Data Deduplication Market: Market Development, Overview and Forecast upto 2026

Data deduplication is an advanced data compression technique used for reducing duplicate copies of the same data. Data deduplication is the process of identifying and eliminating identical information in a batch of stored data. Data deduplication solutions take a broader view to compare the same blocks or files across large storage data sets and remove redundant files. Network data deduplication is used to reduce the amount of bandwidth required to transfer data. This technique is used in an organization to reduce the amount of storage space utilized to save the same data. Data deduplication solutions allow enterprises to save storage and bandwidth cost. Further, data deduplication offers organizations benefits such as reducing hardware cost, increased storage capacity, and network efficiency.

Data deduplication is a trending technology used by organizations to reduce the need to store the same information file in a storage system. It plays an important role in primary storage by reducing the amount of data duplication. Companies operating in the data deduplication market are investing in advanced solutions. Demand for data deduplication solutions is increasing due to organizations’ need for reducing the redundancy of data in their primary storage.

There is a rise in demand for a platform to store data in every industry. Industries such as information & technology; banking, financial services & insurance; oil & gas; and government require data storage solutions. A significant rise in the amount of data and a rise in the need for managing, analyzing, and storing this data are driving the data dedupilcation market. Further, an increase in demand for cloud storage is expected to significantly boost demand for data deduplication in the near future. Increase in demand for innovative time saving technologies to handle the large amount of data generated by enterprises is also anticipated to propel the data deduplication market in the coming years.

However, lack of security in cloud- and server- based services is likely to restrain the data deduplication market during the forecast period. Challenges in data deduplication are numerous, owing to the technological complexity and consistency required in data storage. Development of data storage technology is another challenge for the data deduplication market. Nevertheless, demand for data deduplication solutions from small & medium enterprises is expected to provide an opportunity to the market. The data deduplication market can be segmented based on enterprise size, application, and region. In terms of enterprise size, the data deduplication market can be classified into large enterprises and small & medium enterprises. Based on application, the data deduplication market can be divided into banking and financial services (BFSI), entertainment, digital marketing, education, IT, telecom, government, and others.

Planning to lay down future strategy? Perfect your plan with us https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=50979

In terms of region, the data deduplication market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is a dominant region of the data deduplication market. The market in Asian countries such as China, Japan, and India is expected to expand at a significant rate compared to that in other regions. This is due to the presence of a large number of IT companies in the region. Moreover, companies are investing in the cloud storage model for storing data. This requires the deployment of security solutions for the protection of data and solutions to reduce the redundancy of files. This is likely to propel demand for data deduplication solutions. In data deduplication market, vendors are expanding data deduplication offerings with advancements in solutions as per demand from end-users.

Some of the players offering data deduplication are Oracle Corporation, IBM Corporation, EMC Corporation, FalconStor Software, Quantum Corporation, Symantec Corporation, Hitachi Protection Platform, Sepaton, Dell Inc., and ExaGrid.

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

Research Blogs

Search This Blog