Over the years, tape drive has proven to be the most reliable storage media of choice, for big and small businesses. Despite the incessant predictions about the death of the tape drives in the years to come, they are still popular. Tape automation is an approximately $ 2.03 billion business. In the year 2002, about 153,000 tape automation units were sold all over the world. In the coming years, the market for tape drives is expected to grow by 11 percent. Considering the given statistics, tape drives are here to stay and will continue to play a major role in backing up the voluminous corporate data over the years.