This IDC study provides forecasts for the most critical new drivers of storage industry development and market expansion: storage solutions for public and private clouds. It provides insights into the forces that drive spending on storage hardware, software, and professional services by public cloud service providers of all types.
The continued expansion of public cloud service environments remains a critical opportunity for suppliers of storage systems, storage software, and storage professional services, but these customers' demands are unique depending upon scale and deployment methodology as the DIY approach continues to be a disruptive trend. Total spending on storage systems, software, and professional services by these public cloud service providers will increase at a 21.9% CAGR to $12.2 billion in 2016.
The storage industry is also in a position to be among the major beneficiaries of the deployment of private cloud environments. The largest opportunity will be professional services spend surpassing storage hardware as more enterprises transform to service-centric IT delivery models in an effort to improve time to market while reducing head count.
"The expansion and adoption of the 'cloud' as an integral part for information services delivery will continue to be one of the most important developments in the evolution of the IT market. The storage industry has the potential to be one of the biggest beneficiaries of this trend, but suppliers must choose the appropriate part of the storage value chain to deliver the right solutions to differing organizations of size and scale to meet their unique business needs." — Dan Iacono, research director, Storage
Applications, Archival storage solutions, Big data, General-purpose disk storage, Private cloud services, Public cloud services, Scale-out file systems, Storage, Storage Services, Storage and the cloud, Storage software, Storage systems