TECHNOLOGY
AI­Powered
Storage Market to
Partake Significant
Development
during 2031
By ajinkya January 14, 2022 No Comments
AI-Powered Storage:
Data is the fuel that powers Artificial Intelligence. AI-powered
storage offers real-time continuous updates from different data
sources, optimizes them, and does other intelligent automated work
on those updates without any human intervention.
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AI-powered storage requires different analytics tools and processes
that offer ultra-fast, high-performance data insights of about billions
of stored objects and files, which is helpful for making major
business decisions
AI-powered storage market enables organizations to analyze data
rapidly and intelligently, delivering insights almost instantaneously
AI-powered storage improves the security and reliability of storage.
It has smart security features to detect data/packet loss during
transit or within data centers, which prevents data loss, increases
efficiency, and speed
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Rise in Demand for AI-Powered Storage Globally
AI-powered storage is widely used for process optimization &
automation, data management, and to increase efficiency of system;
hence, it is highly preferred in IT, software, medical sciences, travel,
hospitality and retail industries
It offers encryption and data protection against potential security
threats; therefore it is highly preferred in industries such as telecom,
BFSI, government, entertainment, and cloud service providers
Increasing development in data volumes, rising demand for
advanced storage architecture in large-scale organization
infrastructure, surge in adoption of cloud-based services, and rising
need of artificial intelligence in data centers are key factors fueling
the global AI-powered storage market
North America to Lead Global AI-Powered Storage Market
The AI-powered storage market in North America is expected to
The AI-powered storage market in North America is expected to
expand at a high growth rate during the forecast period owing to
increased demand for cloud computing; rising investment in data
center; and increased spending of e-commerce service providers,
such as Amazon, Google, and Microsoft, on storage infrastructure
to improve business productivity
The AI-powered storage market in Asia Pacific is estimated to
expand at a substantial pace due to rising connected devices and
increasing adoption of cloud-based services and applications in the
region
Key Players Operating in Global AI-Powered Storage Market
Intel Corporation
Samsung Electronics
Micron Technology
Dell Technologies
Toshiba Corporation
Pure Storage
NetApp, Inc.
NVIDIA Corporation
Global AI-Powered Storage Market: Research Scope
Global AI-Powered Storage Market, by Offering
Hardware
Software
Global AI-Powered Storage Market, by Storage System
Direct-attached Storage (DAS)
Network-attached Storage (NAS)
Storage Area Network (SAN)
Global AI-Powered Storage Market, by Storage Architecture
File and Object-Based Storage
Object Storage
Global AI-Powered Storage Market, by Storage Medium
Hard Disk Drive (HDD)
Solid State Drive (SSD)
Global AI-Powered Storage Market, by End-user
Enterprises
Government Bodies
Cloud Service Providers
Telecom Companies
Others
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AI-Powered Storage Market