Data Storage Cost Trends

Declining prices for energy storage technologies continue to be the biggest driver of growth for both the ev and stationary grid energy storage markets.

Data storage cost trends.

For starters the nand flash that has curbed price declines during the past two years has reversed direction into an oversupply situation. Over the last 30 years space per unit cost has doubled roughly every 14 months increasing by an order of magnitude every 48 months. Despite lingering security concerns only 31 of organizations are as comfortable storing data in the cloud storage as they are on premises businesses of all sizes will increasingly store more data in the cloud. The regression equation is given by.

Although supply shortages in 2018 and 2019 temporarily limited price reductions as demand outpaced supply the industry is seeing aggressive declines in lithium ion li ion battery prices. Buying on demand allows a company to switch capital costs to an opex purchasing model. Several terabyte drives have recently broken the 0 10 gigabyte barrier making the next milestone 0 01 gigabyte or 10 terabyte. Business cloud storage trends.