TECH SUPPLIER Mar 2021 - Market Forecast - Doc # US47509621
Worldwide Global StorageSphere Forecast, 2021–2025: To Save or Not to Save Data, That Is the Question
By: John RydningResearch Vice President, Global Datasphere, David ReinselSr. Vice President, Global Datasphere, IoT, Mobility, Security, Consumer, Semiconductors, Telecom, Client Computing and Imaging/Print/Document Solutions
This IDC study presents a forecast for the worldwide Global StorageSphere market for 2020–2025. It measures the size of the installed base of storage capacity, storage utilization (or data stored), and the amount of storage available each year. The worldwide Global StorageSphere is forecast by region, media type, consumer or enterprise managed, location (core, edge, endpoint), system type or application, and cloud/noncloud.
"The Global StorageSphere installed base is steadily growing — but at a slower annual growth rate than that of the Global DataSphere, meaning we are saving less of the data we create each year," according to John Rydning, research vice president, IDC's Global DataSphere. "Organizations should consider preparing now to store more data as they seek to achieve digital transformation milestones and improve business metrics by accelerating innovative data analytics initiatives."
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