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Global Data Center Storage Market 2018-2022 - ResearchAndMarkets.com

[April 19, 2018]

Global Data Center Storage Market 2018-2022 - ResearchAndMarkets.com

The "Global Data Center Storage Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global data center storage market to grow at a CAGR of 11.83% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the global data center storage market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

A data storage system is responsible for storing business data or information for a specific period according to the needs of end-users. End-users make this data for their own use or make it public for specified purposes. Enterprises of individual users can fetch these data and utilize it through interconnected networks or over the Internet.

One driver in the market is rising data center construction. The emergence of technologis such as cloud computing and big data analytics demands the construction of more data center facilities globally. The popularity of social media and the IoT has increased the requirements for data centers to store and process information accurately with fast retrieval times.

The report states that one challenge in the market is data privacy and security concerns. Data security has been a primary concern for many organizations. Currently, organizations are focusing on data security policies that govern the OpenStack cloud models, which represent a relatively new concept in the market. Also, attacks such as man-in-the-middle (MiTM) attack can adversely affect the object storage component.

Companies Mentioned