Global Storage Virtualization Software Market 2009- 2013

Storage virtualization is a layer of abstraction that hides the internal functions of a physical storage systems from applications, host computers, or general network resources. It enables application and network independent management of storage data. Storage Virtualization is a layer of abstraction that hides the underlying physical components from the server applications that access the storage. It then logically brings together (aggregates) the physical storage pool; thus, allowing provisioning and management from a single logical pool.

Organizations are facing problems of under-utilization of their storage resources. Currently, the average utilization of the storage devices in an organization is around 30 percent. This has increased the cost of the organization. Storage Virtualization solutions allows organization to achieve more than 70 percent of storage utilization. Moreover, companies can reduce cost associated with support and maintenance. Further, its scalable design allows to add new devices based on organizations' requirements; thus, driving the Global Storage Virtualization software market.

Certain vendors of Storage Virtualization are introducing software for virtualizing storage over long distances; which is enabled through a private Cloud. In this software, vendors are providing the ability to share, move and access large amounts of data regardless of location Further, such software enable the customer to migrate the applications and data to the other easily, in any kind of disaster recovery scenario. For instance, EMC has introduced VPLEX (Storage Virtualization product), which provides a platform to build these new storage pools (such as big, hardware-agnostic storage pools) without the limitation of distance.

This report by TechNavio Insights highlights scope of the Global Storage Virtualization Software market over the period 2009-2013 . Further, it discusses the key market trends, drivers, growth inhibitors and a few major vendors in the market.