North America Computational Storage Market (2026-2031)
The North America Computational Storage Market was valued at $372.4 Million in 2026 and projected to reach to $1460.4 Million by 2031, representing a compound annual growth rate of 25.6%. North America's computational storage market is positioned for sustained high-growth expansion through 2031, driven by increasing data volumes, AI/ML workload demands, and enterprise digital transformation initiatives.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
North America Computational Storage Market Trends and Insights
- This 25.6% compound annual growth rate reflects North America's leadership in semiconductor innovation and enterprise data infrastructure modernization.
- North America's dominance is driven by early adoption of advanced storage technologies among hyperscalers, financial institutions, and cloud service providers seeking to optimize data processing efficiency. The region's growth trajectory outpaces global trends as North America continues to invest heavily in AI, machine learning, and edge computing infrastructure.
- North America's established semiconductor ecosystem, coupled with significant R&D spending and venture capital availability, positions the region as a critical market for computational storage vendors.
- By 2031, North America is expected to capture substantial market share as enterprises increasingly deploy computational storage solutions to reduce latency and enhance data center performance..
Key Market Statistics
- CAGR (2026-2031) 25.6% CAGR
- Market Size, 2026 ~USD 372.4 Million
- Forecast, 2031 ~USD 1460.4 Million
- Geography North America
North America Computational Storage Market Overview
Market Valuation Growth :
North America's computational storage market is valued at $372.4 million in 2026 and is projected to reach $1,460.4 million by 2031, representing a 25.6% CAGR and demonstrating strong regional momentum.
Semiconductor Innovation Leadership :
North America leads global semiconductor innovation with major tech hubs in Silicon Valley, Seattle, and Austin driving computational storage adoption across enterprise and cloud infrastructure sectors.
Enterprise Data Infrastructure Modernization :
Enterprises across North America are rapidly modernizing data centers and storage infrastructure, accelerating adoption of computational storage solutions to enhance processing efficiency and reduce latency.
Early Technology Adoption :
North America demonstrates the fastest early adoption rates for advanced storage technologies, with Fortune 500 companies and hyperscalers investing heavily in next-generation computational storage architectures.
North America Computational Storage Market Dynamics
- The region's robust technology ecosystem, coupled with significant R&D investments from major semiconductor manufacturers and cloud providers, will continue to accelerate market penetration.
- Cloud infrastructure providers and data center operators are prioritizing computational storage to optimize performance and reduce operational costs, creating substantial opportunities for solution providers and technology innovators across the region..
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Key Takeaways
- North America's computational storage market will nearly quadruple from $372.4M (2026) to $1,460.4M (2031), driven by enterprise demand for AI and data-intensive workloads.
- North America's 25.6% CAGR reflects the region's technological leadership and accelerated adoption of computational storage across cloud and hyperscale data centers.
- North America's strong venture capital ecosystem and semiconductor manufacturing base create competitive advantages for computational storage innovation and deployment.
- North America enterprises prioritize computational storage to reduce data movement costs and improve processing efficiency in AI, analytics, and real-time applications.
Computational Storage Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | SOFTWARE (Offering) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 29% from 2026 to 2031 |
| Largest Segment | HARDWARE (Offering) |
| Market Size Base Year (Billions) | ~USD 0.93 (2026) |
| Revenue Forecast (Billions) | ~USD 3.33 (2031) |
| Segments Covered | Offering, Hardware, Device Type, End User |
North America Computational Storage Market Report Segmentation
4 segment dimensions are covered across the global market.
By Offering
- Hardware
- Software
By Hardware
- Processors
- Solid-State Drives
By Device Type
- Fixed Computational Storage Devices
- Programmable Computational Storage Devices
By End User
- Cloud Service Providers
- Enterprise Storage
- Government Bodies
Target Audience
- Semiconductor Manufacturers : Need detailed North American market sizing and growth forecasts to prioritize product development, manufacturing capacity planning, and regional sales strategies for computational storage solutions.
- Enterprise IT Decision-Makers : Require market insights and adoption trends to evaluate computational storage investments, benchmark against industry peers, and justify infrastructure modernization budgets to stakeholders.
- Cloud & Data Center Operators : Seek regional market intelligence to optimize storage infrastructure investments, identify emerging technologies, and align service offerings with North American customer demand patterns.
- Investment & Private Equity Firms : Need comprehensive market analysis and growth projections to evaluate investment opportunities, assess portfolio company positioning, and identify acquisition targets in North America's computational storage sector.
- Technology Consultants & System Integrators : Require market data and regional trends to advise clients on computational storage adoption, develop implementation roadmaps, and position solutions within North American enterprise environments.
Key Companies in the North America Computational Storage Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| ADVANCED MICRO DEVICES, INC. | United States | Public Company | Data Center (EPYC, Instinct, Pensando, Alveo),Client (Ryzen, Ryzen AI, Athlon),Gaming (Radeon, semi-custom SoCs for consoles), |
| SAMSUNG ELECTRONICS CO., LTD. | South Korea | Public Company | Smartphones, tablets, wearables, and accessories,Memory, storage, and system LSI,TVs, monitors, and display panels, |
| INTEL CORPORATION | United States | Public Company | Client Computing Group (client and commercial CPUs, discrete client GPUs, edge and connectivity),Data Center and AI (server CPUs, discrete GPUs, networking),Intel Foundry (wafer fabrication, substrates, related services), |
| MARVELL | United States | Public Company | Ethernet controllers, switches, and PHYs,Storage controllers and host interfaces,Optical and electrical interconnect DSPs, |
| ARM LIMITED | United Kingdom | Public Company | CPU IP,GPU and NPU accelerators,System IP and interconnects, |
| NVIDIA CORPORATION | United States | Public Company | Data Center AI & Accelerated Compute Platforms,Networking (High-speed Interconnects & DPUs),Gaming GPUs (GeForce), |
| KALRAY SA | France | Public Company | Storage acceleration cards,AI and compute acceleration cards,Embedded/automotive and edge MPPA solutions, |
| PHISON ELECTRONICS CORP. | Taiwan | Public Company | Client and external SSD solutions,Flash controllers (SSD, USB, card),Embedded eMMC/UFS and industrial/automotive storage, |
ADVANCED MICRO DEVICES, INC.
Advanced Micro Devices, Inc. is a United States-based semiconductor company founded in 1969 that designs and manufactures processors and graphics processing units. With 31,000 employees, AMD operates as a publicly traded company serving the computing, gaming, and data center markets.
SAMSUNG ELECTRONICS CO., LTD.
Samsung Electronics Co., Ltd. is a South Korean multinational conglomerate founded in 1969 with 128,735 employees. The company is a leading manufacturer of semiconductors, consumer electronics, displays, and home appliances, operating as a public company with global market presence.
INTEL CORPORATION
Intel Corporation is a United States semiconductor company founded in 1968 with 85,100 employees. As a publicly traded company, Intel designs and manufactures microprocessors and computing technologies for personal computers, data centers, and enterprise markets.
MARVELL
Marvell is a United States semiconductor company founded in 1995 with 7,480 employees. Operating as a public company, Marvell designs and manufactures integrated circuits for storage, networking, and mobile applications.
ARM LIMITED
ARM Limited is a United Kingdom-based semiconductor design company founded in 1990 with 9,584 employees. Operating as a public company, ARM designs processor architectures and intellectual property licensed to manufacturers worldwide.
NVIDIA CORPORATION
NVIDIA Corporation is a United States technology company founded in 1993 with 42,000 employees. As a publicly traded company, NVIDIA designs and manufactures graphics processing units and system-on-chip units for gaming, professional visualization, and artificial intelligence applications.
KALRAY SA
Kalray SA is a French semiconductor company founded in 2008 with 92 employees. Operating as a public company, Kalray develops processors and computing solutions for data-intensive and edge computing applications.
PHISON ELECTRONICS CORP.
Phison Electronics Corp. is a Taiwan-based semiconductor company founded in 2000 with 2,052 employees. Operating as a public company, Phison designs and manufactures solid-state drive controllers and memory solutions.
Countries within North America - compare and drill down
| Country | 2025 size (native) |
|---|---|
| US | USD 355.3 Million |
| Canada | USD 451.1 Million |
| Mexico | USD 219.9 Million |
Country market size visualization
Reasons to Buy this Report
- Regional Market Sizing & Forecasts : Obtain precise market valuations for North America ($372.4M in 2026) with detailed 5-year forecasts enabling accurate business planning and investment decisions specific to the region.
- Country-Level Breakdown Analysis : Access granular market data for US, Canada, and Mexico, allowing stakeholders to identify high-opportunity markets and tailor go-to-market strategies by country-specific dynamics.
- Competitive Landscape Intelligence : Understand North America's unique competitive positioning, early adopter dynamics, and technology leadership advantages to benchmark against global markets and identify differentiation opportunities.
- Enterprise Adoption Insights : Gain actionable intelligence on North American enterprise modernization trends, cloud infrastructure investments, and data center transformation initiatives driving computational storage demand.
- Strategic Investment Guidance : Leverage regional CAGR analysis (25.6%) and growth trajectory data to support capital allocation decisions, M&A strategies, and market entry planning for North America.
Frequently asked questions
What is the current size of North America's computational storage market?
North America's computational storage market is estimated at $372.4 million in 2026, with expectations to grow significantly through 2031.
What is the projected market size for North America by 2031?
North America's computational storage market is forecasted to reach $1,460.4 million by 2031, representing substantial growth from the 2026 baseline.
What is the CAGR for North America's computational storage market?
North America's computational storage market is expected to grow at a compound annual growth rate of 25.6% between 2026 and 2031.
Which industries are driving North America's computational storage adoption?
North America's growth is primarily driven by hyperscalers, cloud service providers, financial services, and enterprises deploying AI and machine learning applications.
Why is North America a key market for computational storage vendors?
North America's established semiconductor ecosystem, significant R&D investment, venture capital availability, and early enterprise adoption make it a critical market for computational storage innovation and commercialization.
RESEARCH METHODOLOGY
The study involved four major activities in estimating the size of the computational storage market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate segment and subsegment market sizes.
Secondary Research
In the secondary research process, sources such as annual reports, press releases, investor presentations of companies, white papers, and articles by recognized authors were referred to. Secondary research was done to obtain key information about the market’s supply chain, the market’s value chain, the pool of key market players, and market segmentation according to industry trends, region, and developments from both market and technology perspectives.
Primary Research
Extensive primary research has been conducted after understanding and analyzing the computational storage market scenario through secondary research. Several primary interviews have been conducted with key opinion leaders from both demand- and supply-side vendors across four major regions—North America, Europe, Asia Pacific, and the RoW. Approximately 25% of primary interviews have been conducted with the demand side and 75% with the supply side. This primary data has been collected through telephonic interviews, questionnaires, and emails.
Note: “Others” include sales, marketing specialists, and product managers. The 3 tiers of the companies are defined based on their total revenue as of 2024; tier 1: revenue greater than USD 1 billion, tier 2: revenue between USD 500 million and USD 1 billion, and tier 3: revenue less than USD 500 million.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, top-down and bottom-up approaches and several data triangulation methods have been used to estimate and forecast the market size for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been conducted across the complete market engineering process to present key information/insights throughout the report.
The key players in the market have been identified through secondary research, and their market shares in the respective regions have been determined through primary and secondary research. This entire procedure includes studying the annual and financial reports of the top players, as well as extensive interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) to provide key insights (both quantitative and qualitative) on the computational storage market. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Computational Storage Market : Top-Down and Bottom-Up Approach
In the top-down approach, the overall market size has been used to estimate the size of the individual markets (mentioned in the market segmentation) through percentage splits from secondary and primary research. For the calculation of specific market segments, the most appropriate immediate parent market size has been used to implement the top-down approach. The bottom-up approach has also been implemented for the data obtained from the secondary research to validate the market size of various segments. Each company’s market share has been estimated to verify the revenue shares used earlier in the bottom-up approach. With the data triangulation procedure and validation of the data through primaries, the overall parent market size and each individual market size have been determined and confirmed in this study.
Data Triangulation
After arriving at the overall market size through the above process, the overall market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all the segments, market breakdown, and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Market Definition
Computational storage refers to an advanced storage architecture that integrates processing capabilities directly within the storage device, allowing data to be processed where it is stored rather than being transferred to a separate CPU. This approach reduces latency, offloads workloads from the central processor, and improves overall system efficiency, especially in data-intensive applications such as AI, big data analytics, and high-performance computing. By combining storage and computation, computational storage enables faster data handling, real-time analytics, and optimized performance for enterprises and cloud data centers. It represents a shift from traditional storage solutions toward intelligent, workload-aware storage systems.
Key Stakeholders
- Raw material suppliers
- Storage manufacturers
- Semiconductor manufacturers
- Research institutes and government organizations
- Traders, distributors, and suppliers of electronic devices
- Logic device manufacturers
- Semiconductor industry players
Report Objectives
- To define, describe, and forecast the computational storage market based on offering, type, end-use industry, and region
- To forecast the market size across four major regions, namely North America, Europe, Asia Pacific, and the Rest of the World (RoW), along with their respective countries, in terms of value
- To describe and forecast the computational storage market size in terms of volume
- To present detailed information regarding the major factors influencing the market (drivers, restraints, opportunities, and challenges)
- To provide an analysis of the market ecosystem, case studies, patents, technologies, pricing analysis, Porter’s five forces, and regulations pertaining to the market
- To offer a comprehensive overview of the value chain of the computational storage market ecosystem
- To critically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies
- To assess the opportunities in the market for stakeholders and describe the competitive landscape of the market
- To analyze competitive developments, such as collaborations, acquisitions, partnerships, and product developments, in the market
- To analyze the impact of AI/GenAI, the 2025 US tariff, and the macroeconomic outlook for each region covered under the study
Available customizations:
Based on the given market data, MarketsandMarkets offers customizations tailored to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of 25 market players
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Full forecast, segment splits, and company analysis for all Computational Storage Market.
- US Computational Storage Market
- Canada Computational Storage Market
- Mexico Computational Storage Market
- UK Computational Storage Market
- Germany Computational Storage Market
- France Computational Storage Market
- Italy Computational Storage Market
- Poland Computational Storage Market
- Spain Computational Storage Market
- China Computational Storage Market
- Japan Computational Storage Market
- South Korea Computational Storage Market
- India Computational Storage Market
- Australia Computational Storage Market
- Nordics Computational Storage Market
- Rest Of Europe Computational Storage Market
- Rest Of Asia Pacific Computational Storage Market
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