All-Flash Array Market Key Players Analysis and Competitive Strategies
Global all-flash
array market is expected to grow at a significant CAGR of
13.23% in the upcoming period as the scope and its applications are rising
enormously across the globe. An all-flash array (AFA) is also termed as a
solid-state storage disk system, is an exterior storage array that uses flash
media for persistent storage. Flash memory is exclusively used instead of the
spinning hard disk drives (HDDs). Vendors allow consumers to mix flash and disk
drives in the similar chassis, an outline termed as a hybrid array.
The factors that are playing a major role in
the growth of all-flash array market are they are easy to maintain and install,
the high-performance computing, the rising demand of all-flash array in the
data center, and enhance the efficacy of primary storage array workloads.
However, the high cost and unexpected drive failure may restrain overall market
growth in the years to come. All-flash array market is segmented based on the
storage system, enterprise, industry vertical and region.
Software-defined storage, direct-attached
storage, storage area network, network-attached storage, unified storage, and
cloud storage are the storage system that could be explored in an all-flash
array market in the forecast period. Based on organization size, small and
medium enterprises (SMEs) and large enterprises could classify the market in the
forecast period. The market may be categorized based on industry verticals like
energy & utilities, BFSI, retail, IT & telecommunication, healthcare,
government & defense, manufacturing, transportation, and others could be
explored in the forecast period.
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Globally, North America accounted for
the substantial market share of the all-flash array and is estimated to lead
the overall market in the years to come. The reason behind the overall market
growth could be the rising use of enhanced technology and the presence of key
manufacturers in this region. The United States is a major consumer of the
all-flash array in this region.
Europe and the Asia Pacific are also
estimated to have a positive influence on future growth. Europe is the second
largest region with significant market share. However, Asia Pacific is
estimated to grow at the highest CAGR in the forecast period. The reason behind
the overall market growth could be the growing awareness among end-users
regarding the advantages of flash-array. The developing countries like India
and China are the major consumers of the all-flash array in this region.
The key players of all-flash array
market are IBM Corporation, Pure Storage, Inc., NetApp Inc., SanDisk Corporation,
Kaminario Inc., Seagate Technology LLC, Hewlett Packard Enterprise, EMC
Corporation, Dell Inc., and Hitachi Ltd. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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