Worldwide Enterprise Global StorageSphere by Vertical Industry Forecast, 2024–2028

Worldwide Enterprise Global StorageSphere by Vertical Industry Forecast, 2024–2028


This IDC study includes 27 vertical industries, with each industry grouped into one of six sectors: financial services, healthcare, infrastructure and energy, manufacturing and resources, public sector, and retail and services. The data in this document is a subset of Worldwide Global StorageSphere Forecast, 2024–2028: AI Everywhere, But Storage Capacity Remains a Balancing Act (IDC #US52312824, June 2024).“IDC’s Global Datasphere projects that data generation across vertical industries will dramatically accelerate over the next five years, driven by advancements in AI and digital transformation initiatives,” according to Adam Wright, research manager, IDC’s Global DataSphere and StorageSphere. “As businesses in sectors like healthcare, manufacturing, and finance increasingly rely on data-driven strategies, scalable storage and analytics solutions will be essential to manage this rapid growth.”


IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

The Enterprise Global StorageSphere

The Enterprise Global StorageSphere by Sector and Vertical Industry

Cloud Datacenter Installed Base

Noncloud Datacenter Installed Base

Data Stored

Enterprise Global StorageSphere by Vertical Industry and Data Type

Market Context

Drivers and Inhibitors

Drivers

Growth of Data Generated in IDC’s Global DataSphere and Growing Use of Cloud Storage Services by Consumers

Artificial Intelligence (Including GenAI)

Declining Cost of Storage Media

Inhibitor

Growing Complexity of a 3D DataSphere

Near-Term IT Spending Changes

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

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