Press release
Cloud Storage Market Astonishing Growth with Top Influencing Key Players like OneDrive, Dropbox, Google Drive, Box, pCloud, Mega, Amazon Drive
The Cloud Storage market revenue was USD 66.13 billion in 2021, and will reach USD 290.33 billion in 2028, with a CAGR of 21.4% during 2022-2028.MarketInsightsReports has published global Cloud Storage Market research report. This report presents an in-depth analysis of the Cloud Storage Market size, share, SWOT Analysis, future progress expansion, industry growth, key development strategies and market trend dynamics which includes drivers, restraints, opportunities prevailing in the industry by product type, application, and key regions & countries. This report will inform about the latest market trends and upcoming players. It will also give information about the business strategies employed by the established companies and startups for increasing market share and revenues. This is a latest report, covering the COVID-19 impact on the market.
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The report highlights the trends in the global Cloud Storage industry by looking at the market from a regional perspective, application perspective. The report provides detailed volume analysis and region-wise market size analysis of the market. The report describes the factors driving the industry's growth and highlights market channels.
Some of the companies operating in this market include:
OneDrive, Dropbox, Google Drive, Box, pCloud, Mega, Amazon Drive, SpiderOak, Baidu, Alibaba, Tencent, Microsoft
Market Overview:
Cloud storage is a model that stores and provides the management of data on the internet through cloud computing. According to the Cisco Global Cloud Index Forecast 2015-2020, 92% of the business workloads are likely to be processed on cloud data centers. This shows that the market is expected to have unprecedented growth in the upcoming years. Also, the global market is set to show significant growth driven by the outbreak of COVID-19. Market players are offering storage services to support organizations in remote location management. For instance, in July 2020, Google Cloud announced its strategic partnership with a cloud content management company, Box, Inc. The partnership would help them in focusing on supporting clients for transforming on the remote workspace.
Industry News And Development:
In August 2020, IBM modernized its IBM Cloud Object Storage (COS) server by improving its disk capacity with new high-capacity disk drives, named Shingled Magnetic Recording (SMR) drives, to lower the costs of IBM COS for building optimized AI infrastructures. Moreover, the enhancement can help improve reading and writing operations along with enhancing object data collection and access.
In July 2020, Amazon launched the Amazon Elastic Block Store (EBS) direct Application Programming Interfaces (APIs) to enable customers to create snapshots of their block storage data. The APIs provide read access to EBS snapshots for enabling snapshot creation.
April 2020 - Microsoft Corporation and Blackrock partnered up to host Aladdin infrastructure provided by Blackrock on the Azure cloud platform. By leveraging the Microsoft Azure cloud platform, Blackrock will bring enhanced capabilities to its Aladdin platform through higher computing scales.
Detailed TOC of Global Cloud Storage Market @
https://www.marketinsightsreports.com/reports/02075275484/global-cloud-storage-market-insights-and-forecast-to-2028?Mode=369
Market Segment by Type, covers:
Personal Cloud Storage
Public Cloud Storage
Private Cloud Storage
Hybrid Cloud Storage
Market Segment by Applications, can be divided into:
Enterprise
Government
Personal
Others
Regions Covered in the Global Cloud Storage Market:
South America Cloud Storage Market Covers Colombia, Brazil, and Argentina.
North America Cloud Storage Market Covers Canada, United States, and Mexico.
Europe Cloud Storage Market Covers UK, France, Italy, Germany, and Russia.
The Middle East and Africa Cloud Storage Market Covers UAE, Saudi Arabia, Egypt, Nigeria, and South Africa.
Asia Pacific Cloud Storage Market Covers Korea, Japan, China, Southeast Asia, and India.
North America is projected to dominate the market throughout the forecast period. According to Cisco's regional cloud traffic trends, it is estimated to generate the highest cloud traffic among other regions. The United States holds the major market share attributed to the significant adoption of e-commerce, electronic signatures, and other digital services that generate heaps of data each day. North America being a mature market would ensure to continue the use of these storage services.
Furthermore, the report gives insights about a couple of chief models and points of view that on a very basic level influence the business share. Further, the document recommends tricks and tips to the companies that are newly emerging in the business space and helps the investors in making important decisions.
Table of content:
Chapter 1 Cloud Storage Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Players
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Cloud Storage Market Forecast
You can buy the complete report @
https://www.marketinsightsreports.com/report/purchase/02075275484?mode=su?Mode=369
Key Questioned Answered in the Report:
-What is the market size and forecast of the Cloud Storage Market?
-What are major growth drivers and market trends that impacting on the global Cloud Storage Market?
-What is the competitive strategic window for opportunities in the Cloud Storage Market?
-What the market size both in terms of value and volume for global Cloud Storage Market?
-Who are leading market players and who are the new market players that operate in the global Cloud Storage Market with an estimated market share?
-What are the future investment and opportunity in the global Cloud Storage Market?
Customization of the Report:
MarketInsightsReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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