PUNE, India, November 2, 2016 /PRNewswire/ -- According to the new research report "Next-Generation Data Storage Market by System (Direct-Attached, Network-Attached, Storage Area Network, Software-defined, Cloud, Unified), Architecture (File, Object, Block), Technology (Magnetic, Solid-State), and Industry - Global Forecast to 2022", published by Marketsandmarkets, the market is expected to be valued at USD 144.76 Billion by 2022, at a CAGR of 16.76% between 2016 and 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 67 market data Tables and 67 Figures spread through 168 Pages and in-depth TOC on"Next-Generation Data Storage Market"http://www.marketsandmarkets.com/Market-Reports/next-generation-data-storage-market-12592401.htmlEarly buyers will receive 10% customization on this report. The growth of this market is mainly driven by the increasing volume of digital data, increasing proliferation of smartphones, laptops, and tablets, and growth of the Internet of Things (IoT) market. Direct-attached storage (DAS) market held the largest size in 2015 DAS is the oldest storage system and offers convenient data storage solution. DAS offers simplicity and low-cost solution compared to any other storages. Network-attached storage (NAS) is the second-largest market by size after DAS in the Next-Generation Data Storage Market. The key feature of NAS is the ability to provide multiple-client access to the same file. NAS devices also offer vertical and horizontal scalability. Such solutions are mostly used by enterprises where data security is of prime importance. Market for solid-state storage expected to grow at the highest rate during the forecast period Solid-state drives (SSDs) are one of the fastest and most reliable media for storing data. These drives do not contain any movable parts and use microchips to store data. Due to the non-moving parts, the data stored on these devices is more secured. Availability of hybrid flash arrays is driving the growth of solid-state devices where converged solution for conventional and flash storage is available.