Big Data Drives Big Demand for Storage, IDC Says
IDC Press Release
FRAMINGHAM, Mass. – As demand for Big Data technology and services continues to escalate, all levels of the Big Data technology stack will experience significant growth. Storage is a critical piece of the infrastructure component, increasing at a compound annual growth rate (CAGR) of 53% between 2011 and 2016. International Data Corporation (IDC) has just published two in-depth studies – Storage for Big Data: Insight Into Usage Patterns(IDC #240372) and Influencers in Deployment of Storage for Big Data (IDC #240451) – built on findings from its first-ever survey on storage infrastructure for Big Data and analytics (BD&A).
The amount of data generated, processed, and stored by most organizations will continue to grow aggressively for the foreseeable future. “Storage will be one of the biggest areas of infrastructure spending for Big Data and analytics environments over the forecast period,” said Ashish Nadkarni, Research Director, Storage Systems. “Revenue from storage consumed by BD&A environments will increase from a mere $379.9 million in 2011 to nearly $6 billion in 2016. This growth will come largely from capacity-optimized systems (including dense enclosures), however, software-based distributed storage systems with internal disks to store post-processed data will also be embraced by some users.”
