Lucintel Forecasts The Global Big Data Storage Market To Grow With A Cagr Of 17.2% From 2025 To 2031

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According to a market report by Lucintel, the future of the global big data storage market looks promising with opportunities in the BFSI, healthcare, retail, IT and telecommunications, government, and media & entertainment markets. The global big data storage market is expected to grow with a CAGR of 17.2% from 2025 to 2031. The major drivers for this market are the increasing data generation from IoT devices & digital platforms, the rising adoption of cloud-based storage solutions across industries, and the growing demand for advanced analytics and real-time data processing.
A more than 150-page report to understand trends, opportunity and forecast in global big data storage market to 2031 by component (hardware, software, and services), storage type (object storage, block storage, and file storage), deployment mode (on-premises and cloud), end use industry (BFSI, healthcare, retail, IT and telecommunications, government, media & entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the storage type category, object storage ...
... is expected to witness the highest growth over the forecast period.
Within the end use industry category, BFSI is expected to witness the highest growth.
Download sample by clicking on big data storage market.
In terms of region, North America is expected to witness the highest growth over the forecast period due to the presence of significant technology firms and the rapid uptake of cutting-edge storage solutions.
IBM Corporation, Dell Technologies, Hewlett Packard Enterprise (HPE), NetApp, Hitachi Vantara, Amazon Web Services (AWS), Microsoft Corporation, Google Cloud Platform, Oracle Corporation, Pure Storage are the major suppliers in the big data storage market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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