Press release
Global cloud storage market s expected to grow at a CAGR of around 29% from 2017 to 2025
The global cloud storage marketis expected to grow at a CAGR of around 29% from 2017 to 2025. The storage solutions are evolving at a steady pace as numerous players such as Amazon, IBM, and others have penetrated the market with advanced solutions for storing data cost-effectively. Cloud storage is one such model of storing data wherein digital data is saved in logical pools and multiple servers and is typically managed by a hosting company. Cloud storage services can be accessed via a co-located cloud computer service, a web service API, or by the applications utilizing the API, such as web-based content management systems.Request Sample At: https://www.progressivemarkets.com/industry-research/cloud-storage-market
Based on deployment model, the global cloud storage market is divided into public, private, and hybrid cloud. According to solution type, it is categorized into primary storage, disaster recovery & backup storage, cloud storage gateway, and data archiving. By service type, it is classified into training & consulting, cloud integration & mitigation, support & maintenance, and managed services. The industry vertical segment is divided into BFSI, retail & consumer goods, government, educational institutions, healthcare, IT & telecom, and others (manufacturing, media & entertainment). Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Growing adoption rate of hybrid cloud storage
Ease of deployment of cloud storage solutions
Increasing need for enterprise mobility
Restraints:
Dearth of high network bandwidth
Stringent government regulations
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Market Players:
The top players in the global cloud storage market include Amazon Web Services, IBM Corporation, Microsoft Corporation, VMWare, Inc., Hewlett Packard Enterprise Company, Google, Inc., Oracle Corporation, EMC Corporation, Rackspace Hosting, Inc., and Dropbox, Inc.
MARKET LANDSCAPE
By Deployment Model
Public Cloud
Private Cloud
Hybrid Cloud
By Solution
Primary storage
Disaster recovery & backup storage
Cloud storage gateway
Data archiving
By Service
Training & consulting
Cloud integration & mitigation
Support & maintenance
Managed services
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Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
4. Global cloud storage market by deployment type
4.1. Public cloud
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Private cloud
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