The emerging market for storage equipment based on the Open Compute Project is expected to more than double through 2023, according to datacenter storage equipment forecast
"IHS Markit said this week it expects global revenues from the purchase of OCP-compliant storage gear to reach $5.4 billion by 2023. The current market is pegged at $2.5 billion, with OCP storage revenue currently growing annually at a 27-percent clip.
Those robust revenue estimates reflect growing big data storage requirements as datacenters burst at the seams with structured and unstructured data generated by the growth of the Internet of Things, edge computing and data security requirements..."
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