Albany, NY -- (SBWire) -- 02/18/2019 --System designers are continuously working to improve the efficiency and performance of various applications. Distributed file system is server-based application which enables customers to access and process data that is stored in the server. The user works on the copied file while accessing and making changes which is being processed and sent back to the server.  Object storage is a technique to address and manipulate data storage as objects or discrete units.

Distributed file systems and object storage is among the preferred storage solution by the enterprises popular in the high-performance computing arena. Distributed file systems and object storage improves scalability and simplifies administration of various functions related to storage.

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Global Distributed File Systems and Object Storage Market: Market Drivers and Challenges

Recent explosion of unstructured data is straining the IT infrastructure and operations, and is accelerating the need to manage leading to development of new storage model which is object storage. The rapid growth of unstructured data is enabling enterprises to explore various storage options encouraging the growth in file systems and object storage market. The need to perform efficiently and manage mission-critical data is enabling the vendors to invest in the R&D of various distributed file systems and object storage solutions driving the growth of global distributed file systems and object storage market.

However, complexity in deployment of distributed file systems and object storage and the high initial investment are factors impacting negatively to the growth in revenue of global distributed file systems and object storage market.

Global Distributed File Systems and Object Storage Market: Segmentation

Global distributed file systems and object storage market is segmented into component type, deployment type, type of storage, scale-out type, end-use industry and region.

On the basis of component type, the global distributed file systems and object storage market can be segmented into hardware and software.

On the basis of deployment type, the global distributed file systems and object storage market can be segmented into on-premise and cloud-based.

On the basis of type of storage, the global distributed file systems and object storage market can be segmented into local storage and shared storage.

On the basis of scale-out type, the global distributed file systems and object storage market can be segmented into files-based scale-out and objects-based scale-out.

On the basis of end-use industry, the global distributed file systems and object storage market can be segmented into IT and telecommunication, retail, transportation and logistics, banking, financial services and insurance (BFSI), government and education, and others.

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Global Distributed File Systems and Object Storage Market: Regional Outlook

On the basis of regions, the global distributed file systems and object storage market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East and Africa.

North America distributed file systems and object storage market being among the most advanced and developed market globally has significant market share. Western Europe and Asia Pacific have maximum opportunity owing to the digitization and technological advancements in various countries in the regions. Latin America and Eastern Europe have positive growth in the forecast period contributing marginally to the global distributed file systems and object storage market.

Global Distributed File Systems and Object Storage Market: Competition Landscape

Key player in the global distributed file systems and object storage market include IBM Corporation, CLoudian, Inc., DataDirect Networks (DDN), Dell EMC, Hitachi Data Systems, Caringo, Inc., NetApp, Panasas, Red Hat, Inc., HGST, Inc. and SUSE

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