Growing Adoption Of Hybrid And Multi-Cloud Strategies Fuels Cloud-Native Storage Market Growth: A Key Catalyst Accelerating Global Cloud Native Storage Market Growth in 2025

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Cloud Native Storage Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The expansion of the cloud native storage market has been quite remarkable in the last few years. The market is projected to surge from $24.05 billion in 2024 to $29.24 billion in 2025, representing a compound annual growth rate (CAGR) of 21.6%. This impressive progress during the historical period is largely due to factors such as escalating data proliferation, growing trends towards containerization, heightened cost efficiency, enhanced flexibility and scalability, and API-driven architectures.

Cloud Native Storage Market Size Forecast: What's the Projected Valuation by 2029?
The market for cloud-native storage is anticipated to witness remarkable expansion in the coming years, with projections placing its worth at $62.51 billion by 2029, escalating at a compound annual growth rate (CAGR) of 20.9%. Various factors, such as the surge in edge computing, rising acceptance of multi-cloud, stricter security and compliance needs, and a heightened focus on performance optimization, contribute to this predicted increase during the forecasted period. Key trends set to shape the market during this phase comprise hybrid cloud solutions, increasing prevalence of cloud technologies, tools for data management and orchestration, persistent storage options for stateful applications, and security-centric storage solutions.

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What Are the Drivers Transforming the Cloud Native Storage Market?
The escalating uptake of hybrid and multi-cloud approaches is anticipated to spur the expansion of the cloud-native storage market. Hybrid and multi-cloud approaches imply utilizing multiple cloud services, such as public and private clouds, provided by various entities to fulfill a myriad of business requisites. The adoption of such strategies has amplified owing to their efficient process streamlining abilities and numerous factors that cater to the dynamic needs of businesses, institutions, and individuals. Cloud-native storage is employed in these hybrid and multi-cloud strategies to equip organizations with the necessary flexibility, scalability, and resilience to handle data across diverse cloud setups. For example, as per data disseminated by Cloudzero, a US-based software-as-a-service firm, in December 2023, the majority of organizations are projected to adopt a hybrid cloud in 2022 (39%), marking a 3% escalation from the previous year (36% in 2021). Consequently, the accelerated adoption of hybrid and multi-cloud approaches is catalyzing the expansion of the cloud-native storage market.

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What Long-Term Trends Will Define the Future of the Cloud Native Storage Market?
Prominent companies in the cloud-native storage market are focusing on cutting-edge developments like solarwinds observability, a fresh cloud-native SaaS observability platform. This platform provides a range of tools engineered to aid companies in effectively supervising and controlling their IT infrastructure, applications, and services. Just as an instance, in October 2022 SolarWinds Worldwide LLC, an American network monitoring enterprise, unveiled its cloud-native software-as-a-service platform, SolarWinds Observability. This platform offers overarching and integrated visibility into modern, dispersed, hybrid and multiple-cloud IT environments. It combines observability solutions traversing networks, infrastructure, systems, applications, databases, digital experiences, and log monitoring into a single comprehensive solution for both private and public clouds. It is instrumental in addressing the migration towards the cloud, hybrid IT, and remote labor force, providing a panoramic view of the entire environment in public and private clouds. It is specifically designed for IT Ops and DevOps teams, developers, cloud architects and IT executives.

Which Segments in the Cloud Native Storage Market Offer the Most Profit Potential?
The cloud native storagemarket covered in this report is segmented -

1) By Component: Solution, Services
2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Application: Backup And Recovery, Content Delivery, Big Data And Analytics, Data Archiving, Database Storage Management, Other Applications
4) By End-Use Industry: Banking, Financial Services And Insurance, Information Technology And Telecom, Healthcare, Retail And Consumer Goods, Manufacturing, Government, Energy And Utilities, Media And Entertainment, Other End-users

Subsegments:
1) By Solution: Storage Management Solutions, Data Protection And Backup Solutions, File Storage Solutions, Block Storage Solutions, Object Storage Solutions
2) By Services: Consulting Services, Integration Services, Managed Services, Support And Maintenance Services

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Which Firms Dominate the Cloud Native Storage Market by Market Share and Revenue in 2025?
Major companies operating in the cloud native storage market are Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., International Business Machines Corporation, Google Cloud Platform, VMware Inc., NetApp Inc., Citrix Systems Inc., Nexenta Inc., Pure Storage Inc., Longhorn Inc., Scality Inc., DataCore Software Corp., StorCentric Inc., Zadara Storage Inc., Diamanti Inc., Rookout Inc., Kasten Inc., Tiger Technology Ltd., Robin.io Inc., MinIO Inc., WekaIO Inc., Quobyte Inc., Portworx Inc., OpenEBS Inc.

Which Regions Offer the Highest Growth Potential in the Cloud Native Storage Market?
North America was the largest region in the cloud native storage market in 2024. The regions covered in the cloud native storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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