The trend of data storage can be attributed to three data points in 2014: First, the amount of data of enterprises and individuals is entering cloud service providers. The second software that controls the storage of this content becomes more intelligent. The price of the third storage device continues to fall. Because cloud services attract more competition to reduce its price, this also indirectly affects the pricing of storage hardware. Amazon, the world’s largest cloud data service, reduced its subscription rate for the fifth time this year, which is the 43rd decline since 2008. Its competitors Microsoft Azure, Google Drive and Dropbox all follow suit.
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More intelligence and automation will make storage devices smaller. With the ability to grow and grow. Seagate Technology has released the world's first 8TB hard drive in 2014. Even higher-capacity storage devices are on the way, and they are gradually replacing older systems due to the continuous improvement of storage media and the convergence of the architecture. Despite fierce competition in all markets, the storage industry is still quite healthy. With such a large capacity, efforts can be made to deal with unstructured data.