P e r s i s t e n c e M a r k e t R e s e a r c h and Region( North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan( APEJ), Japan, and Middle East & Africa( MEA)).
The Hardware segment dominated the global storage in big data market with 49.1 % market share in terms of value in 2015. The Hardware segment is estimated to create incremental $ opportunity of US $ 16.38 Bn between 2016 and 2026. The Software segment is estimated to create incremental $ opportunity of US $ 11.34 Bn between 2016 and 2026.
The BFSI segment was valued at US $ 1,694.1 Mn in 2015 and is estimated to reach US $ 2,071.2 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 22.3 %. The Media and Entertainment segment is expected to register high Y-o-Y growth rates throughout the forecast period.
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Among regions, North America is expected to remain dominant in terms of revenue throughout the forecast period, registering a CAGR of 21.1 % between 2016 and 2026. The North America storage in big data market is estimated to be valued at US $ 30.12 Bn by the end of 2026. The Western Europe storage in big data market is anticipated to register the highest CAGR of 21.8 % during the forecast period. Latin America is projected to be the most attractive region in the global storage in big data market in terms of revenue during the forecast period.
The global storage in big data market report covers various solution providers operating in the global storage in big data market. Top companies profiled in the report include Google Inc., Microsoft Corporation, Amazon Web Services Inc., VMware Inc., IBM Corporation, Dell EMC, SAS Institute Inc., Oracle Corporation, SAP SE, Teradata Corporation, Hewlett Packard Enterprise, Hitachi Data Systems Corporation, and MemSQL Inc. Some of these companies are adopting strategies such as increasing global investment in cloud services, providing hybrid storage solutions, enhancing flash storage product portfolio, integrating cloud and flash technology with storage products, and collaborating with various technology partners to expand their market presence and enhance customer base globally.
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Global Storage in Big Data Market 2016-2026