The Latin America, Middle East and Africa AI Powered Storage Market would witness market growth of 26.8% CAGR during the forecast period (2022-2028).
In a world with a huge amount of data, data that is kept is not nearly as important as shared data. In order to create scale-out storage solutions that reduce the time spent waiting for insights for data-driven enterprises, AI-enabled storage uses contemporary analytics and AI workloads. The utilization of various analytics tools and procedures by AI-enabled storage enables the delivery of high-performance data insights on billions of stored items and files in a concise time. The aforementioned data insights are helpful for firms in the process of deciding on significant business matters.
Storage that is equipped with AI may assist in the creation of reports on the data functions and insights that are provided. They make it possible to configure warning systems in order to deal with scenarios involving the failure of data storage or anomalies in the data. The value of the data being saved and the ways in which it is accessed may be better determined with the assistance of AI-enabled storage. This assists in making important judgments, such as which kind of storage to use, which data are most important, and which data are not needed. In turn, this enables enterprises to make intelligent investments in data storage capacity and minimize expenses associated with storing enormous amounts of data in terabytes.
A highly competitive market for the Information and Communication Technology (ICT) sector can be found in the United Arab Emirates (UAE), which is a prominent center for international commerce and business in the Middle East and North Africa (MENA) region. The SmartPass system in the UAE has established a digital infrastructure that can be used by all of the government's services and departments. However, these services will be modified to accommodate the United Arab Emirates Strategy for Artificial Intelligence (AI) 2031.
The Brazil market dominated the LAMEA AI Powered Storage Market by Country in 2021, achieving a market value of $1,185.6 million by 2028. The Argentina market is experiencing a CAGR of 27.5% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 26.4% during (2022 - 2028).
Based on Component, the market is segmented into Hardware and Software. Based on Storage Architecture, the market is segmented into File & Object Based Storage and Object Storage. Based on Storage System, the market is segmented into Direct Attached Storage, Network Attached Storage and Storage Area Network. Based on Storage Medium, the market is segmented into Hard Disk Drive and Solid-State Drive. Based on End User, the market is segmented into Enterprises, Cloud Service Providers, Telecom Companies and Others. Based on Enterprises Type, the market is segmented into BFSI, Manufacturing, Media & Entertainment, Healthcare, Consumer Goods & Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet Inc.), Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Intel Corporation, Dell Technologies, Inc., Lenovo Group Limited, NetApp, Inc.
In a world with a huge amount of data, data that is kept is not nearly as important as shared data. In order to create scale-out storage solutions that reduce the time spent waiting for insights for data-driven enterprises, AI-enabled storage uses contemporary analytics and AI workloads. The utilization of various analytics tools and procedures by AI-enabled storage enables the delivery of high-performance data insights on billions of stored items and files in a concise time. The aforementioned data insights are helpful for firms in the process of deciding on significant business matters.
Storage that is equipped with AI may assist in the creation of reports on the data functions and insights that are provided. They make it possible to configure warning systems in order to deal with scenarios involving the failure of data storage or anomalies in the data. The value of the data being saved and the ways in which it is accessed may be better determined with the assistance of AI-enabled storage. This assists in making important judgments, such as which kind of storage to use, which data are most important, and which data are not needed. In turn, this enables enterprises to make intelligent investments in data storage capacity and minimize expenses associated with storing enormous amounts of data in terabytes.
A highly competitive market for the Information and Communication Technology (ICT) sector can be found in the United Arab Emirates (UAE), which is a prominent center for international commerce and business in the Middle East and North Africa (MENA) region. The SmartPass system in the UAE has established a digital infrastructure that can be used by all of the government's services and departments. However, these services will be modified to accommodate the United Arab Emirates Strategy for Artificial Intelligence (AI) 2031.
The Brazil market dominated the LAMEA AI Powered Storage Market by Country in 2021, achieving a market value of $1,185.6 million by 2028. The Argentina market is experiencing a CAGR of 27.5% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 26.4% during (2022 - 2028).
Based on Component, the market is segmented into Hardware and Software. Based on Storage Architecture, the market is segmented into File & Object Based Storage and Object Storage. Based on Storage System, the market is segmented into Direct Attached Storage, Network Attached Storage and Storage Area Network. Based on Storage Medium, the market is segmented into Hard Disk Drive and Solid-State Drive. Based on End User, the market is segmented into Enterprises, Cloud Service Providers, Telecom Companies and Others. Based on Enterprises Type, the market is segmented into BFSI, Manufacturing, Media & Entertainment, Healthcare, Consumer Goods & Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet Inc.), Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Intel Corporation, Dell Technologies, Inc., Lenovo Group Limited, NetApp, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
By Storage Architecture
- File & Object Based Storage
- Object Storage
By Storage System
- Direct Attached Storage
- Network Attached Storage
- Storage Area Network
By Storage Medium
- Hard Disk Drive
- Solid State Drive
By End User
- Enterprises
- BFSI
- Manufacturing
- Media & Entertainment
- Healthcare
- Consumer Goods & Retail
- Others
- Cloud Service Providers
- Telecom Companies
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- Cisco Systems, Inc
- Hewlett-Packard Enterprise Company
- Intel Corporation
- Dell Technologies, Inc
- Lenovo Group Limited
- NetApp, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI Powered Storage Market, by Component
1.4.2 LAMEA AI Powered Storage Market, by Storage Architecture
1.4.3 LAMEA AI Powered Storage Market, by Storage System
1.4.4 LAMEA AI Powered Storage Market, by Storage Medium
1.4.5 LAMEA AI Powered Storage Market, by End User
1.4.6 LAMEA AI Powered Storage Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisition and Mergers: 2019, Aug - 2023, Jan) Leading Players
Chapter 4. LAMEA AI Powered Storage Market by Component
4.1 LAMEA Hardware Market by Country
4.2 LAMEA Software Market by Country
Chapter 5. LAMEA AI Powered Storage Market by Storage Architecture
5.1 LAMEA File & Object Based Storage Market by Country
5.2 LAMEA Object Storage Market by Country
Chapter 6. LAMEA AI Powered Storage Market by Storage System
6.1 LAMEA Direct Attached Storage Market by Country
6.2 LAMEA Network Attached Storage Market by Country
6.3 LAMEA Storage Area Network Market by Country
Chapter 7. LAMEA AI Powered Storage Market by Storage Medium
7.1 LAMEA Hard Disk Drive Market by Country
7.2 LAMEA Solid State Drive Market by Country
Chapter 8. LAMEA AI Powered Storage Market by End User
8.1 LAMEA Enterprises Market by Country
8.2 LAMEA AI Powered Storage Market by Enterprises Type
8.2.1 LAMEA BFSI Market by Country
8.2.2 LAMEA Manufacturing Market by Country
8.2.3 LAMEA Media & Entertainment Market by Country
8.2.4 LAMEA Healthcare Market by Country
8.2.5 LAMEA Consumer Goods & Retail Market by Country
8.2.6 LAMEA Others Market by Country
8.3 LAMEA Cloud Service Providers Market by Country
8.4 LAMEA Telecom Companies Market by Country
8.5 LAMEA Others Market by Country
Chapter 9. LAMEA AI Powered Storage Market by Country
9.1 Brazil AI Powered Storage Market
9.1.1 Brazil AI Powered Storage Market by Component
9.1.2 Brazil AI Powered Storage Market by Storage Architecture
9.1.3 Brazil AI Powered Storage Market by Storage System
9.1.4 Brazil AI Powered Storage Market by Storage Medium
9.1.5 Brazil AI Powered Storage Market by End User
9.1.5.1 Brazil AI Powered Storage Market by Enterprises Type
9.2 Argentina AI Powered Storage Market
9.2.1 Argentina AI Powered Storage Market by Component
9.2.2 Argentina AI Powered Storage Market by Storage Architecture
9.2.3 Argentina AI Powered Storage Market by Storage System
9.2.4 Argentina AI Powered Storage Market by Storage Medium
9.2.5 Argentina AI Powered Storage Market by End User
9.2.5.1 Argentina AI Powered Storage Market by Enterprises Type
9.3 UAE AI Powered Storage Market
9.3.1 UAE AI Powered Storage Market by Component
9.3.2 UAE AI Powered Storage Market by Storage Architecture
9.3.3 UAE AI Powered Storage Market by Storage System
9.3.4 UAE AI Powered Storage Market by Storage Medium
9.3.5 UAE AI Powered Storage Market by End User
9.3.5.1 UAE AI Powered Storage Market by Enterprises Type
9.4 Saudi Arabia AI Powered Storage Market
9.4.1 Saudi Arabia AI Powered Storage Market by Component
9.4.2 Saudi Arabia AI Powered Storage Market by Storage Architecture
9.4.3 Saudi Arabia AI Powered Storage Market by Storage System
9.4.4 Saudi Arabia AI Powered Storage Market by Storage Medium
9.4.5 Saudi Arabia AI Powered Storage Market by End User
9.4.5.1 Saudi Arabia AI Powered Storage Market by Enterprises Type
9.5 South Africa AI Powered Storage Market
9.5.1 South Africa AI Powered Storage Market by Component
9.5.2 South Africa AI Powered Storage Market by Storage Architecture
9.5.3 South Africa AI Powered Storage Market by Storage System
9.5.4 South Africa AI Powered Storage Market by Storage Medium
9.5.5 South Africa AI Powered Storage Market by End User
9.5.5.1 South Africa AI Powered Storage Market by Enterprises Type
9.6 Nigeria AI Powered Storage Market
9.6.1 Nigeria AI Powered Storage Market by Component
9.6.2 Nigeria AI Powered Storage Market by Storage Architecture
9.6.3 Nigeria AI Powered Storage Market by Storage System
9.6.4 Nigeria AI Powered Storage Market by Storage Medium
9.6.5 Nigeria AI Powered Storage Market by End User
9.6.5.1 Nigeria AI Powered Storage Market by Enterprises Type
9.7 Rest of LAMEA AI Powered Storage Market
9.7.1 Rest of LAMEA AI Powered Storage Market by Component
9.7.2 Rest of LAMEA AI Powered Storage Market by Storage Architecture
9.7.3 Rest of LAMEA AI Powered Storage Market by Storage System
9.7.4 Rest of LAMEA AI Powered Storage Market by Storage Medium
9.7.5 Rest of LAMEA AI Powered Storage Market by End User
9.7.5.1 Rest of LAMEA AI Powered Storage Market by Enterprises Type
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental Analysis
10.3.4 SWOT Analysis
10.4 Google LLC (Alphabet Inc.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Cisco Systems, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Dell Technologies, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Acquisition and Mergers:
10.6.6 SWOT Analysis:
10.7 Hewlett Packard Enterprise Company
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 Intel Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 NetApp, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Lenovo Group Limited
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
Companies Mentioned
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- Cisco Systems, Inc.
- Hewlett-Packard Enterprise Company
- Intel Corporation
- Dell Technologies, Inc.
- Lenovo Group Limited
- NetApp, Inc.
Methodology
LOADING...
