TOP 10 COMPNIES IN NEXT-GENERATION DATA STORAGE MARKET

The Next-generation Data Storage Market is expected to grow at a CAGR of 10.1% from 2020 to 2027 to reach $56.7 billion by 2027 from $29.0 billion in 2020. The next-generation data storage market is growing rapidly due to the rising need to store and manage huge volumes of data generated every day. The rising integration of cloud computing technology for improving the flexibility and scalability of services has encouraged enterprises to adopt next-generation data storage solutions for making their business operations faster, better, and more cost-effective. However, data security and scalability issues are expected to hamper the market’s growth.