Market Research Future (MRFR) evaluates the value of all-flash array market 2020 to be
USD 16.21 billion by 2024. The market is also anticipated to advance at a
noteworthy rate of 20.56% between 2019 and 2024, which is the assessment
period. We will provide COVID-19 impact analysis with the report. The COVID-19
impact on the market has been carefully studied, following which the report
outlines the key developments post the coronavirus disease outbreak.
COVID-19 Analysis
Since the outbreak of novel coronavirus, all-flash array
vendors have been working on securing their supply chains, and deal with
various pressing concerns. Although the lockdown is still in place and the
social distancing is still prevalent, market leaders are preparing for the time
when the spread of SARS-CoV-2 diminishes the things start to recover. To deal
with the challenges posed by the pandemic, the players are continuously
devising strategies to reimagine their business models.
Since the advent of COVID-19 outbreak and the consequent
lockdowns imposed, people have been adopting new methods of studying, working
and communicating via videoconferencing along with various advanced
technologies. These trends have been beneficial for the semiconductor industry,
giving way to growth possibilities for components like all-flash arrays. As a
backup, several governments across the globe have been providing incentives as
well as subsidies.
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Primary Drivers and Main
Barriers
The widespread deployment of all-flash arrays in data centers
is touted to be a chief boosting factor in the worldwide market. With
enterprises shifting their data to the cloud-based storage, storage
infrastructure such as all-flash array has been observing massive boost since
then. These semiconductors are in high demand across diverse industries such as
healthcare, telecom, BFSI, and more, to facilitate better-performance computing
and storage workloads.
Moreover, growing prevalence of advanced technologies such as
machine learning and artificial intelligence is encouraging the use of
all-flash arrays for catering to the mounting requirement for real-time data
processing.
Top Competitors:
The key players profiled in the all-flash array market
research report are Dell Technologies
(US), Hewlett Packard Enterprise (US), NetApp, Inc. (US), Pure Storage (US),
IBM Corporation (US), Huawei Technologies Co. Ltd (China), Western Digital
Corporation (US), Hitachi, Ltd (Japan), Kaminario (US), and Micron Technology,
Inc. (US).
All-Flash Array Market@ https://stockmarketfunda.com/2020/11/10/covid-19-impact-on-all-flash-array-market-driver-analysis-material-outlook-manufacturing-cost-analysis-by-2024-dell-technologies-hewlett-packard-enterprise-netapp/
Segmental Review
The all-flash array industry can be considered for storage
pattern, flash media and end user.
·
The storage patterns specified in the study are block,
object and file. The block storage segment has the potential to secure the
leading spot in the market given its rising use in various end-use applications
that demand several transactions in real time.
·
Depending on flash media, the categories include
solid-state drives (SSD) and custom flash modules (CFM). In 2018, the leading
segment was identified to be SSD, but the highest expansion rate is expected to
be clinched by the CFM segment during the conjectured period. CFM provides
multiple benefits that include wide space and better power efficiency, more
affordability, boosted capacity density as well as flexibility and more.
·
Key end users in the worldwide industry include
telecom, media and entertainment, healthcare, government, BFSI, commercial
institutions, and others.
Regional Insight
The regional segmentation of the all-flash array market
comprises Europe, North America, APAC/Asia Pacific, and RoW/the rest of the
world.
Between 2019 and 2024, the market leader across the globe can
be APAC, as a result of the surge in automation across several industries make
huge demand for all-flash array. Also, the expanding pool of data centers
across India and China combined with the easy availability of lower priced raw
materials encouraging large-scale production of affordable all-flash arrays boost
the industry outlook of the region.
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TABLE OF CONTENTS:
1.
MARKET INTRODUCTION
2.
RESEARCH METHODOLOGY
3.
MARKET DYNAMICS
4.
EXECUTIVE SUMMARY
5.
MARKET FACTOR ANALYSIS
6.
QUANTUM DOTS MARKET, BY
SEGMENTS
7. COMPETITIVE ANALYSIS
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