Middle East Data Storage Market Poised to Rake in US$ 6,537.6 Mn by 2025

According to a new market report published by Future Market Insights, titled “Data Storage Market: Middle East Industry Analysis and Opportunity Assessment, 2015 – 2025,” the Middle East data storage market was valued at US$ 1,475.9 Mn in 2014 and is expected to register a CAGR of 14.4% from 2015 to 2025. Growth of the Middle East data storage market is primarily driven by declining prices of consumer storage devices and advancements in information and social technology.

On the basis of application, the data storage market is segmented into consumer data storage devices and enterprise data storage. The consumer data storage segment is further sub-segmented into Hard Disk Drive (HDD), Solid State Devices (SSD), memory card, optical disk and USB flash drive. The enterprise data storage segment is further sub-segmented into flash storage and hard disk, cloud based storage, software-defined storage and hyper-converged infrastructure. In the consumer data storage segment, the reduction in cost of Solid State Devices (SSD) is contributing immensely to the growth of the segment. The consumer data storage devices segment was valued US$ 275.5 Mn in 2014 and is anticipated to register a CAGR of 12.4% during the forecast period 2015-2025. In terms of volume, the hard disk drive segment accounted for 1,533.0 thousand units in 2016 and is expected to expand at a CAGR of 12.1% during the forecast period. The enterprise data storage segment is anticipated to expand at a CAGR of 14.8% during the forecast period in terms of revenue. Enterprise data storage is a common repository for business information, ensuring common data management and providing data recovery solutions. Strong growth witnessed in the cloud computing (due to increased spending on storage by service provider) is the primarily contributing to the growth of the enterprise data storage segment in the market.

Browse the full “Data Storage Market: Middle East Industry Analysis and Opportunity Assessment, 2015-2025” market research report at http://www.futuremarketinsights.com/reports/middle-east-data-storage-market

The cloud based storage sub-segment is expected to expand at the highest CAGR of 19.1% during the forecast period in terms value. Stability and flexibility offered by the enterprise storage, coupled with its lower cost, is the prime reason responsible for the robust adoption of cloud based storage across the globe. Cloud computing is a hassle-free and cost-effective data storage facility. Recently, in 2014, NetApp Inc. reported that its revenue from cloud computing service doubled from that in 2013. In addition, NetApp announced that, globally, over 200 cloud services were based on its technology. EMC Corporation is also aggressively targeting the cloud storage market in the region.

Surge in demand for smartphones and other IoT devices and rise in number of social media channels are among the major factors that have increased the need for additional storage facility, which in turn is further driving growth of the enterprise data storage segment. Increased adoption of cloud based storage in small and medium-sized business (SMBs) and in-house data centres is the primary factor responsible for driving growth of the market in the Levant region. Various verticals, including BFSI and telecommunication and IT, are investing highly on the IT platform for improving their ease of operation, as compared to the conventional storage platform.

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The data storage market in the GCC region is primarily driven by the emergence of Internet of everything (IoE) and Big Data. Rise in number of consumers on social media networks, increase in broadband Internet penetration and proliferation of smartphones are factors that have led to a significant increase in cloud and data center traffic in GCC countries such as UAE and Saudi Arabia.

Growth of the storage flash array sub-segment is a potential revenue opportunity in this market. Flash-based devices reduce data access time and increase an application’s performance speed. Data storage solutions vendors are expected to leverage huge benefits from the growing storage flash array sub-segment in view of the increasing demand for Solid-Sate Drives (SSD) and memory cards.

Leading players in the market are focusing on expanding their cloud offerings portfolio. For instance, Microsoft Corporation is investing significantly in cloud storage solutions by building additional data centres and increasing its cloud storage capacity in the existing regions. The company is also increasing its hybrid cloud offerings portfolio through Store Simple and In Mage (a hybrid online cloud storage service for enterprises). Additionally, EMC Corporation is focusing on offering hybrid services by partnering with hybrid cloud service providers around the world.

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Key players in the Middle East data storage market include IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., Sandisk Corporation, Hitachi Data Systems Corporation, EMC Corporation, and Nexenta Systems, Inc.

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Hard Drive Data Recovery Milwaukee Offers Excellent Services

SSD Data Recovery
by Schill

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Westlake Technologies Enhances Partnership with Nexsan as Gold Partner Member of New Tiered Channel

SSD Data Recovery
by Schill

CAMPBELL, Calif, and THOUSAND OAKS, Calif, March 23, 2016 – Nexsan™, a global leader in secure storage, backup and data management solutions, and Westlake Technologies Inc., a nationwide VAR focused on business data archiving, corporate disaster recovery, SANs storage, critical data backup and data recovery services, today announced the expansion of their partnership. Westlake Technologies, a Nexsan Gold partner, will now expand its Nexsan solution offerings to include Nexsan’s Transporter-brand private cloud file sync and share appliances in addition to a complete range of Nexsan-branded unified hybrid storage, high-density storage and secure archive storage systems.

“Nexsan delivers one of the most robust storage portfolios to achieve the innovative storage, protection and management of valuable business data,” said Jennifer Manzano, CEO Westlake Technologies Inc. “WTI has increased its total annual revenue by more than 50 percent by offering Nexsan products. Now, with the addition of its Transporter private cloud file sync and share applications, it has further extended its offerings to provide the powerful collaboration and file sharing security our customers demand. We are pleased to expand our Nexsan partnership.”

Nexsan has recently added the Transporter private cloud storage appliance family to the Nexsan Channel Partner Program, enabling existing partners to capitalize on the explosive file sync and share marketing with an innovative private cloud storage solution that delivers true collaboration flexibility while securely retaining shared content behind a company’s firewall. Nexsan Channel Partner Program members also offer a complete line of NSTTM unified hybrid storage systems which leverage SSD for high performance and can scale to 5PBs; E-SeriesTM high-density storage systems for up to 360TBs in a 4U rack; BEAST ideal solution for high volume applications including digital video surveillance, big data repositories, data archives and disk-to-disk backup and AssureonTM secure archive storage systems which efficiently secure data for regulated applications.

The newly expanded Nexsan Channel Partner Program offers performance-based incentives based on three program tiers: Gold, Silver and Bronze. Each tier receives program benefits in alignment with their sales attainment goals including new support and services designed to share the cost of tactical program execution. New benefits for qualified partners include market development funds for shared marketing programs, LeadGuardTM opportunity registration for deal opportunity protection, aggressive commercial models for fast profitable sales and demo equipment access for testing and proof of concept demonstrations. Nexsan also provides extensive training and certification paths for partners that engage in exceptional professional services delivery and partners have 24 x 7 access to the world-class Nexsan partner portal which offers a wealth of resources, marketing content, sales tools email campaigns, promotions and more.

“Westlake Technologies is an ideal partner for Nexsan. They take an expert, consultative approach to delivering the innovative, efficient and reliable storage solutions customers need to optimize their resources and their budgets,” said Russ Johnson, CRO, Nexsan. “They are a valued member of our partner program and we look forward to delivering a new era of storage solutions that add strategic value to customers.”

To learn how to join the Nexsan Partner Program, please visit: http://nexsan.com/nexsan-partners.

Tweet this: Westlake Technologies Enhances Partnership with @Nexsan for secure #storage, #backup and #data management

Press Contact:
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Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, Connected Data, the Connected Data logo, Transporter, E-Series, NST, AutoMAID, Assureon and Memorex are trademarks or registered trademarks of Imation Corp. All other trademarks are property of their respective

The Computer Repair Services in Milwaukee

SSD Data Recovery
by quapan

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