The storage market is experiencing an explosion, with new players rushing to seize the track

In the era of the digital economy, data storage has become a fundamental infrastructure requirement. According to industry research institutions, the global storage market size reached $62.83 billion in 2023, and this is just the beginning—over the next seven years, the compound annual growth rate is expected to be around 9.8%, with the market capacity surpassing one trillion by 2030.

What’s even more noteworthy is the segmented track of distributed storage. The current market size is about $15 billion, but the growth momentum is fierce, and it is expected to expand to over $50 billion by 2033, with a CAGR soaring to 16%. Why? Emerging fields like AI model training and Web3 application deployment have suddenly skyrocketed their storage demands, and traditional centralized solutions can no longer keep up.

At this opportunity, Walrus Protocol has found its niche through technological solutions. Its low-cost, highly available design concept hits the market pain points perfectly. There is also promising funding—$140 million in financing and a $2 billion valuation, backed by leading institutions like a16z and Standard Crypto. This is not just financial support but also a confirmation of the industry’s direction for this track.

The reshuffle in the storage market has just begun, and technology leaders will reap the benefits.