The Storage Software Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
Major Players are:
Oracle Corporation (United States),HP (United States),IBM (United States),NetApp, Inc. (United States),CA Technologies (United States),Symantec (United States),Dell (United States),Hitachi Data Systems (United States),Huawei Technologies (China)
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Storage software is used to store large amounts of data securely. The ongoing concept of cloud computing is one of the primary drivers for storage software globally. The manufacturing facilities are gradually shifting towards automated processes in order to reduce manual labor which in return will reduce the chances of human labor this major factor for the market. The market is projected to grow significantly during the forecast period.
On 13th July 2020, NetApp, the leader in cloud data services, has announced that it has completed its acquisition of Spot, a leader in computing management and cost optimization in the public clouds.
The titled segments and sub-section of the market are illuminated below:
Type (Data Protection and Recovery, Storage and Device Management, Storage Replication, Archiving, Storage Virtualization, Software-Defined Storage, Storage Infrastructure Software), Enterprise Size (Small and Medium Enterprise, Large Enterprise), End Use Industry (Telecom and IT, Government, BFSI, Healthcare, Manufacturing, Retail), Deployment (Cloud-based, Web-based), Pricing Model (Subscription (Annual, Monthly, Quarterly), One Time License)
Increasing Use Bigdata and AI
Increasing at a Higher Pace in the Market, Organizations are Investing Major Proportion of Their Budget in Their ICT Spending Growing Demand for Storage Virtualisation are Guiding the Storage Software Market to The Next Level
Years considered for this report:
- Historical Years: 2015-2019
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2020-2025
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What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
What are the market factors that are explained in the Storage Software Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Key Questions Answered in the Report:
- How much is the Storage Software MarketWorth?
- What is the Growth Rate of the Storage Software Market?
- Which Segment ofthe Storage Software to Hold the Highest Market Share?
- Which Segment ofthe Storage Software Market to Witness Fastest Growth Rate?
- Which Region to Hold the Biggest Market Share?
- Who are the Key Players of the Storage Software Market?
Try a limited scope research document specific to Country or Regional matching your objective.
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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