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All Flash Array Market to grow by USD 31.03 billion between 2022 - 2027 | Growth Driven by Increasing Adoption of SSDs in laptops, gaming, and high-end PCs - Technavio
Saturday, September 23, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The All Flash Array Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the all-flash array market between 2022 and 2027 is USD 31.03 billion. The increasing adoption of SSDs in laptops and gaming and high-end PCs drives the all-flash array market. Laptop manufacturers adopt SSDs due to their several benefits such as faster booting, faster processing speed, low power consumption, and small size, as well as the growing demand for thin and compact laptops. In August 2021, Micron Technology, Inc. launched Crucial P5 Plus PCIe SSDs as an expansion of its NVMe SSD portfolio to offer high-performance internal Gen4 storage options to end-users. Also, factors like the growing demand for optimized and power-efficient laptops are also contributing to the market growth. Hence, such factors drive the growth of the all-flash array market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

    --  Market Challenge - Issues related to the reliability of all-flash arrays
        challenge the growth of the all flash array market. The limited write
        cycles is a major drawback associated with flash storage. High electric
        fields are applied to the tunnel oxide during each P/E cycle which
        increases stress. Furthermore, tunnel oxide can be referred to as a thin
        oxide that leads to other effects, including erratic bits and
        over-program must also generate the most effective algorithm to develop
        a successful and reliable technology. Hence, such challenges impede the
        growth of the all-flash array market during the forecast period. Learn
        about additional key drivers, trends, and challenges available with
        Technavio. Read a Sample PDF Report Now

The all flash array market is segmented by Type (Solid-state drives and Custom flash modules), End-user (Enterprises, HDCs, and CSPs), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).

    --  The solid-state drives (SSD) segment is significant during the forecast
        period. It is a solid-state disk or an electronic disk that is used for
        data storage and is manufactured using semiconductors. It uses the same
        I/O interface design and store data in solid-state memory as a HDD. Such
        SSDs are mainly manufactured from silicon microchips and store data
        electronically. Hence, owing to such factors, the SSDs segment of the
        all flash array market during the forecast period.
    --  Geo Segment - North America will contribute 36% to the growth of the
        global market during the forecast period. View a Sample Report for
        insights into the contribution of all the segments and regional
        opportunities in the report.

Key Companies in the all flash array market:

CMS Distribution, DataDirect Networks Inc., Dell Technologies Inc., Furukawa Electric Co. Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., ionir inc., Lenovo Group Ltd., MacroSAN Technology Co. Ltd., Micron Technology Inc., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Quantum Corp., Veritas Technologies LLC, VIOLIN Systems LLC, Western Digital Corp.

Related Reports:

The enterprise flash storage market size is estimated to grow at a CAGR of 13.5% between 2022 and 2027. The market size is forecast to increase by USD 7,971.55 million.

The NAND flash market size is estimated to grow at a CAGR of 6.51% between 2022 and 2027. The market size is forecast to increase by USD 24 billion.


      
            
              All Flash Array Market Scope



      Report Coverage                                 
      Details



      Base year                                                                                                                                                 2022



      Historic period                                 
      2017-2021



      Forecast period                                 
      2023-2027



      Growth momentum & CAGR                                                                                                          Accelerate at a CAGR of 24.57%



      Market growth 2023-2027                         
      USD 31.03 billion



      Market structure                                
      Fragmented



      YoY growth 2022-2023 (%)                                                                                                                                23.65



      Regional analysis                               
      North America, APAC, Europe, South America, and Middle East and Africa



      Performing market contribution                                                                                                            North America at 36%



      Key countries                                   
      US, Canada, China, UK, and Germany



      Competitive landscape                           
      Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks


                                                         CMS Distribution, DataDirect Networks Inc., Dell Technologies Inc., Furukawa Electric Co. Ltd., Hewlett
                                                           Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp.,
                                                           ionir inc., Lenovo Group Ltd., MacroSAN Technology Co. Ltd., Micron Technology Inc., NetApp Inc., Nutanix
                                                           Inc., Oracle Corp., Pure Storage Inc., Quantum Corp., Veritas Technologies LLC, VIOLIN Systems LLC, and

      Key companies profiled                              Western Digital Corp.



      Market dynamics                                    Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment
                                                           analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis
                                                           for forecast period.



      Customization purview                              If our report has not included the data that you are looking for, you can reach out to our analysts and get
                                                           segments customized.

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by End-user

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

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SOURCE Technavio



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