Scope of the Study
The global storage management software market is expected to grow at a healthy pace during the forecast period, according to the AMA study. Rising demand from the sectors such as logistics, retail, e-commerce, & manufacturing owing to increasing automation & expansion across the world are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next few year but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
The market study is being classified, by Application (Data Protection & Recovery, Storage & Device Management, Storage Replication, Storage Virtualization, Software Defined Storage, Storage Infrastructure Software and Others) and major geographies with country level break-up.
AppDynamics (United States), CA Technologies (United States), Dell (United States), eG Innovations, Inc. (United States), Hewlett-Packard (United States), Hitachi Vantara Corporation (United States), Huawei Technologies (China), IBM (United States), Nagios Enterprises, LLC (United States), NortonLifeLock Inc. (United States), Oracle (United States), Paessler AG (Germany), Power Admin LLC (United States), SevOne (United States), SolarWinds Worldwide, LLC (United States) and Zoho Corp (India) are some of the key players profiled in the study.
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Storage Management Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Storage Management Software market by Type, Application and Region.
On the basis of geography, the market of Storage Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Expansion of Logistics Industry
- Growth in the Retail & E-Commerce Sector
- Rising Demand from the Manufacturing Sector
- Increasing Adoption of Artificial Intelligence in Storage Management Solutions
- Opportunities in the Asia Pacific Region
- Reduced Sales Due to Lock-down of Cities & Enterprises which has Led the Storage Centres to Stop all the Ongoing Operations & Shut Down the Company for an Ambiguous Period of Time to Avoid the Spread of COVID-19
Stringent Worldwide Government Regulations Regarding Lockdown of Cities' & States' Operations To Stop the Production & Services Across Different Industries
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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