Future Market Insights has announced the addition of the “External Storage Market: Global Industry Analysis and Opportunity Assessment 2017-2027" report to their offering.

1. External Storage Market
March 2017
©2015 Future Market Insights, All Rights Reserved
Report Id : REP-GB-2935
Status : Ongoing
Category : Electronics, Semiconductors, and ICT

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4. External storage, also called as auxiliary storage or secondary storage, comprises of all addressable data
storage that do not belong to the computer's main storage or memory. Such devices are not permanently
fixed inside a computer. They offer advantages such as enhanced data storage capacity, portability, and
data backup options.
In recent years, external storage market witnessed a significant year-on-year growth, mainly due to due
to increased spending in storage technology across communications, media and banking verticals along
with residential sector, especially in emerging economies.
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Market Overview:
After an initial slowdown in 2014, the demand for external storage picked up with customer preference
shifting to low-cost storage solutions. This shift has resulted in a loss of share for large storage vendors at
the expense of smaller providers.
External storage systems involves range of techniques such as magnetic storage, optical storage, solid
state storage and smart cloud devices.
External Storage Market Analysis
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5. Market Dynamics:
External storage tools are crucial components of modern businesses. The growth of external storage
market is driven by factors such as increasing uptake of digital transformation projects across
organizations, momentum in the adoption of hybrid & all flash arrays, increased government spending in
advanced storage technologies and growing volumes of data due to increasing workloads (such as VDI,
OLTP and DB) across verticals.
Additionally, increasing number of enterprises are shifting to procure external storage solutions from by
small storage vendors, offering better capacity/performance with competitive prices. Enterprises are
allocating significant share of their budgets for external storage solutions and an appreciable portion of
these investments are expected to flow into the external storage market.
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However, advanced technologies such as software-defined storage and hyper-converged infrastructure
are expected to cannibalize traditional external storage market, and is expected to have a large impact
during the forecast period.
Market Segmentation:
Global External Storage market is mainly classified on the basis of type of storage technique, end user
and regions.
External Storage Market Analysis
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6. On the basis of type of storage technique, global external storage market is segmented into police optical
storage (CD/DVD and blue-ray), solid state storage & flash memory devices (memory cards, memory
stticks), smart cloud devices, and external hard drives.
On the basis of verticals the market is segmented as commercial (BFSI, IT & Telecommunication,
hospitals, media & entertainment, law firms, education, government institutions and others) and
residential.
On the basis of regions, the market is segmented into 7 key regions:
 North America
 Latin America
 Western Europe
 Eastern Europe
 Asia Pacific Excluding Japan
External Storage Market Analysis
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7.  Japan
 Middle East & Africa
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Key Market Players
The major players in the global external Storage market include of Netapp, EMC Corporation (Dell),
Hewlett Packard Enterprise Development LP, International Business Machines Corporation (IBM),
Toshiba Corporation, Hitachi Data Systems, Seagate Technology LLC, Pure Storage, Inc., Fujitsu and
Huawei Technologies Co., Ltd.
External Storage Market Analysis
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