Mar 08, 2021: Market Slingshot:
The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come. This could be attributed to an ever-increasing volume of data getting generated followed by rising concerns toward data security and backup. Entry level business organizations as well as individuals have started feeling the importance of data backup and storage. This factor is expected to keep the cash registers ringing.
Market Scope:
It is a known fact that digital era calls for storing and managing information. An increasing usage of online gaming, and internet media has created an unparalleled demand for storage architectures across the globe. The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud-based storage, NAS (network attached storage), and DAS (direct attached storage). NAS holds the largest market share as every user could share single storage device. However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.
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Market Segmentation:
The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography. By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs). By data storage technology, it says SAS (Serial Attached SCSI), DAS (Direct Attached Storage), NAS (Network Attached Storage), cloud-based storage, and others (fiber channel storage and IP based storage).
By industry vertical, the market states public sector, media & entertainment, healthcare & life sciences, financial services, and others (internet services and communications). By geography, it comprises Europe, North America, Asia Pacific, LATAM, and MEA.
Players:
The players contributing to the PELS market include HP, Hitachi Data Systems (HDS), Dell, Inc., EMC Corporation, IBM, Cisco Systems, Inc., Seagate Technology, Toshiba Corporation, Western Digital Corporation, and Symantec Corporation.
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Market Segment:
PELS Product Outlook (Revenue, USD Million, 2012 - 2020)
- Recordable Discs
- Hard Disk Drives
- Solid State Drives
- Cloud Storage
- Flash Drives
PELS Technology Outlook (Revenue, USD Million, 2012 - 2020)
- Serial Attached SCSI
- Direct Attached Storage
- Cloud Attached Storage
- Network Attached Storage
- Others
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The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come.
This factor is expected to keep the cash registers ringing.
The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud-based storage, NAS (network attached storage), and DAS (direct attached storage).
However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.
Market Segmentation: The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography.
By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs).
The global dimer acid market size is expected to value at USD 2.30 billion by 2024.
Rapid industrialization in developing economies across Asia Pacific and North America is anticipated to stimulate market expansion over the forecast period.In addition, rise in the number of manufacturing activities in the BRICS economies such as, Brazil, India, Russia, China, and South Africa is projected to expand market reach of dimer acid industry in the upcoming years.
Growing number of infrastructure activities for better residential as well as public infrastructure, particularly in Asia Pacific region are propelling market growth, in the recent years.
Globally, the dimer acid market is predicted to grow at CAGR of 4.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/dimer-acid-market/request-sampleIncreasing demand from building & construction sector is predicted to amplify market value of dimer acid over the forecast period.
These chemicals are also widely adopted for drilling, refining, and hydraulic fracturing activities.
Rise in the number of drilling activities across the globe to meet growing energy demand is estimated to favor growth of oilfield chemicals, thus fostering dimer acid demand as well.The dimer acid market is broadly categorized into three major segments based on the application type such as nonreactive polyamide resins, reactive polyamide resins, and oilfield chemicals.
The global serverless architecture market is expected to witness highly positive growth over the upcoming forecast period.
Adoption of serverless architecture empowers companies to direct their focus on core business activities.
Also, it reduces the cost of technology operations significantly.
Besides, serverless architecture is easy to deploy since planning for scaling, capacity planning and management, and other administrative activities associated with maintenance are taken care by the service provider.
The concept of serverless architecture is based on the paradigm of cloud computing.
Operational complexities and security and compliance issues remain other restraining factors to the growth of the market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6565SegmentationThe global serverless architecture market has been segmented based on services, organization size, and industry vertical.
The report "Passive Authentication Market by Component (Solution and Services), Business Function (Compliance Management, Risk Management, Marketing Management), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2023", The passive authentication market size is expected to grow from USD 492.8 Million in 2018 to USD 1,535.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period.
The growing need for the frictionless authentication among organizations is expected to drive the growth of the passive authentication market.
Moreover, the increasing demand among enterprises to deliver enhanced user experience is expected to drive the passive authentication market growth.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151421257The BFSI industry vertical is expected to account for the largest market size during the forecast period.The development of the BFSI industry vertical is dependent on the efficient utilization of advanced technologies that help maintain strong customer relationships, identify legitimate customers, and reduce risks.
Passive authentication solutions enable BFSI organizations to optimize their customer experience and revenues by leveraging the machine learning technology.
Moreover, passive authentication solutions help BFSI organizations to identify their customers by taking advantages of behavioural analytics that prevent new account frauds and enable legitimate customers to access their information.The Small and Medium-sized Enterprises segment is expected to grow at a higher CAGR during the forecast period.Organizations with less than 1,000 employees are categorized under the SMEs segment.
SMEs face some specific challenges, such as the requirement of the domain-specific technical personnel and skilled workforce, budget constraints, scalability, management control, and the limited economy of scale.
Market HighlightsThe necessity to sustain competitive advantage in several industry verticals is facing various supply-side challenges such as strong competition, speedily changing business models among other factors.
As companies want high expertise advisory and consulting teams that offer unique capability solutions, the demand for the strategic consulting market is expected to escalate.
The solutions, offered by consultants, comprise of a deep understanding of customer purchasing trends and offer a way for scalable, efficient, and sustainable operations.
The onset of digital transformation has made an important impact on the strategic consulting services available globally.The need to create scalable and sustainable operations is likely to spur the strategy consulting market 2020.
The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.
The need to prepare for contingencies such as natural disasters, pandemics, and international trade wars is expected to allow the market a better capability to deal with the challenges.
