North America Next Generation Storage Market Outlook
The North America next-generation storage market size was valued at approximately USD 28.4 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.0% between 2025 and 2034, reaching nearly USD 48.4 billion by 2034. The growing need for data storage, driven by increasing volumes of digital data generated by businesses, consumers, and IoT devices, is a key factor driving the demand for advanced storage solutions.
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