The demand for storage software is driven by the need for secure and easy access to data and the importance of data retention for future use. Further, the increase in demand for data protection and Information Lifecycle Management (ILM) is also contributing to demand for storage software. In addition, regulations and compliance such as Sarbanes-Oxley Act further drives the sales of storage software and data management suites.
Further, data hardware requirements are doubling every 18 months and the increase of appetite for faster, bigger storage arrays are increasingly growing to keep up with business needs. Digitalization of content, data protection, disaster recovery and business continuity solutions, and long-term data retention, continue to make positive contributions to storage capacity growth. Content-rich business applications in areas such as telecommunications, media/entertainment, and Web 2.0 are also driving storage capacity needs.
In addition, demand for storage performance, responsiveness and availability, increasing value of data, need to backup, budget constraints, and environmental responsibility are the key drivers of storage management services.
Aligning storage infrastructure with changing business requirements, corporate data protection and recovery policies, reuse of data to support the changing needs of enterprise are driving demand for storage-related consulting and consolidation services.
This is a bundle of three technology market assessment reports: “Storage Software Market 2007-2010”, “Storage Hardware Market 2007-2010” and “Storage Management Services Market 2007-2010”. Bundled reports are available at an attractive discount over the individual reports.
The report forecasts the market size of Storage Software, Hardware and Storage Management Services over the period 2007-2010. Further, the total market is segmented into various geographic regions and verticals. The report also presents market size for major countries in various regions. In addition, the report identifies key selling drivers for of Storage Software, Hardware and Storage Management Services for major verticals.
This report can help IT vendors identify target geographies and verticals. Further, the sales drivers can be used to penetrate the identified vertical or increase the current share of the customer's wallet.
TechNavio Insights is a set of reports based on TechNavio – a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.