Growth projections of the MEA data storage market
The data storage market in the Middle East & Africa has been steadily growing, mainly driven by investments from telecom operators and financial institutions. However, the market is facing certain growth challenges brought about by heavy administrative constraints, lengthy decision making periods, unexpected delays, and a lack of visibility on the execution of pipeline projects. Additionally, there is an increasing traction towards converged infrastructure solutions, in which the vendors’ package servers, storage, software, networking and other data centre components into pre-configured solutions tailored to meet the needs of a particular enterprise.
Advancements in information and social technology have paved the way for unabated data growth in the MEA region
Business enterprises have now moved from compression techniques and duplication to data servers and rack servers to manage the development and growth of big data. However, there has been tremendous growth witnessed across business enterprises, and the currently available technologies are not adequate to meet the growing requirements of the enterprise. Therefore businesses are fast moving towards scale out architecture such as storage virtualisation and hyper converged infrastructure from traditional scale up architecture. This offers enterprises an improved and scalable platform solution that is cost effective and efficient. Also, an increasing demand for smartphones and other devices underpinned by the Internet of Things (IoT) along with a massive growth in social media channels has also increased the demand for additional storage, which is driving the growth in demand for advanced data storage solutions in MEA.
Data Storage Market: Middle East & Africa Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2025)Buy Now
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