System designers are continuously working to improve the efficiency and performance of various applications. Distributed file system is server-based application which enables customers to access and process data that is stored in the server. The user works on the copied file while accessing and making changes which is being processed and sent back to the server. Object storage is a technique to address and manipulate data storage as objects or discrete units.
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Distributed file systems and object storage is among the preferred storage solution by the enterprises popular in the high-performance computing arena. Distributed file systems and object storage improves scalability and simplifies administration of various functions related to storage.
Global Distributed File Systems and Object Storage Market: Market Drivers and Challenges
Recent explosion of unstructured data is straining the IT infrastructure and operations, and is accelerating the need to manage leading to development of new storage model which is object storage. The rapid growth of unstructured data is enabling enterprises to explore various storage options encouraging the growth in file systems and object storage market. The need to perform efficiently and manage mission-critical data is enabling the vendors to invest in the R&D of various distributed file systems and object storage solutions driving the growth of global distributed file systems and object storage market.
However, complexity in deployment of distributed file systems and object storage and the high initial investment are factors impacting negatively to the growth in revenue of global distributed file systems and object storage market.
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North America distributed file systems and object storage market being among the most advanced and developed market globally has significant market share. Western Europe and Asia Pacific have maximum opportunity owing to the digitization and technological advancements in various countries in the regions. Latin America and Eastern Europe have positive growth in the forecast period contributing marginally to the global distributed file systems and object storage market.
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