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

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.

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.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players across the country.

TechSci 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. TechSci 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 TechSci Research.

Key Target Audience:

• Data storage companies and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to next generation storage market
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India next generation storage market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Storage System:
• Direct Attached Storage (DAS)
• Network Attached Storage (NAS)
• Cloud Storage
• Unified Storage
• Storage Access Network (SAN)
• Software Defined Storage (SDS)

• Market, By Storage Architecture:
• File and Object Based Storage
• Block Storage
• Market, By Storage Technology:
• Magnetic Storage
• Solid State Storage
• Others
• Market, By Vertical:
• BFSI
• IT & Telecom
• Media
• Healthcare
• Others
• Market, By Region:
• North Region
• South Region
• East Region
• West Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India next generation storage market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).