The nextgeneration storage device integrates distributed storage technology, uses standardized hardware facilities to construct storage pools, virtualizes existing storage facilities, interconnects and breaks data scheduling barriers, and provides object, block, and file storage services under a unified system. And has the advantages of high reliability and easy management.
DAS is the oldest storage system and offers convenient data storage solution. DAS offers simplicity and low-cost solution compared to any other storages. Network-attached storage (NAS) is the second-largest market by size after DAS in the next-generation data storage market. The key feature of NAS is the ability to provide multiple-client access to the same file. NAS devices also offer vertical and horizontal scalability. Such solutions are mostly used by enterprises where data security is of prime importance.

Market Analysis and Insights: Global Next Generation Storage Devices Market
The global Next Generation Storage Devices market size is projected to reach US$ 149980 million by 2027, from US$ 72390 million in 2020, at a CAGR of 10.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Next Generation Storage Devices market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Next Generation Storage Devices market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Next Generation Storage Devices market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Next Generation Storage Devices market.

Global Next Generation Storage Devices Scope and Market Size
Next Generation Storage Devices market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Next Generation Storage Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Magnetic Storage
Solid-state Storage
Cloud-based Storage
Hybrid Array

Segment by Application
BFSI
Retail
IT & Telecommunication
Healthcare
Government
Education
Media & Entertainment
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Dell
HPE
Hitachi
IBM
NetApp
Nutanix
Oracle StorageTek
Pure Storage
Tintri
Toshiba
Carbonite
NetApp
SugarSync
Dropbox
JustCloud
Norton
SpiderOak
OpenDrive
Adrive
Reduxio
AMI StorTrends
Tegile Systems
Idrive
Microsoft