NEW YORK, Oct. 20, 2023 /PRNewswire/ — The Enterprise External OEM Storage Systems Market size is anticipated to increase by USD 5.48 billion, accelerating at a CAGR of 3.16% during the forecast period. The growing demand for non-volatile memory express-enabled storage solutions is driving growth in the enterprise’s external OEM storage system market. This demand is driven by the need for high-speed storage protocols like NVMe, particularly in the phase of growing data generation and applications like AI and machine learning. As a result, the market is seeing significant interest in NVMe-enabled SSDs, contributing to market growth. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy full report here

High initial setup costs for enterprise external OEM storage systems, particularly in data center construction, present a major challenge. Data center projects are costly and require strict adherence to timelines and managing high electricity expenses. The demand for robust IT infrastructure is growing due to technologies like AI, IoT, and 5G, but small to medium-sized enterprises (SMEs) face financial constraints in expanding their data center capacity. This limitation hampers the broader adoption of external OEM storage systems, potentially affecting the market negatively in the future.

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The Enterprise External OEM Storage Systems Market is segmented by End-user (SMEs and Large Enterprises), Type (SAN, NAS, and DAS), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).

The SMEs segment is expected for substantial market share growth during the forecast period. Small businesses rely on enterprise external OEM storage systems to enhance their data storage and security capabilities. Within the global enterprise external OEM storage systems market, the small enterprise segment consists of companies with more modest IT infrastructures and budgets compared to their larger counterparts.

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Key Companies in the Enterprise External OEM Storage Systems Market:

• Commvault Systems Inc.
• DataDirect Networks Inc.
• Dell Technologies Inc.
• Fujitsu Ltd.
• Hewlett Packard Enterprise Co.
• Huawei Technologies Co. Ltd.
• International Business Machines Corp.
• Lenovo Group Ltd.
• NEC Corp.
• NetApp Inc.
• Netgear Inc.
• Nfina Technologies Inc.
• Nimbus Data Inc.
• Oracle Corp.
• Pure Storage Inc.
• Seagate Technology Holdings Plc
• Toshiba Corp.
• VIOLIN Systems LLC
• Western Digital Corp.
• Hitachi Ltd.

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Enterprise Storage Systems Market: The enterprise storage systems market share is expected to increase by USD 15.15 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.92%.

Advanced Energy Storage Systems (AESS) Market: The advanced energy storage systems (AESS) market size is estimated to grow at a CAGR of 8.52% between 2022 and 2027. The market size is forecast to increase by USD 6,703.96 million.

TOC:

1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Historic Market Sizes
5. Five Forces Analysis
6. Market Segmentation by End-User
7. Market Segmentation by Type
8. Market Segmentation by Geography
9. Customer Landscape
10. Geographic Landscape
11. Drivers, Challenges, & Trends
12. Company Landscape
13. Company Analysis
14. Appendix

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