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Global Tape Storage Market: By Capacity: Less Than 1 TB, 1 TB to 200 TB, 201 TB to 999 TB, 1 PB to 100 PB, More than 100 PB; By Component; By Technology; By Use Case; By End-Use; By Industry Vertical; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Tape Storage Market Outlook

The global tape storage market attained a value of about USD 4.8 million in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 7.4% to reach nearly USD 7.5 million by 2026.

 

The Asia Pacific to Witness the Fastest Growth During the Forecast Period

Regionally, North America holds the dominant position in the global market for tape storage due to the presence of numerous large enterprises. The Asia Pacific region is projected to register the highest CAGR during the forecast period owing to the emerging growth in demand from enterprises and consumers and because of expanding market players in the region. Among the various industry verticals, the IT and telecom industry accounted for the highest demand for tape storage and is likely to secure the leading position during the forecast period.

 

Global Tape Storage Market

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Moreover, daily worldwide production of data is witnessed to be skyrocketing, owing to the advent of HD 4K/8K videos, IoT, and AI-based big-data analysis. To fulfil this demand, the emergence of high-capacity tape storage is likely to aid the market growth positively.

 

Tape Storage: Industry Definition and Segmentation

Tape storage, also known as magnetic tape data storage, is a system that uses magnetic tape as a recording media for the purpose of offline, archival data storage. Despite the competition it faces from contemporary advanced storage devices, tape storage remains popular among organisations and consumers for its long archival stability.

The market is divided on the basis of capacity into:

  • Less Than 1 TB
  • 1 TB to 200 TB
  • 201 TB to 999 TB
  • 1 PB to 100 PB
  • More Than 100 PB

The major components of tape storage are:

  • Tape Cartridges
  • Tape Vault

By technology, the market can be divided into:

  • LTO-1 to LTO-5
  • LTO-6
  • LTO-7
  • LTO-8
  • LTO-9
  • DDS-1
  • DDS-2
  • DDS-3
  • DDS-4
  • DLT IV

On the basis of use case, the segments are:

  • Archiving
  • Backup

Based on end-use, the industry is segmented into:

  • Cloud Providers
  • Data Centres
  • Enterprise

The market can be broadly categorised on the basis of its industry vertical segments into:

  • IT and Telecom
  • BFSI
  • Media and Entertainment
  • Healthcare
  • Oil and Gas
  • Government and Defence

The EMR report looks into the regional markets of tape storage like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Archival Stability and High Storage Capacity Likely to Bolster the Tape Storage Industry Growth

The global market for tape storage is primarily driven by the growing demand for archival stability and cyber security in large enterprises and business organisations. Organisations and enterprises require static storage units for a large amount of data, which is fulfilled by tape storage, which is comparatively less portable than other storage alternatives, and have diverse and huge capacity options. Additionally, industrialisation is estimated to aid the tape storage industry growth. Apart from the digitised solutions, the popularity of tape storage for offline backup during system failure pushes the product demand further. Meanwhile, the high cost of tape storage, and the emergence of cloud storage, compact and portable alternatives might prove to be hurdles for the growth. However, advanced technologies and applications are projected to offer profitable opportunities for the growth of the market during the forecast period.

 

Key Industry Players in the Global Tape Storage Market

The report presents a detailed analysis of the following key players in the global tape storage market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • DELL Technologies Inc.
  • Hewlett Packard Enterprise Development LP
  • International Business Machines Corporation (IBM)
  • Lenovo 
  • Oracle Corporation
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Capacity, Component, Technology, Use Case,
End-Use, Industry Vertical, Region
Breakup by Capacity Less Than 1 TB, 1 TB to 200 TB, 201 TB to 999 TB, 1 PB to 100 PB, More than 100 PB
Breakup by Component Tape Cartridges, Tape Vault 
Breakup by Technology LTO-1 to LTO-5, LTO-6, LTO-7, LTO-8, LTO-9, DDS-1, DDS-2, DDS-3, DDS-4, DLT IV
Breakup by Use Case Archiving, Backup
Breakup by End-Use Cloud Providers, Data Centers, Enterprise
Breakup by Industry Vertical IT and Telecom, BFSI, Media and Entertainment, Healthcare, Oil and Gas, Government and Defence
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered DELL Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation (IBM), Lenovo, Oracle Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface   
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Tape Storage Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Tape Storage Historical Market (2017-2021) 
    8.3    Global Tape Storage Market Forecast (2022-2027)
    8.4    Global Tape Storage Market by Capacity
        8.4.1    Less Than 1 TB
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    1 TB to 200 TB
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    201 TB to 999 TB
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    1 PB to 100 PB
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    More than 100 PB
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
    8.5    Global Tape Storage Market by Component
        8.5.1    Tape Cartridges
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Tape Vault 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Tape Storage Market by Technology
        8.6.1    LTO-1 to LTO-5
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    LTO-6
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    LTO-7
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    LTO-8
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    LTO-9
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    DDS-1
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2017-2021)
            8.6.6.3    Forecast Trend (2022-2027)
        8.6.7    DDS-2
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2017-2021)
            8.6.7.3    Forecast Trend (2022-2027)
        8.6.8    DDS-3
            8.6.8.1    Market Share
            8.6.8.2    Historical Trend (2017-2021)
            8.6.8.3    Forecast Trend (2022-2027)
        8.6.9    DDS-4
            8.6.9.1    Market Share
            8.6.9.2    Historical Trend (2017-2021)
            8.6.9.3    Forecast Trend (2022-2027)
        8.6.10    DLT IV 
            8.6.10.1    Market Share
            8.6.10.2    Historical Trend (2017-2021)
            8.6.10.3    Forecast Trend (2022-2027)
    8.7    Global Tape Storage Market by Use Case
        8.7.1    Archiving
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Backup
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
    8.8    Global Tape Storage Market by End-Use
        8.8.1    Cloud Providers
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2017-2021)
            8.8.1.3    Forecast Trend (2022-2027)
        8.8.2    Data Centers 
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2017-2021)
            8.8.2.3    Forecast Trend (2022-2027)
        8.8.3    Enterprise
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2017-2021)
            8.8.3.3    Forecast Trend (2022-2027)
    8.9    Global Tape Storage Market by Industry Vertical
        8.9.1    IT and Telecom
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2017-2021)
            8.9.1.3    Forecast Trend (2022-2027)
        8.9.2    BFSI
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2017-2021)
            8.9.2.3    Forecast Trend (2022-2027)
        8.9.3    Media and Entertainment
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2017-2021)
            8.9.3.3    Forecast Trend (2022-2027)
        8.9.4    Healthcare
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2017-2021)
            8.9.4.3    Forecast Trend (2022-2027)
        8.9.5    Oil and Gas
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2017-2021)
            8.9.5.3    Forecast Trend (2022-2027)
        8.9.6    Government and Defence
            8.9.6.1    Market Share
            8.9.6.2    Historical Trend (2017-2021)
            8.9.6.3    Forecast Trend (2022-2027)
    8.10    Global Tape Storage Market by Region
        8.10.1    Market Share
            8.10.1.1    North America
            8.10.1.2    Europe
            8.10.1.3    Asia Pacific
            8.10.1.4    Latin America
            8.10.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    DELL Technologies Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Hewlett Packard Enterprise Development LP
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    International Business Machines Corporation (IBM)
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Lenovo 
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Oracle Corporation
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Tape Storage Market: Key Industry Highlights, 2016 and 2026
2.    Global Tape Storage Historical Market: Breakup by Capacity (USD Million), 2017-2021
3.    Global Tape Storage Market Forecast: Breakup by Capacity (USD Million), 2022-2027
4.    Global Tape Storage Historical Market: Breakup by Component (USD Million), 2017-2021
5.    Global Tape Storage Market Forecast: Breakup by Component (USD Million), 2022-2027
6.    Global Tape Storage Historical Market: Breakup by Technology (USD Million), 2017-2021
7.    Global Tape Storage Market Forecast: Breakup by Technology (USD Million), 2022-2027
8.    Global Tape Storage Historical Market: Breakup by Use Case (USD Million), 2017-2021
9.    Global Tape Storage Market Forecast: Breakup by Use Case (USD Million), 2022-2027
10.    Global Tape Storage Historical Market: Breakup by End-Use (USD Million), 2017-2021
11.    Global Tape Storage Market Forecast: Breakup by End-Use (USD Million), 2022-2027
12.    Global Tape Storage Historical Market: Breakup by Industry Vertical (USD Million), 2017-2021
13.    Global Tape Storage Market Forecast: Breakup by Industry Vertical (USD Million), 2022-2027
14.    Global Tape Storage Historical Market: Breakup by Region (USD Million), 2017-2021
15.    Global Tape Storage Market Forecast: Breakup by Region (USD Million), 2022-2027
16.    North America Tape Storage Historical Market: Breakup by Country (USD Million), 2017-2021
17.    North America Tape Storage Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Europe Tape Storage Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Europe Tape Storage Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Asia Pacific Tape Storage Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Asia Pacific Tape Storage Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Latin America Tape Storage Historical Market: Breakup by Country (USD Million), 2017-2021
23.    Latin America Tape Storage Market Forecast: Breakup by Country (USD Million), 2022-2027
24.    Middle East and Africa Tape Storage Historical Market: Breakup by Country (USD Million), 2017-2021
25.    Middle East and Africa Tape Storage Market Forecast: Breakup by Country (USD Million), 2022-2027
26.    Global Tape Storage Market Structure

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