The global all flash array market is projected to reach USD 20,545 million in 2022 and USD 85,990 Million in 2032, increasing at a CAGR of 15.4% The all flash array market is known to provide advanced data management services that are beyond the scope of spinning media. They consume less power and produce less heat. Thus, they do not need as much cooling as standard hard disk drives.
Therefore, the need for air conditioning in data centers is reduced. All-flash arrays come incorporated with all the advanced features that an enterprise might need. Some of these features include replication, snapshots, and data reduplication. All Flash arrays are more expensive than spinning disks, but the development of multi-level cell flash has lowered the price of solid-state drives.
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Multi-level cell flash is slower and less durable than single-level cell flash, but companies have developed software that improves its wear levels to the point where multi-level cell is acceptable for enterprise applications. Single-level cell flash still remains the choice for applications with the highest input/output requirements, however.
All Flash Array Market: Drivers and Challenges:
Few of the all flash array market drivers are that they are easy to manage, hence there are no restrictions on the way logical volumes are created. All flash arrays are physically smaller in size, and thus the overall rack count is smaller.
In addition to this, all flash arrays are easy to install and maintain, which reduces the maintenance cost for the enterprise. Also, all flash arrays transfer data at a much faster rate in comparison to other hard disk drives; which is another major driving factor of all flash array market.
One of the challenges faced by the all flash array market is that during an unexpected drive failure, it would become more difficult to recover data than with standard disks. Hence, proper backup and mitigation plans should be made by the enterprises. Further, all-flash arrays cost a bit more, simply because flash is costlier than spinning media.
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All Flash Array Market: Regional Overview
All Flash Array market is currently dominated by the North American region owing to technological advancements in this region. Europe’s all flash array market follows next as various end-user industry verticals are realizing the importance of all flash arrays.
The Asia Pacific all flash array market is growing at a comparatively high rate owing to enterprises realizing the importance of all flash arrays.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to market segments such as geographies, applications, and industries.
Key Market Players:
A few of the companies in all flash array market are:
- IBM Corporation
- NetApp.
- Hewlett Packard Enterprise
- Dell Inc.
- Hitachi Ltd.
- Seagate Technology LLC
- SanDisk Corporation
- Pure Storage, Inc.
These companies are focused on innovating and updating their existing product offerings to increase their market share in all flash array markets.
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All Flash Array Market Segmentation:
By Storage System:
- All Flash Array based on Direct-attached Storage
- All Flash Array based on Network-attached Storage
- All Flash Array based on Cloud Storage
- All Flash Array based on Unified Storage
- All Flash Array based on Storage Area Network
- All Flash Array based on Software-defined Storage
By Enterprise:
- All Flash Array for SMEs
- All Flash Array for Large-Scale Enterprises
By Vertical:
- All Flash Array for BFSI
- All Flash Array for IT & Telecommunications
- All Flash Array for Government & Defense
- All Flash Array for Transportation
- All Flash Array for Manufacturing
- All Flash Array for Healthcare
- All Flash Array for Retail
- All Flash Array for Energy & Utilities
- All Flash Array for Other Verticals
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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