Market Share of Next-generation Storage Industry
The next-generation storage market is semi-consolidated and consists of some major players. In terms of market share, few of the key players currently dominate the market. However, with innovation in memory packaging technology, many companies are increasing their market presence across untapped new markets of emerging economies.
- May 2023 - NetApp announced a new modern block storage offering and a guarantee highlighting NetApp's best-in-class ability to recover from ransomware attacks. Through this launch, the company aims to address critical customer challenges, including restricted IT budgets, increasing IT complexity, increased urgency around sustainability, and the continued exponential growth of cyber threats.
- April 2023 - Pure Storage Inc. announced introducing a next-generation unified block and file storage service. This new storage service provides access to native block and file services from a single, global pool of resources. A unified storage architecture supports block and file storage formats, allowing organizations to store and view data in various ways.
Next-generation Storage Market Leaders
Dell Inc.
Hewlett Packard Enterprise Company
NetApp Inc.
Hitachi Ltd
IBM Corporation
*Disclaimer: Major Players sorted in no particular order
