All-Flash Array Market Trends, Size, Segments, Emerging Technologies 2027

 Market Overview 

Market Research Future (MRFR) evaluates the value of all-flash array market 2020 to be USD 16.21 billion by 2024. The market is also anticipated to advance at a noteworthy rate of 20.56% between 2019 and 2024, which is the assessment period. We will provide COVID-19 impact analysis with the report. The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post the coronavirus disease outbreak.

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Primary Drivers and Main Barriers 

The widespread deployment of All-Flash Array Market Trends in data centers is touted to be a chief boosting factor in the worldwide market. With enterprises shifting their data to the cloud-based storage, storage infrastructure such as all-flash array has been observing massive boost since then. These semiconductors are in high demand across diverse industries such as healthcare, telecom, BFSI, and more, to facilitate better-performance computing and storage workloads.

The rising focus on product innovation and customer base expansion are some of the top marketing strategies being employed by the leading vendors in the all-flash array market, which can also induce major business growth in the coming years. To draw in more number of customers, several firms are developing and launching products with better features, offering software solutions and upgrades that ease storage migration. For instance, in June 2020, StorOne launched All-Flash Array.next/AFAn, which combines cheaper priced capacity quad-level cell SSDs with high-performance Optane drives.

Moreover, growing prevalence of advanced technologies such as machine learning and artificial intelligence is encouraging the use of all-flash arrays for catering to the mounting requirement for real-time data processing. 

Regional Insight 

The regional segmentation of the all-flash array market comprises Europe, North America, APAC/Asia Pacific, and RoW/the rest of the world. 

Between 2019 and 2024, the market leader across the globe can be APAC, as a result of the surge in automation across several industries make huge demand for all-flash array. Also, the expanding pool of data centers across India and China combined with the easy availability of lower priced raw materials encouraging large-scale production of affordable all-flash arrays boost the industry outlook of the region. 

Interestingly, the MEA market (which comes under RoW market) can post the highest advancement rate in the upcoming years because of the soaring demand for all-flash arrays across industries like media and entertainment and energy. Also, the oil & gas sector has emerged as a significant end-user in the regional market, with rising need for superior data processing, storage and computing solutions to review seismic information.

Renowned Players

Renowned players recognized in the market research include Pure Storage (US), Cisco Systems, Inc. (US), Fujitsu Ltd (Japan), Vexata Inc. (US), E8 Storage (US), Hitachi, Ltd (Japan), Kaminario (US), IBM Corporation (US), Huawei Technologies Co. Ltd (China), Dell Technologies (US), Violin Systems (US), Micron Technology Inc. (US), Western Digital Corporation (US), Hewlett Packard Enterprise (US), NetApp Inc. (US), Oracle Corporation (US), and more.

Latest News

June 2020

Product development seems to be the most favored strategy adopted by market vendors. A case in point being Pure Storage, a renowned all-flash storage array developer, who has recently upgraded the storage software of its FlashArray range of storage systems, adding to its unified block and file features. The company has also boosted its ability to conduct consistent data replication for active disaster recovery.

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