Press release
Cloud Storage Gateway Market to Witness a Pronounce Growth During 2020 to 2027 | Latest Trending Report with Covid 19 Impact, Analysis and Future Forecast
Cloud Storage Gateway Market
The report offers key drivers that propel the growth in the Cloud Storage Gateway Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
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The ever-increasing volume of data on digital networks among government agencies and private enterprises encourage adoption of cloud storage, which drives the cloud storage gateways market. Gateway providers normally reduce data redundancy and surge compression capabilities to utilize bandwidth resourcefully and mobilize data, cutting down Capex and Opex cost of organizations, which drives the cloud storage gateways market growth. Reduced digital footprint for low service cost boosts demand for cloud storage gateways. However, rise in concerns related to safety and legitimate use of this data is a major challenge for growth of the cloud storage gateways industry. Contrarily, demand for efficient disaster recovery and backup rises, as data usage is increasing, which is further expected to boost the cloud storage gateway market during the forecast period. In addition, organizations are opting for cloud storage as there is high cost associated with traditional storage which is anticipated to drive the cloud storage gateways market.
Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the business for future challenges in advance.
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A cloud storage gateway is a software or hardware networking device that provides connectivity and protocol translation services between a cloud storage service provider and local customer application. It is a software implemented on a local machine or application to facilitate data transfer between incompatible protocols, security, and compression services. A cloud storage gateway is designed to provide better interoperability between different data protocols used in a client/server cloud architecture. Generally, cloud storage gateways are implemented as software gateways provide a suite of services to facilitate seamless data transfer and retrieval between remote cloud storage servers, data compression for faster transfer, version management, and control of entire storage snapshots and run-time encryption, which ensures secure data transmission.
Major players analyzed in the market include Agosto, Inc., Amazon Web Services Inc., Ctera Networks Inc., Dell Inc., Emulex Corporation, Hewlett Packard Enterprise, Maldivica Inc., Microsoft Corporation, NetApp Inc., and Oracle Corporation.
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The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
Key benefits of the report:
This study presents analytical depiction of the global cloud storage gateways industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global cloud storage gateways market share.
The current market is quantitatively analyzed from 2021 to 2027 to highlight the cloud storage gateways market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global cloud storage gateways market analysis based on competitive intensity and how the competition will take shape in coming years.
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