Report Outlook
Market Size | CAGR | Dominating Region |
---|---|---|
USD 104.28 Billion by 2029 | 24.8% | North America |
By Component | By Storage | By End User | By Storage |
---|---|---|---|
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SCOPE OF THE REPORT
AI-powered Storage Market Overview
The AI-powered storage market is expected to grow at 24.8% CAGR from 2022 to 2029. It is expected to reach above USD 104.28 Billion by 2029 from USD 14.20 Billion in 2020.
AI-powered storage refers to the use of artificial intelligence (AI) and machine learning (ML) techniques to optimize and manage data storage systems. These systems use algorithms to analyze data usage patterns and predict future storage requirements, allowing for more efficient and cost-effective data storage solutions. By leveraging AI and ML, businesses can improve data management, reduce costs, and increase performance by automatically moving data between different storage tiers based on its value, relevance, and frequency of access. This technology also enables businesses to more effectively manage their data in real-time, improving their ability to respond to changing business needs and demands.
The need for faster processing is a key driver of the AI-powered storage market, as modern business applications often require high levels of processing power and speed. Traditional storage solutions may struggle to keep up with these demands, resulting in slower processing speeds and reduced performance. AI-powered storage solutions can help address this challenge by optimizing storage performance, using techniques such as data tiering, data deduplication, caching, and predictive analytics. By improving processing speeds, businesses can increase productivity and efficiency, and better meet the demands of their customers and stakeholders.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD BILLION). |
Segmentation | By Component, By Storage System, By End User, By Storage Medium, By Region |
By Component |
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By Storage System |
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By End User |
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By Storage Medium |
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By Region |
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Cost is one of the potential restraints that could impact the growth of the AI-powered storage market. While AI-powered storage solutions can help businesses save costs in the long run, the initial investment in these solutions can be significant. The cost of AI-powered storage solutions can vary depending on several factors, including the size and complexity of the storage system, the level of automation and intelligence required, and the vendor chosen. Some businesses may be deterred by the upfront cost of AI-powered storage solutions, particularly smaller businesses with limited budgets. However, it’s important to consider the long-term benefits that these solutions can provide. By optimizing storage resources, improving system performance, and reducing manual labor, businesses can achieve significant cost savings over time.
The competitive advantage provided by AI-powered storage solutions is driving demand for these solutions in the market, which is creating opportunities for vendors to expand their offerings and grow their businesses. As more businesses recognize the potential benefits of AI-powered storage solutions, demand for these solutions is expected to increase. This is driving competition among vendors, which is leading to the development of new and innovative solutions that can provide businesses with an even greater competitive advantage. Additionally, as more businesses adopt AI-powered storage solutions and experience the benefits firsthand, this is creating a positive feedback loop that is driving further adoption and market growth. As the market for AI-powered storage solutions continues to grow, this is attracting new players to the market, which is further driving innovation and growth.
The COVID-19 pandemic had a positive impact on the AI-powered storage market by accelerating the trend towards digital transformation, creating a greater demand for remote work technologies, e-commerce platforms, and healthcare technologies. This had driven demand for advanced storage solutions that can provide faster processing speeds, improved data management, and advanced analytics capabilities to support real-time data insights. As businesses and industries continued to adapt to the changing needs of the post-pandemic world, we can expect to see continued growth and innovation in the AI-powered storage market, as businesses seek to optimize their storage and data processing capabilities to meet the demands of the digital age.
AI-powered Storage Market Segment Analysis
On the basis of component, the hardware segment has dominated the AI-powered storage market. This is as hardware components such as processors, memory, and storage devices are critical to the functioning of AI-powered storage solutions. These components are used to store, process, and analyze large volumes of data, and they must be optimized for AI workloads in order to provide the necessary performance and efficiency. In addition, the hardware segment includes specialized storage devices such as solid-state drives (SSDs) and graphics processing units (GPUs) , which are designed specifically for AI workloads. These devices offer higher performance and lower latency compared to traditional storage devices, making them ideal for AI-powered storage solutions.
AI-powered storage market for storage area networks (SANs) is to holding the largest size. SANs are a type of network architecture that allows multiple devices to access a centralized pool of storage resources. SANs are commonly used in large data centers and enterprise environments where high-performance, scalable storage solutions are required. AI-powered storage solutions can provide significant benefits for SAN environments, including faster processing speeds, improved data management, and advanced analytics capabilities. AI-powered storage solutions can also help to reduce storage costs by optimizing storage utilization and reducing the amount of storage required for a given workload.
AI-powered storage market for enterprises is expected to hold the largest size. Enterprises are large-scale organizations that generate vast amounts of data on a daily basis, and require high-performance, scalable storage solutions that can meet their specific needs. AI-powered storage solutions can provide significant benefits for enterprises, including faster processing speeds, improved data management, and advanced analytics capabilities. AI-powered storage solutions can help enterprises to analyze customer data, detect patterns and trends, and make better business decisions. In addition, AI-powered storage solutions can help to optimize storage utilization and reduce storage costs.
Solid-state drives (SSDs) are becoming increasingly popular in the AI-powered storage market due to their faster access speeds and improved power efficiency compared to traditional hard disk drives (HDDs).
In AI applications, data access speeds are critical for achieving optimal performance. SSDs can provide faster read and write speeds compared to HDDs, which can help to reduce data processing times and improve overall system performance. Additionally, SSDs consume less power and generate less heat compared to HDDs, making them more suitable for high-performance computing environments.
AI-powered Storage Market Players
The AI-powered storage market key players include IBM Corporation, Microsoft Corporation, Lenovo, NetApp, Amazon Web Services, Advanced Micro Devices, Cisco Systems Inc., Dell Technologies Inc., Alphabet (Google Inc.), NVIDIA
Industrial Development
April 2020, Microsoft Corporation and Blackrock announced a partnership to host Alladin infrastructure offered by Blackrock on the Azure cloud platform. By using the Microsoft Azure cloud platform, Blackrock will offer improved capabilities to its Aladdin platform with better computing scales.
August 2021, NVIDIA announced that it has made NVIDIA Base Command Platform, a hosted AI development hub available in North America. It provides an instant access to powerful computing infrastructure wherever their data resides.
Who Should Buy? Or Key stakeholders
- IT Companies
- Banks and Organization
- Finance Companies
- Government Organization
- Telecom Companies
- Cloud Service Provider
- Research Organizations
- Investors
- Regulatory Authorities
- Others
AI-powered Storage Market Regional Analysis
The AI-powered Storage Market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America is to dominate the AI-powered storage market. North America is home to many major technology companies, including those that specialize in AI and machine learning technologies. These companies are investing heavily in research and development in these areas and are driving the growth of the AI-powered storage market in the region. Many industries in North America are adopting AI and machine learning technologies to improve their operations and gain a competitive advantage. These industries include healthcare, finance, and automotive sectors, among others. This increasing adoption of AI and machine learning technologies is driving the demand for advanced data storage solutions, including AI-powered storage solutions.
The Asia Pacific region is expected to witness significant growth in the AI-powered storage market. There is a growing adoption of AI and machine learning technologies by businesses in the region, particularly in countries such as China, Japan, and India. These countries have large populations and growing economies, which provide a huge potential market for AI-powered storage solutions. There is a growing demand for advanced data storage solutions to support the growth of big data analytics, Internet of Things (IoT), and other emerging technologies in the region. As more businesses adopt these technologies, the demand for AI-powered storage solutions is likely to increase.
Key Market Segments: AI-powered Storage Market
AI-Powered Storage Market By Component, 2020-2029, (USD Billion).
- Hardware
- Software
AI-Powered Storage Market By Storage System, 2020-2029, (USD Billion).
- DAS
- NAS
- SAN
AI-Powered Storage Market By End User, 2020-2029, (USD Billion).
- Enterprises
- Government Bodies
- Cloud Service Providers
- Telecom Companies
AI-Powered Storage Market By Storage Medium, 2020-2029, (USD Billion).
- SSD
- HDD
AI-Powered Storage Market By Region, 2020-2029, (USD Billion).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the expected growth rate of the AI-powered storage market over the next 7 years?
- Who are the major players in the AI-powered storage market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, middle east, and Africa?
- How is the economic environment affecting the AI-powered storage market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the AI-powered storage market?
- What is the current and forecasted size and growth rate of the global AI-powered storage market?
- What are the key drivers of growth in the AI-powered storage market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the AI-powered storage market?
- What are the technological advancements and innovations in the AI-powered storage market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the AI-powered storage market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the AI-powered storage market?
- What are the services offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL AI-POWERED STORAGE MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON AI-POWERED STORAGE MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL AI-POWERED STORAGE MARKET OUTLOOK
- GLOBAL AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION), 2020-2029
- HARDWARE
- SOFTWARE
- GLOBAL AI-POWERED STORAGE MARKET BY STORAGE SYSTEM (USD BILLION),2020-2029
- DAS
- NAS
- SAN
- GLOBAL AI-POWERED STORAGE MARKET BY END USER (USD BILLION),2020-2029
7.1 ENTERPRISES
7.2 GOVERNMENT BODIES
7.3 CLOUD SERVICE PROVIDERS
7.4 TELECOM COMPANIES
- GLOBAL AI-POWERED STORAGE MARKET BY STORAGE MEDIUM (USD BILLION),2020-2029
- SSD
- HDD
- GLOBAL AI-POWERED STORAGE MARKET BY REGION (USD BILLION),2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- IBM CORPORATION
- MICROSOFT CORPORATION
- LENOVO
- NETAPP
- AMAZON WEB SERVICES
- ADVANCED MICRO DEVICES
- CISCO SYSTEMS INC.
- DELL TECHNOLOGIES INC.
- ALPHABET (GOOGLE INC.)
- NVIDIAÂ *THE COMPANY LIST IS INDICATIVE
  LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 2 Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 3 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 5 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY REGION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA AI-POWERED STORAGE MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â US AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA AI-POWERED STORAGE MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC AI-POWERED STORAGE MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE AI-POWERED STORAGE MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â SPAIN AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â SPAIN AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â UAE AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â UAE AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â UAE AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â UAE AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY END USER (USD BILLION) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM (USD BILLION) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM (USD BILLION) 2020-2029
LIST OF FIGURESÂ Â Â Â Â Â Â Â Â Â Â Â Â
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY COMPONENT, USD BILLON, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY END USER, USD BILLON, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM, USD BILLON, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM, USD BILLON, 2020-2029
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE BY REGION, USD BILLON, 2020-2029
FIGURE 13          PORTER’S FIVE FORCES MODEL
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY COMPONENT, USD BILLON, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY END USER, USD BILLON, 2021
FIGURE 16Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY STRORAGE SYSTEM, USD BILLON, 2021
FIGURE 17Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY STRORAGE MEDIUM, USD BILLON, 2021
FIGURE 18Â Â Â Â Â Â Â Â Â Â GLOBAL AI-POWERED STORAGE MARKET BY REGION 2021
FIGURE 19Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 20Â Â Â Â Â Â Â Â Â Â IBM CORPORATION: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â MICROSOFT CORPORATION: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â LENOVO: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â NETAPP: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â AMAZON WEB SERVICES: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â ADVANCED MICRO DEVICES: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â CISCO SYSTEMS INC.: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â DELL TECHNOLOGIES INC.: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â ALPHABET (GOOGLE INC.): COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â NVIDIA: COMPANY SNAPSHOT
FAQ
The AI-powered storage market is expected to grow at 24.8% CAGR from 2022 to 2029. It is expected to reach above USD 104.28 Billion by 2029 from USD 14.20 Billion in 2020.
North America held more than 36% of the AI-powered storage market revenue share in 2021 and will witness expansion in the forecast period.
The amount of data being generated by businesses is growing exponentially, and AI-powered storage solutions are needed to manage and store this data effectively.
The telecom industry and all sort of enterprises are where the application of market has seen more.
North America region dominated the market with highest revenue share.
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