By Ethos Technology on Thursday, 07 April 2022
Category: Ethos Technology

Investments in cloud data storage exceeded 70 billion dollars

Did you know that in 2021, investments in cloud data storage exceeded 70 billion dollars? This is an 8.8% increase compared to 2020.


Investments in traditional on-premises storage grew by 4.2% in comparison for the same period, reaching a total of $59.6 billion.
The expectation is that by 2022, cloud investments will exceed $90 billion while traditional investments will fall in percentage.

 

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