Shipments of tape storage products continued to soar in 2022

It was reported last year that shipments of tape storage products increased by 40% in 2021. Although HDD shipments declined sharply in 2022 due to macroeconomic factors and manufacturer inventory adjustments, sales of tape storage products do not seem to be affected, continuing the growth trend in 2021.

(Image credit: Storage Newsletter)

According to TomsHardware, statistics show that the total shipment capacity of tape storage products in 2022 was 79.3EB, a year-on-year increase of 14%. It is expected to continue to grow in the coming years, with a CAGR of 21%, reaching 207.1EB by 2027. As the amount of data that needs to be stored in data centers continues to grow every year, the demand for tape storage products is also increasing.

Fujifilm launched the latest LTO Ultrium 9 series tapes in late 2021, which is the ninth generation of open linear tapes, providing 18TB of raw data or 45TB of compressed data through the application of new patented technology which is a 50% improvement over LTO Ultrium 8 series tapes. In addition, through Fujifilm’s unique NANOCUBIC technology, it provides a high-speed transmission speed of 1000 MB/s (400MB/s when uncompressed), compared with 750 MB/s of the previous generation (360MB/s when uncompressed) has also been further improved.

In terms of capacity cost, LTO tape is the cheapest way to store data. Of course, due to the higher latency, LTO tape is much slower than normal hard drives because it can only be read or written sequentially, but for archiving and backup, this technology is more than adequate. Don’t be surprised to see continued growth in tape storage products next year.