Global Cloud Storage Market Overview
In 2023, the global Cloud Storage market was valued at US$ 92.26 Bn. 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 encompasses recent developments, trade regulations, import-export analysis, business models, value chain optimization, market share, and the impact of domestic and local market players. It evaluates opportunities in emerging income areas, shifts in market restrictions, tactical market growth analysis, sales volume, segment growth, application niches and dominance, product approvals, product launches, and geographic regions.
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Market Scope
The report provides competitive information for the Cloud Storage market, including business overviews, financials, revenue generation, market potential, R&D investments, new market initiatives, geographical presence, strengths and weaknesses, product introductions, and application dominance. The information is focused on companies active in the Cloud Storage industry.
Drivers
The Cloud Storage market report also covers major drivers and restraints affecting the market.
Segmentation
For detailed 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 examines the reasons behind the global Cloud Storage market's growth and its various users. It provides data on market participants, geographies, and special requirements. The study offers a comprehensive evaluation of all significant advancements currently prevalent in the market sectors, using statistics, infographics, and demonstrations for key data analysis.
COVID-19 Impact Analysis on Cloud Storage Market
The COVID-19 pandemic led to a significant decline in production utilization. Travel bans and facility closures kept people away from their workplaces, causing the Cloud Storage market to slow in 2020. The new research includes insights, analysis, estimations, and projections on the impact of COVID-19 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 the growth of the Cloud Storage market?
- Which region held the maximum share in the Cloud Storage market in 2020?
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