AFA Market Expected to Reach $38.8 Billion in 2025 – MarketResearchNest.com

MarketResearchNest.com published a report on Global All-Flash Array Market Insights, Forecast to 2025 (111 pages, $4,900).

AFA is an external storage array that uses only flash media for persistent storage. Flash memory is used in place of HDDs that have long been associated with networked storage systems.

In the past few years, AFA has experienced great development. Many large manufacturers continue to innovate and develop many products, which are more and more in line with the needs of consumers.

Currently, there are many producing companies in the world. The main market players are Dell EMC, NetApp, Pure Storage, HPE, IBM, Hitachi, Huawei. In 2018, the top 7 players occupied 92.65% market share of AFA.

In addition, AFA performance and energy-saving performance are so excellent, making application scenarios very wide. The applications contain enterprise, BFSI, healthcare, media and entertainment and other fields. It can be seen that the widespread use of AFA can lead to ever-increasing market size. There is also a broad development in the future market.

Falling flash prices, data growth and integrated data services have increased the appeal of AFAs for many enterprises. This has led to industry speculation that all-flash storage can supplant hybrid arrays, although there remain good reasons to consider using a hybrid storage infrastructure. HDDs offer predictable performance at a fairly low cost per gigabyte, although they use more power and are slower than flash, resulting in a high cost per IO/s. AFAs also have a lower cost per IO/s, coupled with the advantages of speed and lower power consumption, but they carry a higher upfront acquisition price and per-gigabyte cost.

The AFA market was valued at $8,472.1 million in 2018 and is projected to reach $38,820 million by 2025, at a CAGR of 24.3% during the forecast period.