Data Storage Market - Forecast (2021 - 2026)
The paperwork is gradually becoming defunct, and the world is rapidly moving towards digitization. In the United Nations alone, 400,000 documents were digitized in 2016, and the process of digitization is still on-going[1]. Now, there is a myriad of small and big organizations in the world that are digitizing their data which is becoming a boon to the data storage market that had already generated an impressive worth of $35 billion to $40 billion in 2018 as per the market research report by IndustryARC’s analyst. The market analyst estimates the data storage market growth to be a remarkable 14% to 18% in terms of CAGR during the forecast period of 2019 to 2025. Request Sample According to the indigenously generated intelligence report by Global System for Mobile Communications (GSMA), China alone accounts for 630 million unique mobile subscribers. Additionally, India and China will add 200 million more mobile subscribers between 2017 and 2025[2]. Similarly, other Asian ...