Worth $47.5 Billion by 2026, Storage Powered by Artificial Intelligence (AI) Set to Drive Strong Growth Worldwide

San FranciscoAnd the June 23, 2022 /PRNewswire/ – A brand new market examine printed by World Business Analyst Inc. (GIA), the main market analysis firm, as we speak launched its report titled “Synthetic Intelligence (AI) Powered Storage – World Market Path and Analytics”. The report gives contemporary views on alternatives and challenges within the dramatically altered post-COVID-19 market.

Worth $47.5 Billion by 2026, Storage Powered by Artificial Intelligence (AI) Set to Drive Strong Growth Worldwide

Value $47.5 Billion by 2026, Storage Powered by Synthetic Intelligence (AI) Set to Drive Sturdy Development Worldwide

A glimpse of the details
What’s new for 2022?

  • World competitiveness and market share proportion of main opponents

  • Market presence throughout a number of geographies – robust / energetic / specialised / petty

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Model: 7; chest: January 2022
Government pool: 133779
firms: 203 – Drivers lined embody Superior Micro Units (AMD); Cisco Datadirect Community; Dell Flextronics Worldwide Applied sciences; Fujitsu. Hewlett-Packard Enterprise (HPE); Hitachi. IBM Company; Intel Company; Lenovo. Micron NTP expertise. NVIDIA Company; Pure Samsung Electronics Storage; Seagate Know-how PLC; Tintree. Toshiba Western Digital and others.
protection: All main geographies and main sectors
Slides: element ({hardware}, software program); medium storage (strong state drive, exhausting disk drive); Finish use (cloud service suppliers, enterprises, authorities companies, telecom firms)
Geographical areas: Globalism; United State; Canada; Japan; China; Europe (France; Germany; Italia; Uk; and the remainder Europe); Asia Pacific; Remainder of the world.

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Summary-

Entry to the World Storage Market Powered by Synthetic Intelligence (AI) $47.5 billion by 2026
Amidst the COVID-19 disaster, the worldwide marketplace for synthetic intelligence (AI)-powered storage is estimated at 12.8 billion US {dollars}is anticipated to succeed in the revised dimension of 47.5 billion US {dollars} by 2026, at a compound annual progress charge of 24% throughout the evaluation interval. {Hardware}, one of many sectors analyzed within the report, is anticipated to register a compound annual progress charge of 23.5% and attain 37.2 billion US {dollars} on the finish of the evaluation interval. After a radical evaluation of the enterprise implications of the pandemic and the ensuing financial disaster, the expansion within the software program sector has been readjusted to a compound annual progress charge of 25.1% for the following seven years.

The US market is estimated at 5 billion {dollars} In 2021, whereas it’s anticipated to reach in China $8.3 billion by 2026
The AI-assisted storage market within the US is estimated at 5 billion US {dollars} in 2021. Chinathe world’s second largest economic system, is anticipated to succeed in the anticipated market dimension 8.3 billion US {dollars} by 2026, lagging a compound annual progress charge of 23.5% throughout the evaluation interval. Amongst different noteworthy geomarkets Japan And the Canada, each are anticipated to develop at a charge of 21.7% and 20.5%, respectively, throughout the evaluation interval. inside EuropeAnd the Germany It’s anticipated to develop at a compound annual progress charge of roughly 16.8%. extra

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