Key Insights
The Asia-Pacific (APAC) next-generation storage market is experiencing robust growth, driven by the increasing adoption of cloud computing, big data analytics, and the Internet of Things (IoT). The region's burgeoning digital economy, coupled with rising investments in data centers and digital infrastructure, fuels this expansion. The market is segmented by storage system (DAS, NAS, SAN), storage architecture (FOBS, Block Storage), and end-user industry (BFSI, Retail, IT & Telecom, Healthcare, Media & Entertainment, Others). While precise market sizing for 2025 is unavailable, based on the provided 14.30% CAGR and a plausible assumption of a 2024 market size within the range of $10 billion to $15 billion (influenced by global market trends), we can estimate the 2025 APAC next-generation storage market size to be between $11.43 billion and $17.15 billion. The strong CAGR suggests continued substantial growth throughout the forecast period (2025-2033), with significant contributions expected from countries like China, India, Japan, South Korea, and Australia, driven by their respective digital transformation initiatives. Challenges remain, including data security concerns and the need for robust cybersecurity infrastructure to manage the escalating volume of data.
The rapid growth is primarily driven by the increasing demand for high-performance computing, advanced analytics, and improved data management capabilities across various sectors. The transition to cloud-based storage solutions, along with the adoption of advanced storage technologies such as NVMe and flash storage, is accelerating the market's expansion. However, factors like high initial investment costs for advanced storage systems and the complexities associated with data migration and integration can potentially restrain market growth. Nevertheless, the overall outlook for the APAC next-generation storage market remains exceptionally positive, driven by ongoing technological advancements and increasing digitalization across the region. The market is anticipated to witness substantial expansion across all segments, with NAS and SAN technologies likely to dominate due to their scalability and performance advantages in enterprise environments.

APAC Next Generation Storage Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Asia-Pacific (APAC) next-generation storage market, offering valuable insights for industry professionals, investors, and strategists. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report leverages historical data (2019-2024) to project future market trends. The market is segmented by storage system (DAS, NAS, SAN), storage architecture (FOBS, Block Storage), end-user industry (BFSI, Retail, IT & Telecom, Healthcare, Media & Entertainment, Others), and country across the APAC region. Key players analyzed include Samsung Electronics, Toshiba Corporation, HP, Pure Storage Inc, Netgear Inc, Dell Inc, NetApp Inc, Hitachi Ltd, SanDisk Corporation, and IBM.
APAC Next Generation Storage Market Structure & Innovation Trends
This section analyzes the APAC next-generation storage market's competitive landscape, innovation drivers, and regulatory influences. The market exhibits a moderately concentrated structure, with the top five players holding an estimated xx% market share in 2025. Innovation is driven primarily by the increasing demand for cloud storage solutions, the proliferation of big data, and the growing adoption of AI and machine learning. Regulatory frameworks, such as data privacy regulations (e.g., GDPR’s influence on APAC), significantly impact market growth. Product substitutes, such as cloud-based storage services, exert competitive pressure. Significant M&A activity, with a total deal value of approximately $xx Million in 2024, indicates ongoing consolidation within the sector.
- Market Concentration: Top 5 players hold xx% market share (2025).
- Innovation Drivers: Cloud storage, big data, AI/ML adoption.
- Regulatory Factors: Data privacy regulations influence market dynamics.
- M&A Activity: Total deal value of approximately $xx Million in 2024.

APAC Next Generation Storage Market Dynamics & Trends
The APAC next-generation storage market is experiencing robust growth, driven by factors such as increasing digitalization, expanding cloud adoption, and the surging demand for data storage across various sectors. Technological advancements, including NVMe technology and the rise of software-defined storage (SDS), are revolutionizing the market. Consumer preference is shifting towards scalable, cost-effective, and secure storage solutions, especially cloud-based services. Competitive dynamics are marked by intense rivalry among established players and the emergence of new entrants offering innovative solutions. The market is projected to exhibit a CAGR of xx% during the forecast period (2025-2033), with a market penetration rate of xx% in 2033 across targeted segments.

Dominant Regions & Segments in APAC Next Generation Storage Market
China and India dominate the APAC next-generation storage market, driven by robust economic growth, expanding digital infrastructure, and increasing government initiatives to promote digital transformation. Within the storage system segment, NAS and SAN solutions hold a significant share, driven by their scalability and ease of management. Block storage dominates the storage architecture segment due to its performance benefits. The IT and Telecom, BFSI, and Media & Entertainment sectors show the strongest growth among end-user industries.
- Key Drivers in China & India: Rapid economic growth, strong digital infrastructure investments, government support for digital transformation.
- Dominant Storage Systems: NAS and SAN due to scalability and manageability.
- Dominant Storage Architecture: Block storage due to superior performance.
- Leading End-User Industries: IT & Telecom, BFSI, and Media & Entertainment.
APAC Next Generation Storage Market Product Innovations
The APAC next-generation storage market witnesses continuous product innovation focused on improving storage capacity, performance, and efficiency. Advancements in NVMe technology, improved data protection mechanisms, and the integration of AI/ML for data management are key trends. These innovations enhance storage systems' overall efficiency and align with growing market demands for superior performance and data security, driving market expansion and attracting new clients.
Report Scope & Segmentation Analysis
This report comprehensively segments the APAC next-generation storage market by storage system (DAS, NAS, SAN), storage architecture (FOBS, Block Storage), and end-user industry (BFSI, Retail, IT & Telecom, Healthcare, Media & Entertainment, Others). Each segment’s growth projections, market size, and competitive dynamics are analyzed, providing a detailed understanding of the market landscape. For example, the NAS segment is expected to experience significant growth due to its flexibility and affordability. Similarly, the BFSI sector demonstrates high growth potential because of its increasing reliance on data-driven decisions.
Key Drivers of APAC Next Generation Storage Market Growth
The APAC next-generation storage market's growth is propelled by several factors: the surging demand for data storage due to digital transformation across various industries, the rapid adoption of cloud computing and big data analytics, and the increasing need for secure and reliable storage solutions. Government initiatives promoting digital infrastructure development further fuel market expansion. Technological advancements, such as NVMe and SDS, contribute to increased storage capacity and efficiency.
Challenges in the APAC Next Generation Storage Market Sector
The APAC next-generation storage market faces challenges such as high initial investment costs for advanced storage solutions, the complexity of managing diverse storage environments, and the growing concerns about data security and privacy. Supply chain disruptions and the intense competition among numerous vendors also pose significant challenges. These factors hinder market growth to varying degrees across segments and geographical locations.
Emerging Opportunities in APAP Next Generation Storage Market
The APAC next-generation storage market presents several promising opportunities. The expanding adoption of IoT and edge computing creates a demand for distributed storage solutions. The increasing adoption of hybrid and multi-cloud strategies offers opportunities for vendors providing integrated storage management solutions. Furthermore, the growing focus on data analytics and AI/ML presents opportunities for vendors providing storage solutions optimized for these technologies.
Leading Players in the APAC Next Generation Storage Market Market
- Samsung Electronics
- Toshiba Corporation
- HP
- Pure Storage Inc
- Netgear Inc
- Dell Inc
- NetApp Inc
- Hitachi Ltd
- SanDisk Corporation
- IBM
Key Developments in APAC Next Generation Storage Market Industry
- October 2021: Alibaba Cloud launches its first local data center in South Korea, expanding its cloud services across the region.
- November 2021: Oracle Corporation and Bharti Airtel partner to introduce cloud solutions for enterprise customers in India, expanding Oracle's cloud capacity.
Future Outlook for APAC Next Generation Storage Market Market
The APAC next-generation storage market is poised for continued growth, driven by technological advancements, increasing digitalization across various sectors, and supportive government policies. The market's future potential is substantial, with ample opportunities for vendors offering innovative and cost-effective storage solutions. Strategic partnerships and investments in research and development will be crucial for sustained success in this dynamic market.
APAC Next Generation Storage Market Segmentation
-
1. Storage System
- 1.1. Direct Attached Storage (DAS)
- 1.2. Network Attached Storage (NAS)
- 1.3. Storage Area Network (SAN)
-
2. Storage Architecture
- 2.1. File and Object-based Storage (FOBS)
- 2.2. Block Storage
-
3. End-User Industry
- 3.1. BFSI
- 3.2. Retail
- 3.3. IT and Telecom
- 3.4. Healthcare
- 3.5. Media and Entertainment
- 3.6. Other End-User Industries
APAC Next Generation Storage Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. ASEAN
- 1.6. Oceania
- 1.7. Rest of Asia Pacific

APAC Next Generation Storage Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 14.30% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing digitalization across the banking industry; Rising e-commerce industry
- 3.3. Market Restrains
- 3.3.1. Data security concerns
- 3.4. Market Trends
- 3.4.1. Retail end-use industry is expected to register significant growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. APAC Next Generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Storage System
- 5.1.1. Direct Attached Storage (DAS)
- 5.1.2. Network Attached Storage (NAS)
- 5.1.3. Storage Area Network (SAN)
- 5.2. Market Analysis, Insights and Forecast - by Storage Architecture
- 5.2.1. File and Object-based Storage (FOBS)
- 5.2.2. Block Storage
- 5.3. Market Analysis, Insights and Forecast - by End-User Industry
- 5.3.1. BFSI
- 5.3.2. Retail
- 5.3.3. IT and Telecom
- 5.3.4. Healthcare
- 5.3.5. Media and Entertainment
- 5.3.6. Other End-User Industries
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Storage System
- 6. North America APAC Next Generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1.
- 7. Europe APAC Next Generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1.
- 8. Asia Pacific APAC Next Generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1.
- 9. Latin America APAC Next Generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1.
- 10. Middle East and Africa APAC Next Generation Storage Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Samsung Electronics
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Toshiba Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 HP
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Pure storage Inc
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Netgear Inc
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Dell Inc
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 NetApp Inc
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Hitachi Lt
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 SanDisk Corporation
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 IBM
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Samsung Electronics
List of Figures
- Figure 1: APAC Next Generation Storage Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: APAC Next Generation Storage Market Share (%) by Company 2024
List of Tables
- Table 1: APAC Next Generation Storage Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: APAC Next Generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 3: APAC Next Generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 4: APAC Next Generation Storage Market Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 5: APAC Next Generation Storage Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: APAC Next Generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: APAC Next Generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 9: APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: APAC Next Generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 11: APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: APAC Next Generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: APAC Next Generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 15: APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: APAC Next Generation Storage Market Revenue Million Forecast, by Storage System 2019 & 2032
- Table 17: APAC Next Generation Storage Market Revenue Million Forecast, by Storage Architecture 2019 & 2032
- Table 18: APAC Next Generation Storage Market Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 19: APAC Next Generation Storage Market Revenue Million Forecast, by Country 2019 & 2032
- Table 20: China APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: India APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Japan APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: South Korea APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: ASEAN APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Oceania APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Asia Pacific APAC Next Generation Storage Market Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the APAC Next Generation Storage Market?
The projected CAGR is approximately 14.30%.
2. Which companies are prominent players in the APAC Next Generation Storage Market?
Key companies in the market include Samsung Electronics, Toshiba Corporation, HP, Pure storage Inc, Netgear Inc, Dell Inc, NetApp Inc, Hitachi Lt, SanDisk Corporation, IBM.
3. What are the main segments of the APAC Next Generation Storage Market?
The market segments include Storage System, Storage Architecture, End-User Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growing digitalization across the banking industry; Rising e-commerce industry.
6. What are the notable trends driving market growth?
Retail end-use industry is expected to register significant growth.
7. Are there any restraints impacting market growth?
Data security concerns.
8. Can you provide examples of recent developments in the market?
October 2021 - Alibaba Cloud, a part of Alibaba Group, announced its new and first local data center in South Korea. The initiative aims to offer more secure, scalable, and reliable cloud services to its customers across the region. Moreover, following the development, the new data center will extend the Alibaba Cloud's offerings, that range from a database, storage, elastic compute, network services, and security to ML and data analytics capabilities, in the South Korea region.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "APAC Next Generation Storage Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the APAC Next Generation Storage Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the APAC Next Generation Storage Market?
To stay informed about further developments, trends, and reports in the APAC Next Generation Storage Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence