Enterprise storage market seen topping $218 billion by 2030

By AI, Created 9:58 AM UTC, May 20, 2026, /AGP/ – The Business Research Company projects the global enterprise storage market will exceed $218 billion in 2030, led by Asia Pacific and the U.S. The forecast points to strong demand for scalable storage, data governance and AI-ready infrastructure across major enterprise segments.

Why it matters: - Enterprise storage is becoming a bigger slice of the broader information technology market, with the category expected to reach nearly 2% of a $13,807 billion IT market by 2030. - The forecast signals continued spending on data infrastructure as enterprises expand cloud, analytics and AI workloads. - Storage choices are increasingly tied to compliance, disaster recovery, and real-time processing needs.

What happened: - The Business Research Company released its Enterprise Storage Market Report 2026, covering market size, trends and a forecast through 2035. - The report projects the enterprise storage market will surpass $218 billion in 2030. - The market is expected to grow at a 7% compound annual growth rate through 2030. - The report was released in London on May 4, 2026. - A free sample is available here. - The full report is available here.

The details: - Asia Pacific is expected to be the largest region in 2030 at $76 billion, up from $49.3 billion in 2025, with a 9% CAGR. - The U.S. is projected to be the largest country market in 2030 at $64 billion, up from $48.9 billion in 2025, with a 5% CAGR. - SAN systems are projected to be the largest product segment in 2030, accounting for 42% of the market, or $93 billion. - The market is also segmented by deployment into on-premise, hybrid and cloud-based storage. - The market is segmented by application into large enterprises and small and medium enterprises. - End-user industries include IT and telecom, BFSI, healthcare, manufacturing, government and other sectors. - SAN, network-attached storage, direct-attached storage and object storage are the main growth opportunities, with those segments expected to add more than $62 billion in value by 2030. - Over the next five years, SAN systems are projected to grow by $26 billion. - Network-attached storage systems are projected to grow by $18 billion. - Direct-attached storage systems are projected to grow by $5 billion. - Object storage systems are projected to grow by $13 billion.

Between the lines: - The strongest growth assumptions center on digital business operations, where more transactions and connected systems are generating more data that needs to be stored and accessed quickly. - Data governance is emerging as a major spending driver as companies try to meet security, privacy and regulatory requirements. - The report also points to rising demand for storage that can scale efficiently for AI, analytics and hybrid or multi-cloud environments. - The Asia Pacific outlook reflects faster digital transformation and infrastructure buildout across China, India, Japan and Southeast Asia. - The U.S. outlook reflects demand for backup, disaster recovery, software-defined storage, virtualization, edge storage and newer hardware such as NVMe and flash systems.

What’s next: - Enterprise storage vendors are likely to focus on high-speed, centralized and scalable systems as enterprise workloads become more data-intensive. - Investment should keep flowing toward technologies that support compliance, low-latency access and flexible deployment across on-premise, hybrid and cloud environments. - The report expects digital infrastructure modernization to remain a key growth theme through 2030.

The bottom line: - Enterprise storage is moving from a back-office IT function to a core enabler of digital operations, AI and data governance.