According to Santa Clara Consulting Group, the total of all tape drives sold in 2012 was 392 million with LTO tape drives representing 94% of that number. In 2011 the number was 557 million, which shows a that tape sales decline 30% year over year. Tape media declined from 776 million to 665 million, a 14% decline. LTO-6 was launched at the end of the year and LTO-5 drives grew again, but the growth didn’t offset the lower volumes of earlier generations of tape. Large tape libraries are still being sold and may help offset the decline of tape but the trend over the last 6 years has been downward, making us look prophetic for snagging the URL tapesucks.com back in 2003.