GCC and Levant Data Storage Market, By Applications (Consumer Data Storage Devices (Hard Disk Drive (HDD), Solid State Devices (SSD), Memory Cards, Optical Disk, USB Flash Drives), Enterprise Data Storage Devices (Flash Storage and Hard Disks, Cloud-based Storage, Software-defined Storage and Hyper-converged Infrastructure)), By End Users (Residential and Commercial (SME Enterprise, Large Enterprise)), By Industry Verticals (BFSI, Healthcare, Government, Telecom and IT, Defense and Aerospace and Education) and By Regions (GCC (UAE, Kuwait, Saudi Arabia, Oman, Qatar and Bahrain) and Levant (Turkey, Israel, Egypt, Lebanon, Jordan, Cyprus and Rest of Levant) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Major companies in the market are focused on mergers and acquisitions, in order to enhance the market presence. For instance, in May 2019, DataDirect Networks (DDN), a U.S.-based cloud management company, acquired Nexenta Systems, a software-defined storage (SDS) provider.
Key players in the market are involved in product launches, in order to expand the product portfolio. For instance, in October 2019, IBM Corporation introduced storage software for a new appliance targeting artificial intelligence and data analytics workloads.