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This research report considers revenues generated through storage services such as storage management, deployment and support, consulting, and system integration. Technavio’s market research analysts predict the global storage services market to grow at a CAGR of nearly 8% over the next four years.
The essential building blocks of storage infrastructure are primary storage, backup, recovery, archiving, and analytics. As per the forecast, the enterprises data segment is likely to witness an exponential increase in data with the growing prevalence of social media, mobility, analytics, cloud, and internet of things. Enterprise CIOs are likely to face a tantamount challenge in terms of accommodating the increasing demand for space in data centers. To address this issue, CIOs are looking for converged storage systems that offer virtualization, resilience, optimization, orchestration and modularity.
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