The main objective of the report is to identify dynamics in the market and provide recent updates and insights affecting various segments of the global flash-based array market.
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Flash Based Array Market : Opportunity Analysis and Industry Forecast upto 2025
1. The main objective of the report is to identify dynamics in the market and provide recent updates
and insights affecting various segments of the global flash-based array market.
Flash Based Array Market : Present Scenario and the Growth
Prospects with Forecast 2025
Robust adoption of mobile devices, cognitive systems, machine learning, cloud computing,
Internet of Things (IoT), and artificial intelligence is necessitating real-time data processing to
enable resourceful service delivery along with the flexibility of time. Another significant trend
identified was that star-ups hold an important position in the market as these enterprises provide
cutting edge storage solutions through flash-based SSD capable of storing data on a solid-state
flash memory.
Global flash-based array market is expected to witness significant revenue growth during the
forecast period. This growth is attributed to increasing demand for cost-effective and high-
performance flash array in data centre and enterprises data services.
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array-market.asp
Highlights: Segment Analysis
•In terms of volume, the hybrid flash array is expected to remain the largest product type
segment throughout the assessment period. Whereas, the all-flash array segment is
anticipated to witness a stout CAGR of 27.9% to reach a market valuation of US$ 17,882.4
Million by 2024-end
•Based on storage capacity, flash arrays between 100 and 500 TB held nearly 24.2% share of
the market in 2015 and is anticipated to register the highest CAGR during the forecast
period.
•Demand for flash based arrays was notably high from the BFSI sector in 2016 and the
sector is expected to maintain similar stance throughout the forecast period. Media and
2. entertainment is one of the other fastest growing end-user segments in flash based array
market owing to increasing adoption of flash based arrays in media and entertainment
industry spread across North America, Europe and Latin America region.
This 228 page report gives readers a comprehensive overview of the Flash Based Array Market.
Browse through Table. Browse through 59 figures and 31 data tables to unlock the hidden
opportunities in this market.
On the Basis of regions, the market in North America is expected to remain dominant over the
forecast period, commanding for a massive revenue share by the end of the forecast period.
Similarly, Latin America market is also expected to register a healthy CAGR of 22.8% in terms
of revenue during 2016 to 2024. This is primarily attributed to the rapid adoption of flash-based
array systems in healthcare BFSI, media entertainment and telecom sector in the region. The
Middle East & Africa (MEA) is another region set to witness strong growth of its flash-based
array market, expanding at over 22% CAGR during the forecast period.
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The PMR report delivers key insights on the current position and recent undertakings of leading
vendors in the global flash-based array market. Some of the prominent players in the market
include IBM Corporation, Oracle Corporation, Pure Storage, Inc., Hewlett Packard Enterprise
Development LP, NetApp, Inc., Fujitsu Limited, Hitachi Data Systems Corporation, Huawei
Technologies Co. Ltd., Dell EMC, Kaminario Inc., Tegile Systems, Inc., and Tintri, Inc.
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