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Global big data storage market: 31.8% CAGR growth forecast between 2012-16

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Global Big Data Storage and Server Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-18 14:21:03
The Global Big Data Storage and Server market is to grow at a CAGR of 31.87 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid increase in the amount of data being transmitted across networks. The Global Big Data Storage and Server market has also been witnessing the increasing adoption of social media for data collection. However, the increasing confusion on choosing the right technology for data centers could pose a challenge to the growth of this market.

One of the main trends witnessed in the Global Big Data Storage and Server market is the growing demand for analytics and analytical software solutions. The analytical software solutions provide insights into the business and provide analytical support to the decisions been taken for the business. Various vendors are establishing their own data center facilities to support analytical computing and large storage infrastructure to store huge blocks of data. Many open source vendors are also developing analytical software solutions that support the small and medium-sized enterprises to solve their business needs.

One of the main factors driving the market is the increasing adoption of handheld devices for enterprise computing. Rapid advancements in technology and growing need for remote computing are leading to a rapid increase in the adoption of smartphones, tablets, and other handheld devices for enterprise computing.

One of the main challenges is the increasing consolidation of network infrastructure. Due to consolidation, there is a problem in centralizing the storage and server infrastructure. Enterprises are looking at consolidation of the infrastructure to a single centralized location as a solution to solve the crisis.

The key vendors dominating this space include Dell Inc., Fujitsu Ltd., Hewlett-Packard Co., and IBM Corp.

The other vendors mentioned are Bull Ltd., Hitachi Ltd., NEC Corp., and Oracle Inc.

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