STORAGE SYSTEMS MARKET Size and trends

Storage Systems Market Size and Trends

The global storage systems market is estimated to be valued at USD 67.9 Bn in 2025 and is expected to reach USD 130.4 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.8% from 2025 to 2032.

Key Takeaways of the Storage Systems Market:

• By deployment, on-premise deployment segment is expected to account for the highest share of the storage systems market with Storage Systems Market 58.9% of revenues in 2025.
• By storage system, Direct Attached Storage (DAS) segment is expected to account for the highest share of the storage systems market with 34.21% of revenues in 2025.
• By application, BFSI (Banking, Financial Services, and Insurance) is expected to account for the highest share of the storage systems market with 30.23% of revenues in 2025.
• Asia Pacific is expected to account for 39.2% revenue share, dominating the storage systems market through the forecast period.

Market Overview:

The storage systems market has been witnessing steady growth over the past few years driven by increasing demand for large-scale data storage from various end-use industries such as BFSI, IT, and telecommunication among others.