Press release
At a CAGR of 19.5% Cloud Storage Global Market to be Worth US$ 247.5 Billion by 2028 : IMARC Group
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ง๐ ๐ ๐๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐จ๐ซ ๐๐ซ๐๐:
https://www.imarcgroup.com/cloud-storage-market/requestsample
What is a Cloud Storage?
Cloud storage represents a cloud computing model wherein data is stored on remote servers and accessed over the internet or via a dedicated private network connection.
It is operated, maintained, and managed by cloud storage service providers. Cloud storage provides protection from theft and natural disasters and instant automatic backup. In addition to this, it reduces costs for maintenance and management of the servers.
Furthermore, it delivers a cost-effective and scalable alternative to store files on on-premises hard drives or storage networks. Consequently, cloud storage finds extensive applications in various industries, such as manufacturing, telecommunications, media and entertainment, information technology (IT), etc., across the globe.
What are the major market drivers in the cloud storage market?
The emerging trend of automation is primarily driving the cloud storage market. Additionally, the growing utilization of serverless cloud that does not need leasing servers or paying for fixed amounts of storage and bandwidth is also catalyzing the market growth.
Besides this, the expanding banking, financial services and insurance (BFSI) sector is acting as another significant growth-inducing factor.
Moreover, the escalating demand for cloud storage solutions that offer real-time backup of medical information by allowing healthcare providers to quickly restore the data in the event of power loss, hardware failure, data breaches ensuring minimal disruption or interruption to patient care, etc., is augmenting the global market.
Apart from this, the rising adoption of the remote working model, on account of the sudden outbreak of the COVID-19 pandemic, is anticipated to fuel the cloud storage market over the forecasted period.
Who Are The Leading Players in The Cloud Storage Market ?
The competitive landscape of the industry has
Alibaba Group Holding Limited
Amazon Web Services Inc. (Amazon.com Inc.)
Dell Technologies Inc.
Dropbox Inc.
Google LLC (Alphabet Inc.)
Hewlett Packard Enterprise Development LP
Huawei Technologies Co. Ltd.
International Business Machines Corporation
Microsoft Corporation
NetApp Inc.
Oracle Corporation
and VMware Inc (Broadcom Inc.)
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐:
https://www.imarcgroup.com/cloud-storage-market
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Component:
โข Solution
โข Services
Breakup by Deployment Type:
โข Private
โข Public
โข Hybrid
Breakup by User Type:
โข Large Enterprises
โข Small and Medium-sized Enterprises
Breakup by Industry Vertical:
โข BFSI
โข Government and Public Sector
โข Healthcare
โข IT and Telecom
โข Retail
โข Manufacturing
โข Media and Entertainment
โข Others
Based on the Industry Vertical sector, the report finds that the utility sector dominates the market. There are many ongoing development projects undertaken by various nations, which require a continuous flow of electricity. Owing to this, there is a rising demand for power inverters in this sector.
Regional Insights:
โข Asia Pacific
โข North America
โข Europe
โข Middle East and Africa
โข Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
Key Highlights of The Report :
โข Market Performance (2017-2022)
โข Market Outlook (2023- 2028)
โข Porter's Five Forces Analysis
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Value Chain
โข Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Global eVTOL Aircraft Market Share 2022-2027- https://www.marketwatch.com/press-release/global-evtol-aircraft-market-share-future-opportunities-covied-19-impact-analysis-upcoming-trends-during-2022-2027-imarc-group-2022-12-19
Mobile Crushers and Screeners Market Growth 2022-2027-
https://www.marketwatch.com/press-release/mobile-crushers-and-screeners-market-growth-2022-2027-industry-forecast-size-share-trends-and-growth-2022-10-07
Railroad Market Share 2023-2028- https://www.marketwatch.com/press-release/railroad-market-share-2023-2028-bnsf-railway-company-canadian-national-railway-co-canadian-pacific-railway-limited-imarc-group-2022-12-13
Dental Liners and Bases Market Forecast 2022-2027-
https://www.marketwatch.com/press-release/dental-liners-and-bases-market-growing-at-340-during-2022-2027-industry-size-share-forecast-and-report-2022-12-07
Mining Drills & Breakers Market Size, Share 2022-2027-
https://www.marketwatch.com/press-release/mining-drills-breakers-market-size-share-growth-trends-forecast-2022-2027-2022-12-07
Fitness and Recreational Sports Centers Market Trends 2022-2027- https://www.marketwatch.com/press-release/fitness-and-recreational-sports-centers-market-trends-2022-report-growth-industry-analysis-2027-2022-12-07
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release At a CAGR of 19.5% Cloud Storage Global Market to be Worth US$ 247.5 Billion by 2028 : IMARC Group here
News-ID: 2857166 • Views: 407
More Releases from IMARC Group
Bridge Construction Market To Reach US$ 1,243.7 Million by 2028 | Growth Rate (C โฆ
According to the latest report by IMARC Group, titled "Bridge Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global bridge construction market size reached US$ 921.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,243.7 Million by 2028, exhibiting a growth rate (CAGR) of 4.89% during 2023-2028. Bridge construction is building a structure that spans a physical obstacle, such asโฆ
Smart Office Market To Reach US$ 83.2 Billion by 2028 | Growth Rate (CAGR) of 13 โฆ
According to the latest report by IMARC Group, titled "Smart Office Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global smart office market size reached US$ 39.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 83.2 Billion by 2028, exhibiting a growth rate (CAGR) of 13% during 2023-2028. A smart office is a workplace that employs technology to optimize the useโฆ
Synthetic Lubricants Market Size, Sales Estimation, Top Leading Players and Busi โฆ
According to IMARC Group latest report titled "Synthetic Lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on synthetic lubricants market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global synthetic lubricants market reached a value of US$13.7 Billion in 2021. Looking forward, IMARC Group expects the market toโฆ
Tractor Market 2023-2028, Global Size, Share, Demand, Leading Players and Indust โฆ
According to IMARC Group's latest report, titled "Tractor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global tractor market is expected to exhibit a growth rate (CAGR) of 4.3% during 2023-2028. A tractor represents a specifically engineered vehicle designed to provide high torque at a slow speed. It comprises wheels, an engine, cooling, transmission, fuel, electrical and operator systems as standard components. Compared to regular trucks,โฆ
More Releases for Cloud
Customized Cloud Service Market Analysis by Company - Google Cloud Platform, Rut โฆ
DeepResearchReports has uploaded a latest report on Customized Cloud Service Industry from its research database. Customized Cloud Service Market is segmented by Regions/Countries. All the key market aspects that influence the Customized Cloud Service Market currently and will have an impact on it have been assessed and propounded in the Customized Cloud Service Market research status and development trends reviewed in the new report.
The new tactics of Customizedโฆ
Public Cloud Market (Cloud Billing, Cloud Access Security, Cloud Communication P โฆ
Overview
The report on the global Public Cloud market is a product of extensive research conducted by a team of industry professionals. The report discusses briefly various products or services in the market and their applications. The report provides information on the latest technologies that are used in production, manufacturing, etc in order to improve efficiency and effectiveness. The report segments the market into various categories, in order to simplify theโฆ
Cloud Service Consultants, Cloud Consulting Service, Enterprise Cloud Management โฆ
Overview
Ken Research is dedicated towards unraveling multipart encounters within each stage of Data Center Lifespan such as Volume Planning, Scalability Issues, Uptime, Performance Conservation and Cost. Whether you are considering improving, forming, buying, leasing or revolutionizing your prevalent data center, Ken Research can maintenance you on every aspect by smoothing you partner with Vendors who have enormous understanding in the comparable Service Offering.
However, the data centers are an influential componentโฆ
Cloud Computing for Business Operations Market 2019 By Amazon Web Services, Micr โฆ
Cloud computing is a internet-based computing where central remote servers maintain all the data and applications. Cloud computing allow business operators to rent physical infrastructure from a third party provider(cloud service provider).
Cloud Computing for Business Operations Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well asโฆ
Global Cloud Computing for Business Operations Market, Top key players are Amazo โฆ
Global Cloud Computing for Business Operations Market Size, Status and Forecast 2019-2025
Cloud computing is a internet-based computing where central remote servers maintain all the data and applications. Cloud computing allow business operators to rent physical infrastructure from a third party provider (cloud service provider).
In 2018, the global Cloud Computing for Business Operations market size was xx million US$ and it is expected to reach xx million US$ by theโฆ
Top 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cl โฆ
โTop 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cloud Orchestration, Integration Platform As-A-Service, Disaster Recovery As-A-Service, Multi Cloud Management, Video-As-A Service, Cloud Analytics, and Wi-Fi-As-A-Service)โ, Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
โRising demand for business agility and the need for lower CAPEX and OPEX driving the growth of the cloud migration services marketโ
The migration to cloud enables the organizations and businesses to move their computing assetsโฆ
