How big is the Data Centre Storage Market

Q: What is the market size of the data centre storage market in 2025 and 2031?

The data centre storage market is projected to reach approximately USD 48 billion in 2025 and around USD 110 billion by 2031.

Q: What is the CAGR of the data centre storage market between 2025 and 2031?

The data centre storage market is expected to grow at a CAGR of 12.5% during the forecast period.

Q: What are the key trends in the data centre storage market?

Key trends of data centre storage market include adoption of software-defined storage, NVMe-based solutions, hybrid cloud storage, and automation in storage management.

Q: What are the main drivers of the data centre storage market?

The data centre storage market is driven by growing data volumes, increased cloud usage, demand for fast and secure storage, and advances in storage infrastructure technologies.

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How big is the Data Centre Storage Market | Market Size and Trends 2025

Code: MTA5713

Publication Date: Jul 2025

What is the data centre storage Market Size?

According to 绿帽社 internal database and industry insights, the data centre storage market was valued at USD 48 billion in 2024 and is anticipated to exceed USD 110 billion by 2031, registering a steady at a CAGR of 12.5% during the forecast period.

This market is witnessing strong growth driven by the exponential rise in data generation, increasing cloud adoption, and the need for scalable, secure, and high-speed data infrastructure. The surge in AI workloads, edge computing deployments, and digital transformation across industries is further propelling market expansion. Additionally, rising demand for hyperconverged infrastructure and hybrid storage solutions is reshaping how data centres manage and store vast volumes of information.

Major Growth Factors of the data centre storage market

Growing volume of data from enterprise and consumer applications
Rising adoption of cloud computing services
Increasing demand for scalable and high-performance storage systems
Expansion of hyperscale data centres
Proliferation of edge computing and IoT
Emergence of AI and ML workloads requiring fast storage
Technological innovations in SSDs and storage virtualization
Focus on data security, backup, and disaster recovery

Data Centre Storage Market Trends

The data centre storage market is witnessing a shift toward software-defined storage, NVMe-based solutions, and cloud-integrated storage systems. There is increasing adoption of hybrid and multi-cloud strategies, prompting the need for flexible storage architectures. Organizations are prioritizing energy-efficient and high-density storage systems to optimize operational costs and performance. Demand for automated data management and real-time analytics is also shaping the market direction. Emerging Developments in the Escape Room Industry

Emerging Developments in the Data Centre Storage Market

The data centre storage market is evolving with the rise of AI-powered storage optimization, edge-to-core data integration, and storage-as-a-service models. Major players are investing in next-gen technologies such as DNA data storage and quantum storage to future-proof infrastructure. Strategic alliances between cloud providers and storage hardware vendors are further driving innovation and market competitiveness.