Market Reports on India Provides the Trending Market Research Report on “India Next Generation Storage Market By Storage System (DAS, NAS, Cloud Storage, Unified Storage, SAN, SDS), By Storage Architecture (File and Object Based Storage & Block Storage), By Storage Technology (Magnetic Storage; Solid State Storage & Others), By Vertical (BFSI; Retail; IT & Telecom; Healthcare; Media & Others), Competition, Forecast & Opportunities, 2024” under Business Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

India Next Generation Storage Market is anticipated to witness single digit growth on account of growth in the digital data volume, thereby augmenting the need for the cost effective, reliable and secure methods to store data. Moreover, growing adoption of the software defined storage and solid-state drives are further promoting the growth of the next generation storage market across India during the forecast period.

India next generation storage market can be segmented based on the storage system, storage architecture, storage technology, vertical and regional analysis. Based on the storage system, the market can be segmented into direct attached storage (DAS), network attached storage (NAS), cloud storage, unified storage, storage access network (SAN) and software defined storage (SDS). Software defined storage segment is likely to witness significant growth in the forthcoming years due to features such as increasing flexibility, improving performance and low cost. In terms of storage architecture, the market can be bifurcated into file & object-based storage and block storage. Growing unstructured and structured data, in the form of pictures, audios, and other media from various enterprises is elevating the demand for file & object-based storage.

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In terms of regional analysis, the India next generation storage market is segmented into north, south, east and west. On account of increasing smartphone users base and guidelines by RBI for the storage of data on local servers, the next generation storage market is poised to grow at an impressive rate in India in the coming years.

Major companies operating in the next generation storage market recorded high sale volumes in 2018 and the trend is likely to continue during forecast period as well. List of major players operating in the India next generation storage market include Dell EMC Corporation, Hewlett Packard Enterprise India Private Limited, NetApp India Ltd., Hitachi India Pvt Ltd, IBM India Private Limited, Toshiba India Pvt. Ltd., Pure Storage India Private Limited, Nutanix Technologies India Pvt Ltd., Fujitsu India Pvt., Ltd, etc.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

To analyze and forecast the market size of India next generation storage market.
To classify and forecast India next generation storage market based on storage system, storage architecture, storage technology, vertical, and regional distribution.
To identify drivers and challenges for India next generation storage market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India next generation storage market.
To identify and analyze the profile of leading players involved in the India Next generation storage market.
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of service providers across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the product offerings, distribution channels and presence of all major players across the country.

Our Research calculated the market size of India next generation storage market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.

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