Computational Storage Market Report 2026

Computational Storage Market Overview

• Computational Storage market size has reached to $6.37 billion in 2025 • Expected to grow to $17.71 billion in 2030 at a compound annual growth rate (CAGR) of 22.6% • Growth Driver: The Explosion Of Enterprise Data Volumes Is Fueling The Market Growth Due To Increasing Demand For Faster Data Processing And Efficient Storage Solutions • Market Trend: Next-Generation Computational Storage Solutions Enhance Enterprise Data Performance • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Computational Storage Market?

Computational storage refers to a data storage architecture that integrates computing capabilities directly within storage devices or systems to process data closer to where it is stored. It enables faster data processing, reduced data movement, improved latency, and optimized resource utilization by performing tasks such as data filtering, compression, encryption, and analytics within the storage layer. It supports efficient data management by reducing the workload on centralized computing systems and improving overall infrastructure performance. The main components of computational storage include hardware, software, and services. Hardware refers to physical storage devices equipped with processing capabilities that perform computation closer to where data is stored, reducing data movement and improving processing efficiency. These components support solid state drives, hard disk drives, and hybrid storage types and are deployed through On-Premises and cloud models. The key applications of data centers, edge computing, cloud computing, enterprise storage, and others, while the end-users include information technology and telecommunications, banking, financial services, and insurance, healthcare, government, media and entertainment, and others.

What Is The Computational Storage Market Growth Forecast?

The computational storage market size is expected to see exponential growth in the next few years. It will grow to $17.71 billion in 2030 at a compound annual growth rate (CAGR) of 22.6%. The growth in the forecast period can be attributed to increasing demand for real-time data processing, growing adoption of data-intensive applications, rising need for infrastructure resource optimization, expanding demand for storage-level analytics, increasing requirement for low-latency computing architectures. Major trends in the forecast period include increasing adoption of data processing within storage devices, rising demand for reduced data movement, growing preference for low-latency data processing, increasing integration of computational capabilities into storage infrastructure, expanding use of storage-level data filtering and compression.

What Is The Driver Of The Computational Storage Market?

The explosion of enterprise data volumes is expected to propel the growth of the computational storage market going forward. Enterprise data volumes refer to the rapidly increasing amount of structured and unstructured data generated, stored, and processed by organizations through applications, business operations, IoT devices, analytics platforms, and digital services. Enterprise data volumes are increasing due to the growing adoption of digital applications, which generate large amounts of structured and unstructured data that require efficient storage, management, and processing solutions. Enterprise data volumes continue to grow exponentially across industries, driving the need for advanced data processing architectures where Computational Storage enables organizations to overcome traditional storage bottlenecks by bringing computation closer to data, improving performance, reducing data movement, enhancing scalability, and optimizing the efficiency of enterprise workloads. For instance, in March 2024, according to the Edge Delta, a US-based software company, the world produced an estimated 120 zettabytes (ZB) of data, which amounts to roughly 337,080 petabytes (PB) per day. With approximately 5.35 billion internet users globally, this means that, on average, each user could be generating around 15.87 terabytes (TB) of data every day. Therefore, the explosion of enterprise data volumes is driving the growth of the computational storage industry.

Key Players In The Global Computational Storage Market

Major companies operating in the computational storage market are Amazon.com Inc., Alphabet Inc., Microsoft Corporation, NVIDIA Corporation, Intel Corporation, IBM Corporation, Dell Technologies Inc., Hewlett Packard Enterprise Company, Broadcom Inc., Advanced Micro Devices Inc., Western Digital Corporation, Micron Technology Inc., NetApp Inc., Samsung Electronics Co. Ltd., Pure Storage Inc., Seagate Technology Holdings plc, SK hynix Inc., Marvell Technology Inc., KIOXIA Holdings Corporation, ScaleFlux Inc., Eideticom Inc.

Global Computational Storage Market Trends and Insights

Major companies operating in the computational storage market are focusing on developing innovative technologies such as, high-speed interface-based computational storage solutions to enhance data processing efficiency, reduce latency, optimize storage performance, and support data-intensive workloads including artificial intelligence (AI), databases, and cloud computing applications. High-speed interface-based computational storage solutions are advanced storage technologies that integrate computational capabilities directly into storage devices, enabling data processing at the storage layer instead of transferring large datasets to external processors, reducing data movement, improving response times, and lowering overall infrastructure costs compared with traditional storage architectures. For instance, in January 2024, NVM Express, Inc., a us-based non-profit organization, released the NVM Express Computational Storage Feature Specification, an industry-standard framework designed to enable communication between applications and NVMe computational storage devices across compute and storage environments. The specification introduces two key command sets: the Computational Programs Command Set, which enables a host-driven and modular approach for deploying computational programs on storage devices, and the Subsystem Local Memory Command Set, which allows access to memory within an NVMe subsystem through computational programs and NVMe I/O commands. These capabilities enable enterprises and hyperscale data centers to offload compute-intensive operations to storage devices, improving performance for latency-sensitive applications such as AI models, databases, and content delivery networks. This advancement highlights the increasing adoption of standardized computational storage technologies to improve scalability, interoperability, and efficiency in modern data-intensive computing environments.

What Are Latest Mergers And Acquisitions In The Computational Storage Market?

In January 2023, Microsoft Corporation, a US-based technology company, acquired Fungible Inc. for $190 million. With this acquisition, Microsoft Corporation aimed to enhance its data center infrastructure capabilities by integrating Fungible Inc.’s high-efficiency Data Processing Unit (DPU) technologies, enabling improved networking and storage performance, increased server efficiency, optimized energy consumption, and the development of next-generation cloud infrastructure solutions for Microsoft Azure and enterprise customers. Fungible Inc. is a US-based semiconductor and data center technology company that specializes in providing computational storage capabilities through its DPU-powered fungible storage cluster.

What Defines the Computational Storage Market?

The computational storage market consists of revenues earned by entities by providing services such as computational storage design, integration, deployment, configuration, software optimization, storage management, maintenance, and technical support. The market value includes the value of related goods sold by the service provider or included within the service offering. The computational storage market also includes sales of computational storage drives, computational storage processors, smart SSDs, NVMe-based storage devices, storage controllers, embedded processing units, and computational storage platforms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Computational Storage Market Report 2026?

The computational storage market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the computational storage industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.