Global Direct Attached Artificial Intelligence (AI) Storage System Market, By Offering (Hardware, Software), Storage Architecture (File Storage, Object Storage, Block Storage), Storage Medium (Hard Disc Drive, Solid State Drive), End-User (Enterprises, Government Bodies, Cloud Services Providers, Telecom Companies) – Industry Trends and Forecast to 2029.
Direct Attached Artificial Intelligence (AI) Storage System Market Analysis and Size
Increasing government regulations regarding the storage of the generated data is the primary factor driving the growth of the direct attached artificial intelligence (AI) storage system market over the forecasted period from 2022-2029. Moreover, increasing advantages such as enhanced flexibility, scalability and performance is fueling the market's growth. On the other hand, the increasing adoption of the cloud based services along with its applications is also a factor creating certain lucrative growth opportunities for the direct attached artificial intelligence (AI) storage system market over the forecasted period.
Global direct attached artificial intelligence (AI) storage system market was valued at USD 21,893.20 million in 2021 and is expected to reach USD 94766.16 million by 2029, registering a CAGR of 20.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Direct Attached Artificial Intelligence (AI) Storage System Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Offering (Hardware, Software), Storage Architecture (File Storage, Object Storage, Block Storage), Storage Medium (Hard Disc Drive, Solid State Drive), End-User (Enterprises, Government Bodies, Cloud Services Providers, Telecom Companies)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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NVIDIA Corporation (U.S.), IBM (U.S.), Intel Corporation (U.S.), Xilinx (U.S.), SAMSUNG (South Korea), Micron Technology, Inc. (U.S.), Microsoft (U.S.), SAP (Germany), Oracle (U.S.), American Software, Inc. (U.S.), Splice Machine (San Francisco), Cainiao (China), FedEx (U.S.), Deutsche Post AG (Germany), Dell Inc. (U.S.), Hewlett-Packard (U.S.), Pure Storage, Inc. (U.S.), NetApp (U.S.), Cisco Systems, Inc. (U.S.), Advanced Micro Devices, Inc (U.S.), TOSHIBA CORPORATION (Japan), Lenovo. (Hong Kong)
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Market Opportunities
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Market Definition
Artificial intelligence storage systems provides the user with the intelligent automated work without the human intervention. This facility provides the users with numerous advantages such as enhanced scalability, data insights, data stores, reporting and alerting, failure prediction and others.
Global Direct Attached Artificial Intelligence (AI) Storage System Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Numerous advantages across various sectors
Numerous advantages of the direct attached artificial intelligence (AI) storage system will drive the growth of the market over the forecasted period. Artificial intelligence storage systems provide the user with intelligent automated work without human intervention. This facility provides the users with numerous advantages such as enhanced scalability, data insights, data stores, reporting and alerting, failure prediction and others. All these factors are driving the growth of the market over the forecasted period.
- Increasing popularity of Artificial intelligence (AI)
The increasing popularity of artificial intelligence technology across various sectors fuels the market growth. The increasing advantages such as enhanced flexibility, scalability and performance is fueling the market's growth and the increasing adoption of the cloud-based services are also the factors fueling the growth of the direct attached artificial intelligence (AI) storage system market over the forecasted period.
Opportunities
- Growing Penetration of cloud-based services
The growing penetration of cloud-based services in the information technology sector is estimated to generate lucrative opportunities for the market, which will further expand the direct attached artificial intelligence (AI) storage system market's growth rate in the future. Additionally, the technological advancements of cloud-based services in such as enhanced efficiency, delivery on time and others in enterprises, government bodies and telecom sectors will also offer numerous growth opportunities for the direct attached artificial intelligence (AI) storage system market over the forecasted period.
Restraints/Challenges
- Data security of cloud-based services
The data security and the factors leading to the cybercrime, cyber threat and others due to the generated data is expected to obstruct market growth.
- Lack of awareness regarding artificial intelligence
The lack of awareness regarding the artificial intelligence technologies in the developing nations is the important factor projected to be challenge for the direct attached artificial intelligence (AI) storage system market over the forecast period.
This direct attached artificial intelligence (AI) storage system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the patch cable market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Direct Attached Artificial Intelligence (AI) Storage System Market Scope
The direct attached artificial intelligence (AI) storage system market is segmented on the basis of offering, storage architecture, storage medium and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
- Hardware
- Central processing unit (CPU)
- Graphics processing unit (GPU)
- Software
Storage Architecture
- File Storage
- Object Storage
- Block Storage
Storage Medium
- Hard Disc Drive
- Solid State Drive
- Hybrid flash array
- All-flash array
End-User
- Enterprises
- Government Bodies
- Cloud Services Providers
- Telecom Companies
Direct Attached Artificial Intelligence (AI) Storage System Market Regional Analysis/Insights
The direct attached artificial intelligence (AI) storage system market is analyzed and market size insights and trends are provided by offering, storage architecture, storage medium and end-use as referenced above.
The countries covered in the direct attached artificial intelligence (AI) storage system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the direct attached artificial intelligence (AI) storage system market due to increasing number, increased awareness and availability of experienced expertise within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of direct attached artificial intelligence (AI) storage system and the growing adoption of artificial intelligence in financial sector within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Direct Attached Artificial Intelligence (AI) Storage System Market Share Analysis
The direct attached artificial intelligence (AI) storage system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to direct attached artificial intelligence (AI) storage system.
Some of the major players operating in the direct attached artificial intelligence (AI) storage system market are
- NVIDIA Corporation (U.S.)
- IBM (U.S.)
- Intel Corporation (U.S.)
- Xilinx (U.S.)
- SAMSUNG (South Korea)
- Micron Technology, Inc. (U.S.)
- Microsoft (U.S.)
- SAP (Germany)
- Oracle (U.S.)
- American Software, Inc. (U.S.)
- Splice Machine (San Francisco)
- Cainiao (China)
- FedEx (U.S.)
- Deutsche Post AG (Germany)
- Dell Inc. (U.S.)
- Hewlett-Packard (U.S.)
- Pure Storage, Inc. (U.S.)
- NetApp (U.S.)
- Cisco Systems, Inc. (U.S.)
- Advanced Micro Devices, Inc (U.S.)
- TOSHIBA CORPORATION (Japan)
- Lenovo. (Hong Kong)
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