All-Flash Array Market worth $17.8 billion by 2023 - PowerPoint PPT Presentation

View by Category
About This Presentation

All-Flash Array Market worth $17.8 billion by 2023


The all-flash array market was valued at USD 5.9 billion in 2018 and is expected to reach USD 17.8 billion by 2023, at a CAGR of 24.53% from 2018 to 2023. – PowerPoint PPT presentation

Number of Views:6
Slides: 7
Provided by: prashantv


Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: All-Flash Array Market worth $17.8 billion by 2023

MarketsandMarkets Presents
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 all-flash array
market was valued at USD 5.9 billion in 2018 and
is expected to reach USD 17.8 billion by 2023, at
a CAGR of 24.53 from 2018 to 2023.
MarketsandMarkets Presents
The all-flash array market was valued at USD 5.9
billion in 2018 and is expected to reach USD 17.8
billion by 2023, at a CAGR of 24.53 from 2018 to
2023. Major growth drivers are increasingly
being used in data centers. Further, factors such
as flexibility, installation, maintenance, and
size are also driving the AFA market Download
PDF Brochure _at_ https//
dfdownloadNew.asp?id41080938 Moreover,
increasing need for real-time data processing and
increasing deployment of AFA storage in
artificial intelligence (AI) and machine learning
(ML) applications are expected to fuel the growth
of the market in the coming years. Issues related
to performance and drive failure are acting as a
major challenge for the growth of the all-flash
array market
MarketsandMarkets Presents
CFM based AFA market to grow at highest
CAGR during forecast period CFM currently hold
less share in the AFA market however, it is
expected to grow at a faster rate. The high
growth of CFM can be attributed to improved space
efficiency, power, performance, price, capacity
density, and flexibility. Currently, a small
number of AFA vendors (such as Violin Memory and
IBM) use CFMs however, demand for CFMs is
expected to increase in future because of their
advantages such as less physical space, less
power, and less cooling. Request For Sample
Pages _at_ https//
ampleNew.asp?id41080938 AFA component market
for block storage to be dominant during forecast
period Block storage is often used in
high-performance applications, such as databases,
or for transactions because the data can be
accessed, modified, and saved in real time.
Further, block flash storage is used within the
Cladistics platform that uses RAID technology for
data protection, creation of extra physical
copies, while managing the big data
implementations more efficiently. With advantages
such as better scalability, management
simplicity, built-in data protection, efficiency,
and performance compared to other storage
technologies, block storage is currently the
preferred storage solution in the AFA market.
MarketsandMarkets Presents
RoW is expected to grow at highest CAGR during
forecast period The AFA market in RoW is expected
to grow at a faster rate during the forecast
period. The Middle East has high opportunities in
the energy industry. The oil and gas industry
requires advanced data computing, processing, and
storage solutions to analyze seismic data. Africa
is expected to quickly adopt the cloud storage
market. Brazil and other Middle Eastern countries
are expected to grow considerably in aerospace
defense, energy, education research, and media
entertainment, generating demand for data
storage to adopt the advanced operations through
data analytics. 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). Read More _at_ https//www.marketsandmarkets.c
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarkets now
coming up with 1,500 MicroQuadrants (Positioning
top players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve.
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Shelly SinghMarketsandMarkets INC. 630 Dundee
Road Suite 430 Northbrook, IL 60062 USA