All-Flash Array Market Trends, Size, Segments, Emerging Technologies 2027
Market Overview
Market Research Future (MRFR) evaluates the value of all-flash array market 2020 to be USD 16.21 billion by 2024.
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Primary Drivers and Main Barriers
The widespread deployment of All-Flash Array Storage Market in data centers is touted to be a chief boosting factor in the worldwide market. With enterprises shifting their data to the cloud-based storage, storage infrastructure such as all-flash array has been observing massive boost since then. These semiconductors are in high demand across diverse industries such as healthcare, telecom, BFSI, and more, to facilitate better-performance computing and storage workloads.
Segmental Review
The All-Flash Array Storage Market can be considered for storage pattern, flash media and end user.
The storage patterns specified in the study are block, object and file. The block storage segment has the potential to secure the leading spot in the market given its rising use in various end-use applications that demand several transactions in real time. Also, ease of management, increased scalability, high performance and built-in data protection benefits that block storage offers have made it a sought after component in the market.
Regional Insight
The regional segmentation of the all-flash array market comprises Europe, North America, APAC/Asia Pacific, and RoW/the rest of the world.
Between 2019 and 2024, the market leader across the globe can be APAC, as a result of the surge in automation across several industries make huge demand for all-flash array. Also, the expanding pool of data centers across India and China combined with the easy availability of lower priced raw materials encouraging large-scale production of affordable all-flash arrays boost the industry outlook of the region.
Interestingly, the MEA market (which comes under RoW market) can post the highest advancement rate in the upcoming years because of the soaring demand for all-flash arrays across industries like media and entertainment and energy. Also, the oil & gas sector has emerged as a significant end-user in the regional market, with rising need for superior data processing, storage and computing solutions to review seismic information.
Renowned Players
Renowned players recognized in the market research include Pure Storage (US), Cisco Systems, Inc. (US), Fujitsu Ltd (Japan), Vexata Inc. (US), E8 Storage (US), Hitachi, Ltd (Japan), Kaminario (US), IBM Corporation (US), Huawei Technologies Co. Ltd (China), Dell Technologies (US), Violin Systems (US), Micron Technology Inc. (US), Western Digital Corporation (US), Hewlett Packard Enterprise (US), NetApp Inc. (US), Oracle Corporation (US), and more.
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