Press release
Up until 2033, Detailed Industry Data Analysis and Growth Projections are given for the Tape Storage Market
Tape Storage Market
On average, over the anticipated time horizon, the tape storage market is expected to grow. Along with a rise in customer decision-making, there is an increase in the demand for digital innovation. Additionally, public-private partnerships are required for both organic and inorganic development due to the use of interoperable data and data analytics.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/14725
The technology is well-suited for enterprise-grade digital data archival owing to features such as high data storage capacity, low procurement expenditure & power consumption, and long-term durability. In the tape storage market, several established vendors are offering specialized tape storage for different end-user verticals, such as government & defense, oil & gas, healthcare, research & academia, media & entertainment, BFSI, and IT & telecommunication.
The global tape storage market was valued at US$ 5,799.4 Mn in 2017. By the end of the forecast year 2026, the global tape storage market is expected to reach a market value of US$ 6,527.2 Mn. In the global tape storage market report, Persistence Market Research has segregated the global tape storage market by technology, by end user, by industry, by component, and by region. By technology, the global tape storage market can be segregated into SDLT, DLT IV, DDS-1, DDS-2, DDS-3, DDS-4, LTO-1 to LTO-5, LTO-6, LTO-7, and LTO-8.
These tape storage technologies prevent the information stored on the tapes from falling prey to cyber-attacks as they are not connected to the network infrastructure of the enterprise. Tape cartridge and tape drive roadmaps are expected to continue the trend of supporting capacity doubling upgrades in a 24-month to 30-month cycle for 2+ generations in the tape storage market. Owing to these factors, LTO-7 and LTO-8 technology formats of tape storage are estimated to record growth rates of 2.0% and 7.9% respectively during the forecast period.
Based on end users, the global tape storage market is sub-segmented into enterprises, data centers, cloud providers, among other tape storage end users. The enterprise sub-segment is further classified into large enterprises and small & medium enterprises. As compared to the adoption rate expected from SMEs, large enterprises are estimated to record a larger market share by the end of the forecast period. The continuous rise in enterprise-grade digital data volumes and high digital data storage capacities offered by tape storage technology are estimated to be the primary drivers of the global tape storage market.
Ask for Customization @ https://www.persistencemarketresearch.com/request-customization/14725
Companies
Dell Inc.
Fujifilm Holdings Corporation
Hewlett Packard Enterprise Development LP
IBM Corporation
Lenovo
Oracle
Overland Storage
Qualstar Corporation
Geographically, the tape storage market in North America is estimated to continue holding the largest market share of the global tape storage market by the end of the forecast year 2026 due to the high adoption of next-generation tape storage technologies in the region, especially in the U.S. The tape storage market in the Southeast Asia and Others of Asia Pacific region is expected to hold the second largest share of the tape storage market and is estimated to be the target market for established market players.
Key segments in the global tape storage market:
Technology
LTO-1 to LTO-5
LTO-6
LTO-7
LTO-8
DDS-1
DDS-2
DDS-3
DDS-4
DLT IV
SDLT
Industry
IT and Telecommunication
Banking, Financial Services, and Insurance
Media and Entertainment
Research and Academia
Healthcare
Oil and Gas
Government and Defense
Others
End User
Cloud Providers
Data Centers
Enterprises
Small and Medium Enterprises
Large Enterprises
Others
Component
Tape Cartridges
Tape Vault
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT 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 Up until 2033, Detailed Industry Data Analysis and Growth Projections are given for the Tape Storage Market here
News-ID: 2911432 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
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…
