target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Forecast - Doc Document number: # US52508324
Worldwide Storage Software Forecast, 2024–2028: The Market Is Poised for Growth
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Abstract
This IDC study presents key figures and trends of the worldwide storage software market forecast from 2024 to 2028 and highlights some of the main drivers and inhibitors the market will face during that time.
"Demand for storage software technologies will continue to grow as AI/ML and other data-intensive workloads take greater hold across IT departments," said Greg Macatee, research manager, Infrastructure Software Platforms Group at IDC. "In light of these developments and stronger-than-anticipated vendor results that we gathered over the past year, we have upgraded our forecasts in most functional component markets that make up IDC's competitive storage software secondary market."