April 5, 2012 – One rising answer to the challenges of broadening data volumes is the investment in network attached storage devices, which one industry assessment anticipates will reach a global market of $7 billion by 2017.

Research firm Global Industry Analysts Inc. on Thursday released “Network Attached Storage Devices: A Global Strategic Business Report,” which outlined the general growth areas and reasons for the online storage architecture. Foremost to the surge in data storage and backup investment is the sheer mass of data produced in the near future. The research firm estimated that information is multiplying at a rate higher than 65 percent each year with the total data generated globally to surpass 3 million petabytes by 2020.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access