E-commerce market\, rising data consumption opportunities to expand in India: Seagate

E-commerce market, rising data consumption opportunities to expand in India: Seagate

Press Trust of India  |  Singapore 

Global sees the booming market as well as driven data consumption as opportunities to sell more products in

He added that the landscape of the telecom industry has changed rapidly, particularly in the last three years, following the arrival of

Teh said the services from Jio has completely changed the traditional telecom economy in

"This is ultimately good for and good for the industry at large because it will enable a lot of new applications. Mobile (phone) is obviously interesting for us because it will be growing...and how we play in a mobile segment is multi-fold," he said.

A lot of content is created for but it needs to be stored somewhere because it does not have enough storage capacity and that is where cloud comes to play, he added.

Likewise, a lot of streaming also happens but sometimes streaming is not efficient and one needs an that can be connected to the phone to enjoy the mobile content, or even for back up that locally on personal storage devices, he said.

"So, we have solutions for that as well. Another one really interesting would be I think platforms are now moving very-very quickly into mobile as well.

"And certainly we view e-commerce as a very very important channel for us...not just but also will be moved to e-commerce platforms," Teh said.

Giving a presentation on 'Data is Potential - The Rise of the Edge', Teh said is the fastest growing 'datasphere' region which is expected to grow at a CAGR of 27.2 per cent by 2025 to reach 175 Zettabytes (ZB).

One ZB is equivalent to one trillion Gigabytes.

As per the presentation, if 175 ZB was to be stored on Blu-ray discs, the stack would reach the moon.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 21 2019. 10:20 IST