Smart Business

Ideas for growth and success Smart Business

[Chart] The Location of Data is Changing

Source:  Seagate Market Research & Competitive Intelligence.

Consider what this chart tells us…

In 2011, 450 Exabytes were shipped, 25% of which went into the cloud.  In 2020, 7000 Exabytes (7 Zettabytes) will ship, 60% of which will go in the cloud. That’s a 15x growth in total capacity demand over the next 8 years. Heck, in the cloud alone, storage will grow from 112.5 Exabytes in 2011, to 4,270 Exabytes in 2020. That’s 38x growth! The whole pie is getting much bigger.

But the cloud is not the be all end all. Client-based local storage will also see growth, growing from 279 Exabytes to 2,170 Exabytes. That’s 7x growth — not as fast as cloud, but demand for local capacity remains strong.

Bottom line, storage is poised for huge growth over the next decade, and with such demand comes innovation in Hard Disk Drives (HDDs), Solid State Drives (SSDs), and Solid State Hybrid Drives (SSHDs) whether you choose to store your content here (locally), or up there (cloud).

We’ll talk about the role of HDD vs SSD in a future “Chart.”

Related Posts:

[Infographic:] Data — You Cannot Stop It

There’s Data in them there hills!

Storage: is the tail now wagging the dog? It depends…

The internet is going to be this big 1,300,000,000,000,000,000,000


Post a Comment

Your email is never shared.

* Required fields

* Seagate will review all blog submissions and determine, in its sole discretion, whether such submissions will be posted for broader viewing. No blog comment will be considered for posting if deemed potentially damaging to Seagate's reputation or insufficiently aligned with the relevant blog topic. Without in any way limiting the foregoing, no submissions will be posted that contain: confidential company information; profanity; racial slurs; gratuitous references to sex, substance use, or violence; or statements that are in any way contrary to the letter or spirit of Seagate's Code of Business Conduct and Ethics.