Thursday, March 28, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Technology and Telecom IT And ITES Growth in Adoption of Cloud-Based Storage Expected to Drive Global External Controller-Based...

Growth in Adoption of Cloud-Based Storage Expected to Drive Global External Controller-Based Disk Storage Market: Ken Research

External controller-based or ECB disk storage devices are specific storage solutions that allow single and dual controller feature to the storage device. These ECBs are unified storage solutions designed especially for enterprise storage. In ECB data storage, disk technology is usually housed in high-availability enclosures, outside a host-based server. Other major type of data storage is host based storage, also recognized as direct-attached storage (DAS), which is further segmented into internal and external storage. Storage is one of the most significant aspects of the data center. It is generally used for storing the data for end-users that comprises of storage area network (SAN), network-attached storage (NAS), and others.

As per analysis, Global External Controller-based Disk Storage Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use the key companies operating in the global external controller-based disk storage market include Hitachi Data Systems, EMC, Dell, HP, IBM, Oracle, Fujitsu, NetApp, Huawei and among others. The renowned companies are focusing on tactical & strategic product portfolio management. These companies are revising their long-term strategies for emerging stronger in the post-COVID virus scenario. After facing series of challenges for instance demand fluctuations and supply chain disruption, companies are revising their strategies by modifying the composition of product portfolios, Research & Development (R&D) strategies, investing in capital expenditures, mergers & acquisitions and other growth strategies.

Based on type, external controller-based disk storage market is segmented as floppy disc and hard disc. In addition, based on application, market is segmented as procedure & data, storage operating system and others.

The external controller-based disk storage market is mainly driven by increase in adoption of cloud-based storage. Storing data in the cloud is a useful medium for enterprises globally. Commercial data requires huge amounts of storage and varies between small & medium enterprises and large enterprises. With growing amount of data generated through Internet-of-Things (IoT), its on-premise storage has proven to be very cost intensive. Therefore, several enterprises have moved their data to the cloud storage (storage-as-a-service) facilities provided by service providers. However, high implementation costs are major hindering factor for market. Moreover, an evolution of FC-based storage networking is a key trend for market. The global FC adapters industry will see the evolution of low-latency, high-speed and high-performance storage facilities being established that can store & retrieve the data at high speeds. These high-speed FC adapter networks begin with a number of servers in the first phase of adoption. Thus, some other peripherals connected to the server are upgraded for supporting very high-speed communication.

To emerge strongly from the Corona-Virus crisis, external controller-based disk storage players are expected to develop an effective crisis-management strategies including modestly reducing External Controller-based disk storage R&D budgets, emphasis on next-generation products & solutions, constant monitoring on external controller-based disk storage market trends, carefully launching marketing strategies, systematic approaches to investment/divestment, strengthening long term contracts and others.

It is projected that future of the global external controller-based disk storage market will be bright as a result of growth in adoption of cloud-based storage during the forecast period.

For More Information, refer to below link:-

Global External Controller-based Disk Storage Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

RELATED ARTICLES

Threads of Innovation: Exploring the Global Landscape of Telecom and Networking Industry

Introduction: - In the tapestry of our interconnected world, the Telecommunications and Networking market emerges as the weaver, intertwining threads of connectivity and innovation. Recent...

Accenture PLC: Leading the Charge in Europe Blockchain in the BFSI market with Innovation and Technology

Buy Now Accenture Plc an Irish-American professional service company is one of the leading service providers in the Europe Blockchain in the BFSI market. Accenture...

Smart Parking for Smart Cities: Unveiling the Future of US Parking Management

Buy Now What is the Size of US Parking Management Industry? US Parking Management industry is growing at a CAGR of ~% in 2017-2022 and is...

Most Popular

From Humble Beginnings to a $52 Billion Boom: Unveil Opportunities in India’s Booming Interior Design Market

India's interior designing market is witnessing a remarkable transformation, driven by various factors. This blog delves into the market size, growth projections, key trends,...

Smartphone Industry Insights: Navigating Growth, Trends, and Opportunities

The smartphone industry is a juggernaut, weaving itself into the fabric of our daily lives. From communication to commerce and entertainment, these pocket-sized powerhouses...

Theme Park Boom: Market Size, Trends & Top Players Shaping the Thrilling Future

The theme park industry isn't just about roller coasters and cotton candy anymore. It's a multi-billion dollar global phenomenon, offering immersive experiences that cater...

The Analysis on Global Capital Market, Industry and Report

The world of finance can be a complex labyrinth, especially when terms like "global capital markets" and "investment banking" get thrown around. While they're...