New York, Global Object-Based Storage Market report from Global Insight Services is the single authoritative source of intelligence on Object-Based Storage Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Object-based storage is a data storage architecture that manages data as objects. Objects are composed of data and metadata, and are typically stored in a flat structure. Each object is given a unique identifier and can be accessed via a web-based interface.
Object-based storage is an alternative to traditional file-based storage systems. It is well suited for storing large amounts of data, such as video, audio, and images. Additionally, it can be used to store data that is not easily structured, such as text documents.
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Key Trends
There are a few key trends in object-based storage technology:
1. Increased use of object storage for unstructured data: This is due to the fact that object storage is well-suited for storing large amounts of unstructured data, such as images, videos, and log files.
2. Increased use of object storage for cloud-based applications: This is because object storage can provide high levels of scalability and availability, which are essential for cloud-based applications.
3. Use of object storage for compliance purposes: This is because object storage can provide immutable storage, which is essential for compliance purposes.
4. Use of object storage for disaster recovery: This is because object storage can provide high levels of durability, which is essential for disaster recovery.
Key Drivers
There are four key drivers of object-based storage market:
1. Increasing demand for unstructured data: Unstructured data is growing at a faster rate than structured data, and this trend is expected to continue. As a result, organizations are increasingly turning to object-based storage to store and manage this data.
2. Improved scalability and flexibility: Object-based storage is more scalable and flexible than traditional storage systems. This allows organizations to easily expand their storage capacity as their data grows.
3. Reduced costs: Object-based storage is typically more cost-effective than traditional storage systems. This is due to the fact that it is more efficient in terms of space and bandwidth utilization.
4. Improved security: Object-based storage offers improved security features, such as data encryption and access control. This makes it an attractive option for storing sensitive data.
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Market Segmentation
By Type
- Cloud Based
- Web Based
By Application
- Manipulate Data
- Memory
- Mobile Apps
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa
Key Players
The key players in the Object-Based Storage Market are Cisco, ETegro, Dell EMC, SwiftStack, Hyve, Basho, Supermicro, Seagate, Scality, and IBM.
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