#Cloud Personal and Entry Level Storage (PELS) Market

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Cloud Personal and Entry Level Storage (PELS) Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus

"Global Cloud Personal and Entry Level Storage (PELS) Market Report looks at many important market related aspects which are; market size estimations, company and market best practices, entry level strategies, market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings. It is the most appropriate, rational and admirable market research report provided with a devotion and comprehension of business needs.

Global Cloud Personal and Entry Level Storage (PELS) Market, By Storage System (Serial Attached SCSI (SAS), Direct Attached Storage (DAS), Network Attached Storage (NAS), Cloud Based Storage, Others), Technology (Magnetic Storage, Solid-State Storage), Vertical (Banking, Financial Services and Insurance (BFSI), Consumer Goods and Retail, IT and Telecommunications, Healthcare and Life Science, Utilities, Government and Defence, Education and Research, Media and Entertainment, Manufacturing, Business and Consulting, Others) – Industry Trends and Forecast to 2029.

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Data Bridge Market Research analyses that the cloud personal and entry level storage (PELS) market was valued at USD 63.86 billion in 2021 and is expected to reach the value of USD 577.98 billion by 2029, at a CAGR of 31.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Players Covered:

Nasuni Corporation. (U.S.), SoftNAS, Inc. (U.S.), Panasas (U.S.), Infortrend Technology Inc. (Taiwan), Thecus Technology Corp (Taiwan), D-Link Corporation (Taiwan), Cisco Systems, Inc. (U.S.), Microsoft (U.S.), Huawei Technologies Co., Ltd. (China), IBM Corporation (U.S.), ASUSTOR Inc. (Taiwan), Drobo, Inc. (U.S.), QNAP Systems, Inc. (Taiwan), Buffalo Americas, Inc. (U.S.), Synology, Inc. (Taiwan), NETGEAR, Inc. (U.S.), SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY (U.S.), WESTERN DIGITAL CORPORATION (U.S.), Hitachi, Ltd. (Japan) and Hewlett Packard Enterprise Company L.P. (U.S.)

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Key Questions Answered with this Study

1) What makes Cloud Personal and Entry Level Storage (PELS) Market feasible for long term investment?

2) Know value chain areas where players can create value?

3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?

4) What geographic region would have better demand for product/services?

5) What opportunity emerging territory would offer to established and new entrants in Cloud Personal and Entry Level Storage (PELS) Market?

6) Risk side analysis connected with service providers?

7) How influencing factors driving the demand of Cloud Personal and Entry Level Storage (PELS)in next few years?

8) What is the impact analysis of various factors in the Global Cloud Personal and Entry Level Storage (PELS) Market growth?

9) What strategies of big players help them acquire share in mature market?

10) How Technology and Customer-Centric Innovation is bringing big Change in Cloud Personal and Entry Level Storage (PELS) Market?

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[danishcmi]

Personal and Entry Level Storage Market to Soar via Cloud Adoption

The Personal and Entry Level Storage (PELS) Market encompasses a broad range of solutions designed to store, manage, and secure personal data and physical items for individuals, small businesses, and startups. Products in this market include cloud-based storage subscriptions, portable hard drives, network-attached storage (NAS) devices, and self-storage units. These offerings deliver advantages such as cost-effective scalability, enhanced data protection, and on-demand accessibility. Cloud storage services allow seamless synchronization across devices and provide robust backup capabilities, reducing the risk of data loss. Personal and Entry Level Storage Market Trends Physical self-storage facilities cater to consumers facing space constraints, offering flexible unit sizes, advanced security systems, and climate-controlled environments to protect sensitive belongings. The convergence of digital transformation and evolving consumer lifestyles has spurred demand for hybrid storage ecosystems that blend online data repositories with physical asset management.

[nitu5965]

Personal and Entry Level Storage Market – Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2027

Personal and Entry Level Storage Market Synopsis:

The global personal and entry level storage market is expected to grow at a CAGR of 25.5% during the forecast period and reach USD 94.63 billion by 2023.

The global PELS market has been segmented based on product, storage system, technology, and vertical.

By component, the global PELS market has been divided into cloud-based storage and non-cloud storage. The non-cloud storage segment is expected to account for the larger market share during the forecast period.

Based on storage system, the global Personal and Entry Level Storage Market has been classified as direct-attached, cloud storage, network-attached storage (NAS), unified storage, and software-defined storage (SDS). The NAS segment is expected to be the larger market and cloud storage is expected to register the higher growth rate during the review period.

The technology sub-segments of the global PELS market are magnetic storage, solid-state storage. The solid-state storage segment is expected to dominate the market.

On the basis of vertical, the global PELS market has been divided into banking, financial services and insurance (BFSI), consumer goods & retail, telecommunications & IT, healthcare and life science, utilities, government and defense, education and research, media and entertainment, manufacturing, business and consulting, and others. The media and entertainment segment is expected to be the largest, while the healthcare segment is projected to register the highest CAGR during the forecast period.

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 Major Key Players:

·         Dell Inc. (US)

·         Hewlett Packard Enterprise (HPE) Company (US)

·         NetApp, Inc. (US)

·         Hitachi Ltd. (Japan)

·         IBM Corporation (US)

·         Toshiba Corporation (Japan)

·         Pure Storage, Inc. (US)

·         Nutanix, Inc. (US)

·         Tintri, Inc. (US)

·         Simplivity Corp. (US)

·         Scality, Inc. (US)

·         Cisco Systems, Inc. (US)

·         Western Digital Corporation (US)

·         Seagate Technology (US)

·         Symantec Corporation (US)

Regional Analysis:

A geographical analysis of the global personal and entry level data storage market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

The North American market has been segmented into the US, Canada, and Mexico. The regional market is expected to account for the largest share in the global PELS market during the forecast period. The growth of the market in North America can be credited to the presence of a large number of PELS providers in the region. The US is the leading country-level market while Mexico market is projected to be the fastest-growing during the forecast period. The US is a mature market, however, it faces the challenge of increasing their overall carbon footprint due to the lack of ecofriendly (green) storage solutions.

Europe is expected to be the second-largest market in terms of market size; it has been divided into the UK, Germany, France, and the rest of Europe. High internet reach in the region is resulting in huge volumes of digital data generation which is driving market growth in Europe. The UK is the leading country-level market and the market in France is expected to register the highest growth rate during the forecast period.

The market in Asia-Pacific is expected to be the fastest-growing during the review period of 2018 to 2023. The regional market has been classified into China, Japan, India, and the rest of Asia-Pacific. The countries in the region such as Japan, China, Singapore, India, and South Korea are expected to adopt PELS rapidly during the forecast period.

Growing internet penetration, high volume of digital data, and affordable cost of the PELS devices are expected to boost the demand of PELS in the rest of the world regional segment. The regional market has been segmented into South America and the Middle East & Africa. These regions are expected to offer numerous opportunities to vendors as the majority of the countries are yet to adopt PELS.

Segmentation: The global personal and entry level storage market has been segmented based on product, storage system, technology, vertical, and region/country.

·         By product, the global personal and entry level storage market has been divided into cloud-based storage and non-cloud storage. The non-cloud storage segment has been further categorized as recordable discs, flash drives, hard disk drives, and solid-state drives. Based on storage system, the global personal and entry level storage market has been classified as direct-attached, cloud storage, network-attached storage (NAS), unified storage, and software-defined storage (SDS).

·         The technology sub-segments in the global personal and entry level storage market are magnetic storage and solid-state storage.

 Intended Audience:

Personal     and entry level storage product vendors

Systems     integrators

Cloud     services providers

Government     organizations

Resellers     and distributors

Investors     and venture capitalists

Data     center providers

Storage     device manufacturers

Semiconductor     foundries

ODMs     and OEMs

Analysts     and strategic business planners

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 Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Personal & Entry Level Storage Market, By Product

1.1.2 Global Personal & Entry Level Storage Market, By Storage System

1.1.3 Global Personal & Entry Level Storage Market, By Technology

1.1.4 Global Personal & Entry Level Storage Market, By Vertical

1.1.5 Personal & Entry Level Storage Market, By Region

Continued…

 List of Tables

Table 1 Global Personal & Entry Level Storage Market, By Region, 2017–2023

Table 2 North America: Personal & Entry Level Storage Market, By Country, 2017–2023

Table 3 Europe: Personal & Entry Level Storage Market, By Country, 2017–2023

Continued…

 List of Figures

Figure 1 Global Personal & Entry Level Storage Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of The Global Personal & Entry Level Storage Market

Continued…

 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

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Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

[kisan0318]

Personal and Entry Level Storage (PELS) Market Price Analysis 2021, Size, Share and Global Business Opportunities to 2027

The augmentation of the internet has spurred the development of storage devices, and this factor is estimated to push the personal and entry level storage market 2020. The semiconductors and electronics industry reports are created by Market Research Future, which centers on market choices for expansion. A CAGR of 25.5% is projected to motivate the earning of the market to USD 94.63 billion by 2023.

The advances in technology such as 5G and IPV6 are stimulating the internet proliferation, and this is expected to motivate the personal and entry level storage market. Moreover, the escalating volume of digital data is projected to spur the personal and entry level storage market in the forecast period.

Segmental Analysis

The segmentation of the personal and entry level storage market has been conducted on the basis of the storage system, product, vertical, technology, and region. On the basis of product, the personal and entry level storage market has been segmented into non-cloud storage and cloud-based storage. On the basis of vertical, the personal and entry level storage market has been segmented into consumer goods & retail, banking, financial services & insurance, business & consulting, IT & telecommunications, media & entertainment, utilities, government & defense, education and research, healthcare & life science, manufacturing, and others. On the basis of the storage system, the personal and entry level storage market has been segmented into cloud storage, direct-attached, unified storage, network-attached storage (NAS), and software-defined storage (SDS). Based on the technology, the personal and entry level storage market is segmented into magnetic storage and solid-state storage. By region, the personal and entry level storage market has been segmented into North America, Europe, Asia-Pacific, and the rest of the regions.

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Detailed Regional Analysis

The regional assessment of the personal and entry level storage market has been segmented into North America, Europe, Asia-Pacific, and rest of the regions. The personal and entry level storage market in the North American region is anticipated to be responsible for the principal market share for the duration of the forecast period. The towering demand from the huge media and entertainment industry in the North American region is anticipated to further the augmentation of the regional market. The European regional market is anticipated to be the second principal region throughout the period owing to the growing need for data analytics with machine learning and artificial intelligence and the founding of start-ups that provide personal and entry level storage software. The regional market in Asia Pacific is anticipated to be the fastest-developing in the review period. The rising countries in the market, such as India and China, and established markets such as Japan and Singapore, are motivating the expansion of the personal and entry level storage market in this region.

Competitive Analysis

The availability of advantageous policies and regulations by trade bodies and governments is expected to hasten the augmentation of the market in the forecast period. The improved economic state of the companies is expected to lead to better research and development trials and activities in the impending period. The development of the market is contingent on the delicate balance of the forces of demand and supply. The consumers in the market are well aware of their requirements and how the market can meet them. The enrichment of the sources of supply is allowing the market players to create products that can be successful in the market effectively. The collaboration of competitors in this market is expected to give way to new developments and novel product launches. The upgradation in production capacity is estimated to accelerate market expansion in the upcoming period further.

The established contenders in the personal and entry level storage market are IBM Corporation (US), Nutanix, Inc. (US),  Toshiba Corporation (Japan), Tintri, Inc. (US), Simplivity Corp. (US), Pure Storage, Inc. (US), Cisco Systems, Inc. (US), Scality, Inc. (US), Western Digital Corporation (US), Hitachi Ltd. (Japan), Seagate Technology (US) and Symantec Corporation (US).

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TABLE OF CONTENTS

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Personal & Entry Level Storage Market, By Product

1.1.2 Global Personal & Entry Level Storage Market, By Storage System

1.1.3 Global Personal & Entry Level Storage Market, By Technology

1.1.4 Global Personal & Entry Level Storage Market, By Vertical

1.1.5 Personal & Entry Level Storage Market, By Region

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Market Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

....

13. Company Profiles

13.1 Dell Inc.

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 Hewlett Packard Enterprise (HPE) Company

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 NetApp, Inc.

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.4 Hitachi Ltd

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.5 IBM Corporation

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 Toshiba Corporation

...

About Market Research Future:

At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

[automaticbluebirdcollector]

Personal and Entry Level Storage Market Dynamics, Key Players, Outlook and Segmentation | Forecast to 2027

SUMMERY:

Market Research Future published a research report on “Personal and Entry Level Storage Market Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Market Highlights:

The global PELS market has been segmented based on product, storage system, technology, and vertical.

By component, the global PELS market has been divided into cloud-based storage and non-cloud storage. The non-cloud storage segment is expected to account for the larger market share during the forecast period.

Based on storage system, the global personal and entry level storage market has been classified as direct-attached, cloud storage, network-attached storage (NAS), unified storage, and software-defined storage (SDS). The NAS segment is expected to be the larger market and cloud storage is expected to register the higher growth rate during the review period.

 The technology sub-segments of the global PELS market are magnetic storage, solid-state storage. The solid-state storage segment is expected to dominate the market.

On the basis of vertical, the global PELS market has been divided into banking, financial services and insurance (BFSI), consumer goods & retail, telecommunications & IT, healthcare and life science, utilities, government and defense, education and research, media and entertainment, manufacturing, business and consulting, and others. The media and entertainment segment is expected to be the largest, while the healthcare segment is projected to register the highest CAGR during the forecast period.

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Regional Analysis:

A geographical analysis of the global personal and entry level data storage market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

The North American market has been segmented into the US, Canada, and Mexico. The regional market is expected to account for the largest share in the global PELS market during the forecast period. The growth of the market in North America can be credited to the presence of a large number of PELS providers in the region. The US is the leading country-level market while Mexico market is projected to be the fastest-growing during the forecast period. The US is a mature market, however, it faces the challenge of increasing their overall carbon footprint due to the lack of ecofriendly (green) storage solutions.

Europe is expected to be the second-largest market in terms of market size; it has been divided into the UK, Germany, France, and the rest of Europe. High internet reach in the region is resulting in huge volumes of digital data generation which is driving market growth in Europe. The UK is the leading country-level market and the market in France is expected to register the highest growth rate during the forecast period.

The market in Asia-Pacific is expected to be the fastest-growing during the review period of 2018 to 2023. The regional market has been classified into China, Japan, India, and the rest of Asia-Pacific. The countries in the region such as Japan, China, Singapore, India, and South Korea are expected to adopt PELS rapidly during the forecast period.

Growing internet penetration, high volume of digital data, and affordable cost of the PELS devices are expected to boost the demand of PELS in the rest of the world regional segment. The regional market has been segmented into South America and the Middle East & Africa. These regions are expected to offer numerous opportunities to vendors as the majority of the countries are yet to adopt PELS.

 Key Players:

The key players in the PELS market are Dell Inc. (US), Hewlett Packard Enterprise (HPE) Company (US), NetApp, Inc. (US) , Hitachi Ltd. (Japan), IBM Corporation (US), Toshiba Corporation (Japan), Pure Storage, Inc. (US), Nutanix, Inc. (US), Tintri, Inc. (US), Simplivity Corp. (US), Scality, Inc. (US), Cisco Systems, Inc. (US), Western Digital Corporation (US), Seagate Technology (US) and Symantec Corporation (US).

 Browse Full Report Details @ https://www.marketresearchfuture.com/reports/personal-entry-level-storage-market-7691

 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

[shivani111blog]

Personal and Entry Level Storage (PELS) Market Research Report - Global Forecast till 2023

Personal and Entry Level Storage (PELS) Market Research Report - Global Forecast till 2023

 MarketSynopsis: The global personal and entry level storage market is expected to grow at a CAGR of 25.5% during the forecast period and reach USD 94.63 billion by 2023.

The personal and entry level storage refers to the use of technology to retain and store data using computers or other devices. Data storage is essential and consumers and businesses rely on it to preserve information ranging from personal photos to business-critical information. The major factor contributing to the market growth is the increasing volume of digital data. Another factor is the high proliferation of the Internet. Advances in technology such as IPV6 and 5G are facilitating the internet proliferation. The number of smartphones, laptops, and tablets is also increasing, which has resulted in an increase in the amount of data generated. This data requires various solutions and devices for storage and backup. Furthermore, these devices are available at low cost which attracts many consumers which has increased the adoption of the personal and entry level storage.

Various players active in the market face the challenge of increased carbon footprint due to the lack of green data center solutions for storage. However, concerns regarding security and privacy are expected to limit the adoption and affect the market growth during the forecast period. The demand for data analytics with artificial intelligence (AI) and machine learning (ML) and rising need for data batckup offer lucrative opportunities to players in the global personal and entry level storage market.

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 KeyPlayers: The key players in the global personal and entry level storage market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include Dell Inc. (US), Hewlett Packard Enterprise (HPE) Company (US) , NetApp, Inc. (US) , Hitachi Ltd. (Japan), IBM Corporation (US), Toshiba Corporation (Japan), Pure Storage, Inc. (US), Nutanix, Inc. (US), Tintri, Inc. (US), Simplivity Corp. (US), Scality, Inc. (US), Cisco Systems, Inc. (US), Western Digital Corporation (US), Seagate Technology (US) and Symantec Corporation (US). The key strategies adopted by most of the players are partnerships, agreements, collaborations, and new product development.

Segmentation: The global personal and entry level storage market has been segmented based on product, storage system, technology, vertical, and region/country.

By product, the global personal and entry level storage market has been divided into cloud-based storage and non-cloud storage. The non-cloud storage segment has been further categorized as recordable discs, flash drives, hard disk drives, andsolid-statedrives. Based on storage system, the global personal and entry level storage market has been classified as direct-attached, cloud storage, network-attached storage (NAS), unified storage, and software-defined storage (SDS).

The technology sub-segments in the global personal and entry level storage market are magnetic storage and solid-state storage.

On the basis of vertical, the global personal and entry level storage market has been divided into banking, financial services and insurance (BFSI), consumer goods & retail, IT & telecommunications, healthcare and life science, utilities, government and defense, education and research, media and entertainment, manufacturing, business and consulting, and others.

The global personal and entry level storage market has been analyzed for four regions—North America, Europe, Asia-Pacific, and the rest of the world.

RegionalAnalysis: The global personal and entry level storage market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in North America is expected to account for the largest market share during the forecast period. The high demand from comparatively large media and entertainment industry in North America is expected to boost the growth of the regional market. The market in Europe is expected to be the second-largest during the review period due to the increasing need for data analytics with artificial intelligence and machine learning and the establishment of start-ups offering personal and entry level storage software. The market in Asia-Pacific is expected to be the fastest-growing during the assessment period. Developing countries such as India and China, and mature markets such as Singapore and Japan are driving the growth of the personal and entry level storage market in this region. The market in the rest of the world offers numerous opportunities to vendors as the majority of the countries in the region are yet to adopt personal and entry level storage solutions.

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  About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR),Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:    

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

[dbmrzeenews]

Cloud Personal and Entry Level Storage (PELS) Market Size, Share, Key Growth Drivers, Trends, Challenges and Competitive Landscape

"Global Cloud Personal And Entry Level Storage Pels Market Report is generated in such a way that it works toward making the reports easier to read, and easier for managers to absorb the information they need to make decisions. The market data and information is made more accessible to the clients with the help of this report. The marketing report has actionable research and is also educational and entertaining. The varied and in-depth market report helps businesses get a data-focused perspective on the topics shaping industries and geographic areas.

Access Full 350 Pages PDF Report @

Data Bridge Market Research analyses that the cloud personal and entry level storage (PELS) market was valued at USD 63.86 billion in 2021 and is expected to reach the value of USD 577.98 billion by 2029, at a CAGR of 31.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Players Covered:

Nasuni Corporation. (U.S.), SoftNAS, Inc. (U.S.), Panasas (U.S.), Infortrend Technology Inc. (Taiwan), Thecus Technology Corp (Taiwan), D-Link Corporation (Taiwan), Cisco Systems, Inc. (U.S.), Microsoft (U.S.), Huawei Technologies Co., Ltd. (China), IBM Corporation (U.S.), ASUSTOR Inc. (Taiwan), Drobo, Inc. (U.S.), QNAP Systems, Inc. (Taiwan), Buffalo Americas, Inc. (U.S.), Synology, Inc. (Taiwan), NETGEAR, Inc. (U.S.), SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY (U.S.), WESTERN DIGITAL CORPORATION (U.S.), Hitachi, Ltd. (Japan) and Hewlett Packard Enterprise Company L.P. (U.S.)

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Cloud Personal And Entry Level Storage Pels Market

Chapter 3: Regional analysis of the Global Cloud Personal And Entry Level Storage Pels Market industry

Chapter 4: Cloud Personal And Entry Level Storage Pels Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Countries Studied:

North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

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 Dynamics- Drivers Low equipment cost required is expected to drive growth of the global personal and entry level storage (PELS) market during the forecast period PELS removes the need for investment in storage equipment for users. Instead of that, the data is stored on virtual servers located at different places across the globe. Generally, these servers are hosted by third parties who provide cloud hosting services to individuals as well as organizations. According to the Japanese HDD manufacturer Toshiba, the volume of online data generated globally has been increasing at a rate of around 40% annually. However, the price associated with this equipment remains a major concern. Therefore, low-priced, cost-effective cloud storage is the most suitable option for customers to store data online. Hence, these factors are expected to drive growth of the global personal and entry level storage (PELS) market during the forecast period. Growing awareness towards data storage is expected to propel the global personal and entry level storage (PELS) market growth over the forecast period It is essential to protect data from physical damages and theft, in order to maintain its integrity. This can be done by limiting access to the data. Accidental data deletion, error in reading data, and data loss due to hardware malfunction are some important reasons driving the need for data backup. Thus, growing concerns towards data storage and data backup are generating the requirement for data storage equipment. Therefore, these factors are expected to propel the global personal and entry level storage (PELS) market growth in the near future. Get HOLISTIC Request Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/4178 Market Dynamics- Restraints Issues regarding data security are expected to hinder the global personal and entry level storage (PELS) market growth over the forecast period Data vulnerability is a major related to cloud-based storage since number of copies of data is created and stored on different servers across the globe. According to the survey conducted by Symantec Corporation of 2,000 small and mid-size enterprises, around 73% had been breached by cyber-attacks.  When data is distributed and stored at different locations, it creates the risk of unauthorized physical access to the data. For instance, According to the survey conducted by Symantec Corporation of 2,000 small and mid-size enterprises, around 73% had been breached by cyber-attacks. Therefore, these factors are expected to hinder the global personal and entry level storage (PELS) market growth in the near future. Lesser lifespan of HDDs is expected to restrain growth of the global personal and entry level storage (PELS) market during the forecast period Presence of mechanical components and higher power consumption of HDDs results in a lesser life span of disk drive as it can get easily damaged due to rough handling. The average lifespan of a typical HDD is around 5 years. Moreover, in HDD, data is stored on a metal platter and head moves over this platter at speed of around thousands of rotations per minute to read the data. This increases the possibility of data error occurrence. Furthermore, in the case of data losses, it is difficult to recover lost data. Other factors contributing to the decreased life span of HDDs include higher heat dissipation, noisy operation, and the presence of moving parts. Hence, these factors are expected to restrain growth of the global personal and entry level storage (PELS) market during the forecast period. Market Opportunities Adoption of cloud storage systems can present lucrative growth opportunities in the global personal and entry level storage (PELS) market Cloud storage has become increasingly popular for both individuals and companies. Cloud services such as Dropbox, SugarSync, Google Drive, and Box offer a way to easily store data and access it from any device with an internet connection. However, data security is the biggest concern associated with this type of storage as data is stored on distant servers, with many copies spread throughout the world. For instance, Dropbox offers 2GB of free data storage space and after that costs US$ 99 annually for 100GB, US$ 199 for 200GB, and US$ 499 for 500GB space. Personal cloud storage system is the best alternative for public cloud storage where data is stored on a local networked drive allowing the user to retain full control over the data, while still making files available online. Increasing use of SSDs and flash memories in consumer electronics can provide major business opportunities in the global personal and entry level storage (PELS) market HDDs are predominantly used in set-top boxes for storing the downloaded data and the operative software. They are proving as a cost-effective alternative over HDDs for use in set-top boxes, owing to a reduction in the prices of SDDs. Moreover, the use of flash memory in smartphones is resulting in an increase in its internal memory that can be used for storing a large number of applications. Growing penetration of SSDs and flash memories in the aforementioned consumer electronics is expected to drive the demand for these storage products in the near future. Buy This Business Report:https://www.coherentmarketinsights.com/insight/buy-now/4178 Personal and entry-level storage (PELS) offers storage data facility for all the information, which is generated on a daily basis. Enter-level flash storage is simple, smart, affordable, secure, and high-performance for enterprises to start small and grow with cloud-connectivity.

[ictmarketforecasts]

Personal and Entry Level Storage Market Online Platforms That Produce a Large Amount of Data Globally

Mar 08, 2021: Market Slingshot:

The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come. This could be attributed to an ever-increasing volume of data getting generated followed by rising concerns toward data security and backup. Entry level business organizations as well as individuals have started feeling the importance of data backup and storage. This factor is expected to keep the cash registers ringing.

Market Scope:

It is a known fact that digital era calls for storing and managing information. An increasing usage of online gaming, and internet media has created an unparalleled demand for storage architectures across the globe. The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud-based storage, NAS (network attached storage), and DAS (direct attached storage). NAS holds the largest market share as every user could share single storage device. However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.

Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market/request-sample

Market Segmentation:

The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography. By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs). By data storage technology, it says SAS (Serial Attached SCSI), DAS (Direct Attached Storage), NAS (Network Attached Storage), cloud-based storage, and others (fiber channel storage and IP based storage).

By industry vertical, the market states public sector, media & entertainment, healthcare & life sciences, financial services, and others (internet services and communications). By geography, it comprises Europe, North America, Asia Pacific, LATAM, and MEA.

Players:

The players contributing to the PELS market include HP, Hitachi Data Systems (HDS), Dell, Inc., EMC Corporation, IBM, Cisco Systems, Inc., Seagate Technology, Toshiba Corporation, Western Digital Corporation, and Symantec Corporation.

To Get Full Report Click Here @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market

Market Segment:

PELS Product Outlook (Revenue, USD Million, 2012 - 2020)

   • Recordable Discs

   • Hard Disk Drives

   • Solid State Drives

   • Cloud Storage

   • Flash Drives

PELS Technology Outlook (Revenue, USD Million, 2012 - 2020)

   • Serial Attached SCSI

   • Direct Attached Storage

   • Cloud Attached Storage

   • Network Attached Storage

   • Others

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Personal and Entry Level Storage Market 2025 Report by Drivers, Competitive Landscape, Future Plans and Trends

The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come. This could be attributed to an ever-increasing volume of data getting generated followed by rising concerns toward data security and backup. Entry level business organizations as well as individuals have started feeling the importance of data backup and storage. This factor is expected to keep the cash registers ringing.

 Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market/request-sample

 Market Synopsis of Personal and Entry Level Storage Market:

 It is a known fact that digital era calls for storing and managing information. An increasing usage of online gaming, and internet media has created an unparalleled demand for storage architectures across the globe. The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud-based storage, NAS (network attached storage), and DAS (direct attached storage). NAS holds the largest market share as every user could share single storage device. However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.

 Market Segmentation:

 The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography. By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs). By data storage technology, it says SAS (Serial Attached SCSI), DAS (Direct Attached Storage), NAS (Network Attached Storage), cloud-based storage, and others (fiber channel storage and IP based storage).

 By industry vertical, the market states public sector, media & entertainment, healthcare & life sciences, financial services, and others (internet services and communications). By geography, it comprises Europe, North America, Asia Pacific, LATAM, and MEA.

 Players:

 The players contributing to the PELS market include HP, Hitachi Data Systems (HDS), Dell, Inc., EMC Corporation, IBM, Cisco Systems, Inc., Seagate Technology, Toshiba Corporation, Western Digital Corporation, and Symantec Corporation.

 View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market

 Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Personal and Entry Level Storage: Market Variables, Trends & Scope              

Chapter 4 Personal and Entry Level Storage: Product Estimates & Trend Analysis

Chapter 5 Personal and Entry Level Storage: Application Estimates & Trend Analysis

Chapter 6 Personal and Entry Level Storage: End-use Estimates & Trend Analysis

Chapter 7 Personal and Entry Level Storage: Industrial End-use Estimates & Trend Analysis

Chapter 8 Personal and Entry Level Storage: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Personal and Entry Level Storage: Manufacturers Company Profiles

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[millioninsights]

Personal and Entry Level Storage (PELS) Market Share, Top Technology and Key Players, Opportunities and Forecast 2012 – 2020

The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come. This could be attributed to an ever-increasing volume of data getting generated followed by rising concerns toward data security and backup. Entry level business organizations as well as individuals have started feeling the importance of data backup and storage. This factor is expected to keep the cash registers ringing.

For more information visit at : https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market

The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography. By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs). By data storage technology, it says SAS (Serial Attached SCSI), DAS (Direct Attached Storage), NAS (Network Attached Storage), cloud-based storage, and others (fiber channel storage and IP based storage).

By industry vertical, the market states public sector, media & entertainment, healthcare & life sciences, financial services, and others (internet services and communications). By geography, it comprises Europe, North America, Asia Pacific, LATAM, and MEA.

To get free sample report Visit at : https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market/request-sample

It is a known fact that digital era calls for storing and managing information. An increasing usage of online gaming, and internet media has created an unparalleled demand for storage architectures across the globe. The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud-based storage, NAS (network attached storage), and DAS (direct attached storage). NAS holds the largest market share as every user could share single storage device. However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.

[latestmarketreport]

Personal and Entry Level Storage (PELS) Market Profile | Revenue, Gross Margin & Share | Forecast To 2025

22 November 2019 - Personal and Entry Level Storage (PELS) Market Report provides a complete analysis of the market. The Report focuses on manufacturers, suppliers, segmentation according to the application, major players, customers, opportunities, future roadmap, and furthermore. The competitive data type analysis includes capacity, market share, profit margin, market growth, consumer consumption, imports, exports, revenue, and etc. Marketing strategies, policies, industry chain that are changing the wave of the market are also catered in the report.

The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come. This could be attributed to an ever-increasing volume of data getting generated followed by rising concerns toward data security and backup. Entry level business organizations as well as individuals have started feeling the importance of data backup and storage. This factor is expected to keep the cash registers ringing.

Request a PDF Sample @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market/request-sample

 It is a known fact that digital era calls for storing and managing information. An increasing usage of online gaming, and internet media has created an unparalleled demand for storage architectures across the globe. The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud based storage, NAS (network attached storage), and DAS (direct attached storage). NAS holds the largest market share as every user could share single storage device. However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.

Market Segmentation:

The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography. By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs). By data storage technology, it says SAS (Serial Attached SCSI), DAS (Direct Attached Storage), NAS (Network Attached Storage), cloud based storage, and others (fiber channel storage and IP based storage).

Market Segment:

PELS Product Outlook(Revenue, USD Million, 2012 - 2020)

   • Recordable Discs

   • Hard Disk Drives

   • Solid State Drives

   • Cloud Storage

   • Flash Drives

PELS Technology Outlook (Revenue, USD Million, 2012 - 2020)

   • Serial Attached SCSI

   • Direct Attached Storage

   • Cloud Attached Storage

   • Network Attached Storage

   • Others

PELS Application Outlook (Revenue, USD Million, 2012 - 2020)

   • Entertainment & Media

   • Public Sector

   • Healthcare & Life Sciences

   • Financial Services

   • Others

PELS Regional Outlook(Revenue, USD Million, 2012 - 2020)

   • North America

   • Europe

   • Asia Pacific

   • RoW

For More Technical Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market

 By industry vertical, the market states public sector, media & entertainment, healthcare & life sciences, financial services, and others (internet services and communications). By geography, it comprises Europe, North America, Asia Pacific, LATAM, and MEA.

Players:

The players contributing to the PELS market include HP, Hitachi Data Systems (HDS), Dell, Inc., EMC Corporation, IBM, Cisco Systems, Inc., Seagate Technology, Toshiba Corporation, Western Digital Corporation, and Symantec Corporation.

[millioninsightsreports]

Personal and Entry Level Storage (PELS) Market size, industry status and forecast 2020 | Million Insights

27th February 2019: The Personal and Entry Level Storage (PELS) market is anticipated to grow immensely over the forecast period, due to the rising demand of storage devices or technologies. Other driving factors of the growth of PELS include amount and complexities in the management of big data, increasing concerns over the security and backup of data. Moreover, Ongoing developments in the Information Technology has also boosted the growth of the market. Another important factor for the growth of the PELS market is an adoption of cloud technology in small & medium scale industries to reduce the cost.

The behemoth, 2.5 quintillion bytes of data is created every day from various sources such as cell phones, digital videos or pictures, social media sites, online platforms, etc. coupled with the sudden growth of the service sector is also expected to fuel the growth of the PELS market.

Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market/request-sample

Product Insights

Various types of services and products under the Personal and Entry Level Storage include recordable discs, solid-state drives, Network Attached Storage (NAS), hard disk drives, and cloud-based drives. Solid state discs are the storing devices that uses integrated circuits as a memory. The Solid-State Discs (SSD) are lightweight, shockproof drives and requires less power owing to the use of silicon microchips. SSD don’t have any moving parts and uses flash memory which makes it more reliable compared to a hard disc. SSDs are suitable for small memory requirement purposes. Cloud computing technology is a model in which data is managed, backed up and stored remotely to make it available to users across the network.

Several organizations lease or buy cloud memory from the various service providers to store the data. Hard discs are the data storing and managing tools often used for retaining big-data using magnetic substances and mechanical devices. NAS makes it possible to access the info to numerous clients simultaneously; it is manufactured as a computer apparatus. Recordable devices such as a digital compact disc or flash drives are small-sized integrated circuits. Cloud computing is likely to dominate the market growth over the forecast period owing to its low cost & maintenance and reliability.

Technology Insights

The Personal and Entry Level Storage market is segmented into five categories by technology, namely, network attached storage (NAS), direct attached storage (DAS), Small Computer System Interface (SCSI), cloud storage computing technology, and others which include fiber or IP-based storage. Network Attached Storage is a file-based data storage service to other devices connected to the network. DAS is a digital memory attached to the computer. Hard drives, optical disc drives, external drives, solid-state drives are the examples of DAS. Cloud storage is a technology in which data is stored on remote servers which can be accessed using the internet. SCSI is a set of standards for the data interface between peripheral devices and computers. Fiber channel delivers reliable serial interconnecting technology for data storage, commonly used for commercial purpose.

Application Insights

The PELS has numerous of applications which are employed in various sectors such as government, media and entertainment, financial services, healthcare industries and manufacturing industries. Media and entertainment industries use these devices to store data about users and their clients regarding their behavior, preferences, and interests. This data is helpful to analyze and make business decisions as per the target customers and their loyalty. Financial services require these devices to store the data for analyzing and providing an accurate business solution. Healthcare industry and Public-sector industry use PELS for recording and managing big-data and accessing updates about recent developments and plan accordingly.

Regional Insights

The North American market is expected to show significant growth over the forecast period owing to a larger base of entertainment and service industries. The increase in the internet users and online platforms in developing countries of Asia Pacific such as India and China is anticipated to fuel the PELS market in the region.

Competitive Insights

The companies tend to reduce the operational cost to provide service and products at lower price. Furthermore, industries provide promotional discounts and offer free initial storage to acquire customers. The PELS market is a customer-oriented by nature with the major players such as NetApp, IBM, HP, Cisco, Symantec, CA Technologies, Dell, Hitachi and EMC. EMC is one of the dominating participants of PELS with larger market share followed by HP, IBM, Data System and Hitachi.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market  

Market Segment:

• PELS Product Outlook(Revenue, USD Million, 2012 - 2020)

       • Recordable Discs

       • Hard Disk Drives

       • Solid State Drives

       • Cloud Storage

       • Flash Drives

• PELS Technology Outlook (Revenue, USD Million, 2012 - 2020)

       • Serial Attached SCSI

       • Direct Attached Storage

       • Cloud Attached Storage

       • Network Attached Storage

       • Others

• PELS Application Outlook (Revenue, USD Million, 2012 - 2020)

       • Entertainment & Media

       • Public Sector

       • Healthcare & Life Sciences

       • Financial Services

       • Others

• PELS Regional Outlook(Revenue, USD Million, 2012 - 2020)

       • North America

       • Europe

       • Asia Pacific

       • RoW  

For More Information visit https://millioninsightsresearch.blogspot.com  

[marketworlds-blog]

Personal and Entry Level Storage Market Key Highlights, Opportunities and Emerging Countries Forecast by 2020

Industry Insights

The Personal and Entry Level Storage (PELS) Market is anticipated to grow immensely over the forecast period, due to the rising demand of storage devices or technologies. Other driving factors of the growth of PELS include amount and complexities in the management of big data, increasing concerns over the security and backup of data. Moreover, ongoing developments in the Information Technology has also boosted the growth of the market. Another important factor for the growth of the PELS market is an adoption of cloud technology in small & medium scale industries to reduce the cost.

The behemoth, 2.5 quintillion bytes of data is created every day from various sources such as cell phones, digital videos or pictures, social media sites, online platforms, etc. coupled with the sudden growth of the service sector is also expected to fuel the growth of the PELS market.

Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market/request-sample

Competitive Insights

The companies tend to reduce the operational cost to provide service and products at lower price. Furthermore, industries provide promotional discounts and offer free initial storage to acquire customers. The PELS market is a customer-oriented by nature with the major players such as NetApp, IBM, HP, Cisco, Symantec, CA Technologies, Dell, Hitachi and EMC. EMC is one of the dominating participants of PELS with larger market share followed by HP, IBM, Data System and Hitachi.

Product Insights

Various types of services and products under the Personal and Entry Level Storage include recordable discs, solid-state drives, Network Attached Storage (NAS), hard disk drives, and cloud-based drives. Solid state discs are the storing devices that uses integrated circuits as a memory.

The Solid-State Discs (SSD) are lightweight, shockproof drives and requires less power owing to the use of silicon microchips. SSD don’t have any moving parts and uses flash memory which makes it more reliable compared to a hard disc. SSDs are suitable for small memory requirement purposes. Cloud computing technology is a model in which data is managed, backed up and stored remotely to make it available to users across the network.

Several organizations lease or buy cloud memory from the various service providers to store the data. Hard discs are the data storing and managing tools often used for retaining big-data using magnetic substances and mechanical devices. NAS makes it possible to access the info to numerous clients simultaneously; it is manufactured as a computer apparatus. Recordable devices such as a digital compact disc or flash drives are small-sized integrated circuits. Cloud computing is likely to dominate the market growth over the forecast period owing to its low cost & maintenance and reliability.

Technology Insights

The Personal and Entry Level Storage market is segmented into five categories by technology, namely, network attached storage (NAS), direct attached storage (DAS), Small Computer System Interface (SCSI), cloud storage computing technology, and others which include fiber or IP-based storage. Network Attached Storage is a file-based data storage service to other devices connected to the network. DAS is a digital memory attached to the computer. Hard drives, optical disc drives, external drives, solid-state drives are the examples of DAS. Cloud storage is a technology in which data is stored on remote servers which can be accessed using the internet. SCSI is a set of standards for the data interface between peripheral devices and computers. Fiber channel delivers reliable serial interconnecting technology for data storage, commonly used for commercial purpose.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/personal-entry-level-storage-pels-market

Application Insights

The PELS has numerous of applications which are employed in various sectors such as government, media and entertainment, financial services, healthcare industries and manufacturing industries. Media and entertainment industries use these devices to store data about users and their clients regarding their behavior, preferences, and interests. This data is helpful to analyze and make business decisions as per the target customers and their loyalty. Financial services require these devices to store the data for analyzing and providing an accurate business solution. Healthcare industry and Public-sector industry use PELS for recording and managing big-data and accessing updates about recent developments and plan accordingly.

Regional Insights

The North American market is expected to show significant growth over the forecast period owing to a larger base of entertainment and service industries. The increase in the internet users and online platforms in developing countries of Asia Pacific such as India and China is anticipated to fuel the PELS market in the region.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/technology

[shivani111blog]

Personal and Entry Level Storage (PELS) Market Research Report - Global Forecast till 2023

Personal and Entry Level Storage (PELS) Market Research Report - Global Forecast till 2023

 MarketSynopsis: The global personal and entry level storage market is expected to grow at a CAGR of 25.5% during the forecast period and reach USD 94.63 billion by 2023.

The personal and entry level storage refers to the use of technology to retain and store data using computers or other devices. Data storage is essential and consumers and businesses rely on it to preserve information ranging from personal photos to business-critical information. The major factor contributing to the market growth is the increasing volume of digital data. Another factor is the high proliferation of the Internet. Advances in technology such as IPV6 and 5G are facilitating the internet proliferation. The number of smartphones, laptops, and tablets is also increasing, which has resulted in an increase in the amount of data generated. This data requires various solutions and devices for storage and backup. Furthermore, these devices are available at low cost which attracts many consumers which has increased the adoption of the personal and entry level storage.

Various players active in the market face the challenge of increased carbon footprint due to the lack of green data center solutions for storage. However, concerns regarding security and privacy are expected to limit the adoption and affect the market growth during the forecast period. The demand for data analytics with artificial intelligence (AI) and machine learning (ML) and rising need for data batckup offer lucrative opportunities to players in the global personal and entry level storage market.

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KeyPlayers:                                                           The key players in the global personal and entry level storage market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include Dell Inc. (US), Hewlett Packard Enterprise (HPE) Company (US) , NetApp, Inc. (US) , Hitachi Ltd. (Japan), IBM Corporation (US), Toshiba Corporation (Japan), Pure Storage, Inc. (US), Nutanix, Inc. (US), Tintri, Inc. (US), Simplivity Corp. (US), Scality, Inc. (US), Cisco Systems, Inc. (US), Western Digital Corporation (US), Seagate Technology (US) and Symantec Corporation (US). The key strategies adopted by most of the players are partnerships, agreements, collaborations, and new product development.

Segmentation: The global personal and entry level storage market has been segmented based on product, storage system, technology, vertical, and region/country.

By product, the global personal and entry level storage market has been divided into cloud-based storage and non-cloud storage. The non-cloud storage segment has been further categorized as recordable discs, flash drives, hard disk drives, and solid-state drives. Based on storage system, the global personal and entry level storage market has been classified as direct-attached, cloud storage, network-attached storage (NAS), unified storage, and software-defined storage (SDS).

The technology sub-segments in the global personal and entry level storage market are magnetic storage and solid-state storage.

On the basis of vertical, the global personal and entry level storage market has been divided into banking, financial services and insurance (BFSI), consumer goods & retail, IT & telecommunications, healthcare and life science, utilities, government and defense, education and research, media and entertainment, manufacturing, business and consulting, and others.

The global personal and entry level storage market has been analyzed for four regions—North America, Europe, Asia-Pacific, and the rest of the world.

RegionalAnalysis: The global personal and entry level storage market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in North America is expected to account for the largest market share during the forecast period. The high demand from comparatively large media and entertainment industry in North America is expected to boost the growth of the regional market. The market in Europe is expected to be the second-largest during the review period due to the increasing need for data analytics with artificial intelligence and machine learning and the establishment of start-ups offering personal and entry level storage software. The market in Asia-Pacific is expected to be the fastest-growing during the assessment period. Developing countries such as India and China, and mature markets such as Singapore and Japan are driving the growth of the personal and entry level storage market in this region. The market in the rest of the world offers numerous opportunities to vendors as the majority of the countries in the region are yet to adopt personal and entry level storage solutions.

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