Which Key Innovations are Accelerating the Growth of Next-generation Data Storage Technologies?
Embedded data storage technology innovation is disrupting the memory arena by removing storage bottlenecks and transforming the manufacturing, healthcare, and automotive industries
Research Overview
The demand for data storage technologies stems from the need to efficiently and quickly process large data sets in critical applications such as Big Data, AI, and IoT. Over the years, data storage technologies have evolved on the back of advancements in the components used in storage devices and technologies.
The key factors driving the growth of the data storage industry are the developments across industries and government bodies with respect to digitalization; operations are also becoming data-centric processes. The need to store and process large amounts of data has encouraged innovation in the industry. Data storage finds its prime application in the manufacturing, healthcare, banking, and home automation sectors.
This technology and innovation study offers insight into ongoing developments in the data storage technologies industry. It focuses on the technology used in existing storage devices and emerging technologies for SSDs, MRAM, C-RAM, NVMe, dynamic memory, ReRAM, FeRAM, persistent memory, and DNA storage.
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