Software-Defined Storage (SDS): Flexibility and Scalability Unleashed
The next-generation data storage market is a rapidly evolving sector driven by the exponential growth of data generated from various sources, including IoT devices, social media, digital transactions, and enterprise applications. As traditional storage solutions struggle to keep pace with higher capacity, speed, and efficiency demands, Next-generation storage technologies are emerging to address these challenges. Key trends and drivers, types of technologies, and the market outlook are central to understanding this dynamic market. Key Trends and Drivers Data Explosion : The sheer volume of data generated daily necessitates advanced storage solutions that efficiently handle massive amounts of information. Estimates suggest that by 2025 the global data sphere could reach 175 zettabytes. Cloud Adoption : The shift to cloud computing has revolutionized data storage. Organizations are increasingly adopting cloud storage solutions for scalability, cost-effectiveness, and accessibility. IoT