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Europe Data Center Storage Market By Storage Type (Traditional Storage, All-Flash Storage, Hybrid Storage); By Application (IT and Telecommunications, BFSI, Government, Healthcare, Others); By Deployment (Storage Area Network (SAN) System, Network-attached storage (NAS) System, Direct-Attached Storage (DAS) System, Others); By Geography – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
Europe Data Center Storage Market Size 2023	USD 23,523.45 million
Europe Data Center Storage Market, CAGR	8.26%
Europe Data Center Storage Market Size 2032	USD 47,898.90 million

Market Overview

The Europe Data Center Storage Market, valued at USD 23,523.45 million in 2023, is projected to grow significantly to USD 47,898.90 million by 2032, reflecting a robust compound annual growth rate (CAGR) of 8.26%.

The Europe Data Center Storage Market is driven by the surging demand for cloud computing, which necessitates scalable and efficient storage solutions. Rapid advancements in data processing technologies and the proliferation of IoT devices further fuel this growth. Key trends include the rising adoption of artificial intelligence and machine learning, which require substantial data storage and processing capabilities. Additionally, the increasing focus on data security and compliance regulations propels investment in robust storage infrastructure. These factors collectively enhance the market’s expansion and innovation in data center storage solutions.

The Europe Data Center Storage Market features significant contributions from leading players such as Hewlett Packard Enterprise, NetApp, and IBM Corporation, who provide advanced storage solutions tailored to regional needs. Germany and the UK are central to this market, with Germany’s robust industrial base and technological investments and the UK’s strong focus on digital transformation and cloud adoption driving growth. These key regions benefit from the presence of major players like Cisco Systems and Huawei Technologies, who enhance the market with innovative storage technologies and strategic investments, fostering substantial development and competitiveness in the European data center sector.

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Market Drivers

5G and IoT Deployment

The deployment of 5G and IoT technologies is reshaping data center storage needs. Edge computing, driven by the proliferation of 5G and IoT, necessitates efficient local storage solutions to handle data generated at the edge of networks. For instance, the global 5G Internet of Things (IoT) installed base is forecast to grow to around 49 million units in 2023. Moreover, 5G networks facilitate the offloading of data processing tasks to edge devices, which alleviates pressure on centralized data centers and drives the development of distributed storage architectures.

Digital Transformation and Cloud Adoption

The surge in digital transformation is a major driver for the Europe Data Center Storage Market. Increased data generation from IoT devices, social media, and digital content necessitates robust storage solutions to handle the massive volumes of data. For instance, 48% of organizations have invested in cloud-enabled tools and technologies as part of their workforce digital transformation. Additionally, the widespread adoption of cloud computing services requires scalable storage infrastructure to support dynamic workloads. Businesses are also embracing hybrid and multi-cloud environments, which demand efficient data management solutions across various platforms, enhancing the need for flexible and integrated storage systems.

Data Sovereignty and Compliance

Data sovereignty concerns are significantly impacting the market. Many countries are enacting data localization laws, compelling businesses to store data within national borders to adhere to privacy regulations. The General Data Protection Regulation (GDPR) and other stringent data privacy laws further drive the demand for secure and compliant storage solutions. As these regulations become more rigorous, organizations are increasingly investing in storage infrastructures that ensure data protection and regulatory compliance.

Artificial Intelligence and Machine Learning

Artificial Intelligence (AI) and Machine Learning (ML) are accelerating the demand for advanced storage systems. These technologies rely heavily on large datasets for training and inference, creating a need for high-performance storage solutions capable of managing and processing vast amounts of data. Real-time analytics and decision-making processes also require low-latency storage systems that can handle large datasets efficiently, thus pushing the market towards more sophisticated storage technologies.

Market Trends

Innovations in Storage Technologies

The Europe Data Center Storage Market is significantly influenced by the rise of hyper-convergence and software-defined storage (SDS) solutions. Hyper-converged infrastructure (HCI) integrates computing, storage, and networking into a single system, offering simplified management and reduced operational costs. SDS further enhances this by abstracting storage management from hardware, allowing for greater flexibility and scalability. These technologies enable businesses to swiftly adapt their storage infrastructure to evolving workloads and requirements, which is crucial in today’s dynamic IT environment. For instance, a survey conducted by the Department of Energy highlights that the adoption of SDS solutions has led to a substantial reduction in operational costs for data centers. Additionally, the advent of cloud-native storage solutions, including containerized and serverless storage, reflects the market’s shift towards cloud-centric architectures. Cloud-native storage is designed to efficiently support containerized applications, which are increasingly popular in modern cloud environments. Serverless storage abstracts underlying infrastructure, offering on-demand storage capacity that eliminates the need for upfront provisioning and enhances scalability.

Advances in Edge and High-Performance Storage

Edge computing is driving the need for localized storage solutions that support real-time data processing closer to the data source. This approach improves latency and reduces network traffic by processing and storing data at the edge rather than relying solely on centralized data centers. The integration of edge storage solutions aligns with the broader trend towards decentralized data management. Meanwhile, the demands of artificial intelligence (AI) and machine learning (ML) applications are pushing the boundaries of storage performance. These technologies require high-performance storage systems capable of managing large datasets and intensive workloads efficiently. The growing use of data lakes and data warehouses further emphasizes the need for scalable and cost-effective storage solutions that can accommodate vast amounts of data. Concurrently, there is a strong push towards sustainability and energy efficiency within the data center industry. Green data centers are focusing on optimizing storage infrastructure for power consumption and cooling efficiency, while the integration of renewable energy sources is becoming increasingly prevalent to reduce carbon footprints. These trends underscore a collective move towards more environmentally conscious and technologically advanced storage solutions.

Market Challenges Analysis

Data Growth and Complexity

The rapid growth and complexity of data present significant challenges for the data center storage market. The exponential increase in data volume, driven by IoT devices, digital content, and enterprise applications, creates immense pressure on storage capacity and management systems. For instance, the total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 64.2 zettabytes in 2020 and projected to grow to more than 180 zettabytes by 2025. This surge necessitates scalable storage solutions that can handle vast amounts of information efficiently. Additionally, the complexity of modern data, which includes unstructured data, real-time data streams, and sensitive information, further complicates storage management. Organizations must invest in sophisticated storage technologies that can address these diverse data types while ensuring efficient processing, security, and accessibility. The combination of massive data growth and intricate data structures underscores the need for advanced storage solutions capable of meeting these evolving demands.

Regulatory Compliance and Cost Management

Regulatory compliance and cost management are critical challenges faced by the data center storage industry. Adhering to stringent data privacy regulations, such as GDPR, requires robust security measures and sophisticated storage solutions, which can be both complex and costly. Data localization requirements, which mandate that data be stored within specific geographical regions, further complicate infrastructure planning and increase operational costs. Additionally, managing the financial aspects of data center operations presents its own set of hurdles. Capital expenditures for data center infrastructure, including storage systems, are substantial, and ongoing operational costs related to power consumption, cooling, and maintenance add to the financial burden. Data center operators must continually balance performance, capacity, and cost to optimize their infrastructure while navigating the financial and regulatory landscape. Addressing these challenges effectively is essential for maintaining operational efficiency and regulatory compliance in an increasingly complex data environment.

Market Segmentation Analysis:

By Storage Type:

The Europe Data Center Storage Market is segmented into Traditional Storage, All-Flash Storage, and Hybrid Storage, each catering to different organizational needs. Traditional Storage, encompassing Hard Disk Drives (HDDs), remains prevalent due to its cost-effectiveness and sufficient performance for many applications. However, All-Flash Storage is gaining traction for its superior speed and reliability, making it ideal for high-performance applications and data-intensive workloads. All-Flash systems are particularly favored in environments requiring rapid data access and minimal latency. Hybrid Storage, which combines HDDs and SSDs, offers a balanced approach by integrating the affordability of traditional storage with the performance benefits of flash. This versatility makes Hybrid Storage a popular choice for businesses seeking a compromise between cost and performance, adapting to varying demands and workloads efficiently.

By Application:

The market segments based on application include IT and Telecommunications, BFSI (Banking, Financial Services, and Insurance), Government, Healthcare, and Others. The IT and Telecommunications sector drives substantial demand for data center storage due to the need for scalable and reliable infrastructure to support growing digital operations. BFSI organizations require secure and high-performance storage solutions to handle sensitive financial data and comply with regulatory standards. Government institutions invest in robust storage systems to manage extensive data archives and ensure data security. Healthcare providers demand reliable storage solutions for managing large volumes of patient records and medical imaging data. The “Others” segment encompasses various industries with specific storage needs, contributing to the diverse application landscape of the market.

Segments:

Based on Storage Type:

Traditional Storage
All-Flash Storage
Hybrid Storage

Based on Application:

IT and Telecommunications
BFSI
Government
Healthcare
Others

Based on Deployment:

Storage Area Network (SAN) System
Network-attached storage (NAS) System
Direct-Attached Storage (DAS) System
Others

Based on the Geography:

UK
France
Germany
Italy
Spain
Russia
Belgium
Netherlands
Austria
Sweden
Poland
Denmark
Switzerland
Rest of Europe

Regional Analysis

Germany

Germany commands a significant portion of the Europe Data Center Storage Market, holding approximately 27% of the market share. This prominent position is driven by the country’s advanced industrial sector and substantial investments in IT infrastructure. Germany’s focus on technological innovation, including high-performance computing and sophisticated storage solutions, supports its leading role. The nation’s central location in Europe facilitates extensive data exchange and enhances its market presence. Additionally, Germany’s strict data protection regulations and emphasis on data sovereignty propel the adoption of advanced storage technologies, solidifying its significant market share in the European data center storage landscape.

United Kingdom

The United Kingdom captures around 22% of the Europe Data Center Storage Market, reflecting its pivotal role in the sector. The UK’s strong emphasis on digital transformation and cloud adoption drives substantial demand for scalable and reliable storage solutions. Its well-established financial services sector and expanding technology industry necessitate high-performance storage systems to support data-intensive applications and regulatory requirements. The UK’s advanced infrastructure supports various storage technologies, including all-flash and hybrid solutions. Ongoing investments in data center facilities and cloud services further reinforce the UK’s market position, contributing to its substantial market share in the European data center storage sector.

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Key Player Analysis

Hewlett Packard Enterprise Development LP
NetApp
IBM Corporation
Seagate Technology
Cisco Systems, Inc.
Nutanix, Inc.
Micron Technology, Inc.
Quantum Corporation
Cohesity, Inc.
Super Micro Computer, Inc.
Snowflake Inc.
DataDirect Networks
Lenovo Group
Huawei Technologies Co., Ltd.
Hitachi Vantara
Fujitsu Limited
NEC Corporation
Toshiba Corporation
Kioxia Holdings Corporation
Infinidat
Veeam Software

Competitive Analysis

The Europe Data Center Storage Market is highly competitive, featuring prominent players such as Hewlett Packard Enterprise, NetApp, IBM Corporation, Seagate Technology, Cisco Systems, Inc., and Huawei Technologies Co., Ltd. Leading players in this market are focusing on advanced technologies such as all-flash and hybrid storage systems to address the growing demands for high-performance and scalable data management. Competition is fueled by ongoing technological advancements and strategic partnerships aimed at enhancing storage capabilities and efficiency. Key players differentiate themselves through their ability to provide comprehensive solutions that meet diverse needs across various industries, including IT, telecommunications, and healthcare. The competitive landscape is characterized by a strong emphasis on research and development, aimed at driving innovation and maintaining a technological edge in the market.

Recent Developments

In May 2024, Dell Technologies expanded its Dell AI Factory with NVIDIA to include new server, edge, workstation, solutions, and services advancements that speed AI adoption and innovation.
In March 2024, HPE debuted an end-to-end AI-native portfolio for Generative AI, including two solutions that encompass all the compute, storage, software, networking, and consulting services needed to accelerate AI projects.
In May 2024, NetApp unveiled new AFF A-Series systems that can power the most demanding IT workloads, including GenAI, VMware, and enterprise databases.
In May 2024, IBM announced several new updates to its watsonx platform during its annual THINK conference, focusing on making AI more open, cost-effective, and flexible for businesses.
In June 2024, Cisco announced new AI-powered innovations and investments at Cisco Live 2024, including a $1 billion global AI investment fund.

Market Concentration & Characteristics

The Europe Data Center Storage Market exhibits moderate to high concentration, with a few dominant players capturing a significant share of the market. This concentration is characterized by the presence of major multinational corporations that leverage their extensive resources and technological expertise to drive market trends. These leading companies offer a wide range of advanced storage solutions, including all-flash, hybrid, and traditional storage systems, catering to various industry needs. The market is marked by rapid technological advancements, with a focus on enhancing performance, scalability, and efficiency. Additionally, there is a strong emphasis on innovation, driven by competitive pressures and the demand for cutting-edge solutions. Market dynamics are influenced by continuous research and development efforts, strategic partnerships, and acquisitions, contributing to a rapidly evolving landscape that addresses the increasing data storage demands of enterprises across Europe.

Report Coverage

The research report offers an in-depth analysis based on Storage Type, Application, Deployment and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The Europe Data Center Storage Market is expected to see continued growth driven by increasing data volumes and the proliferation of IoT devices.
Adoption of all-flash storage solutions will rise due to their superior performance and low latency compared to traditional storage systems.
Hybrid storage solutions will remain popular as businesses seek a balance between cost and performance.
Cloud storage will see increased adoption, with businesses migrating more data to cloud environments for scalability and flexibility.
Advancements in edge computing will drive demand for local storage solutions to support real-time data processing at the network’s edge.
Artificial intelligence and machine learning applications will necessitate high-performance storage systems capable of handling large datasets.
Sustainability initiatives will gain momentum, with a focus on reducing the environmental impact of data centers through energy-efficient technologies and renewable energy integration.
Data privacy and compliance regulations will continue to shape storage strategies, with businesses investing in secure and compliant storage solutions.
The market will experience increased consolidation, with major players acquiring smaller firms to enhance their technology portfolios and market reach.
Innovation in storage technologies, including developments in non-volatile memory and optical storage, will drive future market growth and offer new opportunities for data management.

CHAPTER NO. 1 : INTRODUCTION 14

1.1. Report Description 14

Purpose of the Report 14

USP & Key Offerings 14

1.2. Key Benefits for Stakeholders 14

1.3. Target Audience 15

1.4. Report Scope 15

CHAPTER NO. 2 : EXECUTIVE SUMMARY 16

2.1. Europe Data Center Storage Market Snapshot 16

2.2. Europe Data Center Storage Market, 2018 – 2032 (USD Million) 17

CHAPTER NO. 3 : EUROPE DATA CENTER STORAGE MARKET – INDUSTRY ANALYSIS 18

3.1. Introduction 18

3.2. Market Drivers 19

3.3. Driving Factor 1 Analysis 19

3.4. Driving Factor 2 Analysis 20

3.5. Market Restraints 21

3.6. Restraining Factor Analysis 21

3.7. Market Opportunities 22

3.8. Market Opportunity Analysis 22

3.9. Porter’s Five Forces Analysis 23

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 24

4.1. Company Market Share Analysis – 2023 24

4.1.1. Europe Data Center Storage Market: Company Market Share, by Volume, 2023 24

4.1.2. Europe Data Center Storage Market: Company Market Share, by Revenue, 2023 25

4.1.3. Europe Data Center Storage Market: Top 6 Company Market Share, by Revenue, 2023 25

4.1.4. Europe Data Center Storage Market: Top 3 Company Market Share, by Revenue, 2023 26

4.2. Europe Data Center Storage Market Company Revenue Market Share, 2023 27

4.3. Company Assessment Metrics, 2023 28

4.3.1. Pervasive Players 28

4.3.2. Stars 28

4.3.3. Emerging Leaders 28

4.3.4. Participants 28

4.4. Start-ups /SMEs Assessment Metrics, 2023 28

4.4.1. Progressive Companies 28

4.4.2. Responsive Companies 28

4.4.3. Dynamic Companies 28

4.4.4. Starting Blocks 28

4.5. Strategic Developments 29

4.5.1. Acquisitions & Mergers 29

New Product Launch 29

Europe Expansion 29

4.6. Key Players Product Matrix 30

CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 31

5.1. PESTEL 31

5.1.1. Political Factors 31

5.1.2. Economic Factors 31

5.1.3. Social Factors 31

5.1.4. Technological Factors 31

5.1.5. Environmental Factors 31

5.1.6. Legal Factors 31

5.2. Adjacent Market Analysis 31

CHAPTER NO. 6 : EUROPE DATA CENTER STORAGE MARKET – BY STORAGE TYPE SEGMENT ANALYSIS 32

6.1. Europe Data Center Storage Market Overview, by Storage Type Segment 32

6.1.1. Europe Data Center Storage Market Revenue Share, By Storage Type, 2023 & 2032 33

6.1.2. Europe Data Center Storage Market Attractiveness Analysis, By Storage Type 34

6.1.3. Incremental Revenue Growth Opportunity, by Storage Type, 2024 – 2032 34

6.1.4. Europe Data Center Storage Market Revenue, By Storage Type, 2018, 2023, 2027 & 2032 35

6.2. Traditional Storage 36

6.3. All-Flash Storage 37

6.4. Hybrid Storage 38

CHAPTER NO. 7 : EUROPE DATA CENTER STORAGE MARKET – BY APPLICATION SEGMENT ANALYSIS 39

7.1. Europe Data Center Storage Market Overview, by Application Segment 39

7.1.1. Europe Data Center Storage Market Revenue Share, By Application, 2023 & 2032 40

7.1.2. Europe Data Center Storage Market Attractiveness Analysis, By Application 41

7.1.3. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 41

7.1.4. Europe Data Center Storage Market Revenue, By Application, 2018, 2023, 2027 & 2032 42

7.2. IT and Telecommunications 43

7.3. BFSI 44

7.4. Government 45

7.5. Healthcare 46

7.6. Others 47

CHAPTER NO. 8 : EUROPE DATA CENTER STORAGE MARKET – BY DEPLOYMENT SEGMENT ANALYSIS 48

8.1. Europe Data Center Storage Market Overview, by Deployment Segment 48

8.1.1. Europe Data Center Storage Market Revenue Share, By Deployment, 2023 & 2032 49

8.1.2. Europe Data Center Storage Market Attractiveness Analysis, By Deployment 50

8.1.3. Incremental Revenue Growth Opportunity, by Deployment, 2024 – 2032 50

8.1.4. Europe Data Center Storage Market Revenue, By Deployment, 2018, 2023, 2027 & 2032 51

8.2. Storage Area Network (SAN) System 52

8.3. Network-attached storage (NAS) System 53

8.4. Direct-Attached Storage (DAS) System 54

8.5. Others 55

CHAPTER NO. 9 : DATA CENTER STORAGE MARKET – EUROPE 56

9.1. Europe 56

9.1.1. Key Highlights 56

9.1.2. Europe Data Center Storage Market Revenue, By Country, 2018 – 2023 (USD Million) 57

9.1.3. Europe Data Center Storage Market Revenue, By Storage Type, 2018 – 2023 (USD Million) 58

9.1.4. Europe Data Center Storage Market Revenue, By Application, 2018 – 2023 (USD Million) 59

9.1.5. Europe Data Center Storage Market Revenue, By Deployment, 2018 – 2023 (USD Million) 60

9.2. UK 61

9.3. France 61

9.4. Germany 61

9.5. Italy 61

9.6. Spain 61

9.7. Russia 61

9.8. Belgium 61

9.9. Netherland 61

9.10. Austria 61

9.11. Sweden 61

9.12. Poland 61

9.13. Denmark 61

9.14. Switzerland 61

9.15. Rest of Europe 61

CHAPTER NO. 10 : COMPANY PROFILES 62

10.1. Hewlett Packard Enterprise Development LP 62

10.1.1. Company Overview 62

10.1.2. Product Portfolio 62

10.1.3. Swot Analysis 62

10.1.4. Business Strategy 63

10.1.5. Financial Overview 63

10.2. NetApp 64

10.3. IBM Corporation 64

10.4. Seagate Technology 64

10.5. Cisco Systems, Inc. 64

10.6. Nutanix, Inc. 64

10.7. Micron Technology, Inc. 64

10.8. Quantum Corporation 64

10.9. Cohesity, Inc. 64

10.10. Super Micro Computer, Inc. 64

10.11. Snowflake Inc. 64

10.12. DataDirect Networks 64

10.13. Lenovo Group 64

10.14. Huawei Technologies Co., Ltd. 64

10.15. Hitachi Vantara 64

10.16. Fujitsu Limited 64

10.17. NEC Corporation 64

10.18. Toshiba Corporation 64

10.19. Kioxia Holdings Corporation 64

10.20. Infinidat 64

10.21. Veeam Software 64

CHAPTER NO. 11 : RESEARCH METHODOLOGY 65

11.1. Research Methodology 65

11.2. Phase I – Secondary Research 66

11.3. Phase II – Data Modeling 66

Company Share Analysis Model 67

Revenue Based Modeling 67

11.4. Phase III – Primary Research 68

11.5. Research Limitations 69

Assumptions 69

List of Figures

FIG NO. 1. Europe Data Center Storage Market Revenue, 2018 – 2032 (USD Million) 16

FIG NO. 2. Porter’s Five Forces Analysis for Europe Data Center Storage Market 22

FIG NO. 3. Company Share Analysis, 2023 23

FIG NO. 4. Company Share Analysis, 2023 24

FIG NO. 5. Company Share Analysis, 2023 24

FIG NO. 6. Company Share Analysis, 2023 25

FIG NO. 7. Europe Data Center Storage Market – Company Revenue Market Share, 2023 26

FIG NO. 8. Europe Data Center Storage Market Revenue Share, By Storage Type, 2023 & 2032 32

FIG NO. 9. Market Attractiveness Analysis, By Storage Type 33

FIG NO. 10. Incremental Revenue Growth Opportunity by Storage Type, 2024 – 2032 33

FIG NO. 11. Europe Data Center Storage Market Revenue, By Storage Type, 2018, 2023, 2027 & 2032 34

FIG NO. 12. Europe Data Center Storage Market for Traditional Storage, Revenue (USD Million) 2018 – 2032 35

FIG NO. 13. Europe Data Center Storage Market for All-Flash Storage, Revenue (USD Million) 2018 – 2032 36

FIG NO. 14. Europe Data Center Storage Market for Hybrid Storage, Revenue (USD Million) 2018 – 2032 37

FIG NO. 15. Europe Data Center Storage Market Revenue Share, By Application, 2023 & 2032 39

FIG NO. 16. Market Attractiveness Analysis, By Application 40

FIG NO. 17. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 40

FIG NO. 18. Europe Data Center Storage Market Revenue, By Application, 2018, 2023, 2027 & 2032 41

FIG NO. 19. Europe Data Center Storage Market for IT and Telecommunications, Revenue (USD Million) 2018 – 2032 42

FIG NO. 20. Europe Data Center Storage Market for BFSI, Revenue (USD Million) 2018 – 2032 43

FIG NO. 21. Europe Data Center Storage Market for Government, Revenue (USD Million) 2018 – 2032 44

FIG NO. 22. Europe Data Center Storage Market for Healthcare, Revenue (USD Million) 2018 – 2032 45

FIG NO. 23. Europe Data Center Storage Market for Others, Revenue (USD Million) 2018 – 2032 46

FIG NO. 24. Europe Data Center Storage Market Revenue Share, By Deployment, 2023 & 2032 48

FIG NO. 25. Market Attractiveness Analysis, By Deployment 49

FIG NO. 26. Incremental Revenue Growth Opportunity by Deployment, 2024 – 2032 49

FIG NO. 27. Europe Data Center Storage Market Revenue, By Deployment, 2018, 2023, 2027 & 2032 50

FIG NO. 28. Europe Data Center Storage Market for Storage Area Network (SAN) System, Revenue (USD Million) 2018 – 2032 51

FIG NO. 29. Europe Data Center Storage Market for Network-attached storage (NAS) System, Revenue (USD Million) 2018 – 2032 52

FIG NO. 30. Europe Data Center Storage Market for Direct-Attached Storage (DAS) System, Revenue (USD Million) 2018 – 2032 53

FIG NO. 31. Europe Data Center Storage Market for Others, Revenue (USD Million) 2018 – 2032 54

FIG NO. 32. Europe Data Center Storage Market Revenue, 2018 – 2032 (USD Million) 55

FIG NO. 33. Research Methodology – Detailed View 64

FIG NO. 34. Research Methodology 65

List of Tables

TABLE NO. 1. : Europe Data Center Storage Market: Snapshot 16

TABLE NO. 2. : Drivers for the Europe Data Center Storage Market: Impact Analysis 19

TABLE NO. 3. : Restraints for the Europe Data Center Storage Market: Impact Analysis 21

TABLE NO. 4. : Europe Data Center Storage Market Revenue, By Country, 2018 – 2023 (USD Million) 57

TABLE NO. 5. : Europe Data Center Storage Market Revenue, By Country, 2024 – 2032 (USD Million) 57

TABLE NO. 6. : Europe Data Center Storage Market Revenue, By Storage Type, 2018 – 2023 (USD Million) 58

TABLE NO. 7. : Europe Data Center Storage Market Revenue, By Storage Type, 2024 – 2032 (USD Million) 58

TABLE NO. 8. : Europe Data Center Storage Market Revenue, By Application, 2018 – 2023 (USD Million) 59

TABLE NO. 9. : Europe Data Center Storage Market Revenue, By Application, 2024 – 2032 (USD Million) 59

TABLE NO. 10. : Europe Data Center Storage Market Revenue, By Deployment, 2018 – 2023 (USD Million) 60

TABLE NO. 11. : Europe Data Center Storage Market Revenue, By Deployment, 2024 – 2032 (USD Million) 60

Frequently Asked Questions:

What is the current size of the Europe Data Center Storage Market?

The Europe Data Center Storage Market was valued at USD 23,523.45 million in 2023. It is projected to grow significantly to USD 47,898.90 million by 2032, reflecting a compound annual growth rate (CAGR) of 8.26%.

What are the key segments within the Europe Data Center Storage Market?

Key segments within the Europe Data Center Storage Market include storage types (Traditional Storage, All-Flash Storage, Hybrid Storage) and applications (IT and Telecommunications, BFSI, Government, Healthcare, and Others). Deployment methods also play a role, including Storage Area Network (SAN) Systems, Network-Attached Storage (NAS) Systems, and Direct-Attached Storage (DAS) Systems.

What are some challenges faced by the Europe Data Center Storage Market?

Challenges in the Europe Data Center Storage Market include managing the exponential growth and complexity of data, adhering to stringent regulatory compliance and data sovereignty requirements, and balancing cost management with the need for advanced storage solutions.

Who are the major players in the Europe Data Center Storage Market?

Major players in the Europe Data Center Storage Market include Hewlett Packard Enterprise, NetApp, IBM Corporation, Seagate Technology, Cisco Systems, Inc., and Huawei Technologies Co., Ltd. These companies are prominent for their advanced storage solutions and significant contributions to market development.

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