Computational Storage Market Report: Trends, Insights, and Forecast for 2030

According to the study of Next Move Strategy Consulting, the Computational Storage Market is predicted to reach USD 17.82 billion with a CAGR of 15.5% by 2030.

Computational storage involves integrating data storage and processing capabilities within a single storage device, enabling localized data processing. This approach minimizes data transfer overhead on the central processing unit (CPU) and enhances system performance by processing data directly within the storage device. By merging storage and computing functionalities, computational storage optimizes data processing at the storage location, eliminating the need to transfer data to a separate processing unit.

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