Next-Generation Data Storage Market Size, Scope 2022-2028
The global next-generation data storage market size was valued at USD 57.6 billion in 2021 and is poised to grow at a significant CAGR of 8.5% during the forecast period 2022-28. In order to deal with expanding file sizes and a massive volume of unstructured data, next generation data storage technology consists of enhanced data storage products and solutions. Data can be recovered in a secure and dependable manner using next-generation data storage. It has made scalable storage and handling of huge organisations' massive amounts of unstructured data possible. In addition, next-generation data storage is employed in a variety of industries, including BFSI, healthcare, and retail.