Ai-powered Storage Sales To Register A Valuation Of Us$ 138.0 Billion By 2033 Amid Surging Usage Of Cloud Storage And Hybrid Systems

The AI-powered storage market size reached US$ 16.6 billion in 2022 and is expected to reach US$ 138.0 billion by 2033. Rising data volumes across industries and increasing cloud adoption are driving demand for efficient storage. Intel Corporation, NVIDIA Corporation, and IBM are the vital market players. AI-powered storage solutions can optimize cloud storage consumption, automate data transfer, and assure data security. Additionally, they can speed up data processing and use machine learning algorithms to find patterns and trends in massive datasets.