Storage requirements for images and video are increasing. "In the near future, several petabytes of storage may be required for a complete digital movie project at 4K resolution. By the next decade total video captured for a high end digital production could be hundreds of PB, even approaching 1 Exabyte." A recent survey shows that overall cloud storage for media and entertainment is expected to grow 37 times (322 PB to 11,904 PB) and cloud storage revenue will exceed $1.5 billion by 2019.
- The largest demand for storage is for digital conversion and preservation (including archiving of new digital content - 96.5%).
- Archiving and preservation in 2013 was about 47% of the total storage revenue. Active archiving will drive increased use of storage for long term archives.
- By 2019 it is expected that 64% of archived content will be in near-line storage, up from 43% in 2013.
- Over 50 Exabytes of digital storage will be used by 2019 for digital archiving and content conversion and preservation