Product Code: ETC271646 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The tape storage market has been on the decline as digital storage technologies like cloud storage and solid-state drives have gained prominence. However, tape storage still has a role to play in long-term data archival, particularly in industries with strict data retention regulations. The market may continue to contract but will likely maintain a niche presence.
The tape storage market is gradually declining globally as data storage solutions shift towards cloud-based and solid-state storage options. In Malaysia, businesses may continue to use tape storage for long-term archival purposes due to its cost-effectiveness and durability. However, the market is likely to contract over time as digital storage technologies advance.
The tape storage market in Malaysia faces challenges as organizations increasingly adopt cloud-based and solid-state storage solutions. The decline in demand for traditional tape storage technologies is driven by the need for faster data access, higher storage capacities, and cost-effectiveness. Tape storage manufacturers must innovate to meet modern data storage requirements, such as optimizing tape storage for long-term archival purposes and ensuring compatibility with hybrid cloud strategies. Additionally, the market faces environmental concerns related to the disposal of legacy tape storage media, which requires responsible recycling and disposal practices.
In the Malaysia tape storage market, the pandemic accelerated the adoption of digital solutions and remote working, driving a surge in demand for data storage and backup solutions. Businesses across industries had to swiftly adapt to remote operations, leading to increased data generation. As a result, tape storage solutions played a critical role in ensuring data security and redundancy. Companies invested heavily in expanding their tape storage capacity to safeguard critical information, thereby bolstering the market.
In the Malaysia Tape Storage market, IBM Malaysia Sdn Bhd, Hewlett Packard Enterprise Malaysia Sdn Bhd, and Quantum Storage Malaysia Sdn Bhd are key players. These companies offer reliable tape storage solutions, catering to data backup and archival needs across various industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Tape Storage Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Tape Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Tape Storage Market - Industry Life Cycle |
3.4 Malaysia Tape Storage Market - Porter's Five Forces |
3.5 Malaysia Tape Storage Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Malaysia Tape Storage Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Malaysia Tape Storage Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Malaysia Tape Storage Market Revenues & Volume Share, By Use Case, 2021 & 2031F |
3.9 Malaysia Tape Storage Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.10 Malaysia Tape Storage Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Malaysia Tape Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cost-effective data storage solutions |
4.2.2 Growing adoption of cloud-based services and data backup solutions |
4.2.3 Rise in data generation and need for long-term data retention |
4.3 Market Restraints |
4.3.1 Competition from alternative storage technologies like cloud storage and solid-state drives |
4.3.2 Concerns over data security and compliance regulations |
4.3.3 Limited awareness and understanding of the benefits of tape storage solutions |
5 Malaysia Tape Storage Market Trends |
6 Malaysia Tape Storage Market, By Types |
6.1 Malaysia Tape Storage Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Tape Storage Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Malaysia Tape Storage Market Revenues & Volume, By Tape Cartridges, 2021-2031F |
6.1.4 Malaysia Tape Storage Market Revenues & Volume, By Tape Vault, 2021-2031F |
6.2 Malaysia Tape Storage Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Tape Storage Market Revenues & Volume, By LTO-1 to LTO-5, 2021-2031F |
6.2.3 Malaysia Tape Storage Market Revenues & Volume, By LTO-6, 2021-2031F |
6.2.4 Malaysia Tape Storage Market Revenues & Volume, By LTO-7, 2021-2031F |
6.2.5 Malaysia Tape Storage Market Revenues & Volume, By LTO-8, 2021-2031F |
6.2.6 Malaysia Tape Storage Market Revenues & Volume, By LTO-9, 2021-2031F |
6.2.7 Malaysia Tape Storage Market Revenues & Volume, By DDS-1, 2021-2031F |
6.2.8 Malaysia Tape Storage Market Revenues & Volume, By DDS-3, 2021-2031F |
6.2.9 Malaysia Tape Storage Market Revenues & Volume, By DDS-3, 2021-2031F |
6.3 Malaysia Tape Storage Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Tape Storage Market Revenues & Volume, By Less Than 1 TB, 2021-2031F |
6.3.3 Malaysia Tape Storage Market Revenues & Volume, By 1 TB to 200 TB, 2021-2031F |
6.3.4 Malaysia Tape Storage Market Revenues & Volume, By 201 TB to 999 TB, 2021-2031F |
6.3.5 Malaysia Tape Storage Market Revenues & Volume, By 1 PB to 100 PB, 2021-2031F |
6.3.6 Malaysia Tape Storage Market Revenues & Volume, By More Than 100 PB, 2021-2031F |
6.4 Malaysia Tape Storage Market, By Use Case |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Tape Storage Market Revenues & Volume, By Archiving, 2021-2031F |
6.4.3 Malaysia Tape Storage Market Revenues & Volume, By Backup, 2021-2031F |
6.5 Malaysia Tape Storage Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Malaysia Tape Storage Market Revenues & Volume, By Cloud Providers, 2021-2031F |
6.5.3 Malaysia Tape Storage Market Revenues & Volume, By Data Center, 2021-2031F |
6.5.4 Malaysia Tape Storage Market Revenues & Volume, By Enterprises, 2021-2031F |
6.6 Malaysia Tape Storage Market, By Industry Vertical |
6.6.1 Overview and Analysis |
6.6.2 Malaysia Tape Storage Market Revenues & Volume, By IT & Telecom, 2021-2031F |
6.6.3 Malaysia Tape Storage Market Revenues & Volume, By BFSI, 2021-2031F |
6.6.4 Malaysia Tape Storage Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.6.5 Malaysia Tape Storage Market Revenues & Volume, By Healthcare, 2021-2031F |
6.6.6 Malaysia Tape Storage Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.6.7 Malaysia Tape Storage Market Revenues & Volume, By Government & Defense, 2021-2031F |
7 Malaysia Tape Storage Market Import-Export Trade Statistics |
7.1 Malaysia Tape Storage Market Export to Major Countries |
7.2 Malaysia Tape Storage Market Imports from Major Countries |
8 Malaysia Tape Storage Market Key Performance Indicators |
8.1 Average capacity utilization of tape storage systems |
8.2 Rate of adoption of tape storage solutions by small and medium enterprises (SMEs) |
8.3 Percentage of IT budgets allocated to data storage and backup solutions |
8.4 Number of data breaches or data loss incidents reported by organizations using tape storage |
8.5 Average lifespan of tape storage media used in Malaysia |
9 Malaysia Tape Storage Market - Opportunity Assessment |
9.1 Malaysia Tape Storage Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Malaysia Tape Storage Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Malaysia Tape Storage Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Malaysia Tape Storage Market Opportunity Assessment, By Use Case, 2021 & 2031F |
9.5 Malaysia Tape Storage Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.6 Malaysia Tape Storage Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Malaysia Tape Storage Market - Competitive Landscape |
10.1 Malaysia Tape Storage Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Tape Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |