Global Next-Generation Data Storage Market

Pallavivn30 Jan, 2020Business

Global Next-Generation Data Storage Market was valued at US$ 46.5Bn in 2017 and is expected to reach US$ 126.6Bn by 2026, at a CAGR of 13.34% during a forecast period. Next-Generation data storage marketinclude the massive growth in digital data volume proliferated use of smartphones, laptops, and tablets. Growth of the IoT market and growing penetration of high-end cloud computing. However, the breach in data security in cloud and server-based services, and less structured data are the major restraints for the growth of the global next-generation data storage market.

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