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: โฆ
More Releases from IMARC Group
United States I-Joist Market Share, Size, In-Depth Insights, Trends and Forecast โฆ
IMARC Group has recently released a new research study titled "United States I-Joist Market Report by Sector (Residential, Commercial), New Construction and Replacement (New Construction, Replacement), Application (Floors, Roofs, and Others), and Region 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Market Overview
The United States I-Joist market size reached 3.1 Million Cubic Metres in 2024.โฆ
Hexene Production Plant Setup Cost in 2026: Equipment, Raw Materials, and Invest โฆ
IMARC's new report titled "Hexene Production Cost Analysis Report 2026: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue," provides a complete roadmap for setting up a Hexene production plant. The study covers all the requisite aspects one needs to know while entering the Hexene industry. It offers a comprehensive breakdown of the Hexene production plant setup cost, providing detailed insights into initial capital requirements and infrastructureโฆ
Mexico In-Vitro Diagnostics Market Size, Share, Industry Trends, Growth Factors โฆ
IMARC Group has recently released a new research study titled "Mexico In-Vitro Diagnostics Market Report by Test Type (Clinical Chemistry, Molecular Diagnostics, Immunodiagnostics, Hematology, and Others), Product (Reagents and Kits, Instruments), Usability (Disposable IVD Devices, Reusable IVD Devices), Application (Infectious Disease, Diabetes, Cancer/Oncology, Cardiology, Autoimmune Disease, Nephrology, and Others), End User (Hospitals Laboratories, Clinical Laboratories, Point-of-care Testing Centers, Academic Institutes, Patients, and Others), and Region 2025-2033", offers a detailed analysisโฆ
Bamboo Paper Plant Setup 2025: CAPEX Breakdown & Machinery Sourcing Guide
Bamboo paper is an eco-friendly paper product manufactured using bamboo pulp instead of traditional wood pulp. Bamboo grows rapidly, requires minimal water and chemicals, and regenerates naturally, making it a highly sustainable raw material for the paper industry. Bamboo paper is widely used in printing and writing paper, tissue paper, packaging materials, notebooks, and specialty paper products, offering good strength, smooth texture, and reduced environmental impact compared to conventional paper.
Settingโฆ
More Releases for Cloud
Government Service Cloud Market SWOT Analysis by Leading Key Players: Google Clo โฆ
HTF MI just released the Global Government Service Cloud Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Government Service Cloud Market are:
Amazon Webโฆ
Cloud Model Hosting Platform Market Size, Status, Global Outlook 2025 To 2033 | โฆ
New Jersey, United States: The latest research study by Infinity Business Insights, titled 'Globalย Cloud Model Hosting Platform Market,' 118 analysis on business strategies adopted by key and emerging industry players. It provides insights into current market developments, trends, technologies, drivers, opportunities, and overall market outlook. Understanding various segments is crucial for identifying the factors that drive market growth. Some of the major companies featured in this report include Amazon Webโฆ
AI Supercomputing Cloud Market to Witness Huge Growth by 2029 | AWS, Oracle, Mic โฆ
The AI Supercomputing Cloud Market a detailed study added to provide most recent insights about critical reports of the Global AI Supercomputing Cloud market. This report provides a detailed overview of key factors in the AI Supercomputing Cloud Market and factors such as driver, limitation, past and current trends, guiding scenarios, and technology development. In addition, AI Supercomputing Cloud Market attractiveness according to country, end-user, and other measures is alsoโฆ
Open Cloud Services Market Size in 2023 To 2029 | Google Cloud - T-Systems - IBM โฆ
The Open Cloud Services market report includes market-driving factors, major obstacles, and restraining factors impeding market growth. The report assists existing manufacturers and start-ups in developing strategies to combat challenges and capitalize on lucrative opportunities to gain a foothold in the global market. Moreover, the report provides thorough information about prime end-users and annual forecast during an estimated period.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐
๐ซ๐๐ ๐๐๐
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ โก๏ธ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6778415
๐๐๐๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐โฆ
Mini Program Development Services Market Size in 2023 To 2029 | Tencent Cloud, A โฆ
The Mini Program Development Services market report provides valuable insights for new entrants and stakeholders, offering a comprehensive understanding of market dynamics. It analyzes the competitive landscape and future market scenarios using tools like Porter's five forces and parent/peer market analysis. The report evaluates the product portfolios and services of key market players in detail. It also examines the impact of government regulations during the Covid-19 pandemic and provides marketโฆ
Customized Cloud Service Market May See a Big Move | IBM Cloud, Oracle Cloud, Al โฆ
Global Customized Cloud Service Market Growth (Status and Outlook) 2023-2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Customized Cloud Service Market. Some of the key players profiled in the study are Googleโฆ
