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Storage device virtualization is a technology that abstracts the physical storage resources, allowing multiple physical storage devices to be managed as a single logical device. One of its key characteristics is that it enables data striping, which refers to the distribution of data across multiple physical disks. This process enhances performance and increases the effective bandwidth by allowing simultaneous read and write operations across the disks.

By leveraging striping, storage device virtualization can optimize storage efficiency and improve data retrieval speeds, making it a fundamental aspect of modern storage solutions. This aspect of virtualization is particularly valuable in environments where performance and redundancy are critical, such as in data centers or enterprise storage systems.

In contrast, the other options do not encapsulate the primary characteristics of storage device virtualization. Minimizing latency, requiring specialized hardware, and complicating data recovery procedures may be associated aspects or outcomes of storage systems, but they do not specifically define the virtualization process itself.