Global Industry Insight: Enterprise Data Storage Market Size, Share, Development, Growth and Demand Forecast to 2020

The global enterprise data storage market is growing at a rapid pace, as more data is being digitized and deposited on storage disks of different size capacities. The increased demand for cloud computing services is a major growth driver, which is fuelling the growth of the global enterprise data storage market. Enterprises throughout the world have started to shift towards cloud-based solutions to reduce costs and improve their overall business efficiency. Approximately 65% enterprises worldwide are already using cloud based services for efficient data storage. As compared to the conventional storage system, enterprise storage is fault-tolerant, highly reliable, and has accessible storage option, which is mostly appropriate for the organizations handling large amount of data.

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Enterprise Data Storage is the centralized source for storage of business information, which provides data protection and management. Enterprise data storage provides data sharing functions, through connections to various computer systems. It is developed as a resolution for the enterprises, which deal with heavy loads of critical business information. The unconstrained connectivity and support for numerous platforms in operation are some of the key features of enterprise data storage, which is again propelling the growth of the global enterprise data storage market.

Based on storage systems, the global enterprise data storage market can be segmented into storage area network (SAN), network attached storage (NAS), direct attached storage (DAS), and others.

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The direct-attached storage (DAS) is a digital storage attached to the computer, which has its access. The network attached storage systems are networked appliances, which comprise one or more storage drives, arranged into redundant, logical, storage containers. The network attached storage is designed for storing or managing files either by its software, hardware, or other configuration. A storage area network (SAN) is any high-performance set-up, whose key purpose is to facilitate storage devices for communicating with each other, as well as with computer systems. The storage area network provides data storage benefits, such as disaster recovery; high availability; and reliable and efficient backup, and restoration functions, along with centralized remote support and administration. The storage area network involves creating multiple paths to all data, so that failure of a server never results in loss of critical information.

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