidly adopting next generation data storage
solutions.

3. There are many advantages provided by gamification such as
employee engagement, rewards to people, customer
experience enrichment, and others. This technology is
being adopted in many industries such as healthcare,
automotive, retail, government, IT and telecom, and
others.

4. Market Dynamics
The growth of the global next generation data storage market
is majorly attributed to the product development by the
companies such as Dell Technologies. For instance, in June
2020, Dell Technologies launched EMC PowerScale, a
storage system for unstructured data. Moreover companies
such as Hewlett-Packard Enterprise are partnering with
other companies to develop the next generation storage
solutions. For instance, in June 2019, Hewlett-Packard
Enterprise entered into a partnership with the Qumulo, a
cloud storage solution provider to develop both on-premise
and cloud-based storage solutions. Thus, product

5. development and partnerships are the factors that are expected to
propel growth of the market during the forecast period 2020-
2027.

6. Key features of the study:
• This report provides an in-depth analysis of the global next
generation data storage market and provides market size
(US$ Million) and compound annual growth rate (CAGR
%) for the forecast period (2020-2027), considering 2019 as
the base year
• It elucidates potential revenue opportunities across
different segments and explains attractive investment
proposition matrix for this market
• This study also provides key insights about market drivers,
restraints, opportunities, new product launches or approval,

7. regional outlook, and competitive strategy adopted by leading
players
 It profiles leading players in the global next generation data storage
market based on the following parameters – regulatory landscape,
company overview, financial performance, product portfolio,
geographical presence, distribution strategies, key developments
and strategies, and future plans
 Key companies covered in the global next generation data storage
market include Dell, IBM Corporation, EMC Corporation, Hitachi
Data Systems, Micron Technology, Hewlett-Packard Development
Company, Avago Technologies, Nutanix, Toshiba Corporation,
Drobo, Quantum Corporation, and SimpliVity Corporation.

8.  These key market players are focusing on collaboration strategy
with other market leaders to innovate and launch new products to
meet the increasing needs and requirements of consumers.
 Insights from this report would allow marketers and management
authorities of companies to make informed decision regarding
future product launches, architecture up gradation, market
expansion, and marketing tactics
 The global next generation data storage market report caters to
various stakeholders in this industry including investors, suppliers,
distributors, new entrants, and financial analysts

9.  Stakeholders would have ease in decision-making through the
various strategy matrices used in analyzing the global next
generation data storage market
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analysis
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analysis
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10. Figure 1: Global Next Generation Data
Storage Market Share (%) in terms of Value,
By Region, 2019

12. Figure 2: Global Next Generation Data
Storage Market Value (US$ Mn), 2017 - 2027

13. Company Profiles
Key players operating in the global next generation data storage
market are Dell, IBM Corporation, EMC Corporation, Hitachi
Data Systems, Micron Technology, Hewlett-Packard
Development Company, Avago Technologies, Nutanix, Toshiba
Corporation, Drobo, Quantum Corporation, and SimpliVity
Corporation.

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