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Cloud Storage Gateways Market Analysis 2022 | Recorded Hyper Growth in the Future - 2027
Allied Market Research
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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.
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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Rise in need for data encryption in organizations as compared to a commercial external hard drive where files have to be manually encrypted, cloud services automatically encrypt files before storing them. This means hackers need to the file encryption first before they can steal any information.
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.
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