TECH SUPPLIER Apr 2022 - Market Presentation - Doc # US49021622
Magnetic Tape Systems: Year-End 2021 Worldwide Results and 2022 Assumptions
Abstract
This IDC Market Presentation shows the results for the tape drive and tape library markets in 2021, with year-over-year changes from 2020. The total tape market grew at a double-digit rate in 2021, and in the near-term future, we expect for a more modest growth trajectory to persist as enterprises continue to invest in the technology, in large part to combat ransomware. Tape has several characteristics that make it a strong defense against ransomware: encryption, immutability, and air gapping due to easy offsite/offline storage.
Coverage
Subscriptions Covered
Multicloud Data Management and Protection
Companies Covered
Overland Storage, Inc., IBM, Oracle Corporation, Hewlett Packard Enterprise, Dell Inc., Spectra Logic Corporation, Quantum Corporation
Regions Covered
Topics Covered
Archiving software, Data protection and recovery software, Hybrid clouds, Tape media, Tape storage
Content
- 13 slides
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