Europe Storage Accelerator Market Size, Share & Industry Trends Analysis Report By Technology, By Processor Type (GPU, ASIC, CPU and FPGA), By Application, By Enterprise Size (Large Enterprises and SMEs), By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Europe Storage Accelerator Market
Market Report Description
The Europe Storage Accelerator Market would witness market growth of 29.1% CAGR during the forecast period (2022-2028).
In the computer storage hierarchy, a solid-state drive (SSD) is essentially a solid-state storage device, which uses integrated circuit (IC) assemblies to store data permanently, generally using flash memory. Additionally, SSDs are a type of Direct Area Storage (DAS). Direct-attached storage, sometimes referred to as direct-area storage, is a storage that is frequently done nearby and immediately connected to a computing machine.
It frequently has no other devices attached to it. Multiple SSDs are put together to form a storage accelerator. The typical computing system's CPU and main memory are unable to meet the memory and processing requirements of the expanding large-scale applications. To meet these problems, heterogeneous computing systems, which are made up of specialized accelerators and high-performance storage, have proven to be superior in several computing fields.
Placing processing on the memory itself has proven to be advantageous for big volumes of data that are generally kept in a secondary storage array. Storage processing can take full advantage of the considerably large internal bandwidth related to the financially provisioned communications link and reduce store access lag and data movement overhead.
The ability of UK governments, corporations, organizations, and public services to share crucial information ethically, quickly, and in a timely manner during the pandemic has allowed individuals to work-from-home. This has further helped in maintaining the economy in the midst of an unprecedented period of disruption. It has become crucial that organizations maximize what they have learned. The National Data Strategy seeks to achieve precisely that, expanding on the manifesto commitment to enhance the use of data in government.
The Germany market dominated the Europe Storage Accelerator Market by Country in 2021; thereby, achieving a market value of $4.2 billion by 2028. The UK market is exhibiting a CAGR of 28% during (2022 - 2028). Additionally, The France market would experience a CAGR of 30% during (2022 - 2028).
Based on Technology, the market is segmented into NAND Flash Memory, Erasable Programmable Reas Only Memory (EPROM) and Others. Based on Processor Type, the market is segmented into GPU, ASIC, CPU and FPGA. Based on Application, the market is segmented into Data Center Servers, High-Performance Computing and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Storage Accelerator Market will Hit $64.2 Billion by 2028, at a CAGR of 29.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Intel Corporation, Kingston Technology Company, Inc., Micron Technology, Inc., Nvidia Corporation, Qualcomm, Inc., Samsung Electronics Co., Ltd., Seagate Technology Holdings Public Limited Company and Kioxia Holdings Corporation.
Scope of the Study
Market Segments Covered in the Report:
- NAND Flash Memory
- Erasable Programmable Reas Only Memory (EPROM)
By Processor Type
- Data Center Servers
- High-Performance Computing
By Enterprise Size
- Large Enterprises
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- IBM Corporation
- Intel Corporation
- Kingston Technology Company, Inc.
- Micron Technology, Inc.
- Nvidia Corporation
- Qualcomm, Inc.
- Samsung Electronics Co., Ltd.
- Seagate Technology Holdings Public Limited Company
- Kioxia Holdings Corporation
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