According to the new market research report Universal Flash Storage Market by Capacity (32GB, 64GB, 128GB, 256GB, 512GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography - Global Forecast to 2023 ($5,650; 154 pages)), published by MarketsandMarkets, the market is estimated to be valued at $9.97 billion by 2023, at a CAGR of 18.6% between 2017 and 2023.
The SSD market is expected to increase by a CAGR of 14.4% through 2022, with the largest market being North and South America. The total market is forecast to reach $52.5 billion by 2022 from $26.8 billion in 2017, with the largest segment and most growth coming from SSDs with more than 1TB of storage, according to the report Solid-state Drives Technology: Global Market Analysis ($3,950,103 pages), by BCC Research.
According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, All Flash Array market revenue grew 48 percent year-over-year in 1Q17, reaching just over $1.3 B. “All Flash Array is the only segment growing in the external storage market space,” said Jimmy Yu, Vice President at Dell’Oro Group. “While the total market for external sto...
DataCore Software Corporation announced the results of its sixth annual survey (registration rquired), designed to explore the impact of major software-driven storage deployments within organizations across the globe. The survey distills the positive expectations, disappointments, and experiences of 426 IT professionals who are currently using or evaluating software-defined storage (SDS), hyperconverged and cloud storage to solve critical storage challe...
Rubrik, Inc. announced a $180 million series D investment led by IVP with strong participation from Lightspeed Venture Partners and Greylock Partners, bringing total equity raised to $292 million. With a run-rate approaching $100 million, and several hundred enterprise customers adopting its Cloud Data Management, Rubrik has established a record setting growth in six quarters of selling.
Organizations are adopting more virtualized workloads and flash storage in hybrid data center environments, according to the 2017 State of Storage in Virtualization report released by ActualTech Media LLC and Tegile Systems, Inc.
Promise Technology Inc. alerts its customers and partners in rich media markets that the company is no longer being represented anywhere by Symply Inc. As of March 2, 2017, Promise acquired the sales and support of all current Symply products and will resume sales of Promise branded rich media products.
Predictions for the trajectory of enterprise solid state devices (SSD) vary widely. In fact, the old definition of SSD as a solid state drive – one that could be put into a hard drive slot – appears to be vanishing rapidly as more form factors appear.
2016 was globally the worst year for start-ups. VCs were much more reluctant to invest in storage. There were only 36 financial rounds during the year, the lowest figure since 2003 (!) for a total amount of only $907 million, the lowest amount since 2011, about twice less than the former year. The highest round was $77 million for Upthere in 2016, $175 million for Simplivity in 2015, and $900 million for Cloudera in 2014.
Cavium, Inc., San Jose, CA, has been assigned a patent (9,501,245) developed by Hussain, Muhammad Raghib, Saratoga, CA, Murgai, Vishal, Cupertino, CA, Panicker, Manojkumar, Sunnyvale, CA, Masood, Faisal, San Jose, CA, Folsom, Brian, Northborough, MA, and Kessler, Richard Eugene, Northborough, MA, for a "systems and methods for NVMe controller virtualization to support multiple virtual machines running on a host."