openPR Logo
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

05-29-2020 08:02 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Tape Storage Market

Tape Storage Market

The major companies profiled in the tape storage market report by Allied Market Research include Dell Inc., Fujifilm Holdings Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation, Lenovo, Oracle, Overland Storage, Qualstar Corporation, Quantum Corporation, Seagate Technology PLC, and others.

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: 1017

More Releases from Allied Market Research

Innovation Sparks: The Rise of Vacuum Circuit Breakers Market in Electrical Systems by 2032
Innovation Sparks: The Rise of Vacuum Circuit Breakers Market in Electrical Syst …
Vacuum Circuit Breaker Market by Voltage (Medium Voltage, High Voltage), by Installation Location (Indoor, Outdoor), by End Use Industry (Residential, Commercial, Industrial, Utilities): Global Opportunity Analysis and Industry Forecast, 2023-2032 The global vacuum circuit breaker market was valued at $0.9 billion in 2022, and is projected to reach $1.7 billion by 2032, growing at a CAGR of 5.8% from 2023 to 2032. Download Report Sample and TOC: https://www.alliedmarketresearch.com/request-sample/43391 The global energy landscape is undergoing
Bike Trainers Market Share Growing at 6.9% CAGR to Hit USD 362.6 Million by 2031
Bike Trainers Market Share Growing at 6.9% CAGR to Hit USD 362.6 Million by 2031
According to a new report published by Allied Market Research, titled, "Bike Trainers Market," The bike trainers market size was valued at $162.00 million in 2021, and is estimated to reach $362.6 million by 2031, growing at a CAGR of 6.9% from 2022 to 2031. The smart bike trainers segment is growing at the fastest rate during the forecast period. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/7391 A
Baby Oral Care Market Size Worth USD 2 billion By 2031 | Growth Rate (CAGR) of 4.3%
Baby Oral Care Market Size Worth USD 2 billion By 2031 | Growth Rate (CAGR) of 4 …
According to a new report published by Allied Market Research, titled, "Baby Oral Care Market," The baby oral care market was valued at $1.3 billion in 2021, and is estimated to reach $2 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031. In 2021, the toothbrush segment occupied the largest market share as it is one of the primary implements in maintaining oral health across the
At a CAGR 4.8% Heatless Hair Curler Market Size is Expected to Reach $259.3 Million by 2032
At a CAGR 4.8% Heatless Hair Curler Market Size is Expected to Reach $259.3 Mill …
According to the report, the global heatless hair curler market size was valued at $162.5 million in 2022, and is projected to reach $259.3 million by 2032, growing at a CAGR of 4.8% from 2023 to 2032. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/75093 Prime determinants of growth The heatless hair curler market is driven by factors such as rise in demand for non-damaging and non-invasive hair styling

All 5 Releases


More Releases for Tape

Polyimide Tape (Kapton Tape) Market Overview by 2025: QY Research
Global Polyimide Tape (Kapton Tape) market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail
Global Safety Tapes (Warning Tape) Manufacturers, Global Safety Tapes (Warning T …
Global Safety Tapes (Warning Tape) Market Description:- Wiseguyreports.Com Adds “Global Safety Tapes (Warning Tape) market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2023” To Its Research Database The global Safety Tapes (Warning Tape) market will reach xxx Million USD in 2017 and CAGR xx% 2011-2017. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of
Global Kinesiology Tape Market 2017 - SpiderTech, Healixon, Mueller, KT TAPE, Ro …
The report studies Kinesiology Tape in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 Download Free Sample Report @ https://www.fiormarkets.com/report-detail/15196/request-sample The research report titled Kinesiology Tape has adopted an analytical approach to evaluate the dynamics of the Kinesiology Tape market. It provides a detailed analysis comprising an in-depth research on the
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
Find How Global Polyimide Tape (Kapton Tape) Industry Performing Worldwide?
“Global Polyimide Tape (Kapton Tape) Market Research Report 2016”Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. The Global Polyimide Tape market research report analyzes this market on the basis of its market segments, major geographies and current market trends. Geographies studied in this research report are North America, Asia Pacific, Europe, and Rest of the world. This report provides an all-inclusive examination of the market growth drivers, factors influencing and limiting market
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