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Erasure Coding Market Upcoming Years and How It Is Going To Impact on Industry 2021-2031

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  Data management, data  security , and storage have become critical components of enterprises functioning in a variety of industries in recent years, which is likely to support growth of the global erasure coding market . Due to changing data needs, traditional SAN storage that uses Redundant Array of Independent Disks (RAID) is increasingly losing its lustre in the data resilience arena. Though parity, mirroring, and striping in RAID deployment provide a high level of security, various limitations such as long recovery times, high resilience costs, and susceptibility associated with RAID recovery have influenced the invention of substitutes such as erasure coding, which is primarily distinct from other hardware-based systems. The global erasure coding market is expected to grow in popularity throughout the projection period, as it does not require a specialist hardware controller and provides better resiliency than RAID. Furthermore, the better recovery protection that ...