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Worldwide Global StorageSphere Forecast, 2023-2027: Despite Decreased Petabyte Demand Near Term, the Installed Base of Storage Capacity Continues to Grow Long Term

Publisher IDC
Published May 31, 2023
Length 24 Pages
SKU # IDC17976812

Description

Worldwide Global StorageSphere Forecast, 2023-2027: Despite Decreased Petabyte Demand Near Term, the Installed Base of Storage Capacity Continues to Grow Long Term


This IDC study presents a forecast for the worldwide Global StorageSphere for 2023–2027. It measures the size of the installed base of storage capacity, storage utilization (or data stored), and the amount of storage available each year. The worldwide Global StorageSphere is forecast by region, storage media type, consumer or enterprise managed, location (core, edge, endpoint), system type or application, and cloud/noncloud."The installed base of storage capacity in IDC's Global StorageSphere is growing more slowly than expected a year ago," according to John Rydning, research vice president, Global DataSphere at IDC. "As organizations evaluate the use of AI and plan for its adoption, it will be imperative to evaluate in parallel appropriate future data storage infrastructure requirements and retention policies."

Please Note: Extended description available upon request.

Table of Contents

24 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Is There Sufficient Storage Capacity to Store All of the Data Created Each Year?
Will AI Adoption Impact the Growth Trajectory of the Global StorageSphere?
Worldwide IDC Global StorageSphere Forecast
Storage Utilization Rates Are Moving Higher: The Reasons Why
Cloud and Noncloud
Enterprise Datacenter StorageSphere
IDC Global StorageSphere by Core, Edge, and Endpoint
Regional IDC Global StorageSpheres
IDC Global StorageSphere by Consumer Versus Enterprise
IDC Global StorageSphere by System/Application
IDC Global StorageSphere by Storage Media Type
Market Context
Drivers and Inhibitors
Drivers
Declining Cost of Storage Media
Growth of Data Created in IDC's Global DataSphere
Inhibitors
Storage Utilization Rate and Storage Efficiency Improvements
Near-Term IT Spending Changes
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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