Global Cloud Storage Market Size and Forecast
The global Cloud Storage market size was valued at US$ 92.26 Bn. in 2023 and is projected to reach US$ 283.60 Bn. by 2030, growing at a CAGR of 17.4% during the forecast period.
Market Overview:
The Cloud Storage market report highlights recent developments, trade regulations, import-export analysis, business models, value chain optimization, and market share. It also assesses opportunities in emerging income pockets, market restrictions, tactical growth, sales volume, segment growth, application niches, product approvals, releases, and regional performance.
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Market Scope:
In a highly competitive environment, the report provides detailed information on competitors, including business overviews, financials, revenue, market potential, R&D investments, new market efforts, geographical presence, firm strengths and weaknesses, product introductions, and application dominance. The focus is on the Cloud Storage industry.
Drivers:
The report also covers major restraints and drivers affecting the Cloud Storage market.
Segmentation:
by Component
Solutions
Services
by Application
Primary Storage
Backup and Disaster Recovery
Archiving
by Deployment Type
Public
Private
Hybrid
by Vertical
BFSI
IT and ITeS
Telecommunications
Healthcare and Life Sciences
Media and Entertainment
Consumer Goods and Retail
Manufacturing
Government and Public Sector
Energy and Utilities
Others
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Key Players:
The major players covered in the Cloud Storage market report include:
1. Amazon Web Services, Inc (US)
2. Google (US)
3. Microsoft (US)
4. IBM (US)
5. Wasabi (US)
6. Oracle (US)
7. Rackspace Technology (US)
8. Hewlett Packard Enterprise (US)
9. Dell Technologies (US)
10. Dropbox (US)
11. VMware (US)
12. NetApp (US)
13. Hitachi Vantara (US)
14. Scality (US)
15. Citrix (US)
16. DigitalOcean (US)
17. Zadara (US)
18. Cisco Systems, Inc. (US)
19. Data direct Networks (US)
20. MongoDB, Inc. (US)
21. Alibaba Cloud (China)
Regional Analysis:
The report explores the factors driving the global Cloud Storage market's growth, including user demographics, market participants, geographic regions, and special requirements. It provides a comprehensive evaluation of all significant developments across market sectors using statistics, infographics, and demonstrations.
COVID-19 Impact Analysis on Cloud Storage Market:
The COVID-19 pandemic caused a significant decline in production utilization, travel bans, and facility closures, leading to a slowdown in the Cloud Storage market in 2020. The report includes insights, analysis, estimations, and projections regarding COVID-19's impact on the Cloud Storage market.
Key Questions Answered in the Cloud Storage Market Report:
- Which segment held the largest share in the Cloud Storage market?
- What was the competitive scenario of the Cloud Storage market in 2020?
- What are the key factors driving growth in the Cloud Storage market?
- Which region held the maximum share in the Cloud Storage market in 2020?
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