LTO Leading Tape Library Rebound | eWeek

LTO Leading Tape Library Rebound

Written By
eWEEK EDITORS
eWEEK EDITORS
Apr 5, 2004
1 minute read
eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

Adoption of the LTO tape format is pulling the tape library industry out of an economic slump despite the arrival of low-cost disk drives as an alternative to tape backup, according to a recent study from Freeman Reports, analyst firm focused on the tape market.

The total demand for tape libraries fell to 62,000 units in 2003, but will recover to 67,900 units in 2004 and to 101,300 units in 2009. Robert C. Abraham, president of Freeman and author of the report predicts that the fastest growth through 2009 will be in systems based on the LTO tape format.

Read the full story at SearchStorage.com

eWeek Logo

eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site's focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.