Press release
Tape Storage Global Market Report 2025: Surging Data Volumes Drive Market Growth of $10.3 billion at CAGR 12.8%
Tape Storage Market Overview
What Is The Projected Market Size Of The Global Tape Storage Market And Its Growth Rate?
• The Tape Storage market size went from $5.76 billion in 2024 to an estimated $6.37 billion in 2025, growing at a CAGR of 10.6%.
• The market is projected to grow rapidly in the next few years to reach $10.3 billion in 2029, growing at a CAGR of 12.8%.
What Is Driving The Growth In The Tape Storage Market?
The key driver of growth in the Tape Storage market is the rapid increase in data volumes, which can be attributed to factors like the proliferation of IoT devices, the rise of cloud computing, big data analytics, digital content creation, and the increasing use of artificial intelligence and machine learning. Organizations are turning to Tape Storage for managing the growing amount of data they generate, as it offers a reliable and cost-efficient solution for long-term data archiving and backup. For instance, in December 2022, The Linux Foundation reported a significant increase in data growth, with average end-user organizations reaching 2,208 TB-a 215.43% rise from the 700 TB recorded in 2021.
Request A Free Sample Copy:https://www.thebusinessresearchcompany.com/sample.aspx?id=7512&type=smp
Who Are the Key Players Driving Tape Storage Market Growth?
Major companies operating in the tape storage market include:
•Dell Technologies Inc.
•Hitachi Ltd.
•Sony Corporation
•Lenovo Group Limited
•International Business Machines Corporation
•Oracle Corporation
•Hewlett Packard Enterprise Company
•Fujitsu Limited
•Toshiba Corporation
•Fujifilm Holdings Corporation
•Western Digital Corporation
•TDK Corporation
•Seagate Technology Holdings plc
•NetApp Inc.
•Iron Mountain Incorporated
•Qualstar Corporation
•Maxell Holdings Ltd.
•Quantum Corporation
•Barracuda Networks Inc.
•BDT Media Automation GmbH
•Overland Tandberg EMEA
•Spectra Logic Corporation
•Tandberg Data GmbH
•QStar Technologies Inc.
•Sphere 3D Corp
•GlassBridge Enterprises Inc.
•Imation Corp
•Advanced Digital Information Corporation
•StorageTek Corp
What Are The Key Trends In The Tape Storage Market?
Key trends in the Tape Storage market include:
•Development of energy-efficient tape storage technologies
•Enhancements in data encryption and security features
•Utilization of tape storage in hybrid multi-cloud environments
•Introduction of tape storage as a service (TSaaS)
•Collaborations for standardization and interoperability
What Are The Segments Of The Global Tape Storage Market?
The Tape Storage market is segmented as follows:
•By Capacity: Archiving, Backup
•By Component: Tape Cartridges, Tape Vault
•By Technology: LTO-1 To LTO-5, LTO-6, LTO-7, LTO-8, LTO-9, DDS-1, DDS-2, DDS-3, DDS-4, DLT IV
•By End-Use: Cloud Providers, Data Center, Enterprises
•By Industrial Vertical: Information Technology (IT) And Telecom, Banking, Financial Services, And Insurance (BFSI), Media And Entertainment, Healthcare, Oil And Gas, Government And Defense
Which Region Leads The Tape Storage Market?
North America was the largest region in the tape storage market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tape storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Pre-book the Report for Swift Delivery:https://www.thebusinessresearchcompany.com/report/tape-storage-global-market-report
What Is Covered In The Tape Storage Global Market Report?
- Market Size Analysis: Analyze the Tape Storage market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Tape Storage Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Tape Storage Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Tape Storage Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report](https://www.thebusinessresearchcompany.com/customise?id=7512&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Market Report 2025: Surging Data Volumes Drive Market Growth of $10.3 billion at CAGR 12.8% here
News-ID: 3845886 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion 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…
