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Global Storage Software Market in Telecom Industry 2008-2012
Infiniti Research Limited, Nov 2009, Pages: 19
The storage software solutions include applications for preserving data by effective/secure replication and archiving so that they are readily available when required. These solutions help in managing information availability and accessibility, while storing them in physical storage media. Such solutions are the backbone of those industries wherein protection of data is of prime importance.
Data availability is considered as one of the prime issues faced by organisations across verticals. There is a need of secured data storage for automated electronic backup in case of any hardware failure. Further, the ability of storage software to mirror the data and advanced features like parity check in case of data recovery provides extra advantage during data storage management.
The recent financial crisis has weakened businesses across industries. The market of storage software has also been affected, resulting in decline of its market growth. However, this market is expected to slowly recover in the near future. Many vendors in the storage software market have witnessed lower profits but the sectors such as telecom, healthcare, etc., have kept the overall storage software market growing.
The telecom sector has shown growth despite recession. The increasing subscriber base and introduction of newer tariff plans have led to more storage applications at use. Due to complexities in network structure, there has been an increased spending on storage applications & maintenance services.
There is a growth in the scalability of networks demands unification of storage models and system architecture models, which can offer both flexible platform and efficient retrieval. In the telecom sector, there is a demand for those solutions that can smoothly evolve to support the expandability of systems and do not require program modification, along with easy configuration with the related rules or policies.
The report by TechNavio Insights forecasts the size of the global storage software market in telecom industry over the period 2008-2012. It segments the storage software market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the storage software market in the telecom industry, and profiles some of the key vendors of this industry.
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