Worldwide Personal And Entry Level Storage Market Is Majorly Driven By Growing Concerns Over Data Security, Storage And Backup Till 2020: Grand View Research, Inc.
June 19, 2017 --
The global Personal and Entry Level Storage (PELS) market is expected to grow at a lucrative rate due to the continuous increase in the amount of data and increasing complexities in handling a large amount of data. With growing concerns over data security, storage and backup are some of the generic factors for the growth of PELS market.
Full research report on PELS Market Analysis: http://www.grandviewresearch.com/industry-analysis/personal-and-entry-level-storage-pels
Various types of services/products under PELS include solid-state drives, cloud based drives, hard disk drives, network attached storage and recordable discs. Solid state drives are made up of data storage drives using various integrated circuits and networks. The solid state storage is made up of silicon microchips with no mechanical part in it, which makes it shock protective with less power and less weights.
The PELS market by technology segmented into five categories, namely, directly attached storage, network attached storage, cloud storage technology, signal attached SCSI and others such as IP or fiber based storage. Directly attached storage is connected to the server or workstation without any storage network in between.
The demand for PELS is expected to grow at higher rates in the North American market because of comparatively large base of entertainment industry. Increase in trend of social media and online platform and sharp boom in service oriented industries in developing countries of Asia Pacific is expected to drive the PELS market in the region.
The PELS market is customer-oriented by nature with companies such as IBM, NETApp, Symantec, Cisco, CA Technologies, HP, Dell, EMC and Hitachi Data Systems as key players in market. EMC is the market leader of PELS with maximum market share followed by IBM, Hitachi Data System and HP.
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