The global Personal and Entry Level Storage (PELS) market is expected to grow at a lucrative rate due to the continuous increase in the amount of data and increasing complexities in handling a large amount of data. With growing concerns over data security, storage and backup are some of the generic factors for the growth of PELS market. The recent developments in Information technology have also indirectly helped the market in its growth. Various small or medium sized industry have started using could storage system to minimize the storage expenses. Another important driver of the PELS market is the increase in the use of online gaming, internet media, and other such online platforms which produce a large amount of data globally.
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Various types of services/products under PELS include solid-state drives, cloud based drives, hard disk drives, network attached storage and recordable discs. Solid state drives are made up of data storage drives using various integrated circuits and networks. The solid state storage is made up of silicon microchips with no mechanical part in it, which makes it shock protective with less power and less weights. Cloud storage is storage of data in digital pools which make data accessible and available anytime and anywhere. Various organizations
Various organizations buy of lease this technology from the various providers to store and manage user data. Hard disk drive is data storing devices often used for storing and retention of large amount of data using mechanical devices coated with magnetic substances. Network attached storage allows access to heterogeneous number of clients; it is often manufactured as computer appliances. Recordable devices are compact sized digital data circuits such as a flash drives or a digital compact disk used to store small amount of data.
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