Cloud Native Storage Market Trends

Cloud Native Storage Market Trends

Data portability and multi-Cloud solutions will drive lucrative growth opportunities for the cloud native storage industry over 2023-2032. With the increasing adoption of multi-cloud and hybrid cloud strategies, the demand for cloud-native storage solutions that offer easy data portability and interoperability across multiple cloud providers is on the rise. Trends are emerging in solutions that facilitate data movement and management between different cloud environments while maintaining consistency and accessibility. 
 

Quoting an instance, in October 2023, Hitachi Vantara, a subsidiary of Hitachi specializing in infrastructure, data management, and digital solutions, unveiled the Hitachi Virtual Storage Platform One. This innovative hybrid cloud data platform provides a unified data plane that seamlessly handles structured and unstructured data in block, file, and object storage formats. It enables businesses to deploy various applications across on-premises and public cloud environments with simplicity, eliminating the complexities that many face today. This strategic release of the Hitachi Virtual Storage Platform One is particularly timely, considering the transformative impact of generative AI, cloud technologies, and the exponential growth of enterprise data on operations and innovation within organizations.