Global Cloud Storage Market – Industry Trends and Forecast to 2027

  • ICT
  • Upcoming Report
  • Mar 2020
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Cloud Storage Market By Type (Object Storage, File Storage, Block Storage) Component Type (Solutions, Services), Deployment (Private Public, and Hybrid), Application (Front End, Back End), User Type (End User (BFSI, Retail and Consumer Goods, Healthcare and life sciences, Media & Entertainment, IT & Telecommunication, Manufacturing, Government and public sector,Energy and Utilities, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027

Cloud Storage Market

Market Analysis and Insights: Global Cloud Storage Market

Cloud storage market is expected to reach USD 272.22 billion by 2027 witnessing market growth at a rate of 24.41% in the forecast period 2020 to 2027. Data Bridge Market Research report on cloud storage market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

The accelerating amount of IT and software companies, generation of mounting volume of data, and benefits of portability storage and access from network compatible area are the essential definers of the cloud storage market during the anticipated time period of 2020 to 2027.  Some of the other factors driving the cloud storage market growth are, accelerated enactment of hybrid form of cloud storage, notable germination in the internet of things (IoT) and swelling demand for company versatility to improve performance is helping the business to progress. Certain components are driving the cloud storage market growth exponentially during the projected time window.

During the projected year of business expansion, the cloud storage market is exposed to face some limitations as well, such as suspicion of merchant lock-in and systems’ opposition to fostering advanced technologies, and the dearth of the interface bandwidth. To tackle the situation of hindrances escalating the requirement for technologically high-level storage solutions will act as an opportunity for market growth.

This cloud storage market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research cloud storage market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Cloud Storage Market Scope and Market Size

Cloud storage market is segmented on the basis of type, component, deployment, application, user type and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the cloud storage market is segmented into object storage, file storage, and block storage.
  • On the basis of component type, the cloud storage market is Solutions, and Services. Solutions section of the market is further divided into primary storage, disaster recovery and backup, cloud storage gateway, and data archiving. Services section is further sub segmented into training and consulting, integration and migration, support and maintenance, and managed services.
  • On the basis of deployment, the cloud storage market is fragmented into private, public, and hybrid.
  • On the basis of user type, the cloud storage market is segmented into large, medium and small enterprises.
  • On the basis of application, the cloud storage market is bifurcated into front end, and back end.
  • On the basis of end user, the cloud storage market is segregated into BFSI, retail and consumer goods, healthcare and life sciences, media & entertainment, IT & telecommunication, manufacturing, government and public sector, energy and utilities, and others.
  • Others is further sub segmented into travel and hospitality and transportation and logistics.

Cloud Storage Market Country Level Analysis

Cloud storage market is analysed and market size, volume information is provided by country, component, deployment, application, user type and end user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America is predicted to endure the most extensive market during the projected time while Asia-Pacific (APAC) is calculated to be the fastest-growing sector during the outlook session. North America is a developed exchange in words of cloud enactment, due to numerous constituents, such as measures, management, exceptional Information Technology (IT) support, the proximity of a vast quantity of companies, and the availability of skilled professional expertise.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Cloud Storage Market Share Analysis

Cloud storage market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cloud storage market.

The major players covered in the cloud storage market report are Amazon Web Services, Inc., Microsoft, IBM Corporation, Oracle, BlackironData, Cumulogic, EMC, Hewlett-Packard, Dell, Atlantic.Net, VMware, Cisco Systems, Inc., Data direct Networks, Verizon Terremark among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available: Global Cloud Storage Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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