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Cloud Storage Market Report Market involving Key Players: Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise Development LP, Google, Inc., VMware, Inc., Oracle Corporation, EMC Corporation, Rackspace Hosting, Inc
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The global cloud storage market is expected to witness high growth rate during the forecast period, owing to the rise in ICT spending by governments in several developed as well as developing regions including North America, Europe, and Asia-Pacific. In addition, rise in concerns over data loss and recovery has given rise to the cloud storage industry among several user types including large and small and medium enterprises. In the coming years, small and medium enterprises are expected to adopt cloud storage technology at a rapid pace due to low cost of deployment, easy accessibility, flexible payment model, and growth in demand for data backup and disaster recovery services. However, data privacy apprehension in public cloud deployment is one of the key factors obstructing the cloud storage market growth.
The global cloud storage market is segmented based on component type, deployment mode, user type, industry vertical, and geography. Based on component type, the market is categorized into software and services. Considering deployment mode, the market is divided into private, public, and hybrid models. User type covered in the study includes large enterprise and small & medium enterprise. On the basis of industry vertical, the market is divided into BFSI, government and education, healthcare, telecommunication & IT, retail, manufacturing, media & entertainment, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the cloud storage market include Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise Development LP, Google, Inc., VMware, Inc., Oracle Corporation, EMC Corporation, Rackspace Hosting, Inc., Red Hat, Inc., and others. These players have adopted strategies such as geographical expansion, mergers & acquisitions, product portfolio expansion, and collaborations to enhance their product penetration in the global cloud storage market.
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KEY BENEFITS
The report provides in-depth market analysis of cloud storage market globally, outlining current trends, key driving factors, and potential areas for product investments.
Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies.
Holistic approach of segmentation is carried out through in-depth market study and discussions with several industry experts worldwide for global cloud storage market.
The report provides highlights of top investment pockets, key impacting factors, and wining strategies for the cloud storage market.
Cloud Storage Market Key Segments:
By Component
Software
Services
By Deployment Mode
Private
Public
Hybrid
By User Type
Large Enterprises
Small & Medium Enterprises
By User Type
BFSI
Government & Education
Healthcare
Telecom & IT
Retail
Manufacturing
Media & Entertainment
Others (Business Service Providers, Energy & Utilities, Transportation, and Construction)
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By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Singapore
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key players profiled in the report
Amazon Web Services, Inc.
Microsoft Corporation
IBM Corporation
Hewlett Packard Enterprise Development LP
Google Inc.
VMware, Inc.
Oracle Corporation
EMC Corporation
Rackspace Hosting, Inc.
Red Hat, Inc.
Other Market Players Mentioned in the Report
Nasuni Corporation
Qumulo, Inc.
Rubrik
Zadara Storage
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Western Market Research is a global player, among top market research companies, with niche in intelligent industry analysis, business report, syndicate, comprehensive and secondary research report having in-depth data analysis based on history trends and forecast, segmentation, major players, market size and market share. Our research firm comprises of analysts with insights on market overview providing business consulting services resulting in breakthrough primary and secondary market research reports.
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