Global Personal and Entry Level Storage Market Overview:
Entry-level flash storage is high-performance data storage for enterprises to start small and grow with seamless cloud connectivity as business requirements increase. These large and small size organizations are navigating at a rapid pace of change in a data-driven economy. This solution provides data simply, quickly, and cost-effectively is essential to driving business growth, and hybrid cloud has emerged as the most efficient way to meet changing business requirements. Some of the players profiled in the study are Western Digital Technologies (United States), Kingston Technology (United States), Seagate Technology (United States), CA Technologies (United States), HP (United States), IBM (United States), Toshiba (Japan), Intel (United States), NET App (United States) and Cisco (United States).
On the basis of geography, the market of Personal and Entry Level Storage 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). If we see Market by Technology, the sub-segment i.e. Direct Attached Storage will boost the Personal and Entry Level Storage market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Recordable Discs will boost the Personal and Entry Level Storage market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increase in Number of Small and Medium Size Business
- Growing Requirement for the Easily Backup
- Increase in Demand for Cloud Solutions
- Continuous Development in Technology
- Increase in Market Competency
- Increase in Awareness Towards Cloud-Based Technology
- High Cost Associated with Personal and Entry Level Storage
Key Market Developments:
In May 2020, Dell Technologies announced the launch of the new lead product in the midrange all-flash enterprise storage space. Through this initiative, the company is enhancing its market value and generating revenue, and cater to the growing demand in small and medium-sized organizations.
There are various companies that are operating in this industry and heavily investing in technology development. There are various market players are entering this industry to capture market growth opportunities. The market leaders are investing in organic and non-organic strategic growth initiatives to become dominant in this industry.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Personal and Entry Level Storage Providers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Personal and Entry Level Storage market on the basis of product [Non-Cloud Based Storage and Cloud-Based Storage for PELS] , application [Entertainment & Media, Public Sector, Healthcare & Life Sciences, Financial Services and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Personal and Entry Level Storage market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Personal and Entry Level Storage industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Dell EMC (United States) and Hitachi (Japan).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Personal and Entry Level Storage market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.