Computational Storage Market by Type (Fixed Computational Storage Services (FCSS), Programmable Computational Storage Services (PCSS)), End User (Enterprise Storage, Automotive & Transportation, Military & Aerospace, Industrial, Telecommunication, Energy & Power, Healthcare, Agricultural, Retail & Others) ) and Region – Global Forecast 2027
By Type, Fixed Computational Storage Services (FCSS) segment is projected to account for a high share of the Computational Storage market from 2022 to 2027.
The market share held by Fixed Computational Storage Services (FCSS) segment is anticipated to be high as compared to its counterpart. FCSS are designed for distinct data-and-compute-intense tasks such as data encryption or compression. FCSS offers better performance and is more cost-effective, hence, many companies are inclined towards working on organic strategies for FCC development and product placement in the market. Key technology development happening in the market are related to accelerating storage layer features to move computing to storage, thereby reducing data bottlenecks while processing.
Cloud Services Provider Segment is a high growth market
The demand for computing storage has rapidly increased with the emergence of cloud platforms – from traditional private and new public clouds to personal clouds in homes. The demand for cloud service providers is driven by factors such as increased adoption of hybrid cloud storage; sizable growth of Internet of Things (IoT); growing need for enterprise mobility for enhanced efficiency; and the need to reduce operational expenditure (OPEX) and capital expenditure (CapEx).
North America region is expected to hold the largest share of the market during the forecast period.
The increasing volume of unstructured data across various sectors and the emergence of newer and frequent technology development have led to increasing demand for secure, reliable, and cost-effective solutions in North America. For instance, advent of online shopping in retail; adoption of telemedicine and patient analytics in healthcare; data sharing in media and entertainment; adoption of robotic process automation (RPA) and machine learning (ML) in manufacturing; digitalization and big data analytics with cloud migration in government and telecommunications sectors generates volume of data. Processing such a set of data sometimes becomes challenging to manage. To pace up the data processing, computational storage is required, which offers in-storage computing. This manages the data processing at storage front and frees up the CPU for other priority tasks.
Key Market Players
The key players operating in the Computational Storage market are Arm Limited (UK), IBM (US), Intel Corporation (US), Microsoft Corporation (US), ScaleFlux (US), Nvidia (US), NetApp (US), Pilops (US), and AMD (US), among others.
Recent Developments
- In August 2022, SK Hynix and Los Alamos announced their collaboration to co-develop a prototype of a computational storage device.
- In September 2022, ScaleFlux announced its partnership with TD SYNNEX, aiming to broaden its access in the computational storage market.
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TABLE OF CONTENTS
1 Introduction
1.1. Study Objective
1.2. Definition
1.3. Study Scope
1.4. Stakeholders
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Driver
5.2.2. Restraints
5.2.3. Opportunities
5.2.4. Challenges
5.3. Trends
5.3.1. Technology Trend
5.3.2. Market Trend
5.3.3. Industry Trend
5.4. Value Chain Analysis
5.5. Ecosystem
5.6. Trends/Disruptions Impacting Customer’ Business
5.7. Porter’s Five Forces Analysis
5.8. Pricing Analysis
5.9. ASP of Key Players, by Type
5.10. Case Study Analysis
5.11. Trade Analysis
5.12. Patent Analysis
5.13. Key Conferences & events in 2022-23
5.14. Market Standards & Regulations
5.15. Key Stakeholders & Buying Criteria
5.16. Regulatory Bodies, Government Agencies & Other Organizations
6 Global Computational Storage Market, By Type
6.1. Introduction
6.2. Fixed Computational Storage Services (FCSS)
6.3. Programmable Computational Storage Services (PCSS)
7 Global Computational Storage Market, By End-Use
7.1. Introduction
7.2. Enterprise Storage
7.2.1. BFSI
7.2.2. Consumer Goods
7.2.3. Retail
7.2.4. Healthcare
7.2.5. Media & Entertainment
7.2.6. Manufacturing
7.2.7. Others
7.3. Government
7.4. Cloud Service Providers
7.5. Telecommunication
8 Global Computational Storage Market, By Region
8.1. Introduction
8.2. North America
8.2.1. US
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. UK
8.3.2. Germany
8.3.3. France
8.3.4. Rest of Europe
8.4. APAC
8.4.1. China
8.4.2. Japan
8.4.3. South Korea
8.4.4. Rest of the APAC
8.5. RoW
8.5.1. Middle East
8.5.2. Africa
8.5.3. South America
9 Competitive Landscape
9.1. Introduction
9.2. Key Player Strategies/Right to Win
9.3. Top 5 Company Revenue Analysis
9.4. Market Share Analysis (2021)
9.5. Company Evaluation Quadrant
9.6. SME Quadrant
9.7. Company Footprint
9.8. Startup Matrix
9.9. Competitive Benchmarking
9.10. Competitive Scenario
9.10.1. Deals - Joint Venture, Partnership, and M&A
9.10.2. Product Launch and Development
10 Company Profiles
10.1. Key Players
10.1.1. Advanced Micro Devices, Inc
10.1.2. AIC Inc.
10.1.3. Arm Limited
10.1.4. Bittware
10.1.5. Dell Inc.
10.1.6. Western Digital
10.1.7. IBM
10.1.8. Intel Corporation
10.1.9. Kioxia
10.2. Other Players
10.2.1. NETINT TECHNOLOGIES
10.2.2. NGD
10.2.3. Nyriad
10.2.4. PHISON ELECTRONICS
10.2.5. Pliops
10.2.6. ScaleFlux, Inc.
10.2.7. VIA TECHNOLOGIES, INC.
10.2.8. NetApp
10.2.9. Eidetic Communications Inc.
10.2.10. Achronix Semiconductor Corporation
11 Appendix
Growth opportunities and latent adjacency in Computational Storage Market