Computer storage devices are the core components of a computing device. They store almost all the data and applications on a computer except software permanently programmed on the hardware.
The global computer storage devices and servers market was valued at $95 billion in 2017. Asia Pacific was the largest geographic region accounting for $41.9 billion or 44.1% of the global market. The USA was the largest country accounting for $20.8 billion or 21.9% of the global computer storage devices and servers market.
Big data is increasing exponentially driving demand for storage capacity. As physical storage is growing exponentially, more terabyte drives are being added to companies’ storage devices. Big data analytics is the derivation of meaningful insights from petabytes and exabytes of data. Big data analytics breaks down data sets into smaller chunks for efficient processing to derive intelligence for effective decision-making.
Companies Covered: IBM, Western Digital Corporation, Kingston Technology Company Inc., Seagate Technology, Toshiba
Market Segments Included: Computer Storage, Computer Servers
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