The MEA data storage market was esteemed at US$ 2,790 Mn in 2016 and is projected to arrive at US$ 8,431.3 Mn by 2025 end. Deals income is relied upon to increment at a CAGR of 13.6% during the conjecture time frame for example 2017-2025. As indicated by another report distributed by Future Market Insights named “Data Storage Market: Middle East and Africa Industry Analysis (2012-2016) and Opportunity Assessment (2017-2025),” main considerations answerable for the development of the data storage market in MEA remember expanded speculations for foundation, an eminent change in server farm ventures from being server driven to more data and capacity driven, and expanded reception of passage level and mid-range storage gadgets.
MEA Data Storage Market: Segmental Analysis
The MEA data storage market covers buyer data storage gadgets and undertaking data storage arrangements. For every one of these classifications, the market has been divided based on end client, vertical and district. Based on capacity type, the GCC data storage market is fragmented into customer storage and undertaking storage. As far as income, venture storage is projected to be the most appealing portion in the GCC data storage market during the conjecture time frame. The endeavor storage portion is likewise expected to enlist high Y-o-Y development rates all through the figure time frame and is relied upon to extend at a strong CAGR somewhere in the range of 2017 and 2025. Based on end client, the GCC data storage market is fragmented into business and private portions. The private section was esteemed at US$ 467.8 Mn in 2017 and is relied upon to observe a CAGR of 14.7% during the conjecture time frame.
MEA Data Storage Market: Forecast by Region
The GCC area is divided into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. As far as income, UAE followed by Qatar are the two driving data storage markets inside the GCC data storage market. UAE is the quickest developing local data storage market inside GCC with a development pace of 15.7% during 2017 – 2025. As far as income, UAE is projected to be the most appealing business sector in the GCC data storage market during the conjecture time frame and is additionally expected to enroll high Y-o-Y development rates all through the time of appraisal.
MEA Data Storage Market: Key Players
IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., SanDisk Corporation, Hitachi Data Systems, EMC Corporation (Dell Inc.), and Nexenta Systems are a portion of the central participants working in the MEA data storage market.
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