The global multiprotocol storage market holds a forecasted share of US$ 35677.2 million in 2022 and is likely to surpass US$ 56782.3 million by 2032, moving ahead with a CAGR of 4.8% during the forecast period (2022 to 2032).
The global multiprotocol storage market is expected to witness significant growth over the forecast period, owing to the digital transformation across several services such as Research and Development & Testing, Information Technology (IT), Telecom, and the Internet.
| Report Attribute | Details |
|---|---|
| Multiprotocol Storage Market Value (2022) | US$ 35677.2 million |
| Multiprotocol Storage Market Anticipated Forecast Value (2032) | US$ 56782.3 million |
| Multiprotocol Storage Market Projected Growth Rate (2022 to 2032) | 4.8% |
In multiprotocol storage, block-based access is integrated using serial-attached SCSI (SAS), Fibre Channel, and iSCSI, along with network-attached storage (NAS) or file-based access via NFS and CIFS.
In addition to assisting in planning overall storage capacity consumption, multiprotocol storage supports server virtualization. A gateway approach allows enterprises to add a specialty file server to an existing storage system. As a result, the service life of the system is extended, and assets are used more efficiently.
Gradually reducing the package size in the microelectronics industry has impacted the microcontroller socket market growth positively. Industry requirements, such as higher density, increased operating speed, and lower power, have driven packaging in the industry. This further led to an enhanced demand within the microcontroller socket market.
The analysis highlights the advancements in the multiprotocol storage market and the development rate. It also reveals the cohesive efforts, associations, joint endeavors, and regional development of the principal competitors on a global and commonplace scale.
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The upsurge in the consumption of goods over the past decade and the consumption trends are expected to be the important factors positively impacting the growth of the global multiprotocol storage market from 2022 to 2032.
Multiprotocol storage market growth is being driven by factors such as reduced hardware requirements, lower capital expenditures for the enterprise, easier and more centralized management of storage administration tasks, and more stable operational processes.
Several factors are hindering the growth of the multiprotocol storage market. These include operational control limitations, which cause reduced or variable storage performance, and backup strategies that are required to avoid performance issues.
North America region is the largest market for multiprotocol storage due to the presence of a wide variety of end-user enterprises and the competitive environment between them.
Due to rapid advancements in multiprotocol storage, North America is expected to capture the largest market share based on the current market scenario. It is likely to hold 37.8% of the total market share during the forecast period.
The multiprotocol storage business is growing at a significant pace due to changing technology and industry landscape.
The European regions are expected to have favorable growth, accounting for 24.1% of the global market share for the multipurpose storage market.
Multiprotocol storage market growth in the Asia-Pacific region is at a considerable pace due to the large-scale outsourcing of data storage services in this region. Latin America and the Middle East's multiprotocol storage market is at an emerging stage due to a rise in business demands and IT needs.
Principal Consultant
In 2020, Fungible acquired the assets of Cloudistics, a cloud-software platform startup. In the long run, Fungible has overcome two major obstacles that are inefficient execution of data-centric computations within server nodes and the inefficient interchange of data among nodes.
NetApp pioneered multiprotocol systems with all its arrays adding Fibre Channel and then iSCSI connectivity options.
Pillar Data Systems, newcomer Pranah Storage Technologies and Reldata also offer NAS, Fibre Channel, and iSCSI in the same box.
Some of the key players in the multipurpose storage market are IBM Corporation, Cisco, NetApp, NTT Communications Corporation, EMC Corporation, Avere, Hewlett-Packard, and Zadara Storage.
The key companies are channelizing their capital towards the development of new products through intrinsic research and development activities. In addition to this, established players are promoting the use of multiprotocol storage by providing platforms for the development of IP SANs and NAS Systems.
IBM Storage Networking has designed a solution to scale to large enterprise deployments through scale-out server architecture with automated failover capability. These capabilities provide a resilient management system that centralizes infrastructure and path monitoring across geographically dispersed data centers.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.8 % from 2022 to 2032 |
| Base Year for Estimation | 2022 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | By Type; By Segment; By Application; Region Forecast till 2032 |
| Countries Covered | North America; Europe; Asia Pacific Excluding Japan; Latin America; Middle East and Africa |
| Key Companies Profiled | IBM Corporation; Cisco; NetApp; NTT Communications Corporation; EMC Corporation; Avere; Hewlett-Packard; Zadara Storage |
| Customization | Available Upon Request |
The multipurpose storage market is projected to grow by US$ 35677.2 million in 2022.
Some of the key players in the multiprotocol storage market are IBM Corporation, Cisco, NetApp, NTT Communications Corporation, and EMC Corporation.
The North American region dominates the multiprotocol storage market.
The multiprotocol storage market is expected to grow at a CAGR of 4.8% from 2022 to 2032.
1. Executive Summary | Multiprotocol Storage Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Deployment
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Deployment, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment, 2022 to 2032
5.3.1. Public Cloud
5.3.2. Private Cloud
5.3.3. Hybrid Cloud
5.4. Y-o-Y Growth Trend Analysis By Deployment, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Deployment, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Type, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2022 to 2032
6.3.1. Network Attached Storage
6.3.2. Storage Area Network
6.3.3. Computed Storage
6.4. Y-o-Y Growth Trend Analysis By Type, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Type, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-user Size
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By End-user Size, 2017 to 2021
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-user Size, 2022 to 2032
7.3.1. Small Enterprises
7.3.2. Medium Enterprises
7.3.3. Large Enterprises
7.4. Y-o-Y Growth Trend Analysis By End-user Size, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By End-user Size, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Vertical
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) Analysis By Vertical, 2017 to 2021
8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vertical, 2022 to 2032
8.3.1. BSFI
8.3.2. IT and Telecommunications
8.3.3. Transportation and Logistics
8.3.4. Manufacturing
8.3.5. Government and Defence
8.3.6. E-commerce
8.3.7. Healthcare
8.3.8. Energy and Utilities
8.3.9. Retail
8.3.10. Media and Entertainment
8.3.11. Others
8.4. Y-o-Y Growth Trend Analysis By Vertical, 2017 to 2021
8.5. Absolute $ Opportunity Analysis By Vertical, 2022 to 2032
9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2017 to 2021
9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2022 to 2032
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. USA
10.2.1.2. Canada
10.2.2. By Deployment
10.2.3. By Type
10.2.4. By End-user Size
10.2.5. By Vertical
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Deployment
10.3.3. By Type
10.3.4. By End-user Size
10.3.5. By Vertical
10.4. Key Takeaways
11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Deployment
11.2.3. By Type
11.2.4. By End-user Size
11.2.5. By Vertical
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Deployment
11.3.3. By Type
11.3.4. By End-user Size
11.3.5. By Vertical
11.4. Key Takeaways
12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Deployment
12.2.3. By Type
12.2.4. By End-user Size
12.2.5. By Vertical
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Deployment
12.3.3. By Type
12.3.4. By End-user Size
12.3.5. By Vertical
12.4. Key Takeaways
13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.1.4. Malaysia
13.2.1.5. Singapore
13.2.1.6. Australia
13.2.1.7. Rest of Asia Pacific
13.2.2. By Deployment
13.2.3. By Type
13.2.4. By End-user Size
13.2.5. By Vertical
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Deployment
13.3.3. By Type
13.3.4. By End-user Size
13.3.5. By Vertical
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of Middle East and Africa
14.2.2. By Deployment
14.2.3. By Type
14.2.4. By End-user Size
14.2.5. By Vertical
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Deployment
14.3.3. By Type
14.3.4. By End-user Size
14.3.5. By Vertical
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. United Kingdom
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Deployment
15.1.2.2. By Type
15.1.2.3. By End-user Size
15.1.2.4. By Vertical
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Deployment
15.2.2.2. By Type
15.2.2.3. By End-user Size
15.2.2.4. By Vertical
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Deployment
15.3.2.2. By Type
15.3.2.3. By End-user Size
15.3.2.4. By Vertical
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Deployment
15.4.2.2. By Type
15.4.2.3. By End-user Size
15.4.2.4. By Vertical
15.5. Rest of Latin America
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Deployment
15.5.2.2. By Type
15.5.2.3. By End-user Size
15.5.2.4. By Vertical
15.6. Germany
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Deployment
15.6.2.2. By Type
15.6.2.3. By End-user Size
15.6.2.4. By Vertical
15.7. United Kingdom
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Deployment
15.7.2.2. By Type
15.7.2.3. By End-user Size
15.7.2.4. By Vertical
15.8. France
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Deployment
15.8.2.2. By Type
15.8.2.3. By End-user Size
15.8.2.4. By Vertical
15.9. Spain
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Deployment
15.9.2.2. By Type
15.9.2.3. By End-user Size
15.9.2.4. By Vertical
15.10. Italy
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Deployment
15.10.2.2. By Type
15.10.2.3. By End-user Size
15.10.2.4. By Vertical
15.11. Rest of Europe
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Deployment
15.11.2.2. By Type
15.11.2.3. By End-user Size
15.11.2.4. By Vertical
15.12. China
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Deployment
15.12.2.2. By Type
15.12.2.3. By End-user Size
15.12.2.4. By Vertical
15.13. Japan
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Deployment
15.13.2.2. By Type
15.13.2.3. By End-user Size
15.13.2.4. By Vertical
15.14. South Korea
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Deployment
15.14.2.2. By Type
15.14.2.3. By End-user Size
15.14.2.4. By Vertical
15.15. Malaysia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Deployment
15.15.2.2. By Type
15.15.2.3. By End-user Size
15.15.2.4. By Vertical
15.16. Singapore
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Deployment
15.16.2.2. By Type
15.16.2.3. By End-user Size
15.16.2.4. By Vertical
15.17. Australia
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Deployment
15.17.2.2. By Type
15.17.2.3. By End-user Size
15.17.2.4. By Vertical
15.18. Rest of Asia Pacific
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Deployment
15.18.2.2. By Type
15.18.2.3. By End-user Size
15.18.2.4. By Vertical
15.19. GCC Countries
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Deployment
15.19.2.2. By Type
15.19.2.3. By End-user Size
15.19.2.4. By Vertical
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Deployment
15.20.2.2. By Type
15.20.2.3. By End-user Size
15.20.2.4. By Vertical
15.21. Israel
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2021
15.21.2.1. By Deployment
15.21.2.2. By Type
15.21.2.3. By End-user Size
15.21.2.4. By Vertical
15.22. Rest of the Middle East and Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2021
15.22.2.1. By Deployment
15.22.2.2. By Type
15.22.2.3. By End-user Size
15.22.2.4. By Vertical
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Deployment
16.3.3. By Type
16.3.4. By End-user Size
16.3.5. By Vertical
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. IBM Corporation
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Cisco
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. NetApp
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. NTT Communications Corporation
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Dell
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Avere
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Hewlett-Packard
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Zadara Storage
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Multiprotocol Storage Market
