Hybrid
Storage Arrays Market Size, Share, Growth, Trends, Analysis and Forecast – 2031
The
global hybrid storage arrays market is anticipated to grow at a significant
CAGR during the forecast period (2024-2031). A hybrid array is a form of
hierarchical storage management that combines hard disk drives (HDDs) with
solid-state drives (SSDS) for input/output (I/O) speed improvements. The major
factor driving the market growth includes the advantage the hybrid storage
arrays offer over an all-flash array. Hybrids have a mixture of HDDs and SSDs,
while the all-flash array is equipped only with SSDs.
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The
global hybrid storage arrays market growth is also attributable to the
proliferation of big data and thus the big data analytics. Therefore, the
all-flash array is being suitable for applications such as big data analytics
that lack in providing flexibility and scalability to the organizations. Adding
to this, hybrid-flash arrays offer an optimal overall balance between cost,
performance, and capacity. Thus, there is expected a boom in the hybrid storage
arrays in the future years owing to its added features. Some key players
operating in the market include Apple, Inc., Microchip Technology Inc., Dell
Technologies, Inc., and Fusion-io, Inc., among others. These players are
focusing on strengthening their position in the market by adopting strategies
such as mergers and acquisitions, partnerships, collaborations, new product
launches and development in the existing product portfolio, etc.
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Market
Coverage
o By Type
o By Application
Key
questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global
Hybrid Storage Arrays Market Report Segmentation
By
Type
• Personal Storage
• Commercial Storage
By
Application
• Data Management
• Solid State Cache
• Memory Management Software
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