Data Center Storage Market 2030: Executive Summary, Key Trends...

Data Center Storage Market 2030: Executive Summary, Key Trends & Future Outlook

Posted 2025-10-15 07:55:41

Future Global Data Center Storage Market: Key Dynamics, Size & Share Analysis

The Global Data Center Storage Market size was valued at around USD60 billion in 2024 and is projected to reach USD102 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.2% during the forecast period, i.e., 2025-30.

Top Driver Impacting the Global Data Center Storage Market Growth

Increasing Volume of Data Driving the Market Growth – The amount of data generated by various private and government sectors is continuously increasing. This is due to the digitalization across those sectors, increasing use of social media, expanding OTT entertainment, and many others. Around 402 million terabytes of data are generated every day worldwide. Also, by the end of 2025, the expected data gathered will be around 181 zettabytes. This creates a large need for secure storage such that data can be accessed quickly when needed. As such, many organizations are investing in data centers to store their data in a way that is secure from disasters and hackers. This leads to an increasing demand from them to increase storage in their data centers and also in storage devices. Therefore, a large amount of data generation has created a need to expand storage at data centers in recent years, and this trend is expected to continue in the forecast years as well.

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Understanding the Core Segments in the Data Center Storage Market

Data Center Storage Market Size, Share & Industry Trends Analysis - By Storage Type (Direct-Attached Storage, Network-Attached Storage, Storage Area Network) By Application (IT & Telecommunications, BFSI, Government, Healthcare, Others) By Medium (Hard Disk Drive, Solid-State Drive, Tape Storage, Others) By Architecture (Block Storage, File Storage, Object Storage) and Others

Geographical Analysis of the Data Center Storage Market

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Regionally, North America holds the highest market share of around 40%. This is because of the presence of multiple data-generating firms in this region, including IT & telecom, governmental, healthcare, etc. As per the International Trade Administration, there were around 5,85,000 IT & software companies in the US in 2023.

Who Dominates the Data Center Storage Market Insights on Key Industry Players?

Companies are strengthening their presence in the Data Center Storage market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

Dell Technologies
Hewlett-Packard Enterprise
NetApp
IBM
Hitachi Vantara
Seagate Technology
Corporation
Pure Storage
Cisco Systems
Oracle
Huawei
NEC Corporation
Fujitsu
Lenovo
Toshiba Corporation
Others

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