| Product Code: ETC13316119 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global External Enterprise Storage Market was valued at USD 42.6 Billion in 2024 and is expected to reach USD 65.1 Billion by 2031, growing at a compound annual growth rate of 6.67% during the forecast period (2025-2031).
The Global External Enterprise Storage Market is experiencing steady growth driven by increasing data generation, adoption of cloud storage solutions, and the need for efficient data management systems. Key players in the market are focusing on developing advanced storage solutions such as flash storage arrays, software-defined storage, and hyper-converged infrastructure to meet the escalating storage demands of enterprises. North America and Europe are the leading regions in terms of market share, while Asia Pacific is expected to witness significant growth due to rapid digital transformation in emerging economies. The market is also influenced by trends such as the proliferation of Big Data analytics, IoT applications, and the shift towards hybrid cloud storage models. Overall, the Global External Enterprise Storage Market is poised for continued expansion as organizations strive to optimize their data storage capabilities and enhance operational efficiency.
The Global External Enterprise Storage Market is witnessing a shift towards software-defined storage solutions, offering flexibility and scalability to meet the increasing data storage needs of businesses. With the proliferation of big data, cloud computing, and IoT applications, there is a growing demand for high-performance storage solutions capable of handling massive amounts of data efficiently. Additionally, the adoption of flash storage technology is on the rise due to its superior performance and decreasing costs. Opportunities exist for vendors to innovate and develop storage solutions tailored to specific industry verticals, such as healthcare, finance, and retail, which have unique data storage requirements. The market is also seeing an increased focus on data security and compliance, creating opportunities for vendors to offer integrated storage solutions that address these concerns.
The Global External Enterprise Storage Market faces several challenges including rapid technological advancements leading to frequent product obsolescence, increasing demand for cloud storage solutions impacting traditional storage sales, and rising concerns regarding data security and privacy. Additionally, the market is highly competitive with numerous players offering similar products, leading to price wars and margin pressures. Integration issues with existing IT infrastructure, data management complexities, and the need for specialized skills to manage enterprise storage solutions further add to the challenges faced by the market. Overall, companies in the Global External Enterprise Storage Market need to continually innovate, adapt to changing customer needs, and enhance data protection measures to stay competitive in this dynamic environment.
The Global External Enterprise Storage Market is primarily driven by the increasing volume of data generated by organizations, leading to a growing need for scalable and efficient storage solutions. The trend towards digital transformation and cloud adoption is also fueling the demand for external enterprise storage, as businesses require secure and reliable storage infrastructure for storing and accessing their data. Additionally, the rise of technologies such as artificial intelligence, big data analytics, and the Internet of Things (IoT) is further driving the market, as these technologies require robust storage capabilities to handle the vast amounts of data generated. Moreover, the need for data protection, backup, and disaster recovery solutions is driving organizations to invest in external enterprise storage solutions to ensure business continuity and data security.
Government policies related to the Global External Enterprise Storage Market vary by country, with regulations focusing on data security, privacy, and compliance. In the United States, government policies such as the Health Insurance Portability and Accountability Act (HIPAA) and the Sarbanes-Oxley Act impact how enterprises handle and store sensitive data. In the European Union, the General Data Protection Regulation (GDPR) sets guidelines for data protection and privacy. Additionally, some countries may have restrictions on where data can be stored geographically, impacting the external enterprise storage market. Overall, government policies play a crucial role in shaping the external enterprise storage landscape by influencing data management practices, security measures, and cross-border data transfers. Compliance with these regulations is essential for enterprises operating in the global marketplace.
The Global External Enterprise Storage Market is projected to experience steady growth over the coming years, driven by the increasing adoption of cloud services, big data analytics, and the rising demand for storage solutions among enterprises worldwide. Factors such as the proliferation of IoT devices, digital transformation initiatives, and the need for efficient data management are expected to fuel the market`s expansion. Additionally, advancements in technologies like flash storage, software-defined storage, and hybrid cloud storage are anticipated to drive innovation and create new opportunities for market players. With the growing volume of data generated by businesses and the need for scalable and secure storage solutions, the Global External Enterprise Storage Market is poised for sustained growth and evolution in the foreseeable future.
In the Global External Enterprise Storage Market, Asia is expected to witness significant growth driven by the increasing adoption of cloud-based storage solutions and digital transformation initiatives in countries like China and India. North America remains a key player in the market due to the presence of major technology companies and high investments in advanced storage technologies. Europe is experiencing steady growth with a focus on data privacy regulations and the adoption of hybrid cloud storage solutions. The Middle East and Africa region is seeing a rise in demand for external enterprise storage solutions to support the rapid expansion of businesses across various industries. Latin America is also showing growth potential fueled by the increasing need for scalable storage solutions in the region`s growing digital economy.
Global External Enterprise Storage Market |
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 Global External Enterprise Storage Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global External Enterprise Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Global External Enterprise Storage Market - Industry Life Cycle |
3.4 Global External Enterprise Storage Market - Porter's Five Forces |
3.5 Global External Enterprise Storage Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global External Enterprise Storage Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global External Enterprise Storage Market Revenues & Volume Share, By Storage Type, 2021 & 2031F |
3.8 Global External Enterprise Storage Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.9 Global External Enterprise Storage Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global External Enterprise Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global External Enterprise Storage Market Trends |
6 Global External Enterprise Storage Market, 2021 - 2031 |
6.1 Global External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global External Enterprise Storage Market, Revenues & Volume, By SAN (Storage Area Network), 2021 - 2031 |
6.1.3 Global External Enterprise Storage Market, Revenues & Volume, By NAS (Network Attached Storage), 2021 - 2031 |
6.1.4 Global External Enterprise Storage Market, Revenues & Volume, By Object Storage Systems, 2021 - 2031 |
6.1.5 Global External Enterprise Storage Market, Revenues & Volume, By Backup Storage Systems, 2021 - 2031 |
6.2 Global External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global External Enterprise Storage Market, Revenues & Volume, By Fibre Channel or iSCSI, 2021 - 2031 |
6.2.3 Global External Enterprise Storage Market, Revenues & Volume, By File-level Storage, 2021 - 2031 |
6.2.4 Global External Enterprise Storage Market, Revenues & Volume, By Scalable Cloud Storage, 2021 - 2031 |
6.2.5 Global External Enterprise Storage Market, Revenues & Volume, By Tape and Disk-based Systems, 2021 - 2031 |
6.3 Global External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global External Enterprise Storage Market, Revenues & Volume, By Centralized Storage Solution, 2021 - 2031 |
6.3.3 Global External Enterprise Storage Market, Revenues & Volume, By Ethernet or Wi-Fi Connectivity, 2021 - 2031 |
6.3.4 Global External Enterprise Storage Market, Revenues & Volume, By Distributed File Systems, 2021 - 2031 |
6.3.5 Global External Enterprise Storage Market, Revenues & Volume, By High-Speed Data Access, 2021 - 2031 |
6.4 Global External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global External Enterprise Storage Market, Revenues & Volume, By Large Enterprises, 2021 - 2031 |
6.4.3 Global External Enterprise Storage Market, Revenues & Volume, By SMEs and Remote Offices, 2021 - 2031 |
6.4.4 Global External Enterprise Storage Market, Revenues & Volume, By Data-Intensive Industries, 2021 - 2031 |
6.4.5 Global External Enterprise Storage Market, Revenues & Volume, By IT Operations and Cloud Providers, 2021 - 2031 |
7 North America External Enterprise Storage Market, Overview & Analysis |
7.1 North America External Enterprise Storage Market Revenues & Volume, 2021 - 2031 |
7.2 North America External Enterprise Storage Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
7.3 North America External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
7.5 North America External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
7.6 North America External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) External Enterprise Storage Market, Overview & Analysis |
8.1 Latin America (LATAM) External Enterprise Storage Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) External Enterprise Storage Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
8.5 Latin America (LATAM) External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
8.6 Latin America (LATAM) External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia External Enterprise Storage Market, Overview & Analysis |
9.1 Asia External Enterprise Storage Market Revenues & Volume, 2021 - 2031 |
9.2 Asia External Enterprise Storage Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
9.5 Asia External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
9.6 Asia External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa External Enterprise Storage Market, Overview & Analysis |
10.1 Africa External Enterprise Storage Market Revenues & Volume, 2021 - 2031 |
10.2 Africa External Enterprise Storage Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
10.5 Africa External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
10.6 Africa External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe External Enterprise Storage Market, Overview & Analysis |
11.1 Europe External Enterprise Storage Market Revenues & Volume, 2021 - 2031 |
11.2 Europe External Enterprise Storage Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
11.5 Europe External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
11.6 Europe External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East External Enterprise Storage Market, Overview & Analysis |
12.1 Middle East External Enterprise Storage Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East External Enterprise Storage Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey External Enterprise Storage Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East External Enterprise Storage Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East External Enterprise Storage Market, Revenues & Volume, By Storage Type, 2021 - 2031 |
12.5 Middle East External Enterprise Storage Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
12.6 Middle East External Enterprise Storage Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global External Enterprise Storage Market Key Performance Indicators |
14 Global External Enterprise Storage Market - Export/Import By Countries Assessment |
15 Global External Enterprise Storage Market - Opportunity Assessment |
15.1 Global External Enterprise Storage Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global External Enterprise Storage Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global External Enterprise Storage Market Opportunity Assessment, By Storage Type, 2021 & 2031F |
15.4 Global External Enterprise Storage Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
15.5 Global External Enterprise Storage Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global External Enterprise Storage Market - Competitive Landscape |
16.1 Global External Enterprise Storage Market Revenue Share, By Companies, 2024 |
16.2 Global External Enterprise Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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