|[April 16, 2012]
Research and Markets: Global Data Deduplication Market 2011-2015 - The Global Data Deduplication Market to Grow At A CAGR Of 31.71 Percent over the Period 2011-2015
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/3c43498d/global_data_dedupl)
has announced the addition of the "Global
Data Deduplication Market 2011-2015" report to their offering.
One of the key factors contributing to this market growth is increased
implementation of unstructured data applications on storage platforms.
The Global Data Deduplication market has also been witnessing increased
use of cloud-based computing. However, the need for efficient data
compression mechanisms could pose a challenge to the growth of this
Key vendors dominating this market space include EMC Corp., NetApp Inc.,
Symantec Corp. (News - Alert), IBM Corp., and Hewlett-Packard Co.
Commenting on the report, an analyst from TechNavio's Data Centers team
said, Currently, organizations are increasingly using unstructured data,
and there is a need to safeguard its use. Data deduplication is used as
a medium to compress and store data in an organized manner. Various
mechanisms of compressing data are defined to be used in various
instances and types of data. The increasing need to structure data
storage is driving the Global Data Deduplication market.
According to the report, the task of integrating the complex combination
of storage tools from various vendors is a challenge to organizations.
They are finding it difficult to manage data storage in various
components. Moreover, operational costs associated with hiring an expert
to manage the complex architecture are also increasing. Data
deduplication software solutions provides a relief to organizations from
the complexity of hardware infrastructure.
Further, the report also discusses that the need to incorporate
efficient data storage and the efficient management of storage devices
is a challenge to the Global Data Deduplication market.
For more information visit http://www.researchandmarkets.com/research/3c43498d/global_data_dedupl
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