Tape storage technology finds common applications in small, medium, and large enterprises for the purpose of backup and data archiving
"Tape storage equipment facilitates the backup and archival of enterprise-grade digital data on a high-capacity magnetic tape. The tape storage technology is based on the traditional concept of digital information storage. The technology is for enterprise-grade digital data archival owing to features such as high storage capacity, low procurement expenditure and power consumption, and long-term durability. In the tape storage market, several established vendors are offering specialized tape storage for different end-user verticals, such as government and defense, oil and gas, healthcare, research and academia, media and entertainment, BFSI, and IT and telecommunication..."