Global Data Center Storage Market to Surge at a CAGR of Around 9.2% During 2025-30

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The Global Data Center Storage Market size was valued at around USD60 billion in 2024 and is projected to reach USD102 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.2% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. This growth is mainly attributed to the increasing amount of data generated across the world from various sectors such as healthcare, IT companies, government firms, etc., growing use of machine learning to make data-based decisions, security of data from hackers & natural disasters, increasing edge computing, and need for cost-effective storage solutions. All these factors are the major characteristics of data center storage, thus pushing the market on a growth trajectory.

Explosive growth in the e-commerce industry, the advent of quick commerce, and growth in per capita consumption of digital content, skyrocketing digital transactions across the countries such as India, China, the US, etc., has been massively contributing towards requirements for data storage.

Moreover, the market is further boosted by the increasing greenfield investments in data centers. Such investments are made in both developed and developing countries. For instance, as per Louisiana Economic Development, Meta is constructing a USD 10 billion data center in northeast Louisiana. Also, Adani Group is expanding its footprint in the data center market of India. Similarly, other companies are also investing in such establishments, including Google, Microsoft, etc. Such data centers require robust storage systems to align with the growing data generation by numerous companies worldwide and fulfill their demand for instant data retrieval. As a result, their expansion highly contributes to the market growth, and this trend is expected to continue in the coming years.

Furthermore, the rapid adoption of cloud computing across various industries boosts the demand for storage at data centers. Around 90% of the companies have already adopted such services, and the majority of the upcoming companies are expected to adopt them in their initial stages. This is because cloud services not only handle the data and operations efficiently but also help in decreasing the setup cost, especially for new entrants or small-sized enterprises. As a result, there would be a very high demand for data centers as cloud companies are their major end-users, thus increasing the demand for storage devices at data centers.

Therefore, the market has experienced substantial growth amid the increasing amount of data and a need to store it efficiently, and this growth is further fueled by increasing investments in establishing data centers and rapid adoption of cloud-based solutions, further states the research report, “Global Data Center Storage Market Analysis, 2025.”

Segmentation Analysis

SAN is the Most Preferred Storage Type

Based on the type of storage, the market is further bifurcated into Direct-Attached Storage (DAS), Network-Attached Storage (NAS), and Storage Area Network (SAN). Here, SAN leads the market with a share of around 60%. This dominance is mainly attributed to this storage’s high data storing and retrieving speeds, as it offers block-level storage and that too on network-based systems. The speed of the NAS system is around 3 MB/s to 110 MB/s, whereas the speed of SAN systems is around 2GB/s to 128 GB/s, which is comparatively very high. This makes them suitable for businesses that require data in the least possible time, such as data analytics, machine learning, etc.

Moreover, the superior scalability of SAN has further boosted its demand, i.e., it can be expanded as per the requirements without impacting the existing systems, and that too at a low investment. Therefore, the high performance, low latency, and high scalability offered by SAN help data centers attract various end-users by providing the desired characteristics, which makes this segment the market leader.

North America Leads the Global Data Center Storage Industry

Regionally, North America dominates the market with a share of around 40%. This is because a huge number of Data Centers are present in this region to address the growing amount of data from multiple companies in this region, including IT & Telecom, healthcare, governmental, BFSI, etc. As per the International Trade Administration, there were around 5,85,000 IT & software companies in the US in 2023. Moreover, around 5,389 data centers are present in the US only to handle the data generated by such companies. As a result, such data centers generate a high demand for storage systems in this region. Therefore, a huge amount of data generation and the presence of numerous data centers are the main reasons behind this region’s dominance, which is expected to remain in the future as well.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Dell Technologies, Hewlett-Packard Enterprise, NetApp, IBM, Hitachi Vantara, Seagate Technology, Western Digital Corporation, Pure Storage, Cisco Systems, Oracle, Huawei, NEC Corporation, Fujitsu, Lenovo, Toshiba Corporation, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & solution adoption?
5. How has the competition been shaping up across the regions?
6. How have buying behavior, customer inclination, and expectations from products been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?