Data Storage Sales Recruiters
Data storage sales and marketing recruitment specialists
Renascent Solutions has worked with numerous companies in the data storage space over the past two decades to help them build high-performing sales, marketing, and executive teams throughout North America and beyond.
Cloud
Cloud storage can effectively be grouped into verticals that are defined by one of the following approaches: public, private, a hybrid of the aforementioned approaches, and a community solution. The market size for this business came in around $50 billion in 2020, is anticipated to reach approximately $140 billion by 2025, and perhaps make a leap to almost $400 billion just 3 years after that. Requirements for storage of big data in order to properly run various businesses in today’s markets is a primary factor behind this expansion, and the data storage sales recruiters of Renascent Solutions are well-positioned to partner with emerging and established companies that specialize in this type of offering.
DAS
Direct Attached Storage is still growing at a steady rate and will certainly continue to be utilized by many given the ease of configuration, accessibility, and availability. Uncertainty regarding expandability and multiple usage features will remain as primary factors influencing continued adoption, but the overall market is anticipated to increase from around $20 billion in 2020 to almost $50 billion in 2025.
Hybrid
Many organizations have determined that the best route for their respective enterprises is to incorporate a combined on-premises and off-premises data storage build that takes advantages of an array of appropriate solutions. Indeed, a number of small and medium sized businesses are placing and protecting a good amount of data on site due to expanding costs of utilizing cloud services. The hybrid cloud storage market generated about $50 billion in 2020, and current growth is tracking for numbers that should reach around $150 billion by 2026.
Hyperconverged
This distributed approach to storage was first brought into full view by Nutanix and others who implemented virtualization, software, and other components as needed to produce a product for those who often required unique solutions. Since that time, the amount of production generated by this realm of the data storage sector reached about $10 billion in 2020 and most likely will expand to about $30 billion by 2025.
NAS
Revenue numbers for network attached storage reached about $25 billion in 2021, and expectations are that this will increase to a shade less than $100 billion as 2028 approaches. Cloud and hybrid requirements have been the primary drivers behind the continued expansion of recent NAS implementations, and there has been a strong increase in adoption by small and medium sized businesses, organizations running smart applications and communities, and those who require added layers of backup and redundancy capabilities.
SAN
North American storage area network providers have seen a market that has reached $20 billion plus as of current day and will most likely hit about $25 billion by 2027. The amount as a whole across the globe is expected to arrive at a number broaching $350 billion by 2028.
Software-Defined Storage
Various estimates have this sector growing from about $10 billion in 2020 to perhaps $40-50 billion by 2026. The model allows for a great amount of flexibility and can readily be adapted to a number of solutions thus many companies are implementing its usage to address data management problems that increase on a continual basis.
SSD
Solid-state companies that produce products in the storage vertical are contributing to numbers that came in around $35 billion in 2020 and will most likely near the $100 billion point by 2026. The pandemic certainly had a significant impact on the supply chain and associated manufacturing, but the overall trend still points to an exceptional increase in this approach to data retention over the next few years.
Virtualization
In 2020 the overall market for storage virtualization was near $10 billion. As 2026 approaches this amount should broach the $30 billion point as organizations continue to expand the rate of digital transformations across all avenues. AI, IOT, Augmented Reality are primary areas of influence, and countless other factors will also contribute to increased demand.