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Data Storage Market, Global Outlook and Forecast 2023-2029

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atharva jadhav

The global Data Storage market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.



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Data Storage in this report refers to an Enterprise Storage System as a set of storage elements, including controllers, cables, and (in some instances) host bus adapters, associated with three or more disks. A system may be located outside of or within a server cabinet and the average cost of the disk storage systems does not include infrastructure storage hardware (i.e. switches) and non-bundled storage software.

This report aims to provide a comprehensive presentation of the global market for Data Storage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Data Storage.


This report contains market size and forecasts of Data Storage in global, including the following market information:


  • Global Data Storage Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global top five companies in 2022 (%)


In the Spanish market, the main Data Storage players include HPE, NetApp, Dell EMC, IBM, Pure Storage, etc. The top five Data Storage players account for approximately 59% of the total market. In terms of type, Hybrid Storage Arrays is the largest segment, with a share over 42%. And in terms of application, the largest application is IT & Telecom, followed by BSFI.

We surveyed the Data Storage companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Data Storage Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Data Storage Market Segment Percentages, by Type, 2022 (%)


  • All-Flash Arrays
  • Hybrid Storage Arrays
  • HDD Arrays


Global Data Storage Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Data Storage Market Segment Percentages, by Application, 2022 (%)


  • IT & Telecom
  • BFSI
  • Healthcare
  • Education
  • Manufacturing
  • Media & Entertainment
  • Energy and Utility
  • Retail and e-Commerce
  • Others


Global Data Storage Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Data Storage Market Segment Percentages, By Region and Country, 2022 (%)


  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Data Storage revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Data Storage revenues share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • HPE
  • NetApp
  • Dell EMC
  • IBM
  • Pure Storage
  • Hitachi
  • Fujitsu
  • Huawei
  • Western Digital


Outline of Major Chapters:

Chapter 1: Introduces the definition of Data Storage, market overview.

Chapter 2: Global Data Storage market size in revenue.

Chapter 3: Detailed analysis of Data Storage company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Data Storage in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports

1.1 Data Storage Market Definition

1.2 Market Segments

1.2.1 Market by Type

1.2.2 Market by Application

1.3 Global Data Storage Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global Data Storage Overall Market Size

2.1 Global Data Storage Market Size: 2022 VS 2029

2.2 Global Data Storage Market Size, Prospects & Forecasts: 2018-2029

2.3 Key Market Trends, Opportunity, Drivers and Restraints

2.3.1 Market Opportunities & Trends

2.3.2 Market Drivers

2.3.3 Market Restraints

3 Company Landscape

3.1 Top Data Storage Players in Global Market

3.2 Top Global Data Storage Companies Ranked by Revenue

3.3 Global Data Storage Revenue by Companies

3.4 Top 3 and Top 5 Data Storage Companies in Global Market, by Revenue in 2022

3.5 Global Companies Data Storage Product Type

3.6 Tier 1, Tier 2 and Tier 3 Data Storage Players in Global Market

3.6.1 List of Global Tier 1 Data Storage Companies

3.6.2 List of Global Tier 2 and Tier 3 Data Storage Companies

4 Market Sights by Product

4.1 Overview

4.1.1 By Type - Global Data Storage Market Size Markets, 2022 & 2029

4.1.2 All-Flash Arrays

4.1.3 Hybrid Sto

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