In a world where SSDs and HDDs dominate the storage market, one might wonder why anyone would still opt for magnetic tape storage. After all, magnetic tape is known for being slow, fragile, and outdated. However, recent reports have shown that magnetic tape storage is still very much alive and kicking. In 2023, almost 153 exabytes of magnetic tape storage were shipped worldwide, marking a 3% increase from the previous year. This resurgence in the popularity of magnetic tape storage has caught many by surprise, especially those who grew up around computers that used cassettes or cartridges with spools of magnetic tape.

Despite its drawbacks, magnetic tape storage offers several advantages that make it a popular choice for certain applications. Companies like Hewlett Packard Enterprise, IBM, and Quantum Corporation co-develop the Linear Tape-Open (LTO) Ultrium format, which can store up to 18TB of data with a read speed of 400 MB/s. While these numbers may not be impressive in terms of raw speed, LTO storage cartridges are primarily used for system backups and data archives where speed is not the primary concern. What makes magnetic tape storage appealing is its low cost-per-GB, making it an affordable option for large-scale, long-term storage solutions.

As the world generates an ever-increasing amount of data, the cost-effectiveness of magnetic tape storage has contributed to its continued popularity. Despite its fragility and linear nature, magnetic tape storage remains a reliable and robust option for organizations looking to store vast amounts of data without breaking the bank. While the reported 153 exabytes of magnetic tape storage may seem like a significant amount, it is worth noting that this figure is based on a compression ratio of 2.5:1, meaning the actual raw capacity is closer to 60 exabytes. In comparison, HDD shipments in the last quarter of 2023 totaled around 212 exabytes, reaffirming the dominance of hard disk drives in the storage market.

While magnetic tape storage and HDDs continue to play a crucial role in data storage, SSDs are not to be overlooked. In 2023, nearly 780 exabytes of flash storage were shipped, highlighting the growing popularity of SSDs for their raw performance. However, large-capacity SSDs, especially those exceeding 4TB, remain expensive compared to traditional hard disk drives. When it comes to balancing reliability, affordability, and capacity, HDDs and magnetic tape storage still hold their ground in the storage market.

Until large flash chips become more affordable, magnetic tape storage and HDDs will likely remain prevalent in the storage market. While SSDs offer unmatched performance, the cost of high-capacity SSDs is a limiting factor for many organizations. As technology continues to evolve, it will be interesting to see how storage solutions adapt to meet the growing demands for data storage. For now, magnetic tape storage proves that sometimes, the oldest solutions are still relevant in a rapidly advancing digital landscape.

Hardware

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