Tape storage is a low-cost, reliable way to store data. Large cloud providers and many financial institutions use it for large amounts of data. In recent years, object storage has become popular. People who store large amounts of data on disk are migrating to tape using appliances. Some research institutes like CERN also use it for storage. In addition to media and finance, tape has many other uses, including scientific research.
The tape storage market is segmented into data centers and cloud providers, as well as enterprises and regionally. The report also identifies key market drivers and restraints and presents a quantitative impact analysis. The report also presents an overview of the tape storage market. The table below compares three leading technologies. These technologies are available for a variety of storage purposes, and their benefits are highlighted in the following paragraphs. If you're considering purchasing tape storage, it will be beneficial to do so now.
In addition to cloud services, tape storage technology can continue to scale for another 10 years. According to IBM, by 2025, the data industry is projected to grow to 175 zettabytes per year. The shift is being driven by the hybrid cloud model, and the vast majority of backup is on tape. The cost of data storage is growing rapidly, and the need to control it is critical. This is where tape comes in.
The speed of the tape is a key consideration. While the speed of disk and cloud storage is the most cost-effective, the speed of data recovery is a business-critical metric. As such, time is of the essence for any company. As such, the scalability of tape is an important factor in deciding whether to purchase it. Fortunately, the cost of the various tape technologies is not prohibitively expensive. Those on a budget can easily afford it.
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