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    North America Storage In Big Data Market

    ID: MRFR/ICT/60285-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    North America Storage in Big Data Market Research Report By Component (Hardware, Software, Services), By Vertical (BFSI, IT & Telecommunication, Healthcare, Manufacturing, Transportation, Media & Entertainment, Others), and By Region (US, Canada)-Forecast to 2035

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    Table of Contents

    North America Storage In Big Data Market Summary

    The North America Storage in Big Data market is projected to experience substantial growth from 2.37 USD Billion in 2024 to 9.33 USD Billion by 2035.

    Key Market Trends & Highlights

    North America Storage in Big Data Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate of 13.27 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 9.33 USD Billion, indicating a robust expansion.
    • In 2024, the market is valued at 2.37 USD Billion, reflecting a strong foundation for future growth.
    • Growing adoption of cloud storage solutions due to increasing data generation is a major market driver.

    Market Size & Forecast

    2024 Market Size 2.37 (USD Billion)
    2035 Market Size 9.33 (USD Billion)
    CAGR (2025-2035) 13.27%

    Major Players

    Teradata, SAP, Micron Technology, Google, Cloudera, IBM, Amazon Web Services, Dell Technologies, Cisco, Oracle, Databricks, Hewlett-Packard Enterprise, NetApp, Snowflake, Microsoft

    North America Storage In Big Data Market Trends

    The North America Storage in Big Data Market is presently undergoing substantial growth, which is being fueled by a number of critical market drivers. The adoption of sophisticated storage solutions by organizations is being driven by the growing volume of data produced by sectors such as finance, healthcare, and retail.

    Additionally, the emphasis on sustainability has prompted organizations to concentrate on energy-efficient storage solutions, which present an opportunity for innovative providers to address these requirements. Recent trends suggest a transition to hybrid storage solutions, which integrate the advantages of both on-premise and cloud-based options. This versatility enables organizations to optimize their storage expenses while simultaneously ensuring that critical data is accessed at a rapid pace.

    Additionally, the integration of sophisticated analytics into storage solutions is becoming increasingly common, allowing businesses to extract valuable insights from their data pools. The North American region continues to be at the vanguard of the development of big data storage solutions, utilizing its technological capabilities to adapt and innovate in the ever-changing landscape.

    North America Storage In Big Data Market Drivers

    Market Segment Insights

    North America Storage in Big Data Market Segment Insights

    North America Storage in Big Data Market Segment Insights

    Storage in Big Data Market Component Insights

    Storage in Big Data Market Component Insights

    The North America Storage in Big Data Market has seen substantial growth, particularly within its Component segment, which encompasses Hardware, Software, and Services. This sector plays a critical role in managing, storing, and analyzing vast amounts of data generated across various industries such as healthcare, finance, and retail. As organizations in North America increasingly adopt data-driven strategies to improve operational efficiency, the demand for robust storage solutions grows.

    ,

    The Hardware component includes physical devices necessary for data storage, which is essential for organizations to ensure data accessibility and security.The Software aspect focuses on applications and management tools that facilitate data organization and analytics, allowing businesses to derive actionable insights. Services in this segment play a significant role in implementing, maintaining, and optimizing these storage solutions, providing the necessary support for organizations to adapt to evolving technological landscapes.

    The increasing complexity of data types and volumes further drives the need for innovative storage solutions across these three pillars, reflecting the importance of each in maintaining competitive advantages in the North American marketplace.With emerging trends in artificial intelligence and big data analytics, the component segment is positioned to not only support storage needs but also to contribute to advancements in data processing capabilities, ultimately enhancing the overall ecosystem of the North America Storage in Big Data Market.

    Source: Primary Research, Secondary Research, Market Research Future Database, and Analyst Review

    Storage in Big Data Market Vertical Insights

    Storage in Big Data Market Vertical Insights

    The North America Storage in Big Data Market is experiencing substantial growth, supported by various verticals that drive market demand. The BFSI sector is pivotal, utilizing big data storage solutions for risk management and customer insights. The IT and Telecommunication industry contributes significantly due to the need for enhanced data processing and storage capabilities to handle increasing data volumes. Healthcare, leveraging big data for patient care and operational efficiency, sees an expanding role in this market.

    Manufacturing benefits from data analytics in optimizing production processes, while the Transportation sector gains insights into logistics and supply chain management through effective data storage solutions.Meanwhile, Media and Entertainment capitalize on big data for audience analysis and content customization.

    Other sectors also explore big data solutions, reflecting the versatility and necessity of data storage in driving innovation and transformation across industries. As these verticals adapt to the growing importance of data, the North America Storage in Big Data Market is expected to witness significant activity and evolution in the coming years, responding to the unique challenges each sector presents.

    Get more detailed insights about North America Storage In Big Data Market Research Report-Forecast to 2035

    Regional Insights

    The North America Storage in Big Data Market is characterized by robust growth driven by increasing data generation and the rising demand for effective data management solutions. Within this regional analysis, the United States represents a dominant force, owing to its advanced technological infrastructure and a strong presence of key market players.

    The US market is significantly influenced by trends such as cloud storage solutions and analytics-driven decision-making, which are critical in various sectors including finance, healthcare, and technology.Canada, on the other hand, plays an important role in the market, leveraging its growing digital economy and innovation in big data technologies.

    The Canadian government is also focusing on enhancing data capabilities to support economic growth, making it an attractive market for storage solutions. The interplay of these factors underscores the importance of the North America Storage in Big Data Market, with strategic initiatives in both countries shaping the landscape for future opportunities and competition in data storage solutions. The emphasis on securing and managing vast amounts of data further drives investment in storage capabilities, positioning this region as a key player in the global market trends.

    Storage in Big Data Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database, and Analyst Review

    Key Players and Competitive Insights

    The North America Storage in Big Data Market is characterized by rapid growth and increasing demand for advanced data storage solutions. As organizations strive to manage and analyze vast amounts of data, competition in this sector intensifies, leading to innovative technologies and service offerings. The market consists of major players, each leveraging their unique strengths and capabilities to establish a foothold and cater to the distinct needs of various industries. Factors driving competition include the ability to offer scalable solutions, enhance data processing performance, and provide robust security features.

    Furthermore, partnerships and collaborations among companies are becoming a key tactic to expand market reach and enhance service offerings. This landscape presents opportunities for both established entities and emerging players, as businesses recognize the critical importance of effective data storage solutions in achieving their strategic objectives.Teradata holds a significant presence in the North America Storage in Big Data Market, recognized for its robust data warehousing and analytical solutions. The company emphasizes its ability to handle large data volumes with high efficiency, enabling organizations to derive actionable insights from their data.

    Teradata's strength lies in its proprietary software and tools that facilitate data integration, big data analytics, and advanced reporting capabilities. The firm has made significant investments in research and development, ensuring its offerings remain competitive amid evolving technological trends. Additionally, Teradata's established customer base across various sectors, coupled with its excellent reputation, positions it favorably for sustained growth within North America’s dynamic landscape.

    SAP has carved out a notable role in the North America Storage in Big Data Market, underscoring its commitment to innovation and addressing the requirements of data management solutions. The company is known for its cloud-based storage services, which integrate seamlessly with its enterprise resource planning systems, providing customers with a holistic approach to data handling. SAP's key offerings include data storage solutions that support advanced analytics and machine learning applications, allowing businesses to harness data effectively.

    The company has strengthened its position through strategic mergers and acquisitions that enhance its technology portfolio and expand its capabilities in big data storage. Furthermore, SAP's focus on developing user-friendly interfaces and customer-centric services contributes to its competitive advantage in this fast-paced market. Through these efforts, the company continues to play a vital role in shaping data storage solutions within North America.

    Key Companies in the North America Storage In Big Data Market market include

    Industry Developments

    The North America Storage in the Big Data Market has seen significant developments in recent months. As of October 2023, companies such as Teradata and Microsoft have reported notable advancements in their cloud storage capabilities, aiming to meet the increasing demand for data analytics and management solutions. In August 2023, Oracle announced its acquisition of a small data analytics firm to enhance its cloud offerings, which is expected to strengthen its competitive position.

    Similarly, Amazon Web Services has been expanding its storage solutions, facilitating easier access to big data for enterprises across various sectors. Companies like Cloudera and Snowflake are also gaining traction with innovative storage technologies, reflecting a broader trend toward data democratization.

    Moreover, IBM and Cisco are emphasizing security and integration in their new product launches to address growing concerns regarding data privacy. Over the past two years, the surge in remote work and digital transformation initiatives has contributed to a substantial increase in market valuation for firms involved in big data storage solutions, further accelerating investment in research and development within the sector.

    Market Segmentation

    Storage in Big Data Market Regional Outlook

    • US
    • Canada

    Storage in Big Data Market Vertical Outlook

    • US
    • Canada

    Storage in Big Data Market Component Outlook

    • BFSI
    • IT & Telecommunication
    • Healthcare
    • Manufacturing
    • Transportation
    • Media & Entertainment
    • Others

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 2.09(USD Billion)
    MARKET SIZE 2024 2.37(USD Billion)
    MARKET SIZE 2035 9.33(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.267% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Teradata, SAP, Micron Technology, Google, Cloudera, IBM, Amazon Web Services, Dell Technologies, Cisco, Oracle, Databricks, Hewlett Packard Enterprise, NetApp, Snowflake, Microsoft
    SEGMENTS COVERED Component, Vertical, Regional
    KEY MARKET OPPORTUNITIES Cloud-based storage solutions, Real-time data processing, Advanced analytics integration, Data security enhancements, Multi-cloud strategies
    KEY MARKET DYNAMICS Data explosion, Cloud adoption, Advanced analytics needs, Regulatory compliance, Cost-effective storage solutions
    COUNTRIES COVERED US, Canada

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the projected market size of the North America Storage in Big Data Market in 2024?

    The North America Storage in Big Data Market is projected to be valued at 2.37 USD Billion in 2024.

    What is the expected market size of the North America Storage in Big Data Market by 2035?

    By 2035, the North America Storage in Big Data Market is expected to reach a value of 9.33 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the North America Storage in Big Data Market from 2025 to 2035?

    The expected CAGR for the North America Storage in Big Data Market from 2025 to 2035 is 13.267%.

    Which region holds the dominant market share in the North America Storage in Big Data Market?

    The US holds the largest market share in the North America Storage in Big Data Market, valued at 1.74 USD Billion in 2024.

    What is the market size for Canada in the North America Storage in Big Data Market in 2024?

    In 2024, the market size for Canada in the North America Storage in Big Data Market is valued at 0.63 USD Billion.

    Which are the key players in the North America Storage in Big Data Market?

    Key players in the market include Teradata, SAP, Micron Technology, Google, and Amazon Web Services.

    What is the expected market size for hardware within the North America Storage in Big Data Market by 2035?

    The hardware segment within the North America Storage in Big Data Market is expected to be valued at 3.12 USD Billion by 2035.

    What is the projected growth rate for software in the North America Storage in Big Data Market from 2025 to 2035?

    The software segment is projected to grow to 3.79 USD Billion by 2035.

    How much is the services segment of the North America Storage in Big Data Market expected to be valued in 2035?

    The services segment is expected to be valued at 2.52 USD Billion by 2035.

    What are the emerging trends driving growth in the North America Storage in Big Data Market?

    Emerging trends include increased investment in data analytics and the growing need for cloud-based storage solutions.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. North
    59. America Storage in Big Data Market, BY Component (USD Billion)
    60. Hardware
    61. Software
    62. Services
    63. North
    64. America Storage in Big Data Market, BY Vertical (USD Billion)
    65. BFSI
    66. IT
    67. & Telecommunication
    68. Healthcare
    69. Manufacturing
    70. Transportation
    71. Media
    72. & Entertainment
    73. Others
    74. North
    75. America Storage in Big Data Market, BY Regional (USD Billion)
    76. US
    77. Canada
    78. Competitive Landscape
    79. Overview
    80. Competitive
    81. Analysis
    82. Market share Analysis
    83. Major
    84. Growth Strategy in the Storage in Big Data Market
    85. Competitive
    86. Benchmarking
    87. Leading Players in Terms of Number of Developments
    88. in the Storage in Big Data Market
    89. Key developments and
    90. growth strategies
    91. New Product Launch/Service Deployment
    92. Merger
    93. & Acquisitions
    94. Joint Ventures
    95. Major
    96. Players Financial Matrix
    97. Sales and Operating Income
    98. Major
    99. Players R&D Expenditure. 2023
    100. Company
    101. Profiles
    102. Teradata
    103. Financial
    104. Overview
    105. Products Offered
    106. Key
    107. Developments
    108. SWOT Analysis
    109. Key
    110. Strategies
    111. SAP
    112. Financial
    113. Overview
    114. Products Offered
    115. Key
    116. Developments
    117. SWOT Analysis
    118. Key
    119. Strategies
    120. Micron Technology
    121. Financial
    122. Overview
    123. Products Offered
    124. Key
    125. Developments
    126. SWOT Analysis
    127. Key
    128. Strategies
    129. Google
    130. Financial
    131. Overview
    132. Products Offered
    133. Key
    134. Developments
    135. SWOT Analysis
    136. Key
    137. Strategies
    138. Cloudera
    139. Financial
    140. Overview
    141. Products Offered
    142. Key
    143. Developments
    144. SWOT Analysis
    145. Key
    146. Strategies
    147. IBM
    148. Financial
    149. Overview
    150. Products Offered
    151. Key
    152. Developments
    153. SWOT Analysis
    154. Key
    155. Strategies
    156. Amazon Web Services
    157. Financial
    158. Overview
    159. Products Offered
    160. Key
    161. Developments
    162. SWOT Analysis
    163. Key
    164. Strategies
    165. Dell Technologies
    166. Financial
    167. Overview
    168. Products Offered
    169. Key
    170. Developments
    171. SWOT Analysis
    172. Key
    173. Strategies
    174. Cisco
    175. Financial
    176. Overview
    177. Products Offered
    178. Key
    179. Developments
    180. SWOT Analysis
    181. Key
    182. Strategies
    183. Oracle
    184. Financial
    185. Overview
    186. Products Offered
    187. Key
    188. Developments
    189. SWOT Analysis
    190. Key
    191. Strategies
    192. Databricks
    193. Financial
    194. Overview
    195. Products Offered
    196. Key
    197. Developments
    198. SWOT Analysis
    199. Key
    200. Strategies
    201. Hewlett Packard Enterprise
    202. Financial
    203. Overview
    204. Products Offered
    205. Key
    206. Developments
    207. SWOT Analysis
    208. Key
    209. Strategies
    210. NetApp
    211. Financial
    212. Overview
    213. Products Offered
    214. Key
    215. Developments
    216. SWOT Analysis
    217. Key
    218. Strategies
    219. Snowflake
    220. Financial
    221. Overview
    222. Products Offered
    223. Key
    224. Developments
    225. SWOT Analysis
    226. Key
    227. Strategies
    228. Microsoft
    229. Financial
    230. Overview
    231. Products Offered
    232. Key
    233. Developments
    234. SWOT Analysis
    235. Key
    236. Strategies
    237. References
    238. Related
    239. Reports
    240. LIST
    241. OF ASSUMPTIONS
    242. North America Storage in Big Data Market
    243. SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    244. North
    245. America Storage in Big Data Market SIZE ESTIMATES & FORECAST, BY VERTICAL, 2019-2035
    246. (USD Billions)
    247. North America Storage in Big Data Market
    248. SIZE ESTIMATES & FORECAST, BY REGIONAL, 2019-2035 (USD Billions)
    249. PRODUCT
    250. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    251. ACQUISITION/PARTNERSHIP
    252. LIST
    253. Of figures
    254. MARKET SYNOPSIS
    255. NORTH
    256. AMERICA STORAGE IN BIG DATA MARKET ANALYSIS BY COMPONENT
    257. NORTH
    258. AMERICA STORAGE IN BIG DATA MARKET ANALYSIS BY VERTICAL
    259. NORTH
    260. AMERICA STORAGE IN BIG DATA MARKET ANALYSIS BY REGIONAL
    261. KEY
    262. BUYING CRITERIA OF STORAGE IN BIG DATA MARKET
    263. RESEARCH
    264. PROCESS OF MRFR
    265. DRO ANALYSIS OF STORAGE IN BIG DATA MARKET
    266. DRIVERS
    267. IMPACT ANALYSIS: STORAGE IN BIG DATA MARKET
    268. RESTRAINTS
    269. IMPACT ANALYSIS: STORAGE IN BIG DATA MARKET
    270. SUPPLY /
    271. VALUE CHAIN: STORAGE IN BIG DATA MARKET
    272. STORAGE IN BIG
    273. DATA MARKET, BY COMPONENT, 2025 (% SHARE)
    274. STORAGE IN
    275. BIG DATA MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    276. STORAGE
    277. IN BIG DATA MARKET, BY VERTICAL, 2025 (% SHARE)
    278. STORAGE
    279. IN BIG DATA MARKET, BY VERTICAL, 2019 TO 2035 (USD Billions)
    280. STORAGE
    281. IN BIG DATA MARKET, BY REGIONAL, 2025 (% SHARE)
    282. STORAGE
    283. IN BIG DATA MARKET, BY REGIONAL, 2019 TO 2035 (USD Billions)
    284. BENCHMARKING
    285. OF MAJOR COMPETITORS

    North America Storage in Big Data Market Segmentation

    • Storage in Big Data Market By Component (USD Billion, 2019-2035)

      • Hardware
      • Software
      • Services

     

    • Storage in Big Data Market By Vertical (USD Billion, 2019-2035)

      • BFSI
      • IT & Telecommunication
      • Healthcare
      • Manufacturing
      • Transportation
      • Media & Entertainment
      • Others

     

    • Storage in Big Data Market By Regional (USD Billion, 2019-2035)

      • US
      • Canada

     

    Storage in Big Data Market Regional Outlook (USD Billion, 2019-2035)

     

     

    • North America Outlook (USD Billion, 2019-2035)

      • North America Storage in Big Data Market by Component Type

        • Hardware
        • Software
        • Services
      • North America Storage in Big Data Market by Vertical Type

        • BFSI
        • IT & Telecommunication
        • Healthcare
        • Manufacturing
        • Transportation
        • Media & Entertainment
        • Others
      • North America Storage in Big Data Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Billion, 2019-2035)
      • US Storage in Big Data Market by Component Type

        • Hardware
        • Software
        • Services
      • US Storage in Big Data Market by Vertical Type

        • BFSI
        • IT & Telecommunication
        • Healthcare
        • Manufacturing
        • Transportation
        • Media & Entertainment
        • Others
      • CANADA Outlook (USD Billion, 2019-2035)
      • CANADA Storage in Big Data Market by Component Type

        • Hardware
        • Software
        • Services
      • CANADA Storage in Big Data Market by Vertical Type

        • BFSI
        • IT & Telecommunication
        • Healthcare
        • Manufacturing
        • Transportation
        • Media & Entertainment
        • Others

     

     

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