Middle East & Africa Next Generation Data Storage Market Forecast to 2030 - Regional Analysis - Storage System [Direct Attached Storage (DAS), Network Attached Storage (NAS), and Storage Area Network (SAN)], End user (BFSI, Retail, IT and Telecom, Healthcare, Media and Entertainment, and Others), Storage Medium (Hard Disk Drive, Solid-State Drive, and Tape), Storage Architecture (File-Object based Storage, and Block Storage), and Deployment (On-premise, Cloud-based, and Hybrid)
The Middle East & Africa next generation data storage market was valued at US$ 3,535.58 million in 2022 and is expected to reach US$ 6,017.67 million by 2030; it is estimated to register a CAGR of 6.9% from 2022 to 2030.
DAS to Witness Significant Growth Bolsters Middle East & Africa Next Generation Data Storage Market
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.
Middle East & Africa Next Generation Data Storage Market Overview
The next-generation data storage market in the Middle East & Africa is experiencing substantial growth. Countries in this region are undergoing rapid digital transformation, with businesses shifting to online, e-commerce, and digital services. This generates vast amounts of data that require storage and management in secure and accessible cloud environments. The increasing volume of data produced by various industries, coupled with the need for secure and accessible storage solutions, is driving the demand for next-gen data storage technologies. Key industries such as BSFI, IT & telecom, healthcare, media & entertainment, and manufacturing are leading the adoption of these solutions. The growing digital transformation is expected to positively influence the demand for advanced data storage solutions.
Middle East & Africa Next Generation Data Storage Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Next Generation Data Storage Market Segmentation
The Middle East & Africa next generation data storage market is categorized into storage system, end user, storage medium, storage architecture, deployment, and country.
Based on storage system, the Middle East & Africa 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 the largest Middle East & Africa next generation data storage market share in 2022.
In terms of end user, the Middle East & Africa next generation data storage market is segmented into BFSI, retail, IT and telecom, healthcare, media and entertainment, and others. The BFSI segment held the largest Middle East & Africa next generation data storage market share in 2022.
By storage medium, the Middle East & Africa next generation data storage market is divided into hard disk drive, solid-state drive, and tape. The solid-state drive segment held the largest Middle East & Africa next generation data storage market share in 2022.
Based on storage architecture, the Middle East & Africa next generation data storage market is bifurcated into file-object based storage and block storage. The file-object based storage segment held a larger Middle East & Africa next generation data storage market share in 2022.
By deployment, the Middle East & Africa next generation data storage market is categorized into on-premise, cloud-based, and hybrid. The on-premise segment held the largest Middle East & Africa next generation data storage market share in 2022.
By country, the Middle East & Africa next generation data storage market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa next generation data storage market share in 2022.
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 are some of the leading companies operating in the Middle East & Africa next generation data storage market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners 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. Middle East & Africa Next-Generation Data Storage Market - Key Market Dynamics
5.1 Middle East & Africa 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 - Middle East & Africa Market Analysis
6.1 Middle East & Africa Next-Generation Data Storage Market Revenue (US$ Million), 2020-2030
6.2 Middle East & Africa Next-Generation Data Storage Market Forecast Analysis
7. Middle East & Africa 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): Middle East & Africa 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): Middle East & Africa 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): Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Next-Generation Data Storage Market Analysis - by End user
8.1 BFSI
8.1.1 Overview
8.1.2 BFSI: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Retail
8.2.1 Overview
8.2.2 Retail: Middle East & Africa 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: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Healthcare
8.4.1 Overview
8.4.2 Healthcare: Middle East & Africa 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: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Next-Generation Data Storage Market Analysis - by Storage Medium
9.1 Hard Disk Drive
9.1.1 Overview
9.1.2 Hard Disk Drive: Middle East & Africa 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: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Tape
9.3.1 Overview
9.3.2 Tape: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa 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: Middle East & Africa 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: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
11. Middle East & Africa Next-Generation Data Storage Market Analysis - by Deployment
11.1 On-premise
11.1.1 Overview
11.1.2 On-premise: Middle East & Africa 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: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
11.3 Hybrid
11.3.1 Overview
11.3.2 Hybrid: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
12. Middle East & Africa Next-Generation Data Storage Market - Country Analysis
12.1 Market Overview
12.1.1 Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast Analysis - by Country
12.1.1.1 Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast Analysis - by Country
12.1.1.2 South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
12.1.1.2.1 South Africa: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.2.2 South Africa: Next-Generation Data Storage Market Breakdown, by End user
12.1.1.2.3 South Africa: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.2.4 South Africa: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.2.5 South Africa: Next-Generation Data Storage Market Breakdown, by Deployment
12.1.1.3 Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
12.1.1.3.1 Saudi Arabia: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.3.2 Saudi Arabia: Next-Generation Data Storage Market Breakdown, by End user
12.1.1.3.3 Saudi Arabia: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.3.4 Saudi Arabia: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.3.5 Saudi Arabia: Next-Generation Data Storage Market Breakdown, by Deployment
12.1.1.4 United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
12.1.1.4.1 United Arab Emirates: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.4.2 United Arab Emirates: Next-Generation Data Storage Market Breakdown, by End user
12.1.1.4.3 United Arab Emirates: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.4.4 United Arab Emirates: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.4.5 United Arab Emirates: Next-Generation Data Storage Market Breakdown, by Deployment
12.1.1.5 Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
12.1.1.5.1 Rest of Middle East & Africa: Next-Generation Data Storage Market Breakdown, by Storage System
12.1.1.5.2 Rest of Middle East & Africa: Next-Generation Data Storage Market Breakdown, by End user
12.1.1.5.3 Rest of Middle East & Africa: Next-Generation Data Storage Market Breakdown, by Storage Medium
12.1.1.5.4 Rest of Middle East & Africa: Next-Generation Data Storage Market Breakdown, by Storage Architecture
12.1.1.5.5 Rest of Middle East & Africa: 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 Insight Partners
List of Tables
Table 1. Middle East & Africa Next-Generation Data Storage Market segmentation
Table 2. List of Vendors
Table 3. Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Table 4. Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Storage System
Table 5. Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by End user
Table 6. Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Storage Medium
Table 7. Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Storage Architecture
Table 8. Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million) - by Deployment
Table 9. Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Country
Table 10. South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
Table 11. South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
Table 12. South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
Table 13. South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
Table 14. South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
Table 15. Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
Table 16. Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
Table 17. Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
Table 18. Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
Table 19. Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
Table 20. United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
Table 21. United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
Table 22. United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
Table 23. United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
Table 24. United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
Table 25. Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage System
Table 26. Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by End user
Table 27. Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Medium
Table 28. Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Storage Architecture
Table 29. Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
Table 30. Heat Map Analysis By Key Players
List of Figures
Figure 1. Middle East & Africa Next-Generation Data Storage Market segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Next-Generation Data Storage Market Revenue (US$ Million), 2020-2030
Figure 5. Middle East & Africa Next-Generation Data Storage Market Share (%) - by Storage System (2022 and 2030)
Figure 6. Direct Attached Storage (DAS): Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Network Attached Storage (NAS): Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Storage Area Network (SAN): Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Middle East & Africa Next-Generation Data Storage Market Share (%) - by End user (2022 and 2030)
Figure 10. BFSI: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Retail: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. IT and telecom: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Healthcare: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Media and Entertainment: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Others: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Middle East & Africa Next-Generation Data Storage Market Share (%) - by Storage Medium (2022 and 2030)
Figure 17. Hard Disk Drive: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Solid-State Drive: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Tape: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Middle East & Africa Next-Generation Data Storage Market Share (%) - by Storage Architecture (2022 and 2030)
Figure 21. File-Object based Storage: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Block Storage: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Middle East & Africa Next-Generation Data Storage Market Share (%) - by Deployment (2022 and 2030)
Figure 24. On-premise: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. Cloud-based: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. Hybrid: Middle East & Africa Next-Generation Data Storage Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. Middle East & Africa: Next-Generation Data Storage Market Revenue, by Key Countries, (2022)(US$ Mn)
Figure 28. Middle East & Africa: Next-Generation Data Storage Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 29. South Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
Figure 30. Saudi Arabia: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
Figure 31. United Arab Emirates: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
Figure 32. Rest of Middle East & Africa: Next-Generation Data Storage Market - Revenue and Forecast to 2030(US$ Million)
Figure 33. Company Positioning & Concentration
1. Dell Technologies Inc
2. Hewlett Packard Enterprise Co
3. NetApp Inc
4. Hitachi Ltd
5. International Business Machines Corp
6. DataDirect Networks Inc
7. Fujitsu Ltd
8. NETGEAR
9. Huawei Technologies Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa next generation data storage market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa next generation data storage market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa next generation data storage market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.