Storage

2.64% CAGR in Enterprise External OEM Storage Systems Market

Dell Technologies Inc., Hewlett Packard Enterprise Co., and Hitachi Ltd. will emerge as major enterprise external OEM storage systems market participants during the forecast period

The enterprise external OEM storage systems market is fragmented. Vendors are deploying growth strategies such as service extensions, technological innovations, and M&A to compete in the market. The market is expected to grow by USD 4.19 billion from 2020 to 2025. The growth momentum of the market is expected to accelerate at a CAGR of 2.64%.

Top 5 Vendor Analysis

  • Dell Technologies Inc. – The company offers enterprise external OEM storage systems under the brand name of PowerStore.
  • Hewlett Packard Enterprise Co. – The company offers OEM storage that delivers business outcomes faster and unlocks the full potential of data with cloud services for storage, 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 enterprise external OEM storage systems under the brand name of OceanStor.
  • International Business Machines Corp. – The company offers data storage solutions that transform and enhance client business with a comprehensive storage solution.

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Enterprise External OEM Storage Systems Market 2021-2025: Segmentation

  • Type
    • SAN
    • NAS
    • DAS
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

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

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

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

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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 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 Free Sample Report
Enterprise External OEM Storage Systems Market Scope
Report CoverageDetails
Page number120
Base year2020
Forecast period2021-2025
Growth momentum & CAGRAccelerate at a CAGR of 2.64%
Market growth 2021-2025USD 4.19 billion
Market structureFragmented
YoY growth (%)1.99
Regional analysisNorth America, Europe, APAC, South America, and MEA
Performing market contributionAPAC at 36%
Key consumer countriesUS, UK, France, China, and Japan
Competitive landscapeLeading companies, competitive strategies, consumer engagement scope
Companies profiledDell 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 DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
Customization purviewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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