Data-Deposit-Box-DataDepositBox-Online-Backup-Cloud-Data-Remote-Backup

Storage Market Growing as Consumers Acquire More Digital Movies, Music, and Photos

DALLAS, TX — June 24, 2010 — (Marketwire) — DVRs and video downloads will push the storage needs of U.S. broadband households to almost one terabyte by 2014, creating a parallel rise in the market for file backup and storage solutions, according to international research firm Parks Associates.

The firm’s new report Consumer Storage Opportunities (http://bit.ly/bzoGzy) finds almost 50% of households are performing regular backups, including external storage, flash drives, and online backup, up from only 35% in 2006.

“This is a classic example where growth in one area is spurring another industry,” said Pietro Macchiarella, research analyst, Parks Associates. “As people accumulate more digital content, the prospect of losing that data becomes more ominous. Companies marketing network-attached storage (NAS) and home server devices should target high-use consumers such as videophiles and music enthusiasts and demonstrate the ease with which these products protect against loss of critical data.”

Macchiarella predicts that consumers’ backup methods will become more sophisticated as files get larger and as people invest more time and money into their digital media collections.

“The majority of consumers still use less-reliable media such as CDs, DVDs, and flash drives, but in the past four years, portable hard drives and direct- and networked-attached storage have become more popular,” he said. “This trend will accelerate, fueled by growth in digital media and dropping storage costs. In particular, product revenues from NAS devices will nearly quadruple between 2010 and 2014.”

Parks Associates’ Consumer Storage Opportunities examines the current storage solutions on the market and highlights the growing business opportunities for CE manufacturers and service and technology providers. For more information, visit www.parksassociates.com or contact sales@parksassociates.com, 972-490-1113.

About Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

Each year, Parks Associates hosts executive thought leadership conferences CONNECTIONS™, with support from the Consumer Electronics Association (CEA)®, and CONNECTIONS™ Europe. In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

http://www.connectionsconference.com

http://www.connectionseurope.com

http://www.connectionsindustryinsights.com

Contact
Mindi Sue Sternblitz-Rubenstein
Parks Associates
972-490-1113
mindi.sue@parksassociates.com

http://www.parksassociates.com

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================

Sponsored Links:

Data Deposit Box

Asigra

Bacula Systems


Cloud-based-Online-Backup-Disaster-Recovery-Data-Storage-by-Bacula-Systems-in-Switzerland

Share/Save/Bookmark

Related posts:

  1. Parks Associates Research: 33% of U.S. Broadband Households are Interested in Online Backup Services
  2. Parks Associates: 62% of U.S. Broadband Households Never Back Up Their Data to a Cloud-Based Storage Service
  3. Synology to Showcase and Explain the Best Kept Secret of Network Attached Storage (NAS) at CES 2016
  4. WD Adds High Performance Network Attached Storage (NAS) Solutions for Expert and Business Users to My Cloud Line
  5. WD Adds High Performance Network Attached Storage (NAS) Solutions for Expert and Business Users to My Cloud Line
  6. Storage Software Revenues Increased 4.1% in the Second Quarter of 2013, According to IDC
  7. CIBECS Announces WD’s Inclusion of CIBECS Endpoint Data Protection Software as a Downloadable Application on its My Cloud Business Series Network Attached Storage
  8. Strong Demand for Storage Software Drives Third Quarter Revenues to Second Largest Quarterly Total on Record, According to IDC
  9. Apps Associates to Drive Enterprise Cloud Adoption at AWS re:Invent 2014