Taneja Group, an industry analyst firm focused on research and analysis of server and storage infrastructure trends, unveiled a new report that quantifies the size and growth of continuous data technologies (CDT), wide area data services (WDS), virtual tape libraries (VTL), and capacity optimized storage (COS) markets between 2006 - 2010. The report concludes these four data protection segments will grow at 45 percent CAGR and become a $3.549 billion market in aggregate by 2010. This research constitutes first-of-a-kind analysis into the magnitude and scope of these emerging markets - most of which have never been quantified or sufficiently covered by traditional analyst firms before.
Taneja Group believes that the data protection market is currently experiencing a technological sea change. The current leadership positions of backup and restore incumbents are being challenged by a new crop of small startups. Over the next five years, we believe that COS, CDT, and WDS technologies will come to the forefront as the primary mechanisms for solving the increasing challenges of backup and recovery faced by most storage administrators.
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