Personal and Entry Level Storage Market Synopsis:

The augmentation of the internet has spurred the development of storage devices, and this factor is estimated to push the personal and entry level storage market 2020. The semiconductors and electronics industry reports are created by Market Research Future, which centers on market choices for expansion. A CAGR of 25.5% is projected to motivate the earning of the market to USD 94.63 billion by 2027.

The advances in technology such as 5G and IPV6 are stimulating the internet proliferation, and this is expected to motivate the personal and entry level storage market. Moreover, the escalating volume of digital data is projected to spur the PELS Market in the forecast period.

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Major Key Players:

Key players profiled in the global personal and entry level storage market report include Symantec Corporation (US), Seagate Technology (US), Western Digital Corporation (US), Cisco Systems, Inc. (US), Scality, Inc. (US), Simplivity Corp. (US), Tintri, Inc. (US), Nutanix, Inc. (US), Pure Storage, Inc. (US), Toshiba Corporation (Japan), IBM Corporation (US), Hitachi Ltd. (Japan), NetApp, Inc. (US) , Hewlett Packard Enterprise (HPE) Company (US) , and Dell Inc. (US). 

Segmental Analysis:

The segmentation of the personal and entry level storage market has been conducted on the basis of the storage system, product, vertical, technology, and region. On the basis of product, the personal and entry level storage market has been segmented into non-cloud storage and cloud-based storage. On the basis of vertical, the personal and entry level storage market has been segmented into consumer goods & retail, banking, financial services & insurance, business & consulting, IT & telecommunications, media & entertainment, utilities, government & defense, education and research, healthcare & life science, manufacturing, and others. On the basis of the storage system, the personal and entry level storage market has been segmented into cloud storage, direct-attached, unified storage, network-attached storage (NAS), and software-defined storage (SDS). Based on the technology, the personal and entry level storage market is segmented into magnetic storage and solid-state storage. By region, the personal and entry level storage market has been segmented into North America, Europe, Asia-Pacific, and the rest of the regions.

Regional Analysis:

A geographical analysis of the global personal and entry level data storage market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

The North American market has been segmented into the US, Canada, and Mexico. The regional market is expected to account for the largest share in the global PELS market during the forecast period. The growth of the market in North America can be credited to the presence of a large number of PELS providers in the region. The US is the leading country-level market while Mexico market is projected to be the fastest-growing during the forecast period. The US is a mature market, however, it faces the challenge of increasing their overall carbon footprint due to the lack of ecofriendly (green) storage solutions.

Europe is expected to be the second-largest market in terms of market size; it has been divided into the UK, Germany, France, and the rest of Europe. High internet reach in the region is resulting in huge volumes of digital data generation which is driving market growth in Europe. The UK is the leading country-level market and the market in France is expected to register the highest growth rate during the forecast period.

The market in Asia-Pacific is expected to be the fastest-growing during the review period of 2020 to 2027. The regional market has been classified into China, Japan, India, and the rest of Asia-Pacific. The countries in the region such as Japan, China, Singapore, India, and South Korea are expected to adopt PELS rapidly during the forecast period.

Growing internet penetration, high volume of digital data, and affordable cost of the PELS devices are expected to boost the demand of PELS in the rest of the world regional segment. The regional market has been segmented into South America and the Middle East & Africa. These regions are expected to offer numerous opportunities to vendors as the majority of the countries are yet to adopt PELS.

Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Personal & Entry Level Storage Market, By Product

1.1.2 Global Personal & Entry Level Storage Market, By Storage System

1.1.3 Global Personal & Entry Level Storage Market, By Technology

1.1.4 Global Personal & Entry Level Storage Market, By Vertical

1.1.5 Personal & Entry Level Storage Market, By Region

Continued…

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