|By Business Wire||
|May 26, 2014 07:02 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/x2b694/enterprise_flash) has announced the addition of the "Enterprise Flash Storage - Redefining Storage Capabilities - Investment Analysis, Growth Prospects And Key Stakeholders (2014 - 2020)" report to their offering.
The current global market for enterprise flash storage is at $500 million and is expected to reach $1.6 billion by 2016, at an astounding CAGR that is close to 60%
The huge amount of raw data that is being generated daily is creating a data storage crisis for companies. The overall input /output operations per second (IOPS) are growing exponentially, causing companies to face increasing delays with data storage and retrieval. There are endless concerns in the market over the availability and security of data stored in offshore data centers around the world, further compounded due to recent data center outages. It is essential that storage systems are highly available and offer comprehensive backup in case of an emergency. Although organizations continuously seek high performance tools to increase their overall efficiency, cost is the single major issue that enterprise IT departments face when it comes to overhauling their infrastructure.
Flash storage providers are aiming to provide an overall cost effective experience to customers through advanced compression techniques. This rapid growth is being driven by the technological improvements that decrease the costs.
This report provides a deeper insight into the strategies of the key market players and gives a broad overview of the flash market, including market share and applications across various industry segments. Key players in the industry such as EMC, NetApp, Oracle and PureStorage currently hold over 90% of the present flash storage market. At present, North America is the dominant market for flash storage with most of technology companies headquartered in the region. However, APAC is growing twice as fast as North America with its huge trove of cheap skilled workforce. Over the past 4 years, the cost of flash memory per gigabyte has dropped by 30%, resulting in more companies opting for flash memory for their high performance storage needs.
Key Topics Covered:
2. Technology Snapshot and Trends
- Market Overview
- Current technology trends
- Growth Prospects
3. Drivers and Restraints
4. Investment Analysis
- Investor networks
- Funding patterns and details
- Expectations for the future
5. Market applications by industry segment
- IT industry
6. Market segmentation by region
7. Market Share
8. Stakeholder Analysis
- Violin Memory
- Nimble Storage
- Tegile Systems
- Western Digital
- Fusion IO
9. Market Scenario
10. Key Patents
For more information visit http://www.researchandmarkets.com/research/x2b694/enterprise_flash
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