South & Central America Next Generation Data Storage Market Forecast to 2030

At 5.0% CAGR, South & Central America Next Generation Data Storage Market is Speculated to be Worth US$ 3,720.01 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America next generation data storage market was valued at US$ 2,509.07 million in 2022 and is expected to reach US$ 3,720.01 million by 2030, registering a CAGR of 5.0% from 2022 to 2030. DAS to witness significant growth and increasing use of SSD are among the critical factors attributed to drive the South & Central America next generation data storage market growth.

Direct attached storage (DAS) is one of the conventional data storage systems connected directly to the computer, such as a server or PC. DAS is simple to configure, set up, and access. Since computers and servers are usually purchased with internal direct-attached storage, it is available for immediate use without configuration. External DAS devices are generally “plug and play,” attached via a USB port, and can be used as soon as they are plugged in. Further, a DAS solution is more cost-effective than alternative network storage solutions, including SAN or NAS, which can be very expensive. DAS is a suitable, cost-effective storage option for small and medium-sized businesses that do not have the budget for advanced storage solutions. Moreover, increasing advancements in virtualization technology are benefiting DAS, especially in the hyper-converged infrastructures (HCI) systems. The HCI system consists of multiple servers and DAS storage nodes, and the storage is aggregated into logical resource pools, providing a more flexible storage solution than traditional DAS.

In May 2022, TerraMaster released a new 8-bay direct attached storage (DAS) appliance for customers who need a central location to store large amounts of data. Unlike NAS, DAS is used locally via a cable connected directly to a PC or other device. The new TerraMaster D8-332 is professional RAID storage with up to 160TB capacity. Thus, the increasing adoption of DAS is expected to fuel the next-generation data storage market growth.

On the contrary, data security concerns hamper the growth of South & Central America next generation data storage market.

Based on storage system, the South & Central America next generation data storage market is segmented into direct attached storage (DAS), network attached storage (NAS), and storage area network (SAN). The direct attached storage (DAS) segment held 51.5% market share in 2022, amassing US$ 1,291.17 million. It is projected to garner US$ 1,846.85 million by 2030 to register 4.6% CAGR during 2022-2030.

In terms of end user, the South & Central America next generation data storage market is segmented into BFSI, retail, IT and telecom, healthcare, media and entertainment, and others. The BFSI segment held 38.2% share of South & Central America next generation data storage market in 2022, amassing US$ 958.17 million. It is anticipated to garner US$ 1,460.68 million by 2030 to expand at 5.4% CAGR during 2022-2030.

By storage medium, the South & Central America next generation data storage market is divided into hard disk drive, solid-state drive, and tape. The solid-state drive segment held 58.7% share of South & Central America next generation data storage market in 2022, amassing US$ 1,473.82 million. It is projected to garner US$ 2,361.93 million by 2030 to expand at 6.1% CAGR from 2022 to 2030.

Based on storage architecture, the South & Central America next generation data storage market is bifurcated into file-object based storage and block storage. The file-object based storage segment held 60.1% share of South & Central America next generation data storage market in 2022, amassing US$ 1,507.96 million. It is predicted to garner US$ 2,292.98 million by 2030 to expand at 5.4% CAGR between 2022 and 2030.

By deployment, the South & Central America next generation data storage market is categorized into on-premise, cloud-based, and hybrid. The on-premise segment held 53.6% share of South & Central America next generation data storage market in 2022, amassing US$ 1,345.64 million. It is estimated to garner US$ 1,900.09 million by 2030 to expand at 4.4% CAGR during 2022-2030.

Based on country, the South & Central America next generation data storage market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 67.3% share of South & Central America next generation data storage market in 2022. It was assessed at US$ 1,688.83 million in 2022 and is likely to hit US$ 2,569.54 million by 2030, registering a CAGR of 5.4% during 2022-2030.

Key players operating in the South & Central America next generation data storage market are Dell Technologies Inc, Hewlett Packard Enterprise Co, NetApp Inc, Hitachi Ltd, International Business Machines Corp, DataDirect Networks Inc, Fujitsu Ltd, NETGEAR, and Huawei Technologies Co Ltd, among others.

In 2023, IBM introduced the new IBM Storage Scale System 6000, a cloud-scale global data platform designed to meet today’s data-intensive and A.I. workload demands, and the latest offering in the IBM Storage for Data and A.I. portfolio. The new IBM Storage Scale System 6000 was built on IBM’s leadership position with an enhanced high-performance parallel file system designed for data-intensive use cases. It provides up to 7M IOPs and up to 256GB/s throughput for read-only workloads per system in a 4U (four rack units) footprint.

In 2023, NETGEAR, Inc. the leading provider of award-winning connected products designed to simplify and improve people’s lives, launched the first WiFi 7 router with its new addition to the award-winning Nighthawk line. The router includes link aggregation for concurrent multi-gig internet and LAN access, which offers a graceful transition for a home network to upgrade to a multi-gig network. A USB hard drive can be connected for network attached Storage to facilitate large file backup or sharing as well as high-quality media streaming.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America next generation data storage market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America next generation data storage market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America next generation data storage market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Next-Generation Data Storage Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 System Providers:
4.2.2 System Integrators
4.2.3 End-Users:
4.2.4 List of Vendors in the Value Chain
5. South & Central America Next-Generation Data Storage Market – Key Market Dynamics
5.1 South & Central America Next-Generation Data Storage Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Surging Adoption of IoT and Connected Devices:
5.2.2 Rapid Digitization across Industries
5.2.3 Rising 5G Technology
5.3 Market Restraints
5.3.1 Data Security Concerns
5.4 Market Opportunities
5.4.1 increasing Use of SSD
5.4.2 Growing Demand for Hybrid Storage
5.5 Future Trends
5.5.1 DAS to Witness Significant Growth
5.6 Impact of Drivers and Restraints:
6. Next-Generation Data Storage Market – South & Central America Market Analysis
6.1 South & Central America Next-Generation Data Storage Market Revenue (US$ Million), 2020-2030
6.2 South & Central America Next-Generation Data Storage Market Forecast Analysis
7. South & Central America Next-Generation Data Storage Market Analysis – by Storage System
7.1 Direct Attached Storage (DAS)
7.1.1 Overview
7.1.2 Direct Attached Storage (DAS): South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Network Attached Storage (NAS)
7.2.1 Overview
7.2.2 Network Attached Storage (NAS): South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Storage Area Network (SAN)
7.3.1 Overview
7.3.2 Storage Area Network (SAN): South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Next-Generation Data Storage Market Analysis – by End-user
8.1 BFSI
8.1.1 Overview
8.1.2 BFSI: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Retail
8.2.1 Overview
8.2.2 Retail: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
8.3 IT and telecom
8.3.1 Overview
8.3.2 IT and telecom: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Healthcare
8.4.1 Overview
8.4.2 Healthcare: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Media and Entertainment
8.5.1 Overview
8.5.2 Media and Entertainment: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Next-Generation Data Storage Market Analysis – by Storage Medium
9.1 Hard Disk Drive
9.1.1 Overview
9.1.2 Hard Disk Drive: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Solid-State Drive
9.2.1 Overview
9.2.2 Solid-State Drive: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Tape
9.3.1 Overview
9.3.2 Tape: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Next-Generation Data Storage Market Analysis – by Storage Architecture
10.1 File-Object based Storage
10.1.1 Overview
10.1.2 File-Object based Storage: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.2 Block Storage
10.2.1 Overview
10.2.2 Block Storage: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
11. South & Central America Next-Generation Data Storage Market Analysis – by Deployment
11.1 On-premise
11.1.1 Overview
11.1.2 On-premise: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
11.2 Cloud-based
11.2.1 Overview
11.2.2 Cloud-based: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
11.3 Hybrid
11.3.1 Overview
11.3.2 Hybrid: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
12. South & Central America Next-Generation Data Storage Market – Country Analysis
12.1 South & Central America
12.1.1 South & Central America: Next-Generation Data Storage Market – Revenue and Forecast Analysis – by Country
12.1.1.1 South & Central America: Next-Generation Data Storage Market – Revenue and Forecast Analysis – by Country
12.1.1.2 Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
12.1.1.2.1 Brazil: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.2.2 Brazil: Next-Generation Data Storage Market Breakdown, by End-user
12.1.1.2.3 Brazil: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.2.4 Brazil: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.2.5 Brazil: Next-Generation Data Storage Market Breakdown, by Deployment
12.1.1.3 Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
12.1.1.3.1 Argentina: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.3.2 Argentina: Next-Generation Data Storage Market Breakdown, by End-user
12.1.1.3.3 Argentina: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.3.4 Argentina: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.3.5 Argentina: Next-Generation Data Storage Market Breakdown, by Deployment
12.1.1.4 Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
12.1.1.4.1 Rest of South & Central America: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.4.2 Rest of South & Central America: Next-Generation Data Storage Market Breakdown, by End-user
12.1.1.4.3 Rest of South & Central America: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.4.4 Rest of South & Central America: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.4.5 Rest of South & Central America: Next-Generation Data Storage Market Breakdown, by Deployment
13. Competitive Landscape
13.1 Heat Map Analysis By Key Players
13.2 Company Positioning & Concentration
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 New Product Development
15. Company Profiles
15.1 Dell Technologies Inc
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Hewlett Packard Enterprise Co
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 NetApp Inc
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Hitachi Ltd
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 International Business Machines Corp
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 DataDirect Networks Inc
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 Fujitsu Ltd
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 NETGEAR
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 Huawei Technologies Co Ltd
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
16. Appendix
16.1 About The the Reporting Teams

LIST OF TABLES

Table 1. South & Central America Next-Generation Data Storage Market segmentation
Table 2. List of Vendors
Table 3. South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Storage System
Table 5. South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million) – by End-user
Table 6. South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Storage Medium
Table 7. South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Storage Architecture
Table 8. South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Deployment
Table 9. South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 10. Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage System
Table 11. Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 12. Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage Medium
Table 13. Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage Architecture
Table 14. Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Deployment
Table 15. Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage System
Table 16. Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 17. Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage Medium
Table 18. Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage Architecture
Table 19. Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Deployment
Table 20. Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage System
Table 21. Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 22. Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage Medium
Table 23. Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Storage Architecture
Table 24. Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million) – by Deployment
Table 25. Heat Map Analysis By Key Players

LIST OF FIGURES

Figure 1. South & Central America Next-Generation Data Storage Market segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Next-Generation Data Storage Market Revenue (US$ Million), 2020-2030
Figure 5. South & Central America Next-Generation Data Storage Market Share (%) – by Storage System (2022 and 2030)
Figure 6. Direct Attached Storage (DAS): South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Network Attached Storage (NAS): South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Storage Area Network (SAN): South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. South & Central America Next-Generation Data Storage Market Share (%) – by End-user (2022 and 2030)
Figure 10. BFSI: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Retail: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. IT and telecom: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Healthcare: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Media and Entertainment: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Others: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. South & Central America Next-Generation Data Storage Market Share (%) – by Storage Medium (2022 and 2030)
Figure 17. Hard Disk Drive: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Solid-State Drive: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Tape: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. South & Central America Next-Generation Data Storage Market Share (%) – by Storage Architecture (2022 and 2030)
Figure 21. File-Object based Storage: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Block Storage: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. South & Central America Next-Generation Data Storage Market Share (%) – by Deployment (2022 and 2030)
Figure 24. On-premise: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Cloud-based: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Hybrid: South & Central America Next-Generation Data Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. South & Central America: Next-Generation Data Storage Market Revenue, by Key Countries, (2022)(US$ Mn)
Figure 28. South & Central America: Next-Generation Data Storage Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 29. Brazil: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 30. Argentina: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 31. Rest of South & Central America: Next-Generation Data Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 32. Company Positioning & Concentration