2.64% CAGR in the Enterprise External OEM Storage System Market

NEW YORK, December 6, 2021 / PRNewswire / – Dell Technologies Inc., Hewlett Packard Enterprise Co. and Hitachi Ltd. will become the major players in the enterprise external OEM storage systems market during the forecast period.

Attractive Opportunities in the Enterprise External OEM Storage Systems Market by Type and Geography – Forecast and Analysis 2021-2025

The enterprise external OEM storage systems market is fragmented. Suppliers deploy growth strategies such as service extensions, technological innovations, and mergers and acquisitions to be competitive in the market. The market is expected to grow by $ 4.19 billion from 2020 to 2025. The market growth momentum is expected to accelerate at a CAGR of 2.64%.

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Analysis of the 5 main suppliers

  • Dell Technologies Inc. – The company offers external OEM storage systems to enterprises under the PowerStore brand.

  • Hewlett Packard Enterprise Co. – The company offers OEM storage that delivers faster business results and unlocks the full potential of data with cloud-based storage services optimized for all workloads.

  • Hitachi Ltd. – The company offers enterprise NVMe, which is a powerful data platform and simplifies day-to-day management.

  • Huawei Investment & Holding Co. Ltd. – The company offers external OEM storage systems to enterprises under the OceanStor brand.

  • International Business Machines Corp. – The company offers data storage solutions that transform and improve customer operations with a complete storage solution.

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Enterprise External OEM Storage Systems Market 2021-2025: Segmentation

By type, the SAN segment of the enterprise external OEM storage systems market is expected to represent significant growth during the forecast period. SAN systems are popular for high speed traffic, such as high transaction databases and e-commerce websites, due to their high performance capability.

By geography, APAC is expected to account for 36% of the market growth during the forecast period, with China and Japan being the key countries. The increased demand for data centers from banking and financial players, hyperscalers, and technology companies will drive the growth of the enterprise external OEM storage systems market in APAC.

Drivers and challenges
The enterprise external OEM storage systems market is driven by the growing demand for express non-volatile memory storage solutions, the growing adoption of multi-cloud platforms, and the growing penetration of IoT-enabled devices. However, factors such as high initial cost of installation may hamper the growth of the market.

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Similar reports:

  • Enterprise Storage Systems Market: The enterprise storage systems market has been segmented by deployment (SAN system, NAS system, and DAS system) and geography (North America, Europe, APAC, South America, and MEA). Download a free sample report

  • Next Generation Data Storage Market: The next generation data storage market has been segmented by storage system (SAN, NAS and DAS) and geography (North America, Europe, APAC, South America, and MEA). Download a free sample report

Scope of the Enterprise External OEM Storage Systems Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 2.64%

Market growth 2021-2025

$ 4.19 billion

Market structure

Fragmented

Annual growth (%)

1.99

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

36% APAC

Main consumer countries

United States, United Kingdom, France, China and Japan

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Dell Technologies Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., NetApp Inc., Nfina Technologies Inc., Nimbus Data Inc., Pure Storage Inc. and Seagate Technology LLC

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

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Shirlene J. Manley