target audience: TECH SUPPLIER  Publication date: Aug 2023 - Document type: Market Forecast - Doc  Document number: # US51058723

Worldwide Storage Software Forecast, 2023–2027: Growth Outlasts Potential Headwinds

By: 

  • Greg Macatee Loading
  • Johnny Yu Loading

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Abstract


This IDC study presents key figures and trends of the storage software forecast between 2022 and 2027 and highlights some of the main drivers and inhibitors the market will face.

"Demand for storage software remains high and will continue to drive results over the next several years," said Greg Macatee, senior research analyst, Infrastructure Systems, Platforms, and Technologies Group at IDC. "Data creation continues to explode, which is a trend we do not expect to subside anytime soon, and all this new data in many cases necessitates the use of storage software products to be able to effectively store and manage it across on-premises, hybrid cloud, and multicloud environments."



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