How has COVID19 Impacted Personal and Entry Level Storage (PELS) Market?

-

The need for proper and secure data storage and management in today’s digital age is imperative, and this drives the demand for personal and entry level storage (PELS) systems, states a new report by Transparency Market Research. The report - titled “Personal and Entry Level Storage (PELS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” - states that fueled by a number of strong factors, the global personal and entry level storage market systems is projected to register a massive leap from US$5 billion in 2012 to US$39.49 billion by the end of 2019. This means that the market will register a remarkable compound annual growth rate of 35.1% over the forecast period of 2013-2019.The personal and entry level storage market is highly fragmented and the research report segments the overall market on the basis of product or service, technology, end-use application, and geography. 

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1684

By product or service, personal and entry level storage systems are classified into flash drives, hard disk drives (HDD), cloud storage, recordable discs, and solid state drives (SSD). Among these, HDD dominated the global scenario with a 32% share of the overall personal and entry level storage market thanks to larger storage space offered and lower cost. With SDDs now offering longer life span, speedier data transfer rates, silent operations, and portability, this segment is expected to surpass the demand for HDDs in the forecast period.                                 

In terms of technology, the personal and entry level storage market can be divided into direct attached storage (DAS), serial attached SCSI (SAS), cloud storage technology, fiber channel storage, network attached storage, and IP based storage. Out of these, cloud-based storage has been identified as the fastest growing technology segment, presenting a 48.6% CAGR from 2013 to 2019. The various end-use industries that use personal and entry level storage systems are communications, financial services, media and entertainment, healthcare and life sciences, public sector, and internet services; among these the media and entertainment industry dominated on the global front.

Geographically, the worldwide market for personal and entry level storage covers North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific emerged as the frontrunner in the global market, accounting for a 42.5% share in 2012. One of the primary reasons for the region’s leading position is the presence of three significant HDD manufacturers – Toshiba, Western Digital, and Seagate – who have their base in Asia Pacific.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=1684&ltype=S

The global personal and entry level storage market has numerous players operating at an international and domestic level. These include Hewlett-Packard Company, CA Technologies, Brocade, International Business Machines Corporation (IBM), Symantec Corporation, NetApp Inc., Dell Inc., Seagate Technology, EMC Corporation, Cisco Systems Inc., Hitachi Data Systems (HDS), Western Digital Corporation, and Toshiba Corporation. Of these, EMC Corporation dominated the market with a 30% share, with Hitachi, IBM, and HP following suit.

 About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

 

Comments

Post a Comment

Popular posts from this blog

How Have AI and Machine Learning Reshaped the Fire Alarm and Detection System Industry in 2024?

-
Image
Fire alarm and detection systems are electronic devices designed specifically to discover fires early in their development stage. They are regularly used in residential and commercial spaces to alert the occupants of a possible fire outbreak, thereby reducing property loss and casualties. These gadgets generally feature smoke detectors, temperature sensors, microcontroller panels, and electronic alarms to evaluate signals and provide accurate alerts. Nowadays, these systems are directly connected to water sprinklers; once these alarms are activated, the sprinklers are automatically turned on to doze off the fire in its early stages. Opportunities presented by the advent of advanced fire detection systems Over the years, the fire alarm and detection system market has grown significantly. The sector, which accounted for $60.51 billion in 2020, is anticipated to attain a revenue of $98.90 billion by 2030, growing at a CAGR   of 5.0% during 2021-2030. Several consumer electro...
Read more

How is Quantum AI Accelerating the Drug Discovery Process?

-
Image
 Artificial intelligence consists of a synergistic assembly of enhanced optimization strategies with wide application in drug discovery and development, providing advanced tools for promoting cost-effectiveness throughout the drug life cycle. AI specifically brings together the potential to improve drug approval rates, reduce development costs, get medications to patients faster, and help patients comply with their treatments. Accelerated pharmaceutical development and drug product approval rates further benefit from quantum computing technology, which enables larger profits from patent-protected industry exclusivity. Accelerating the discovery process with AI and quantum mechanics In October 2024, Researchers at Southern Methodist University developed an innovative tool, SmartCADD, that combines artificial intelligence, quantum mechanics, and computer-assisted drug design to accelerate the discovery of new treatments for various diseases. This open-source virtual platform shif...
Read more

How Do Signal Generators Impact the Automotive and Wireless Sectors?

-
Image
Signal generators play an important role in the electronics industry as they help engineers test circuits, check how components work, and simulate real-life situations. This helps in making durable, high-quality equipment. Using signal generators also reduces downtime and accelerates repair processes by making it easier to find and fix defects. In addition, modern signal generators are now equipped with IT solutions that improve their ability to handle challenges in wireless technology, making them more efficient and versatile. Many top companies offer signal generators that can be used for various tasks, such as network testing, optimization, and troubleshooting. The signal generator industry is expanding, particularly due to the rising demand from the automotive sector. Signal generators are used to simulate signals from different automotive sensors, such as pressure, temperature, speed, and rotation, to test and optimize engine control units (ECUs). For instance, the Indian auto c...
Read more