Press release
Tape Storage Market to See Huge Expansion by Revenue | Top Industry Players are: Dell Inc., Fujifilm Holdings Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation, Lenovo, Oracle, Overland Storage
Tape Storage Market
Download Report Sample for More Insights: https://www.alliedmarketresearch.com/request-sample/5927
The tape storage market is segmented based on technology, component, vertical, end user and region.
Based on technology, the market is categorized into LTO-1 to LTO-5, LTO-6, LTO-7, LTO-8, DDS-1, DDS-2, DDS-3, DDS-4, and DLT IV. By component, it is bifurcated into tape cartridges and tape vault. Based on vertical, it is categorized into IT & telecommunication, banking, financial services, & insurance, media & entertainment, research & academia, healthcare, oil & gas, government & defense, and others. Based on end user, it is divided into cloud providers, data centers, enterprises, and others. The enterprises segment is further sub-divided into SMEs and large enterprises. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.
Tape storage or magnetic tape data storage is a system that is used for storing digital information on magnetic tape using digital recording. Tape drive is a device that performs writing or reading of data. Tape storage is based on one of the oldest concepts of digital information storage. Although magnetic tape was initially used for data storage, but now it is used for system backup, data archive, and data exchange. The key benefits of tape storage are long-term durability, low cost, and high data storage capacity.
In tape storage technology, there is no online copy of the data because all the information is vaulted for the long term. The main motive to use the tape storage is that to protect enterprise's data from cyber-attacks by eliminating the option of network connectivity. But its drawback is that the quick retrieval of data is not possible. In addition, a special care is needed to be taken to keep magnetic tape in a clean environment because the damage in the physical tape can destroy the data. Increase in cybersecurity threats and rise in number of ransomware attacks are the prime factors that bound the industries to move toward tape storage. Therefore, cybersecurity threats are one of the major factors that drives the growth of the tape storage market.
Get detailed COVID-19 impact analysis on the Tape Storage Market: https://www.alliedmarketresearch.com/request-for-customization/5927?reqfor=covid
In addition, increase in number of end-user industries demanding efficient tape storage is also expected to fuel the market growth. Furthermore, growth in industrialization is increasing the number of organizations globally that increases the demand for data backup; thereby, fueling the growth of the tape storage market. However, requirement of high initial investments for tape store is anticipate to restrain the market growth.
The significant impacting factors to the tape storage market include rise in concern toward threats of ransomware attacks and growth in industrialization and trade in developing economies. In addition, the restraining factors by which the market is influenced include high initial investment and the necessity to keep magnetic tape in a clean environment. Each of these factors is anticipated to have a definite impact on the tape storage market during the forecast period.
Interested? Do Purchase Enquiry Now: https://www.alliedmarketresearch.com/purchase-enquiry/5927
KEY BENEFITS FOR STAKEHOLDERS
o This study comprises analytical depiction of the tape storage market share with current trends and future estimations to depict the imminent investment pockets.
o The overall potential is determined to understand the profitable trends to gain a stronger foothold in the tape storage industry.
o The tape storage market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
o The current market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
o Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Technology
o LTO-1 to LTO-5
o LTO-6
o LTO-7
o LTO-8
o DDS-1
o DDS-2
o DDS-3
o DDS-4
o DLT IV
By Component
o Tape Cartridges
o Tape Vault
By Vertical
o IT & Telecommunication
o Banking
o Financial Services & Insurance
o Media & Entertainment
o Research & Academia
o Healthcare
o Oil & Gas
o Government & Defense
o Others
By End User
o Cloud Providers
o Data Centers
o Enterprises
o Others
BY REGION
o North America
o U.S.
o Canada
o Mexico
o Europe
o Germany
o France
o UK
o Spain
o Russia
o Rest of Europe
o Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Africa
Tape Storage Market Size, Share | Industry Trends and Analysis by 2026: https://stocknewsweek.com/2020/03/27/tape-storage-future-of-data-storage-market-scope-and-demand-analysis/
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tape Storage Market to See Huge Expansion by Revenue | Top Industry Players are: Dell Inc., Fujifilm Holdings Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation, Lenovo, Oracle, Overland Storage here
News-ID: 2062396 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Tape
What is the difference between packing tape and shipping tape?
Understanding the Essentials for Secure Packaging
In the busy world of logistics and packaging, two types of tape are often mentioned: packing tape and shipping tape. While both serve to secure and seal packages, they differ in their intended use, materials, and characteristics. Understanding these differences is essential for ensuring the most effective and efficient packaging process.
1. Definition and Purpose
Packing Tape: Packing tape, also known as packaging tape [https://www.copa-tape.com/packaging-tapes/], is a…
Global Carrier Tape And Cover Tape For Semiconductor Market Size by Application, …
USA, New Jersey- According to Market Research Intellect, the global Carrier Tape And Cover Tape For Semiconductor market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The burgeoning global electronics and semiconductor industries are driving the steady growth of the semiconductor carrier tape and cover tape…
PET Tape And Paper Tape Versatility In Crafting
When it comes to crafting and DIY projects, the right tools and materials can make all the difference. PET tape [https://www.misilcraft.com/pet-tape/] and washi tape are two popular choices for crafters, both offering unique qualities and versatility for a variety of creative activities.
PET tape, also known as polyester tape [https://www.misilcraft.com/pet-tape/], is a strong and durable tape commonly used in packaging, electrical insulation and other industrial applications. However, it has also found…
Easy Tape Reviews - Smart Portable Digital Tape Measurer
After spending a lot of time researching, talking to experts, and looking at Easy Smart Tape, here's what we found. People who use it really like it - it got a high rating of 4.9 out of 5.0, making it one of the best digital smart tapes out there. If you're looking for a rechargeable smart tape that's both affordable and durable, Easy Smart Tape might be just what you…
PVC Tape Market 2017- 3M, Tesa Tape, Surface Armor, NITTO DENKO, TUFTAPE FZCO, S …
MarketReports.biz, recently published a detailed market research study focused on the "PVC Tape Market" across the global, regional and country level. The report provides 360° analysis of "PVC Tape Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PVC Tape industry, and estimates the future trend of PVC Tape market on…
Heat Shrink Tape, Insulation Tape, Medium Voltage Insulation Tape, Protection Vo …
Yamuna power offers the Heat Shrink Tape with various features such as Reduces bus bar clearance requirements, Protects against accidental flash over, Halogen free, Shrink at Temperature: 120o C, Anti-track and many more. The heat shrink tape to mend holes and attach cables. This is called the heat shrink cable because it shrinks after heat is applied to it. the tape is based on the compressive principle so that it…
