target audience: TECH SUPPLIER  Publication date: Apr 2024 - Document type: Market Presentation - Doc  Document number: # US52010224

Magnetic Tape Market Results and Outlook: Year-End 2023

By:  Greg Macatee Loading


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This IDC Market Presentation details year-end 2023 revenue and unit shipment results of the branded tape and factory out (ODM) tape drive and tape library market segments. This IDC Market Presentation also includes select vendor market shares by product.

Tape continues to remain popular among technology buyers as a cost-effective and air gapped solution for long-term archive storage. It also plays a valuable role as a combatant against ransomware with encryption and immutability capabilities due to easy offsite and offline storage.


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