The data storage market is likely to reach US$ 78 billion by the end of 2021

Data storage is a vital component of a successful business. In today's scenario, every single detail is important to generate valuable insights for the company. Data storage can help in protecting and storing data for future use. According to the latest study, global spending on data storage is likely to reach US$ 78 billion by the end of 2021. And so we are here with the top 5 emerging trends in data storage to watch in 2021.

Flash Storage

The new enterprise flash storage has enabled businesses to shift towards technology. These flash storage solutions are increasing performance by providing operational services to the IT sector.

Multi-Cloud Strategy

Businesses are adopting the multi-cloud strategy to increase data mobility between multiple clouds maintaining flexibility. This strategy can facilitate access to data in various computing environments along with the public clouds.

Software-Defined storage

The growing use of the software is demanding for software-defined storage resulting in adopting a hybrid multi-cloud strategy. This can help in an enhanced security environment that can help in improving governance and protection of the infrastructure.

AI and ML

AI and ML storage have gained momentum in recent years, especially deep learning and machine learning. These technologies can help in saving money, time, and effort to great extents enabling companies to have control on storage platforms.

Non-Volatile Memory Express

NVMe has been in the market for two years but has gained a lot of attention. It has emerged from the flash storage system and has quickly become an alternative for Small Computer System interfaces.  They can help in boosting the performance of existing applications enabling new applications to workload processing in real-time.