FRAMINGHAM, Mass.--(BUSINESS WIRE)--The worldwide file- and object-based storage (FOBS) market continues to gain momentum with revenues exceeding $23 billion in 2013 and forecast to reach $38 billion in 2017. According to new research from International Data Corporation (IDC), growth in the overall enterprise storage systems market can be traced directly to the shift to FOBS..
"The future of storage is software based," said Ashish Nadkarni, Research Director, Storage Systems. "FOBS solutions are much more versatile and will quickly outpace more rigid, hardware-based options. Scale-up solutions, including unitary file servers and scale-up appliances and gateways, will fall on hard times throughout the forecast period, experiencing sluggish growth through 2016 before beginning to decline in 2017. On the other hand, scale-out file- and object-based solutions – delivered either as software, virtual storage appliances, hardware appliances, or self-built for delivering cloud-based offerings – are forecast to show robust growth with a compound annual growth rate (CAGR) of 24.5% from 2012 to 2017."
"Increased versatility will result in more diverse use cases for FOBS," said Amita Potnis, Senior Research Analyst, Storage Systems. "To be successful, suppliers must commit to making their platforms more compatible with server and desktop virtualization, in-place analytics (which IDC calls Compustorage), and NoSQL databases. FOBS solutions will continue as the dominating media of choice for applications like archiving and eDiscovery, which are governed by compliance and regulatory requirements."
Additional findings from IDC's research include the following:
- DIY storage will become more prevalent over the forecast period, but commercial solutions will still garner strong demand.
- Outside the datacenter, storage traffic is undergoing a dramatic shift as the growth of mobile, social, and cloud is heavily tilted toward the use of IP-based connectivity mechanisms for consuming storage resources.
- Revenue for unitary host-based file servers is shrinking as businesses move to purpose-built platforms.
- Growth of object-based and object-oriented file system storage solutions for public cloud and private cloud archive environments will continue to outpace the market.
The IDC study, Worldwide File- and Object-Based Storage 2013–2017 Forecast (IDC #242287), provides worldwide revenue and capacity forecasts for the file- and object-based storage market for 2013–2017. This study builds on the insights provided in previous studies on the forces driving demand for FOBS and also incorporates the worldwide FOBS taxonomy published in January 2013.
To purchase this study, please contact IDC Sales at 508-988-7988 or email@example.com
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 49 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
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