General-Purpose Disk Arrays Market Overview
General-purpose disk arrays refer to disk storage systems that work together with specialized array controller to achieve high data transfer. They are designed to fulfill the requirement of a diverse set of workloads such as database, virtual desktop infrastructure, and virtual network. The market size in the study represents the revenue generated through various deployment modes such as NAS, SAN, and DAS. Some of the technologies used in general-purpose disk arrays market include PATA, SATA, and SCSI. The application areas of general-purpose disk arrays include BFSI, IT, government, education & research, healthcare, and manufacturing.
General-Purpose Disk Arrays market in BFSI accounts for the largest revenue. IT industry and governments are investing heavily in the general-purpose disk arrays, as huge amount of voluminous data is getting generated which requires high storage capacity to store the classified data for analytics purpose and consumer insights. General-Purpose Disk Arrays market in healthcare is expected to show a robust growth during the forecast period, as hospitals are adopting latest technology with huge storage spaces in an attempt to track the patient history for providing better healthcare facilities.
General-Purpose Disk Arrays Market Dynamics
Increasing investment in general purpose disk arrays by BFSI and IT is one of the prime growth factors of this market. It also makes a major impact in healthcare as it enhances the working process of professionals and healthcare staffs, by providing the patient details, thereby enabling them to offer better treatment in a timely manner.
Increase in voluminous data reaching zettabytes in enterprises and at individual level is one of the major factors driving the demand for general-purpose disk arrays market. Large, medium and small enterprises are generating huge amount of data which requires efficient storage space and is anticipated to fuel the growth of general purpose disk arrays market. The growing need to keep a back-up of the existing data is another major factor driving the demand for general-purpose disk arrays market. BFSI, IT, and healthcare industry are spending heavily to back-up data of customers and patients to remain competitive in the industry.
Adoption of All-Flash Arrays (AFAs) is gaining significance across major industries as they offer faster speed than traditional disks and use less energy and physical space. AFAs provide high performance with low latency rate over an extended period of time, making it highly preferable for the large, medium and small enterprises. It also offers data compressions and duplication techniques for optimizing space and creating back-up in an efficient manner.
General-Purpose Disk Arrays Market Competitive Landscape
The global general-purpose disk arrays market is fragmented owing to the presence of a large number of local and regional players, which intensifies the degree of rivalry. The market is growing at a notable pace, which leads to high intensity of rivalry. Key market players such as Dell EMC, HPE, and IBM Corporation seek to gain market share through continuous innovations in storage technology. Some of the other key players operating in market are Hitachi, Seagate Technologies, NetApp, Promise Technologies, Quantum Corporation, Oracle Corporation, Fujitsu, DataDirect Networks, and Infortrend Technology Inc. Key competitors are specifically focusing on Asia-Pacific and Middle-East & Africa regions, as they show strong tendency to adopt the general-purpose disk arrays in coming years.