PUBLISHER: IDC | PRODUCT CODE: 1601576
PUBLISHER: IDC | PRODUCT CODE: 1601576
Worldwide Enterprise Global StorageSphere by Vertical Industry Forecast, 2024-2028
This IDC study includes 27 vertical industries, with each industry grouped into one of six sectors: financial services, healthcare, infrastructure and energy, manufacturing and resources, public sector, and retail and services. The data in this document is a subset of Worldwide Global StorageSphere Forecast, 2024-2028: AI Everywhere, But Storage Capacity Remains a Balancing Act (IDC #US52312824, June 2024)."IDC's Global Datasphere projects that data generation across vertical industries will dramatically accelerate over the next five years, driven by advancements in AI and digital transformation initiatives," according to Adam Wright, research manager, IDC's Global DataSphere and StorageSphere. "As businesses in sectors like healthcare, manufacturing, and finance increasingly rely on data-driven strategies, scalable storage and analytics solutions will be essential to manage this rapid growth."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
- The Enterprise Global StorageSphere
- The Enterprise Global StorageSphere by Sector and Vertical Industry
- Cloud Datacenter Installed Base
- Noncloud Datacenter Installed Base
- Data Stored
- Enterprise Global StorageSphere by Vertical Industry and Data Type
Market Context
- Drivers and Inhibitors
- Drivers
- Growth of Data Generated in IDC's Global DataSphere and Growing Use of Cloud Storage Services by Consumers
- Artificial Intelligence (Including GenAI)
- Declining Cost of Storage Media
- Inhibitor
- Growing Complexity of a 3D DataSphere
- Near-Term IT Spending Changes
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
