All-Flash Array Market Cooler and Faster

  • Block storage to be dominant in AFA market during forecast period
  • Custom Flash Module (CFM) based All-Flash Array (AFA) market to grow at highest CAGR during forecast period
  • The Rest of the World region is expected to grow at the highest CAGR during forecast period.

The all-flash array market was valued at $5.9 billion in 2018 and is expected to reach $17.8 billion by 2023, at a CAGR of 24.53% from 2018 to 2023. Major growth drivers are increasingly being used in data centers. Further, factors such as flexibility, installation, maintenance, and size are also driving the All-Flash Array (AFA) market.

Increasing need for real-time data processing and increasing deployment of AFA storage in artificial intelligence (AI) and machine learning (ML) applications are expected to fuel market growth in the coming years. Issues related to performance and drive failure are acting as a major challenge for the growth of the all-flash array market

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Custom Flash Module (CFM) based All-Flash Array (AFA) market to grow at highest CAGR during forecast period.

Custom Flash Module (CFM) currently holds less share in the All-Flash Array (AFA) market; however, it is expected to grow at a faster rate. The high growth of CFM can be attributed to improved space efficiency, power, performance, price, capacity density, and flexibility. Currently, a small number of AFA vendors (such as Violin Memory and IBM) use CFMs; however, demand for CFMs is expected to increase in future because of their advantages such as less physical space, less power, and less cooling.

Block Storage

Block storage is often used in high-performance applications, such as databases, or for transactions because the data can be accessed, modified, and saved in real time. Further, block flash storage is used within the Cladistics platform that uses RAID technology for data protection, creation of extra physical copies, while managing the big data implementations more efficiently. With advantages such as better scalability, management simplicity, built-in data protection, efficiency, and performance compared to other storage technologies, block storage is currently the preferred storage solution in the AFA market.

Regional Analysis

The AFA market in RoW is expected to grow at a faster rate during the forecast period. The Middle East has high opportunities in the energy industry. The oil and gas industry requires advanced data computing, processing, and storage solutions to analyze seismic data. Africa is expected to quickly

The Rest of the World region is expected to grow at the highest CAGR during forecast period.

adopt the cloud storage market. Brazil and other Middle Eastern countries are expected to grow considerably in aerospace & defense, energy, education & research, and media & entertainment, generating demand for data storage to adopt the advanced operations through data analytics.

Key Players

Key players in the AFA market include Dell (US), Hewlett Packard Enterprise (HPE) (US), NetApp (US), Pure Storage (US), IBM (US), Huawei (China), Western Digital (US), Hitachi (Japan), Kaminario (US), and Micron (US).

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prashant Vir

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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