Attractive Opportunities in Storage Management Software Market by Deployment and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Storage Management Software Market by Deployment and Geography - Forecast and Analysis 2021-2025

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NEW YORK, Nov. 26, 2021 /PRNewswire/ -- Technavio's latest research report on the Storage Management Software Market offers a comprehensive analysis of new product launches, the latest trends, drivers & challenges. The storage management software market is estimated to grow by USD 10.64 billion from 2020 to 2025 at a CAGR of 10.09%. 40% of the market's growth will originate from APAC. China and Japan are the key markets for storage management software in the region. The growing demand for storage virtualization will facilitate the storage management software market growth in APAC.

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Market Dynamics

Factors such as increase in volume of data will be crucial in driving the growth of the market. But, the cyber attacks will restrict the market growth. This storage management software market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.

Company Profiles

The storage management software market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The storage management software market report provides complete insights on key vendors including Broadcom Inc., Cisco Systems Inc., Data Dynamics Inc., Dell Technologies Inc., Hitachi Ltd., HP Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., NetApp Inc., and Oracle Corp.

Few Companies with Key Offerings

  • Broadcom Inc. - The company is involved in offering solutions that support the broadest range of storage platforms including IBM, EMC, Hitachi Data Systems, and many more.
  • Cisco Systems Inc.- The company is involved in offering solutions scale from terabytes to petabytes and ensures compatibility and validation.
  • Data Dynamics Inc - The company is involved in offering unified unstructured data management platforms that secures the data and enables compliance.

Competitive Analysis

The competitive scenario provided in the storage management software market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Deployment, the market is classified as On-premise and Cloud-based. The storage management software market share growth by the on-premise segment has been significant.
  • By Geography, the market is classified as North America, APAC, Europe, MEA, and South America. APAC will have the largest share of the market.

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Storage Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.09%

Market growth 2021-2025

USD 10.64 billion

Market structure

Fragmented

YoY growth (%)

9.54

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Canada, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Broadcom Inc., Cisco Systems Inc., Data Dynamics Inc., Dell Technologies Inc., Hitachi Ltd., HP Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., NetApp Inc., and Oracle Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.comWebsite: www.technavio.com/

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SOURCE Technavio

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