TECH BUYER Nov 2019 - IDC Perspective - Doc # US45598619
The Evolving Market for Enterprise Storage: Hybrid Cloud, NVMe, and Software Defined Are the Next Wave
This IDC Perspective provides a broad overview of recent developments in enterprise storage, identifying and explaining trends that will impact market evolution for the next several years. Even as growth in the overall enterprise storage market remains quite low, there are rapidly growing market subsegments. Exciting innovations in these high-growth areas focus around hybrid cloud integration, NVMe technologies, and the move to more software-defined capabilities.
"With cloud projected to increase its share of overall IT spending in coming years, it is imperative that storage vendors adapt their portfolios to align with areas of market growth and work hand in hand with cloud environments," said Sebastian Lagana, research manager, Infrastructure Systems, Platforms, and Technologies Group at IDC. "Promoting interoperability, presenting unified management, and focusing on hardware development efforts in areas like NVMe and HCI will be key to this effort."