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Wrestling With Two Kinds of Growth

Storage needs were already estimated to be growing 50 percent a year. Now, add industry regulations, and firms are looking to get creative with storage technology.

The data storage market is exploding, and estimates easily anticipate a doubling of the current market size over the next two to three years, exceeding $47.6 billion. In the last two years, venture capital firms have funded $2 billion in new start-ups for storage ventures. Even in these recessionary times, when companies have reduced capital spending, they continue to spend money on data storage.

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