Tape Storage Market to Reach $9.42 billion by 2030

Tape Storage Market

Tape Storage Market

PORTLAND, OREGON, UNITED STATES, September 28, 2021 /EINPresswire.com/ -- As per the latest report published by Allied Market Research, titled, “Tape Storage Market by Component (Tape Cartridges and Tape Vault), Technology (LTO-1 to LTO-5, LTO-6, LTO-7, LTO-8, LTO-9, DDS-1, DDS-2, DDS-3, DDS-4, and DLT IV), Capacity (Less Than 1 TB, 1 TB to 200 TB, 201 TB to 999 TB, 1 PB to 100 PB, and More Than 100 PB), Use Case (Archiving and Backup), End Use (Cloud Providers, Data Center, and Enterprises), and Industry Vertical (IT & Telecom, BFSI, Media & Entertainment, Healthcare, Oil & Gas, and Government & Defense): Global Opportunity Analysis and Industry Forecast, 2020–2030” the Tape Storage Market size is expected to reach from $4.31 billion in 2019 to $9.42 billion by 2030, growing at a CAGR of 7.8% from 2020 to 2030.

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The Tape Storage Market research report portrays an exhaustive analysis of the types, applications, end users, and regions. Based on region, the study provides the pertinent trends across North America, Asia-Pacific, Europe, and LAMEA. It also takes in an explicit examination of the significant market trends, driving factors, leading market players, and top investment takes. Simultaneously, it also focuses on how the recent technological developments & innovations have impacted the Tape Storage Market growth. At the same time, a detailed depiction of how these players have assimilated several strategies to withstand the strong competition in the sector has put on immense value to the report.

Competitive study

The Tape Storage Market report takes in an analysis of the leading market players include Dell Technologies Inc., Hewlett Packard Enterprise, International Business Machines Corporation, Lenovo, Oracle Corporation, Overland Tandberg, QStar Technologies, Inc., QUALSTAR CORP., Quantum Corporation, and Spectra Logic Corporation.

It also sheds light on the important business stratagems to help them reinforce their status in the market. The market report portrays all the relevant statistics, charts, and tables to hold out a detailed study of the sector.

The Tape Storage Market report doles out an exclusive overview of the market. SWOT breakdown of the leading frontrunners along with financial examination, portfolio inquiry of their services & products, and their business overview have also been thoroughly discussed. Furthermore, the report offers the nitty-gritties of the latest market developments including market expansion, joint undertakings, and product launches for the shareholders in order to help them get a better understanding the long-term productivity of the market.

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The Report Covers Below Key Points-

• The prospective business segments
• Segments generating the highest revenue
• The regional demand for the services or products
• Explicit evaluation of the key Tape Storage Market players
• Innovative strategies incorporated by the leading players to retain their revenue flow during the pandemic

COVID-19 scenario-

The outbreak of the COVID-19 has had a negative impact on the global Tape Storage Market. The extended lockdown and ban on international travel in the majority of countries gave way to distorted supply chain, thus leading to a veritable crunch, especially during the initial phase. The study also examines the post-COVID-19 aspects along with portraying how the initiation of mass vaccination programs by several government bodies is going to help the market come back on track soon.

Key Benefits from Tape Storage Market:

• This study comprises analytical depiction of the global Tape Storage Market size along with the current trends and future estimations to depict the imminent investment pockets.
• The overall Tape Storage Market analysis is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current Tape Storage Market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the vertical farming industry.
• The report includes the Tape Storage Market share of key vendors and market trends.

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Key Market Segments

• BY TECHNOLOGY
o LTO-1 to LTO-5
o LTO-6
o LTO-7
o LTO-8
o LTO-9
o DDS-1
o DDS-2
o DDS-3
o DDS-4
o DLT IV
• BY COMPONENT
o Tape Cartridges
o Tape Vault
• BY CAPACITY
o Less Than 1 TB
o 1 TB to 200 TB
o 201 TB to 999 TB
o 1 PB to 100 PB
o More Than 100 PB
• BY USE CASE
o Archiving
o Backup
• BY END USE
o Cloud Providers
o Data Center
o Enterprises
• BY INDUSTRY VERTICAL
o IT & Telecom
o BFSI
o Media & Entertainment
o Healthcare
o Oil & Gas
o Government & Defense
• BY REGION
o North America
 U.S
 Canada
 Mexico
o Europe
 Germany
 UK
 France
 Rest of Europe
o Asia-Pacific
 China
 Japan
 India
 South Korea

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Analytics LLP
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