Storage - Netherlands

  • Netherlands
  • Revenue in the Storage market is projected to reach US$0.67bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.20%, resulting in a market volume of US$0.79bn by 2028.
  • The average Spend per Employee in the Storage market is projected to reach US$72.99 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$20,060m in 2024).

Key regions: Brazil, Indonesia, Europe, United States, Italy

 
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Analyst Opinion

The Storage market in Netherlands is experiencing significant growth due to several factors.

Customer preferences:
Customers in the Netherlands have shown a strong preference for storage solutions that are efficient, secure, and scalable. They are increasingly looking for storage options that can handle large amounts of data and provide quick access to information. Additionally, customers are becoming more conscious about the environmental impact of their storage choices and are opting for solutions that are energy-efficient and sustainable.

Trends in the market:
One of the key trends in the storage market in the Netherlands is the increasing adoption of cloud storage solutions. This trend is driven by the need for flexible and scalable storage options, as well as the desire to reduce infrastructure costs. Cloud storage allows businesses to store and access their data remotely, providing them with the flexibility to scale their storage needs as their business grows. Another trend in the market is the growing demand for solid-state drives (SSDs). SSDs offer faster performance and higher reliability compared to traditional hard disk drives (HDDs). As the cost of SSDs continues to decline, more customers in the Netherlands are opting for this technology to improve the speed and efficiency of their storage systems.

Local special circumstances:
The Netherlands has a highly developed technology infrastructure, which has contributed to the growth of the storage market. The country is known for its advanced data centers and connectivity, making it an attractive location for businesses to store their data. Additionally, the Netherlands has a strong focus on sustainability and green technology, which has led to the adoption of energy-efficient storage solutions.

Underlying macroeconomic factors:
The growth of the storage market in the Netherlands can also be attributed to the country's strong economy and business-friendly environment. The Netherlands has a thriving technology sector and is home to many multinational corporations, which creates a demand for storage solutions to manage their data. Furthermore, the country's strategic location and well-developed logistics infrastructure make it an ideal hub for data storage and distribution. In conclusion, the storage market in the Netherlands is experiencing growth due to customer preferences for efficient and scalable solutions, the adoption of cloud storage and SSD technology, local special circumstances such as advanced technology infrastructure and a focus on sustainability, and underlying macroeconomic factors such as a strong economy and business-friendly environment.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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