HIT Infrastructure October 21, 2019
The soaring amount of digital data generated by healthcare organizations, the expanding deployment of cloud storage solutions, and the acceptance of hybrid data storage solutions are all fueling strong growth in the healthcare data storage market.
These factors are forecast to boost the healthcare data storage market by a healthy 14.3 percent compound annual growth rate, reaching $5.4 billion in 2024, according to a report by ResearchAndMarkets.com.
Last year, the file storage segment accounted for the largest share of the healthcare data storage market, followed by the object storage segment and block storage segment.
The report observed that file storage offers easy syncing, sharing, and distribution of data, which has driven the demand for this segment. At the same time,...