All-Flash Arrays Market A Force To Be Reckoned With

Researchers at MarketsandMarkets find great hope for the all-flash memory array market. According to the company’s report, "All-Flash Array Market by Flash Media (Custom Flash Module (CFM) and Solid-State Drive (SSD)), Storage Architecture/Access Pattern (File, Object, and Block), Industry (Enterprise, Government, cloud, and Telecomm), and Geography - Global Forecast to 2023", the market was valued at $5.9 billion in 2018 and is expected to reach $17.8 billion by 2023, at a CAGR of 24.53% from 2018 to 2023. Major growth drivers are increased use in data centers. Other factors such as flexibility, installation, maintenance, and size are also driving the market.

 

Report Findings

Free Monthly Newsletter

Compelling read? Subscribe to FierceEmbeddedTech!

The embedded tech sector runs the market’s trends. FierceEmbeddedTech subscribers rely on our suite of newsletters as their must-read source for the latest news, developments and analysis impacting their world. Sign up today to get news and updates delivered to your inbox and read on the go.
  • CFM based AFA market to grow at highest CAGR during forecast period
  • AFA component market for block storage to be dominant during forecast period
  • RoW is expected to grow at highest CAGR during forecast period
  • Key players in the AFA market include Dell (US), Hewlett Packard Enterprise (HPE) (US), NetApp (US), Pure Storage (US), IBM (US), Huawei (China), Western Digital (US), Hitachi (Japan), Kaminario (US), and Micron (US). 

For more details, request a brochure for the "All-Flash Array Market" report and checkout some research insights.

 

MarketsandMarkets

Northbrook, IL

888-600-6441

[email protected]

https://www.marketsandmarkets.com

Suggested Articles

According to market research firm ABI Research, global shipments of secure embedded hardware will double until 2023, surpassing 4 billion units.

Free Topology 6050 SoC allows two popular industrial protocols to communicate simultaneously

New 64-pin microcontrollers are half the size of the 100-pin models and include dual bank flash memory for easy firmware updates.