Information Technology & Telecommunication / All-Flash Array Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Hitachi, Silk Platform, Dell Inc., Hewlett Packard Enterprise Development LP
All-Flash Array Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hitachi, Silk Platform, Dell Inc., Hewlett Packard Enterprise Development LP
The All-Flash Array market is estimated to grow at a CAGR of 26.8% over the forecast period, from USD 17.5 billion in 2021 to USD 52.8 billion in 2027. (2022 - 2027).
All-Flash Array Market Overview
An all-flash array is a storage array that uses many solid-state devices instead of rotating hard disc drives. Because flash is more expensive than spinning media, all-flash arrays are slightly more expensive. The ease of installation and maintenance is, however, one of the many compelling reasons to pick all-flash arrays.
The rate at which data is generated and consumed has expanded considerably in recent years. As a result, there is a growing demand for fast memory access, which is projected to promote the growth of all-flash array markets. Cloud solutions are being adopted by governments and businesses all over the world, necessitating the operation of data centers to fulfil the rising demand. As the number of data centers grows, so does the need for all-flash arrays. Furthermore, the All-flash Array has a number of advantages, including ease of maintenance, installation, and management, all of which will aid the industry's growth.
The report aspects discussed the profile of the top manufacturers of the global All-Flash Array market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined All-Flash Array Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Dell Technologies has introduced its new lead product in the midrange all-flash enterprise storage space -- the sweet-spot segment of the enterprise storage market. The new Dell EMC PowerStore arrays in some ways catch up technologically to rival solutions but also offer some new features that make them stand out, including the ability to run applications on the storage hardware itself and free upgrades.
All-Flash Array Market Trends
Financial services corporations are facing issues as a result of the rapid changes brought about by their transformation into completely digital businesses. Customers that want better service levels have been served through mobile and application interfaces by retail and investment banks, insurance businesses, and brokerages. This necessitates greater speed and shorter read/write times. The sector has also fuelled the use of all-flash arrays due to the desire for enhanced performance (IOPS), low latency, and higher availability across new business offerings.
What are the major Applications, Types and Regions for All-Flash Array Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Traditional
Custom Type
By Application, it is segmented into
Enterprise
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Media & Entertainment
Others
All-Flash Array Market Regional Analysis
North America appears to have a large market share based on multiple product releases. Furthermore, other major competitors in the market, including as Dell Inc., IBM Corporation, Net App Inc., and others, have their headquarters in the United States. The adoption of an all-flash array boosts the region's growth, which is fuelled by increased spending on big data and associated applications.
The area maintains a substantial part of the all-flash array market due to the presence of the most data centres, as well as rising healthcare, information technology, BFSI, retail, and media industries. According to cloud scene, the United States and Canada have the most data centres in the world, with 2,646. The demand for all-flash arrays is likely to increase as a result of this. North America spends a substantial amount on IT infrastructure due to the presence of a prominent information technology industry and key vendors. The region has a thriving BFSI industry, with companies willing to invest in IT infrastructure to meet their customers' needs.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The All-Flash Array Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global All-Flash Array Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our All-Flash Array Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 26.8% over the forecast period (2022-2027)
By Type
Traditional
Custom Type
By Application
Enterprise
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Media & Entertainment
Others
By Companies
Hitachi, Silk Platform, Dell Inc., Hewlett Packard Enterprise Development LP, NetApp Inc., Violin Systems LLC, IBM Corporation, Fujitsu Ltd., Pure Storage, Inc., Western Digital Corporation, Huawei Technologies Co., Ltd.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
113
Customization Available
Yes, the report can be customized as per your needs
Frequently Asked Questions
What is the growth rate of All-Flash Array Market?
The All-Flash Array Market is growing at a CAGR of 26.8% over the next 5 years.
Who are the key players in All-Flash Array Market?
Hitachi, Silk Platform, Dell Inc., Hewlett Packard Enterprise Development LP, NetApp Inc., Violin Systems LLC, IBM Corporation, Fujitsu Ltd., Pure Storage, Inc., Western Digital Corporation, Huawei Technologies Co., Ltd.
What are the significant types of All-Flash Array Market?
Traditional, Custom Type
What are the major end-use applications of All-Flash Array Market?
Enterprise, Banking, Financial Services, and Insurance (BFSI), Healthcare, Media & Entertainment, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
