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Microgrid Controller Market Size, Industry Analysis, Technological Advancements and Future Growth 2020 to 2027

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Market Research Future published a research report on Microgrid Controller Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Market Overview

Market Research Future (MRFR) asserts that the global microgrid controller market 2020 is thriving and slated to grow considerably over the review period, recording substantial revenue generation from USD 5.35 billion in 2017 up to USD 10.73 billion by 2023, at a moderate CAGR of 12.54%, over the review period.

Drivers and Restraints

Rising demand for microgrids, fluctuating preferences towards the deployment of renewable energy sources and decreasing carbon footprint, and growing government investments in microgrid projects are key drivers that have a positive impact on the market for microgrid controllers. Imminent Asia-Pacific smart city projects and the replacement of mature grid infrastructure in Europe are a few prospects for the growth of the microgrid controller market over the review period.

Segmental Analysis

The global Microgrid Controller Market has been analyzed based on offering, connectivity, vertical, and region.

The market was segmented into grid and off-grid / islanded, the two modes in which a microcontroller functions, based on the connectivity. Because these controllers are more robust, the off-grid segment is projected to rise at the fastest CAGR over the review period.

The market was segmented into software , hardware, and service based on price. Due to their growing use for forecasting, tracking, managing and optimizing energy supply and demand for a microgrid network, the software segment is expected to expand at the fastest CAGR during the evaluation period.

On the basis of vertical, the global market for microgrid controllers has been segmented into oil & gas, government, energy & power, military and defense, automotive, industrial, commercial, and others. The increasing adoption of microgrids across various end-use industries such as military, government, utilities, and healthcare drive the growth of microgrid controller market.

Available Exclusive Sample Copy of this Report @ https://www.marketresearchfuture.com/sample_request/7583

Regional Analysis

The global microgrid controller market regional research was conducted in four major regions, including North America, Asia Pacific , Europe and the rest of the world (Latin America, Middle East and Africa). The market for microgrid controllers in North America has been segmented into Canada, the US and Mexico. The regional market is expected over the evaluation period to account for the highest share of the global demand for microgrid controllers. Market growth in North America can be credited to funding from the government to fuel the region's microgrid installations. Additionally, the high concentration of market players in the region coupled with the availability of capable technical expertise also boost market growth.

In terms of market share, Europe is slated to hold the second-largest share. The European market has been segmented into the UK, France, Germany, and the rest of Europe. Germany is the dominate country-level market and the market in France is likely to record the highest growth rate during the forecast period.

The market in Asia-Pacific is projected to be the fastest-growing in the review period. The regional market has been divided as China, Japan, India, and the rest of Asia-Pacific. Rise in the number of rural electrification projects in developing countries such as India and Bangladesh are fueling the growth of microgrid controller market in the region.

Competitive Analysis

The major market players functioning in the global micrgrid controller market as identified by MRFR are Lockheed Martin Corporation (US), Schneider Electric (France), S&C Electric Company (US), Eaton Corporation (Ireland), Emerson Electric Co. (US), Honeywell International Inc. (US), Schweitzer Engineering Laboratories (US), Siemens (Germany), GE Power (US), Power Analytics (US), ABB (Switzerland), Princeton Power Systems (US), HOMER Energy LLC (US), Spirae, Inc. (US), Advanced MicroGrid Solutions, Inc. (US), Pareto Energy (US), and Qinous GmbH (Germany). The leading market players have adopted partnerships and new product launches as a part of their organic growth strategy to further sustain their market position. 

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References

Microgrid Controller Market
posted Sep 9 by Sneha Patil

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Market Research Future published a research report on Microgrid Controller Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Market Overview

Market Research Future (MRFR) asserts that the global microgrid controller market 2020 is thriving and slated to grow considerably over the review period, recording substantial revenue generation from USD 5.35 billion in 2017 up to USD 10.73 billion by 2023, at a moderate CAGR of 12.54%, over the review period.

Drivers and Restraints

Rising demand for microgrids, fluctuating preferences towards the deployment of renewable energy sources and decreasing carbon footprint, and growing government investments in microgrid projects are key drivers that have a positive impact on the market for microgrid controllers. Imminent Asia-Pacific smart city projects and the replacement of mature grid infrastructure in Europe are a few prospects for the growth of the microgrid controller market over the review period.

Segmental Analysis

The global Microgrid Controller Market has been analyzed based on offering, connectivity, vertical, and region.

The market was segmented into grid and off-grid / islanded, the two modes in which a microcontroller functions, based on the connectivity. Because these controllers are more robust, the off-grid segment is projected to rise at the fastest CAGR over the review period.

The market was segmented into software , hardware, and service based on price. Due to their growing use for forecasting, tracking, managing and optimizing energy supply and demand for a microgrid network, the software segment is expected to expand at the fastest CAGR during the evaluation period.

On the basis of vertical, the global market for microgrid controllers has been segmented into oil & gas, government, energy & power, military and defense, automotive, industrial, commercial, and others. The increasing adoption of microgrids across various end-use industries such as military, government, utilities, and healthcare drive the growth of microgrid controller market.

Available Exclusive Sample Copy of this Report @ https://www.marketresearchfuture.com/sample_request/7583

Regional Analysis

The global microgrid controller market regional research was conducted in four major regions, including North America, Asia Pacific , Europe and the rest of the world (Latin America, Middle East and Africa). The market for microgrid controllers in North America has been segmented into Canada, the US and Mexico. The regional market is expected over the evaluation period to account for the highest share of the global demand for microgrid controllers. Market growth in North America can be credited to funding from the government to fuel the region's microgrid installations. Additionally, the high concentration of market players in the region coupled with the availability of capable technical expertise also boost market growth.

In terms of market share, Europe is slated to hold the second-largest share. The European market has been segmented into the UK, France, Germany, and the rest of Europe. Germany is the dominate country-level market and the market in France is likely to record the highest growth rate during the forecast period.

The market in Asia-Pacific is projected to be the fastest-growing in the review period. The regional market has been divided as China, Japan, India, and the rest of Asia-Pacific. Rise in the number of rural electrification projects in developing countries such as India and Bangladesh are fueling the growth of microgrid controller market in the region.

Competitive Analysis

The major market players functioning in the global micrgrid controller market as identified by MRFR are Lockheed Martin Corporation (US), Schneider Electric (France), S&C Electric Company (US), Eaton Corporation (Ireland), Emerson Electric Co. (US), Honeywell International Inc. (US), Schweitzer Engineering Laboratories (US), Siemens (Germany), GE Power (US), Power Analytics (US), ABB (Switzerland), Princeton Power Systems (US), HOMER Energy LLC (US), Spirae, Inc. (US), Advanced MicroGrid Solutions, Inc. (US), Pareto Energy (US), and Qinous GmbH (Germany). The leading market players have adopted partnerships and new product launches as a part of their organic growth strategy to further sustain their market position. 

Browse Complete Report Details with Table of Content and Figures @ https://www.marketresearchfuture.com/reports/microgrid-controller-market-7583 

*If you have any special requirements, please let us know and we will offer you the report as you want.

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Information:

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

 

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Market Research Future published a research report on “Magneto resistive RAM (MRAM) Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Highlights The magneto resistive RAM (MRAM) market is projected to be valued at USD 1,396.7 million by the end of 2027, registering a CAGR of over 18.58% during the forecast period. MRAM systems provide significant scope for growth and have high-speed writing and reading capabilities compared to SRAMs and DRAMs. Over the forecast period, the magneto resistive RAM (MRAM) market is projected to witness accelerated growth, as it has the potential to replace conventional flash memory drives and other Electrically Erasable Programmable Read-Only Memory (EEPROM). The introduction of a new product line for standalone and embedded memory drives is predicted to boost Magneto Resistive RAM (MRAM) Market growth, primarily due to their adoption in a growing number of applications in consumer electronics, enterprise, aerospace & defense, robotics, and industrial verticals. Rapid urbanization and technological advancements in the semiconductor industry have fuelled the adoption of electronic devices, resulting in the expansion of the consumer electronics market. Wearables, portable electronics, and flexible devices are small, lightweight, hand-held devices with a stable memory that can easily be carried around. There are various wearable electronic devices which we use daily—smartphones and smartwatches being the most fundamental. There are other wearables and portable electronic devices that use MRAM memory, such as laptops, gaming consoles, media players, and navigation systems. Therefore, the increasing demand for consumer electronics drives the market demand for MRAM as these electronic devices require an essential component, i.e., memory in their circuits. Moreover, the growing need for cloud computing to increase the operational efficiency of work processes has also raised the demand for MRAM in data centers. Key Players Key players operating in the MRAM market include Toshiba Corporation (Japan), NVE Corporation (US), Everspin Technologies Inc. (US), Avalanche Technology Inc. (US), Spin Memory, Inc. (US), Honeywell International Inc. (US), Samsung Electronics Co. Ltd (South Korea), Numem Inc. (US), and Taiwan Semiconductor Manufacturing Company Limited (Taiwan). Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/10659 COVID-19 Impact Analysis COVID-19 has severely impacted and disrupted supply chain hubs across the globe. China, one of the major manufacturing hubs, has registered a decline of ~14% in the production capacity and a decline of ~40% in global electronic component shipments. COVID-19 has infected the Global Value Chain hub, wherein China played an important role in providing raw materials, assembly of products, and final dispatch. The significant decline in the export includes textile raw material, garments and clothing accessories, mechanical and electrical products, automatic data processing systems, central processing units, electrical equipment, and automobiles. Segment Analysis The magneto resistive RAM (MRAM) market has been classified on the basis of product, application, and region. On the basis of product, the magneto resistive RAM (MRAM) market has been segmented into STT and Toggle. The STT segment accounted for the larger market share in 2020 and is estimated to register a CAGR of 19.35% during the review period. STT-MRAM (Spin-Transfer Torque) is an advanced MRAM that provides high density, low power consumption, and more cost-efficiency than Toggle MRAM, which also turns out to be the significant advantage of STT MRAM over Toggle MRAM. By application, the magneto resistive RAM (MRAM) market has been divided into aerospace & defense, automotive, robotics, consumer electronics, and enterprise storage. The use of MRAM in aerospace and defense, especially STT MRAM, has been subjected to its ability to be used in harsh environments. MRAM is mainly used in automotiveapplications as it captures data instantly in case of power loss, without the help of batteries or capacitors, and has the high endurance required for frequent writes over the product lifespan. Key Findings of the Study: The magneto resistive RAM (MRAM) market is projected to reach a value of USD 1396.7millionby 2027,with a CAGR of over18.58%during the forecast period from 2021 to 2027. North Americaaccounted for the largest market share in 2020.This is due toadvantages such as low power consumption and faster data rewrite, due to which it is used for several applications. Asia-Pacificis expected to be the second-fastest-growing regional market registering a CAGR of over 21.66%. Europe has registered high demand for MRAMs for being integrated with consumer electronic devices that require fast, non-volatile memory for smartphones and PC/laptops applications. The increased ownership of smartphones in the region over the last few years has led to the growth of the magneto resistive RAM (MRAM) market. The introduction of new products and solutions for embedded and standalone memories and the use of MRAM in applications in the automotive and utilities industriescreate lucrative opportunities for the playersin this magneto resistive RAM (MRAM) market. Get Complete Report @ https://www.marketresearchfuture.com/reports/mram-market-10659%20 *If you have any special requirements, please let us know and we will offer you the report as you want. About Us: Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects. Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions. Media Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: [email protected] More Info: https://marketresearchfuturereview.mystrikingly.com/blog/market-research-future-review-custom-vs-syndicated-research
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In its research report, Market Research Future (MRFR), highlights that over the review period , the global market 2020 is poised to increase significantly, ensuring substantial market valuation of USD 19.04 billion and a healthy 14.60% CAGR over the review period.

Drivers and Restraints

One of the key drivers of demand for SSD controllers is the growing rise in demand for cloud-based data centres. The low cost of accessing the cloud contributes to increased demand for public cloud storage. This has resulted in the increasing demand for data centers which can store large amounts of data and require highly data-intensive operations. When businesses are more inclined towards cloud-based operations, there has been a massive increase in the number of mega data centers; this is expected to fuel demand for SSD controllers in the years ahead.

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One of the main factors affecting the growth of the demand for SSD controllers is the growth of 3D NAND technology that has brought revolution in electronic storage. 3D NAND technology offers a variety of advantages, including low power consumption and improved endurance compared to a planar design. These architectures are one-dimensional, and therefore more data can be stored by increasing its density. This results in an increase in SSD capacities and a fall in prices.

 

Segmental Analysis


By type, the market has been segmented into multi-level cells (MLC), single-level cells (SLC), triple-level cells (TLC). During the forecast period the multi-level cells (MLC) segment is expected to dominate the SSD controller market, while the triple-level cells (TLC) segment is expected to grow at the highest CAGR during the forecast period.

The market has been segmented by storage interface into SAS, SATA, PCIe. The SATA segment leads the SSD controller market and is poised to continue its dominance over the forecast period. During the forecast period the PCIe segment is expected to grow at a significant pace.


 

The SSD controller market was segmented by application into data center, business, consumer, and retail. In 2018, the data center segment dominated the SSD controller market and is expected to contribute a significant market share of revenue over the forecast period. Customer segment is likely to record high CAGR over the forecast period.


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Regional Assessment

The global market geographic overview was conducted in four major regions including Asia Pacific , North America, Europe and the rest of the world. North America is expected to dominate the SSD controller market amongst the aforementioned regions. The broad adoption of SSD controller technology in advanced computing systems, growth of cloud computing, and proliferating big data analytics is contributing to the growth of the industry. SSD controller technology is used largely in data centers. Asia-Pacific is expected to grow in the forecast period, at the highest CAGR. The region's leading countries include China, Japan and South Korea are generating immense potential for the SSD controller industry to expand. Europe is also projected to see tremendous demand for SSD controller technology owing to the demand from the automobile industry inside the consumer market.

 

Competitive Analysis


The major market players operating in the global market as identified by MRFR are  Samsung (South Korea), Marvell Technology Group (UK), Intel (US), Toshiba (Japan), Micron Technology, Inc. (US), Western Digital (US), NetApp (US), IBM (US), Silicon Motion Technology Corporation (Taiwan), Phison Electronics Corporation (Taiwan), and SandForce (US). Apart from the key players, there are other players and regional players that contribute to the market growth. These include CNEX Labs, Inc. (US), OCZ (US), Realtek Semiconductor Corp. (Taiwan), ADATA Technology Co., Ltd. (Taiwan), and Foremay (US).

 

Table Of Contents

 

1 Executive Summary

 

2 Scope Of The Report

 

2.1 Market Definition

 

2.2 Scope Of The Study

 

2.3 Research Objectives

 

2.4 Markets Structure

 

3 Market Research Methodology

 

3.1 Research Process

 

3.2 Secondary Research

 

3.3 Primary Research

 

3.4 Forecast Model

 

4 Market Landscape

 

4.1 Porter’s Five Forces Analysis

 

4.1.1 Threat Of New Entrants

 

4.1.2 Bargaining Power Of Buyers

 

4.1.3 Threat Of Substitutes

 

4.1.4 Segment Rivalry

 

4.1.5 Bargaining Power Of Suppliers

 

4.2 Value Chain/Supply Chain Of SSD Controller

About Market Research Future:

Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a complete outlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections.

MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies.

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Market Research Future published a research report on “Spatial Light Modulator Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Spatial Light Modulator Market-Overview

The collective demand for elevated bandwidth speeds is likely to back the growth of the spatial light modulator market 2020. The camera, display and lighting reports are produced by Market Research Future, which contains market alternatives for progress. The income of USD 616.8 billion is forecasted by 2023 while developing with a CAGR of 13.8% in the upcoming period.

The mounting demand for high-resolution displays is predicted to create promising traction for the spatial light modulator market companies in the coming period. The escalated demand for holographic data storage is estimated to shape the Spatial Light Modulator Market.

Segmental Analysis

The segmental insight into the Spatial Light Modulator Market is based on application, industry, type, and region. Based on the types, the spatial light modulator market has been segmented into optically addressed SLM, electrically addressed SLM and others. Based on the applications, the spatial light modulator market includes holography, pulse shaping, optical, display, laser beam, and others. Based on the industry, the spatial light modulator market has been segmented into education & research, aerospace & defense, education, automotive and transportation, and others. Based on the regions, the spatial light modulator market comprises of Europe, North America, Asia Pacific and other regions.

Get Free Sample Copy Report of Smart Spaces [email protected] https://www.marketresearchfuture.com/sample_request/1721                

Detailed Regional Analysis 

The regional evaluation of the spatial light modulator market is conducted on the basis of Europe, North America, Asia Pacific and other regions. The Asia Pacific regional market is estimated to show a healthy evolution rate throughout the forecast period due to flourishing automotive and education sectors across Japan, India, and China. The rising demand from industry stalwarts with regards to accuracy is anticipated to strengthen demand for spatial light modulators. The European and North American regional markets hold enormous growth prospective on account of implementing modern technologies and requirement spike from consumers.

Competitive Analysis

The capability of contenders to influence change in the Spatial Light Modulator market is increasing at a stable rate in the impending period. The support from government bodies around the world is rising because the market needs an extra stimulus to achieve normalcy in such a scenario. The disharmony in the forces of demand and supply is estimated to create a slow growth background in the market. The emphasis on innovation is estimated to rise in the coming years, as the consumer needs have to be addressed in a better manner to ensure the resurgence of the global market. Also, the need to encourage business to include the environmental impact of their decisions is estimated to shape the development of the market in future. The need to mitigate losses sustained by the current public health crisis is estimated to be the sole focus of the market contenders in the upcoming years. Furthermore, the need to adopt a rapid and cost-effective method of operation is estimated to shape the spatial light modulator market in the impending period.

Holoeye Photonics AG (Germany), Santec Corporation (Japan), PerkinElmer Inc. (U.S.), Texas Instruments, Inc. (U.S.), Hamamatsu Photonics K.K. (Japan), Laser 2000 Ltd. (U.K), Thorlabs, Inc. (U.S.), Kopin Corporation (U.S.), Jenoptik AG (Germany), Meadowlark Optics Inc. (U.S.), and others are some of the notable companies in the spatial light modulator market.

Industry Updates:

June 2020 A team of researchers from Tokyo Metropolitan University have advanced a novel way of computing simple holograms for near-eye displays (NEDs) and head-up displays (HUDs). The technique is up to 56 times quicker than usual algorithms. It does not necessitate power-hungry graphics processing units (GPUs), but as an alternative functioning on standard computing cores like those originating in PCs. The team blended simulation data with real experiments by demonstrating their holograms on a spatial light modulator (SLM) and lighting it with laser light to create an actual 3D image.

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Market Research Future published a research report on “AI-Powered Storage Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027

Overview

According to Market Research Future, the market for the Global AI-Powered Storage has been segmented on the basis of Type, Application, Industry, and Region.

The rise adoption of technologies such as machine learning, artificial intelligence, and data analytics has led to an increase in data that require high storage capacity. The enterprises are registering a need for a refreshed AI-based storage architecture. Factors such as the growing adoption of cloud-based services, a rise in the number of hyperscale data centers, and the deployment of data analytics tools across small and medium enterprises have positively impacted the demand for AI-powered storage. However, the concerns regarding data privacy are expected to limit the market growth.

Segmentation:

The global AI-Powered Storage Market is segmented on the basis of offering, storage system, storage architecture, storage medium, end use, and region.

By offering, the global AI-powered storage market is segmented into hardware and software. The hardware segment is further sub-segmented into SSD, HDD, CPU, and GPU.

By storage system, the global AI-powered storage market is segmented into direct-attached storage system, network-attached storage system, and storage area network.

By storage architecture, the global AI-powered storage market is segmented into file storage, object storage, and block storage.

By storage medium, the global AI-powered storage market is segmented into hard disk drive and solid state drive.

By end use, the global AI-powered storage market is segmented into BFSI, healthcare, media and entertainment, retail, manufacturing, telecommunications, and others.

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Regional Analysis

The Global AI-Powered Storage Market has been segmented by region into North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to be the largest market in the forecast period, followed by Europe, owing to the high concentration of data storage market players, easy availability of proficient technical expertise, and growing penetration of AI in manufacturing, banking, telecom, and healthcare industries. Asia-Pacific is expected to register the highest CAGR in the AI-Powered Storage market owing to the adoption of AI technology by small and medium enterprises in the region, rise in demand for cloud-based services, and adoption of robotics in manufacturing industries. China is expected to dominate the Asia-Pacific AI-powered storage market.

Key Players

The Prominent Players in the Global AI-Powered Storage Industry are Dell Technologies (US), Advanced Micro Devices (AMD (NASDAQ)), CISCO (CSCO (NASDAQ)), HPE Company (HPE (NYSE)), IBM (IBM (NYSE)), Toshiba (Japan), Intel Corporation (INTC (NASDAQ)), Pure Storage (US), Hitachi (Japan), NVIDIA Corporation (NVDA (NASDAQ)), Lenovo (China), Samsung Electronics (South Korea), Micron Technology (US), Western Digital (US), and NetApp (US), Datadirect Network (US), Seagate Technology (US), Flextronics International (Singapore), Fujitsu (Japan), and Tintri, Inc. (US).

Table of Content:

Development Trend of Analysis of AI-Powered Storage Market

AI-Powered Storage Market Trend Analysis

AI-Powered Storage Market Size (Volume and Value) Forecast

Marketing Channel

Direct Marketing

Indirect Marketing

AI-Powered Storage Customers

Market Dynamics

AI-Powered Storage Market Trends

Opportunities

AI-Powered Storage Market Drivers

Challenges

Influence Factors

Methodology/Research Approach

Research Programs/Design

AI-Powered Storage Market Size Estimation

Data Source

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