Disk storage solutions market to grow 7.9 percent by 2015

Disk storage solutions market to grow 7.9 percent by 2015

June 25

The need for improved disaster recovery for businesses was highlighted recently in Infiniti Research’s Global External Disk Storage Market 2011 – 2015 report. According to the study, the external disk storage market is expected to increase by 7.9 percent between 2011 and 2015, with growth in the automated-tiered storage area.

Backup hard drive solutions provide businesses with a quick and convenient on-site method for data backup and recovery. Combined with cloud-based storage solutions, these methods can provide complete security of business files and related data with secondary backup solutions that are easy to access, secure, and protected from physical disasters.

According to the study, which examined the disk storage markets in the Americas, APAC, and EMEA regions, this growth could be offset by rapidly evolving technology. Some businesses may hold off on purchasing hardware, waiting for the next product to be released. However, this could negatively affect business continuity strategies as well. By waiting for the newest technology, a company is putting its data at risk today, which could potentially ruin the business if disaster strikes before the new tech is even released. Therefore, it is vital to invest in backup and recovery software and hardware today, rather than waiting until it’s too late.