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The State of
DeStor 2024

Gain insights into how decentralized storage will shape the future of data management.
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Uncovering the Future of Decentralized Storage

As the digital landscape evolves, data storage faces unprecedented challenges. With data creation projected to reach 180 zettabytes by end of year, businesses must choose between traditional centralized systems and the emerging decentralized storage models. The State of DeStor 2024 surveys IT decision-makers (ITDMs) on decentralized cloud storage and explores its potential as a solution to the exponential growth of data and emerging data security challenges.

The State of DeStor 2024

Decentralization on the Rise

Our research shows that while decentralized storage is still in its early stages, it’s gaining momentum. Approximately 30% of ITDMs are familiar with decentralized solutions like Filecoin, with a significant number planning to adopt them in the near future.

Security & Scalability Drive Decisions

As data breaches become more common, security and scalability top the list of reasons IT leaders are exploring decentralized storage. The distributed nature of these networks enhances data protection, making them resistant to single points of failure.

Resiliency Spurs Adoption

Among decentralized storage’s most attractive features, redundancy and fault tolerance resonate the most. IT leaders are looking for solutions that reduce risks and offer scalable, secure options.
62% of ITDMs perceive DeStor to be equally or more reliable compared to traditional cloud storage.
58% said they are interested in data security or scalability when considering a move to decentralized storage.
42% said they are considering storing operational or archival data on a decentralized storage network.

More Key Topics

In addition to the stats above, the report highlights IT decision makers cautious but growing interest in decentralized storage.

dudes in datacenter
Data Security Insights about the benefits and challenges of transitioning from centralized to decentralized storage models, focusing on data security, privacy, and scalability.
Performance & Reliability Comparison of decentralized storage's reliability against traditional cloud storage solutions and its potential to meet performance demands as the technology matures.
Adoption Barriers Exploration of technical complexity, regulatory compliance, and skills shortages as obstacles to wider adoption.
Use Cases Industries and sectors like archival data, operational data, and disaster recovery where decentralized storage is gaining traction.
Cost & Efficiency How decentralized storage can reduce over-provisioning and enhance cost-effectiveness.
Future Trends Predictions on the increasing role of decentralized storage in global enterprise data.

The Future of Data Storage is Decentralized

The State of DeStor 2024 report shows why businesses are turning to decentralized solutions. Early adopters are already recognizing its potential, especially for archival data and disaster recovery. Dive into the trends and expert insights that will define the next decade of storage innovation.

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Get the State of DeStor 2024 Report

Gain deeper insights into how decentralized storage will shape the future of data management.
Read Full Report