PUBLISHER: IDC | PRODUCT CODE: 1284933
PUBLISHER: IDC | PRODUCT CODE: 1284933
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."
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
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
