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Enterprise External OEM Storage Systems Market size to grow by USD 5.48 billion between 2022 – 2027| Driven by growing demand for non-volatile memory express-enabled storage solutions – Technavio

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.

View Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

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.

Related Reports:

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.

Enterprise External OEM Storage Systems Market Scope

Report Coverage


Base year


Historic period


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 3.16%

Market growth 2023-2027

USD 5.48 billion

Market structure


YoY growth 2022-2023 (%)


Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 31%

Key countries

US, China, Japan, UK, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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., and Hitachi Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


  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

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

Originally published at https://www.prnewswire.com/news-releases/enterprise-external-oem-storage-systems-market-size-to-grow-by-usd-5-48-billion-between-2022—2027-driven-by-growing-demand-for-non-volatile-memory-express-enabled-storage-solutions—technavio-301962371.html
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