Market Forecast By Storage Architecture (File and Object-based Storage (FOBS), Block Storage), By Storage Medium (SSD, HDD, Tape), By Storage System (Direct Attached Storage (DAS), Network Attached Storage (NAS), Storage Area Network (SAN)), By End User (Enterprise, Government, Cloud Service Providers, Telecom) And Competitive Landscape
Product Code: ETC267815 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Next Generation Data Storage Market report thoroughly covers the market by storage architecture, storage medium, storage system and end user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia Next Generation Data Storage Market is dynamic and evolving and is projected to attain steady growth in the coming years driven by increasing adoption of advanced technologies such as cloud computing, big data analytics, and the Internet of Things (IoT) in various industries such as healthcare, banking, and retail.
According to 6Wresearch, the Australia Next Generation Data Storage Market size is expected to grow at a significant CAGR of 18% during the forecast period 2025-2031. This growth is propelled by the increasing adoption of advanced technologies such as cloud computing, big data analytics, and the Internet of Things (IoT) in various industries such as healthcare, banking, and retail. These industries generate a large amount of data, which requires efficient storage and management solutions. There is increasing adoption of big data analytics for extracting insights, making data-driven decisions and gaining competitive advantages is driving demand for scalable and high-performance data storage solutions. There is a large amount of data being generated in industries such as banking and finance, government enterprises and retail. This necessitates the use of Data Storage Solutions in Australia. These factors will influence the Australia Next Generation Data Storage Market Growth.
The Next Generation Data Storage Solutions have higher upfront costs and ongoing operational expenses which can hinder its adoption by small enterprises. There are also concerns regarding data privacy, with loads of data being generated and stored, data privacy and security is always a challenge. With the increasing frequency and sophistication of cyber threats, including ransomware attacks, data breaches and insider threats, organizations must prioritize data security across their storage infrastructure.
Some of the key players operating in the Australia Next Generation Data Storage market include IBM Corporation, Dell EMC, Hewlett Packard Enterprise Development LP, and NetApp Inc. These companies are investing heavily in research and development activities and innovating new products to cater to the growing demand for Next Generation Data Storage Solutions. Currently, IBM Corporation holds the largest share in the next-generation data storage market in Australia. With its wide range of data storage solutions and strong presence in the market, IBM has been able to establish itself as a leading player in this space.
Government regulations play a significant role in the Australia Next Generation Data Storage Market. There are regulations related to data privacy, security, and compliance. The Privacy Act governs the collection, use, and disclosure of personal information by Australian government agencies and private sector organizations. The Act includes the Australian Privacy Principles (APPs), which set out standards for the handling of personal data, including requirements for data storage and security.
The Australia Next Generation Data Storage Market has been experiencing significant growth over the past few years. Several factors will shape the future of the market. Data generation is expected to continue growing exponentially, driven by trends such as IoT, big data analytics and digital transformation initiatives. As organizations accumulate vast amounts of structured and unstructured data, there will be increased demand for next-generation data storage solutions capable of efficiently managing, processing and analyzing diverse data types at scale.
According to Dhaval, Research Manager, 6Wresearch, the file and object-based storage (FOBS) segment holds the dominant share in the next-generation data storage market in Australia by storage architecture.
Based on Storage Medium, the solid-state drive (SSD) segment is expected to register the highest growth during the forecast period in the next-generation data storage market in Australia by storage medium.
Based on the Storage System, The network attached storage (NAS) segment is projected to witness significant growth in the next-generation data storage market in Australia by storage system.
Based on the End User, The enterprise segment is expected to dominate the next-generation data storage market in Australia by end user. This can be attributed to the rising adoption of advanced technologies such as cloud computing, big data analytics, and IoT among enterprises.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Next Generation Data Storage Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Next Generation Data Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Next Generation Data Storage Market - Industry Life Cycle |
3.4 Australia Next Generation Data Storage Market - Porter's Five Forces |
3.5 Australia Next Generation Data Storage Market Revenues & Volume Share, By Storage Architecture, 2021 & 2031F |
3.6 Australia Next Generation Data Storage Market Revenues & Volume Share, By Storage Medium, 2021 & 2031F |
3.7 Australia Next Generation Data Storage Market Revenues & Volume Share, By Storage System, 2021 & 2031F |
3.8 Australia Next Generation Data Storage Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Next Generation Data Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for data storage solutions due to the growing volume of data generated by businesses and individuals. |
4.2.2 Adoption of cloud-based storage solutions by enterprises for cost efficiency and scalability. |
4.2.3 Technological advancements in data storage technologies leading to higher performance and reliability. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing next-generation data storage solutions. |
4.3.2 Concerns around data security and privacy hindering the adoption of new storage technologies. |
4.3.3 Lack of skilled professionals to manage and maintain complex data storage systems. |
5 Australia Next Generation Data Storage Market Trends |
6 Australia Next Generation Data Storage Market, By Types |
6.1 Australia Next Generation Data Storage Market, By Storage Architecture |
6.1.1 Overview and Analysis |
6.1.2 Australia Next Generation Data Storage Market Revenues & Volume, By Storage Architecture, 2021-2031F |
6.1.3 Australia Next Generation Data Storage Market Revenues & Volume, By File and Object-based Storage (FOBS), 2021-2031F |
6.1.4 Australia Next Generation Data Storage Market Revenues & Volume, By Block Storage, 2021-2031F |
6.2 Australia Next Generation Data Storage Market, By Storage Medium |
6.2.1 Overview and Analysis |
6.2.2 Australia Next Generation Data Storage Market Revenues & Volume, By SSD, 2021-2031F |
6.2.3 Australia Next Generation Data Storage Market Revenues & Volume, By HDD, 2021-2031F |
6.2.4 Australia Next Generation Data Storage Market Revenues & Volume, By Tape, 2021-2031F |
6.3 Australia Next Generation Data Storage Market, By Storage System |
6.3.1 Overview and Analysis |
6.3.2 Australia Next Generation Data Storage Market Revenues & Volume, By Direct Attached Storage (DAS), 2021-2031F |
6.3.3 Australia Next Generation Data Storage Market Revenues & Volume, By Network Attached Storage (NAS), 2021-2031F |
6.3.4 Australia Next Generation Data Storage Market Revenues & Volume, By Storage Area Network (SAN), 2021-2031F |
6.4 Australia Next Generation Data Storage Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Australia Next Generation Data Storage Market Revenues & Volume, By Enterprise, 2021-2031F |
6.4.3 Australia Next Generation Data Storage Market Revenues & Volume, By Government, 2021-2031F |
6.4.4 Australia Next Generation Data Storage Market Revenues & Volume, By Cloud Service Providers, 2021-2031F |
6.4.5 Australia Next Generation Data Storage Market Revenues & Volume, By Telecom, 2021-2031F |
7 Australia Next Generation Data Storage Market Import-Export Trade Statistics |
7.1 Australia Next Generation Data Storage Market Export to Major Countries |
7.2 Australia Next Generation Data Storage Market Imports from Major Countries |
8 Australia Next Generation Data Storage Market Key Performance Indicators |
8.1 Average data storage capacity utilization rate. |
8.2 Data transfer speeds and latency levels across storage systems. |
8.3 Rate of adoption of new data storage technologies by businesses. |
8.4 Percentage of data storage downtime incidents. |
8.5 Energy efficiency and sustainability metrics of data storage solutions. |
9 Australia Next Generation Data Storage Market - Opportunity Assessment |
9.1 Australia Next Generation Data Storage Market Opportunity Assessment, By Storage Architecture, 2021 & 2031F |
9.2 Australia Next Generation Data Storage Market Opportunity Assessment, By Storage Medium, 2021 & 2031F |
9.3 Australia Next Generation Data Storage Market Opportunity Assessment, By Storage System, 2021 & 2031F |
9.4 Australia Next Generation Data Storage Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Next Generation Data Storage Market - Competitive Landscape |
10.1 Australia Next Generation Data Storage Market Revenue Share, By Companies, 2024 |
10.2 Australia Next Generation Data Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |