Public Cloud Storage Services Market Production and CAGR (%) Comparison by Types

Public cloud storage services are cost-effective and offer scalability, reliability and performance benefits. Using public cloud storage services lets organizations offload management tasks and the costs associated with supporting physical hardware to an external provider. An organization's data is stored in the provider's data center and the provider manages and maintains all facets of the data center, including power, cooling and server maintenance. As a result, organizations don't have to worry about archive planning, implementing security practices or conducting resource planning for future data growth.

Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/7393

Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/7393

Public cloud storage services are also cost-effective; organizations pay only for the resources they use. Public cloud storage services provides a scalable and agile environment for businesses to increase or decrease storage on demand. Organizations use the public cloud to store both structured and unstructured data. Many applications that have made their way to the cloud -- such as those that use back-end databases or structured data -- handle data from applications that tie directly into cloud database services. This type of cloud storage environment is appealing to companies that are either just starting out and don't want to purchase hardware or that are looking for scalable storage that doesn't require a large capital expenditure.

Public Cloud Storage Services Market: Drivers and Challenges

Few of the major driving factors of public cloud storage services market are that the companies that are just starting out, need not worry about the expenses involved in maintaining their own data center. These companies can take public cloud storage services on rent from any of the providers of cloud storage services. In addition to this, the companies need to pay only as per their usage at the end of the month, once they have availed the cloud storage services, hence they don’t need to invest beforehand. Also, customer can select the media type, volume size, and maximum IOPS and throughput per volume and per instance depending upon their requirement. Hence the public cloud storage services vendors offers flexibility in choosing a plan, which makes it easier for the customers/enterprises to avail services as per their requirement.

Public Cloud Storage Services Market: Segmentation

Segmentation on the basis of service:

Software-as-a-Service
Infrastructure-as-a-Service
Segmentation on the basis of enterprise:

SMEs
Large scale Enterprises
Segmentation on the basis of vertical:

BFSI
IT & Telecommunications
Government & Defense
Transportation
Manufacturing
Healthcare
Retail
Energy & Utilities
Others
Public Cloud Storage Services Market: Key Market Players

Few of the companies in Public Cloud Storage Services market are: Amazon Web Services, Alibaba Group Holding Limited, AT&T, Google, Inc., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Verizon Enterprise and Rackspace Inc. These companies are focused towards innovating and enhancing their existing solutions in order to increase their market share in Public Cloud Storage Services market.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

E: sales@marketresearchreports.biz

This release was published on openPR.