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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A petabyte, or 2 to the 50th power of a byte, is a unit of measurement for memory or data storage. A petabyte, which is equal to one million gigabytes, has 1,024 terabytes (TB), while one exabyte has roughly 1,024 PB.
Traditional data backups, which must scan the entire system each time a data backup or archiving activity occurs, are not appropriate for petabytes. Although traditional network-attached storage (NAS) can handle petabytes of data and is expandable, it might be resource-intensive to traverse the system's ordered storage index.
Nowadays, it's usual to find individual corporations and even single storage systems with more than a petabyte of storage capacity due to the continuing, rapid development in data storage capacity requirements.
The Global Petabyte Storage high-capacity storage system market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
When EMC launched the first storage array capable of holding a whole petabyte of data, easily the largest array that EMC builds, it outperformed its competitors.
Following strong financial results, EMC made a number of announcements in London, one of which was the enormous nine-cabinet Symmetrix DMX-3.
A new low-cost version of the DMX-3 Symmetrix, the company's first IP storage device, the EMC Multi-Path File System for iSCSI, as well as new solutions for storage virtualization were all released by the company.
The company's latest standard array, the Symmetrix DMX-3, ranges from a low-end petabyte system to a high-end system that is at least low by EMC's standards. Each one has a brand-new 500GB drive, therefore 2,400 drives must be combined to get a petabyte of total storage.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2024 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |