Storage in Big Data Market
                     Market Highlights 
In this fast driven environment increasing pressure of maintaining data records led to the invention 
of storage in big data devices. The increase demands of efficient data storage, cost security, 
backups, and high adoption of software based storage options and increase in number of connected 
devices is the driving fuel of the storage in big data market. The usage of storage in big data market 
has expanded overtime and come up with easy solutions of complex problems. The problems faced 
by healthcare organizations and retailers are looking for new ways to get more and more data for 
improving the marketing efforts into the business.   
The storage in big data market is growing rapidly over 20% of CAGR and is expected to reach at 
USD ~30 billion by the end of forecast period. 
Segmentation: 
The storage in big data market has been segmented on the basis of component and vertical. On 
basis of component the storage in big data market consists of hardware, software and services sub-
segment. The software sub-segment can be further bifurcated into software-as-a-service (SaaS), 
platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS). The study indicates 
that software-as-a-service would grow at a highest rate in the storage in big data market by the 
forecast period. The increasing penetration of cloud based services and demand for smart transport 
management are expected to drive the software-as-a-service market. Whereas based on vertical 
segment the BFSI and healthcare organizations are estimated to be the leading the utilization of 
these services.  
Regional Analysis 
Market Research Future Analysis shows that new adoptions of cloud computing, big data, evolution 
of servers and network, and Internet of things (IoT) would result in sudden hike in storage in big 
data market. It has been observed that development in smart data record maintence system results 
in significant growth in storage of big data market. The major benefits of storage in big data market 
are improved safety, higher productivity and efficiency, easy storage of data and low installation 
cost. These factors would significantly increase the storage in big data market very soon.  
Regional analysis for storage in big data market is studied in different geographic regions as 
Americas, Europe, Asia-Pacific and Rest of world. The study reveals that North America region 
would evolve as a leader in storage in big data market. The study indicates large investments by 
American companies in cloud services and data storage softwares would result in rapid growth of 
storage in big data market by the forecast period. The study reveals that North America region 
followed by Europe would lead the storage in big data market by the forecast period. Developing 
economic countries from Asia-Pacific regions are increasing attention towards cloud based data 
storage systems and improving business performance and to gain competitive edge in the market. 
Key Players 
The prominent players in the storage in big data market are Amazon Web Services (U.S.), Google 
Inc. (U.S.), International Business Machines Corporation (U.S.), Microsoft Corporation (U.S.), Oracle 
Corporation (U.S.), Dell EMC (U.S.), Hitachi Data Systems Corporation (U.S.), VMware, Inc. (U.S.), 
Hewlett Packard Enterprise (U.S), Teradata Corporation (U.S.), among others.