Oct 30, 2006 (01:10 PM EST)
Brief: Virtual Tape Library Market Expected To Double By 2011
Read the Original Article at InformationWeek
The worldwide virtual tape library (VTL) market is expected to double in value to $1.4 billion in the next five years, according to a report released Monday by IDC.
The market research firm predicted the VTL market will increase at 47.4 percent compounded annual growth rate during the same period until 2011.
IDC indicated customers will use VTLs to decrease backup windows and increase recovery time objectives.
In a statement, IDC's Robert Amatruda said: "Although the opportunity looks bright for VTL adoption, suppliers must educate customers about the potential benefits and value proposition of VTL systems and not merely tout them solely as an alternative to tape-based data protection." Amatruda is research director for IDC's Storage Group.