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: ETC267819 | Publication Date: Nov 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
According to 6Wresearch internal database and industry insights, the Saudi Arabia next generation data storage market is projected to grow at a CAGR of approximately 12.8% during the forecast period (2025-2031).
Report Name | Saudi Arabia Next Generation Data Storage Market |
Forecast Period | 2025-2031 |
CAGR | 12.8% |
Growing Sector | Information Technology & Cloud Infrastructure |
The Saudi Arabia Next Generation Data Storage Market report comprehensively covers the market by Storage Architecture, Storage Medium, Storage System, and End-User. It provides an unbiased and detailed analysis of prevailing market trends, growth prospects, and key drivers to help stakeholders align their strategies with evolving data storage needs.
The Saudi Arabia Next Generation Data Storage industry is gaining strong momentum as the country undergoes rapid digital transformation under Vision 2030 initiatives. The increasing use of cloud computing, artificial intelligence (AI), and IoT across industries alongside the explosion of data-hungry applications is driving the need to embrace technology across their workflows to support the advanced storage capabilities. Business, and government agencies are now migrating to scalable, secure and energy efficient storage including flash storage, hyper-converged computing, and cloud-based architectures.
The Saudi Arabia Next Generation Data Storage Market is projected to grow at a CAGR of approximately 12.8% during the forecast period 2025-2031. Increasing digital transformation under Vision 2030, rapid cloud adoption, and the surging volume of enterprise and government data are the primary factors driving the market. Growing reliance on big data analytics, artificial intelligence (AI), IoT-enabled platforms, and fintech applications is significantly accelerating the demand for scalable, high-performance, and secure storage solutions, thereby supporting Saudi Arabia Next Generation Data Storage Market growth.
However, the market faces several challenges, including the high deployment cost of next-gen storage systems, rising cybersecurity concerns, and the shortage of skilled IT professionals to manage advanced storage infrastructure. Further, the complexity of the scaling and unstructured data management are challenges encountered by small and mid-sized businesses. By defeating all these issues, Saudi Arabia will be able to advance its digital economy, create a robust cloud and data ecosystem, and become a regional leader regarding more sophisticated storage technology.
The Saudi Arabia Next Generation Data Storage Market is witnessing key trends such as the rising adoption of cloud-based storage solutions, driven by Vision 2030 initiatives, digital transformation, and exponential data growth across industries. As the rates of use of AI, IoT, and big data analytics rise, organizations are now transitioning to hyper-scale and secure storage systems with high performance. Hybrid storage, flash, and software-defined storage are also becoming popular, promising faster performance, more security and flexibility to enterprises in the management of large and complex data sets.
The Saudi Arabia Next Generation Data Storage Market presents significant investment opportunities, particularly in the expansion of domestic data centres and cloud infrastructure. Government focus on smart cities, fintech activities and data localization policies are contributing to the growth of requirements of advanced storage systems. The areas of opportunities are R&D partnership, strategic alliance with regional IT providers, and industry-specific research catering to BFSI, healthcare, telecom, and oil & gas industry. The investments in the next-gen storage will go in line with the Saudi efforts to turn into an IT hub in the Middle East.
The Saudi Arabia Next Generation Data Storage Market is characterized by the presence of global technology leaders as well as growing regional players supporting the nation’s digital economy. Dell Technologies, IBM, Hewlett Packard Enterprise (HPE) and NetApp are market leaders that provide highly advanced cloud, hybrid and flash storage solutions. Simultaneously, entry-level service providers at the regional level and local systems integrators are making entry, providing customized, affordable and scalable services to fulfil the demands of the BFSI, healthcare, telecom and government sectors that in turn are escalating the competition.
The Government of Saudi Arabia plays a central role in shaping the market through Vision 2030 initiatives and strict data localization policies. Data storage regulations that demand storage of sensitive data within the country and the establishment of the sovereign cloud infrastructure is putting pressure on organizations to implement complex storage solutions. High performance storage technologies are gaining demand with government-supported schemes in smart cities, digital banking, and 5G implementation. The innovations are being stimulated, and the ecosystem of data storage is being empowered in Saudi Arabia through such regulatory frameworks and state-driven investment in ICT.
The future of the Saudi Arabia Next Generation Data Storage Market appears highly promising, driven by the rapid adoption of digital technologies, rising demand for secure and scalable storage, and investments in national data infrastructure. Expansion in data centres, fintech growth, and cloud adoption across enterprises will further accelerate demand for advanced storage solutions. In the coming years, the Saudi Arabia Next Generation Data Storage Market revenue will be significantly boosted by government-backed digital initiatives and investments in cutting-edge technologies.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Parth, Senior Research Analyst at 6Wresearch, the file and object-based storage segment is expected to dominate the Saudi Arabia Next Generation Data Storage Market. Its growth is supported by rising cloud adoption, scalability benefits, and the ability to efficiently handle unstructured data generated by enterprises, government projects, and digital services.
Within the storage medium category, SSDs are projected to lead the Saudi Arabia Next Generation Data Storage Market. This is driven by their faster data access speed, energy efficiency, and suitability for high-performance applications, particularly in enterprise IT, telecom, and cloud data centres.
The NAS segment is anticipated to hold the Saudi Arabia Next Generation Data Storage Market share. Its dominance stems from its cost-effectiveness, scalability, and ease of deployment, making it the preferred choice for enterprises and government organizations managing collaborative workloads and growing volumes of data.
Enterprises are expected to lead the Saudi Arabia Next Generation Data Storage Market due to their accelerating digital transformation, adoption of big data analytics, and increasing reliance on cloud platforms. Growing investment in high-performance storage solutions to support business continuity, cybersecurity, and AI-driven applications further strengthens enterprise dominance.
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 Saudi Arabia Next Generation Data Storage Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Next Generation Data Storage Market - Industry Life Cycle |
3.4 Saudi Arabia Next Generation Data Storage Market - Porter's Five Forces |
3.5 Saudi Arabia Next Generation Data Storage Market Revenues & Volume Share, By Storage Architecture, 2021 & 2031F |
3.6 Saudi Arabia Next Generation Data Storage Market Revenues & Volume Share, By Storage Medium, 2021 & 2031F |
3.7 Saudi Arabia Next Generation Data Storage Market Revenues & Volume Share, By Storage System, 2021 & 2031F |
3.8 Saudi Arabia Next Generation Data Storage Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Saudi Arabia Next Generation Data Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for data storage solutions due to the growing volume of data generated by businesses and individuals. |
4.2.2 Technological advancements leading to the development of next-generation data storage solutions with higher capacity and better performance. |
4.2.3 Government initiatives to promote digital transformation and adoption of advanced technologies in Saudi Arabia. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing next-generation data storage solutions. |
4.3.2 Concerns regarding data security and privacy, leading to hesitancy in adopting new storage technologies. |
4.3.3 Lack of skilled professionals to manage and maintain next-generation data storage systems effectively. |
5 Saudi Arabia Next Generation Data Storage Market Trends |
6 Saudi Arabia Next Generation Data Storage Market, By Types |
6.1 Saudi Arabia Next Generation Data Storage Market, By Storage Architecture |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Storage Architecture, 2021 - 2031F |
6.1.3 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By File and Object-based Storage (FOBS), 2021 - 2031F |
6.1.4 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Block Storage, 2021 - 2031F |
6.2 Saudi Arabia Next Generation Data Storage Market, By Storage Medium |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By SSD, 2021 - 2031F |
6.2.3 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By HDD, 2021 - 2031F |
6.2.4 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Tape, 2021 - 2031F |
6.3 Saudi Arabia Next Generation Data Storage Market, By Storage System |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Direct Attached Storage (DAS), 2021 - 2031F |
6.3.3 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Network Attached Storage (NAS), 2021 - 2031F |
6.3.4 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Storage Area Network (SAN), 2021 - 2031F |
6.4 Saudi Arabia Next Generation Data Storage Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Enterprise, 2021 - 2031F |
6.4.3 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Government, 2021 - 2031F |
6.4.4 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Cloud Service Providers, 2021 - 2031F |
6.4.5 Saudi Arabia Next Generation Data Storage Market Revenues & Volume, By Telecom, 2021 - 2031F |
7 Saudi Arabia Next Generation Data Storage Market Import-Export Trade Statistics |
7.1 Saudi Arabia Next Generation Data Storage Market Export to Major Countries |
7.2 Saudi Arabia Next Generation Data Storage Market Imports from Major Countries |
8 Saudi Arabia Next Generation Data Storage Market Key Performance Indicators |
8.1 Data transfer speeds and latency improvements. |
8.2 Energy efficiency and sustainability metrics of next-generation data storage solutions. |
8.3 Adoption rate of emerging technologies such as cloud storage and AI-powered data management systems in Saudi Arabia. |
9 Saudi Arabia Next Generation Data Storage Market - Opportunity Assessment |
9.1 Saudi Arabia Next Generation Data Storage Market Opportunity Assessment, By Storage Architecture, 2021 & 2031F |
9.2 Saudi Arabia Next Generation Data Storage Market Opportunity Assessment, By Storage Medium, 2021 & 2031F |
9.3 Saudi Arabia Next Generation Data Storage Market Opportunity Assessment, By Storage System, 2021 & 2031F |
9.4 Saudi Arabia Next Generation Data Storage Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Saudi Arabia Next Generation Data Storage Market - Competitive Landscape |
10.1 Saudi Arabia Next Generation Data Storage Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Next Generation Data Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |