8K Storage and Management Solutions Market - Forecast(2022 - 2027)
The Global 8K Storage and Management Solutions market size is forecast to reach $17.6 billion by 2026, growing at a CAGR of 18.1% from 2021 to 2026. Due to rapid shift towards high quality content, content providers are upgrading the media resolution capabilities from 4K to 8K, impacting the need for 8K storage or management solutions. This growing shift towards 8K picture quality, is significantly creating the need for file sharing, storing and management solutions capable of handling large file sizes. As a part of grabbing higher customer attention through opting for rich media content delivery majorly across the media & entertainment sector can be considered to drive the growth towards 8K storage and management solutions. Factors including increasing demand for high-resolution TV or screen displays, growing requirements for larger data bandwidth due to increase in high quality content and so on have been attributing towards significant market growth of 8K storage and management...