Industry Leader Predicts All-Flash Data Storage Will Power the Next Wave of AI
Yuan Yuan, President of Huawei Scale-Out Storage Domain, shares his perspectives on the critical role of data storage in powering the next generation of digital innovation.
As the world's appetite for data grows, data centers now do more than store information, including managed storage, backup, infrastructure outsourcing, and AI training.
- Global enterprise data centre and hosting market worth US$112.4 billion in 2024
- Forecast to grow to $188.2 billion by 2029, a CAGR of 10.9%
Despite growth, most data centers struggle with limited space and power, and face performance bottlenecks, particularly with demanding AI workloads.
According to GlobalData forecasts, the global enterprise data centre and hosting market is expected to experience significant growth.
Author's summary: Data storage will power the next wave of AI innovation.