Storage Resource Management Market Report 2026

Storage Resource Management Market Overview

• Storage Resource Management market size has reached to $18.32 billion in 2025 • Expected to grow to $27.61 billion in 2030 at a compound annual growth rate (CAGR) of 8.6% • Growth Driver: The Surge In Data Volumes Is Fueling Market Growth Due To The Increasing Adoption Of Data-Driven Technologies • North America was the largest region in 2025 and Europe is the fastest growing region.

What Is Covered Under Storage Resource Management Market?

Storage resource management is the discipline of monitoring, controlling, and optimizing storage infrastructure to ensure data is stored efficiently and remains available, secure, and compliant. It involves tracking capacity, performance, and utilization across storage systems to support planning and operational decisions. It helps organizations reduce costs, prevent outages, and improve reliability through automation, reporting, and policy-based management. The main types of components in storage resource management offerings include software, hardware, and services. Software refers to digital platforms that monitor, analyze, and optimize storage resources to improve capacity utilization, performance efficiency, and data availability across enterprise environments. The various deployment modes involved are on premises and cloud and are adopted by small and medium enterprises and large enterprises. The applications include data backup and recovery, storage provisioning, performance monitoring, compliance management, and others and are utilized by end users such as banking financial services and insurance, healthcare, information technology and telecommunications, retail, manufacturing, government, and others.

What Is The Storage Resource Management Market Growth Forecast?

The storage resource management market size is expected to see strong growth in the next few years. It will grow to $27.61 billion in 2030 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing deployment of hybrid Cloud Storage solutions, growing adoption of AI-driven storage optimization, rising demand for automated backup and recovery systems, expansion of storage analytics and reporting services, increasing integration with enterprise data management platforms. Major trends in the forecast period include increasing adoption of cloud storage management services, rising demand for storage virtualization solutions, growing integration of data lifecycle management tools, expansion of automated storage provisioning services, rising focus on storage compliance and policy management.

Global Storage Resource Management Market Segmentation

1) By Component: Software, Hardware, Services 2) By Deployment Mode: On Premises, Cloud 3) By Organization Size: Small And Medium Enterprises, Large Enterprises 4) By Application: Data Backup And Recovery, Storage Provisioning, Performance Monitoring, Compliance Management, Other Applications 5) By End User: Banking Financial Services And Insurance, Healthcare, Information Technology And Telecommunications, Retail, Manufacturing, Government, Other End Users Subsegments: 1) By Software: Storage Management Software, Data Analytics And Reporting Software, Capacity Planning And Optimization Software, Backup And Recovery Management Software, Virtualization Management Software 2) By Hardware: Storage Area Network Devices, Network Attached Storage Devices, Disk Arrays And Storage Appliances, Solid State Drives And Hard Disk Drives, Storage Gateways 3) By Services: Implementation And Integration Services, Consulting And Advisory Services, Managed Storage Services, Maintenance And Support Services, Training And Education Services

What Is The Driver Of The Storage Resource Management Market?

The surge in data volumes is expected to propel the growth of the storage resource management market going forward. Data volumes refer to the rapidly increasing amount of digital information generated, processed, and stored by organizations across industries. This growth is driven by factors such as the widespread adoption of cloud computing, increasing use of data-intensive applications, and the expansion of connected devices, all of which contribute to higher storage demands. Storage resource management solutions help organizations manage growing data volumes by providing centralized visibility, capacity planning, performance monitoring, and optimization of storage infrastructure, enabling efficient resource utilization, cost control, and reliable data availability. For instance, in March 2024, according to Edge Delta, a US-based software company, global data generation reached approximately 120 zettabytes in 2023, highlighting the scale and pace of data growth worldwide. Therefore, the surge in data volumes is driving the growth of the storage resource management industry. Rising Adoption Of Cloud Computing Driving The Market Growth Due To Increasing Scalability, Cost Reduction, And On-Demand Resource Availability The rising adoption of cloud computing is expected to propel the growth of the storage resource management market going forward. Cloud computing refers to the delivery of computing services including servers, storage, databases, networking, and software over the internet on a pay-as-you-go basis. Cloud computing adoption is rising due to digital transformation initiatives, as organizations migrate to cloud platforms to enhance scalability, reduce infrastructure costs, and support remote work. Cloud computing enables efficient storage resource management by providing scalable, on-demand access to centralized storage systems that optimize data allocation, reduce hardware costs, improve availability, and allow organizations to dynamically adjust storage capacity based on real-time needs. For instance, in April 2025, according to the American Bar Association, a US-based professional organization, approximately 75% of attorneys currently use cloud computing for work-related tasks, up from 69% in 2023 and around 70% in 2022. Therefore, rising adoption of cloud computing is driving the growth of the storage resource management industry.

Key Players In The Global Storage Resource Management Market

Major companies operating in the storage resource management market are Huawei Technologies Co. Ltd., Dell Technologies Inc., Hitachi Vantara Corporation, IBM Corporation, Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Company, Western Digital Corporation, Inspur Group Co. Ltd., Seagate Technology Holdings plc, NetApp Inc., Pure Storage Inc., Nutanix Inc., Commvault Systems Inc., Rubrik Inc., Quantum Corporation, DataDirect Networks Inc., Druva Inc., VAST Data Inc., Qumulo Inc., DataCore Software Corporation, Zadara Storage Inc., Scality Inc., Datadobi NV, and StorONE Inc.

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What Are Latest Mergers And Acquisitions In The Storage Resource Management Market?

In March 2025, Precisely Inc., a US-based data integrity company, acquired DTS Software for an undisclosed amount. With this acquisition, Precisely Inc. aims to expand its mainframe optimization offerings, integrate DTS Software’s storage management technologies with its existing IBM mainframe solutions, enhance operational efficiency for enterprises, and provide end-to-end solutions that ensure data integrity across cloud, on-premises, and hybrid environments. DTS Software is a US-based technology company that specializes in providing mainframe storage optimization and management solutions for industries including insurance, banking, financial services, and retail.

Regional Insights

North America was the largest region in the storage resource management market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Storage Resource Management Market?

The storage resource management market consists of revenues earned by entities by providing services such as performance optimization services, storage provisioning and automation services, storage virtualization management, data lifecycle management services, storage compliance and policy management services, cloud storage management services, and hybrid storage integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The storage resource management market also includes sales of storage controllers, management servers, data storage systems, backup and recovery systems, network-attached storage devices, storage area network components, and on-premise storage management appliances. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Storage Resource Management Market Report 2026?

The storage resource management market research report is one of a series of new reports from The Business Research Company that provides storage resource management market statistics, including storage resource management industry global market size, regional shares, competitors with a storage resource management market share, detailed storage resource management market segments, market trends and opportunities, and any further data you may need to thrive in the storage resource management industry. This storage resource management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.