Global AI Powered Storage
Market Report
2025
AI-powered Storage Market size is USD 8.6 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 25.3% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global AI-powered Storage Market size is USD 8.6 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 25.3% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global AI Powered Storage Market Sales Revenue | 121212 | 121212 | 121212 | 25.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Component |
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Market Split by Storage System |
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Market Split by Storage Architecture |
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Market Split by Storage Medium |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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AI Powered Storage Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Artificial intelligence requires massive amounts of data, which the cloud environment must process in real-time and store for later use. This necessitates a high-performance, versatile, and flexible data storage system. The popularity of AI-powered storage is growing as the demand for machine learning and artificial intelligence develops. AI-powered storage utilizes advanced analytics, increasing demand for business infrastructure. Furthermore, it is critical for the proliferation of connected devices and digitization. Moreover, the growing adoption of cloud-based applications and services is a key driver of the Al-powered storage market. Cloud-based applications have caused a huge shift in the commercial world, especially during the COVID-19 epidemic. Many businesses are turning to cloud-based solutions because they provide endless flexibility and reliability. Furthermore, it offers high adaptability and is environmentally friendly, which propels the AI-powered storage market forward.
Increasing demand for cloud-based services is driving market expansion - The massive rise in data volumes, the need for global business infrastructure to update its storage architecture, the increasing acceptance of cloud-based services, and the growing need for AI in HPC data centers have all contributed to a surge in demand for AI-powered storage solutions. The key drivers driving AI-powered storage market share are the growing number of connected devices and the increased adoption of cloud-based services and applications. BFSI organizations have increased their spending in artificial intelligence and machine learning
AI hardware lacks professionals Problems with network utilization and latency in public clouds
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In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
In March 2022, HPE announced substantial upgrades to HPE GreenLake, the company's flagship offering that allows organizations to modernize all of their AI-powered applications and data from edge to cloud.
Top Companies Market Share in AI Powered Storage Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the AI-powered storage industry, accounting for the biggest revenue share. This put the region in a position of leadership. This can be attributed to the increasing rate of technology innovation and market digitization in this field, which has resulted in organizations using AI-powered storage to preserve their critical data. In addition, the growth can be ascribed to the significant presence of businesses in the data storage industry, improved awareness, the availability of skilled talent, and the growing use of AI storage in the region's booming financial sector.
The Asia-Pacific AI-Powered Storage Market is predicted to develop at the quickest CAGR between 2024 and 2031, owing to rising demand for cloud-based services and the use of robotics in industries. Furthermore, China's AI-Powered Storage market had the highest market share, while India's AI-Powered Storage market was the fastest-growing in the Asia-Pacific region.
The current report Scope analyzes AI Powered Storage Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global AI Powered Storage Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing AI Powered Storage Industry growth. AI Powered Storage market has been segmented with the help of its Component, Storage System Storage Architecture, and others. AI Powered Storage market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In terms of market segmentation split by Component we have analyzed Hardware, Software on the basis of key leading segment revenue and share along with reasons behind its dominance across the global as well as region level. Additionally, we have also incorporated revenue and Y-O-Y growth of each segment with detailed qualitative analysis.
Component of AI Powered Storage analyzed in this report are as follows:
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According to Cognitive Market Research, the storage area network category dominated the market in 2024 and is predicted to continue dominating with a CAGR of 6.20% over the forecast period. The market is expanding because of the widespread usage of storage area networks by small and medium-sized organizations. It is a network of data storage devices that enables data centers to collaborate on storage.
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global AI Powered Storage Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global AI Powered Storage Market and is projected to experience significant growth in the near future.
The Direct Attached Storage segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM Corporation , Dell Technologies Incorporated and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Hardware, Software |
Storage System | Direct Attached Storage, Network-attached Storage, Storage Area Network |
Storage Architecture | File and Object-Based Storage, Object Storage |
Storage Medium | Hard Disk Drive, Solid State Drive |
End User | Enterprises, Government Bodies, Cloud Service Providers, Telecom Companies |
List of Competitors | IBM Corporation, Micron Technology, Dell Technologies Incorporated, Hitachi, Pure Storage, Fujitsu, Hpe, Toshiba, Intel Corporation, Microsoft Corporation, Amazon Web Services, Advanced Micro Devices, Lenovo, Samsung Electronics, Alphabet (Google Inc.), NetApp, Cisco Systems Inc. |
This chapter will help you gain GLOBAL Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review Global AI Powered Storage Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review North America AI Powered Storage Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review Europe AI Powered Storage Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review Asia Pacific AI Powered Storage Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review South America AI Powered Storage Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review Middle East AI Powered Storage Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of AI Powered Storage. Further deep in this chapter, you will be able to review Middle East AI Powered Storage Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of AI Powered Storage. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Storage System Analysis 2021 - 2033
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Chapter 12 Market Split by Storage Architecture Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Storage Medium Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by End User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global AI Powered Storage market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Hardware have a significant impact on AI Powered Storage market? |
What are the key factors affecting the Hardware and Software of AI Powered Storage Market? |
What is the CAGR/Growth Rate of Direct Attached Storage during the forecast period? |
By type, which segment accounted for largest share of the global AI Powered Storage Market? |
Which region is expected to dominate the global AI Powered Storage Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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