The AI-Powered Storage Global Market Report 2023, provides comprehensive information on the ai-powered storage market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global AI-Powered storage market is expected to grow from $20.77 billion in 2022 to $25.99 billion in 2023 at a compound annual growth rate (CAGR) of 25.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The AI-Powered storage market is expected to reach $63.47 billion in 2027 at a CAGR of 25%.
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Product innovation is a key trend gaining popularity in the AI-powered storage market. Major companies operating in the AI-powered storage market are working on product innovations to sustain their position in the market. For instance, in September 2020, Enmotus, a US-based technology company, launched the industry’s first AI-powered SSD, the FuzeDrive SSD. FuzeDrive offers high-capacity storage that performs better in practical applications and lasts significantly longer by combining high-end static SLC and QLC on a single M.2 board. SSDs self-optimize storage systems to ensure that heavy or often used storage traffic from programs to the SLC and that the QLC is used to store less used or inactive quantities of data, thereby not taxing the QLC’s limited endurance. Using the SLC’s low latency and high endurance allows gamers and professionals to experience lightning-fast reactions while working or playing harder for more extended periods.
The ai-powered storage market is segmented:
1) By Offering: Software, Hardware
2) By Storage System: Direct-attached Storage, Network-attached Storage, Storage Area Network
3) By Storage Medium: Hard Disk Drive (HDD), Solid State Drive (SSD)
4) By Storage Architecture: File and Object-Based Storage, Block Storage
5) By End-User: Enterprises, Government Bodies, Cloud Service Providers, Telecom Companies, Other End-users
North America was the largest region in the ai-powered storage market in 2022.
The table of contents in TBRC’s ai-powered storage market report includes:
1. Executive Summary
2. AI-Powered Storage Market Characteristics
3. AI-Powered Storage Market Trends And Strategies
4. AI-Powered Storage Market – Macro Economic Scenario
5. Impact Of High Inflation On Online Therapy Services Marke
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32. Global AI-Powered Storage Market Competitive Benchmarking
33. Global AI-Powered Storage Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI-Powered Storage Market
35. AI-Powered Storage Market Future Outlook and Potential Analysis
36. Appendix
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