Cloud Storage Market Size, Share, Revenue, Worth, Statistics, Segmentation, Outlook, Overview to 2029


Posted December 14, 2022 by pranit10

Cloud Storage Market was valued at US$ 66.95 Bn. in 2021 and the total Cloud Storage revenue is expected to grow at 17.4% from 2022 to 2029, reaching nearly US$ 241.6 Bn.

 
Cloud Storage Market Overview:

The report has forecasted to expected fluctuations in demand of Cloud Storage by year and by country, which is supposed to give good idea about the future course of movement about the Cloud Storage market. The supply side by key players by region and by end user is given in volume as well as volume in the report. The report also has given the expected demand and supply gap over the period, focusing on the market opportunities for key players in Cloud Storage Industry.

Effective data privacy and security procedures are essential for any solution provider in the cloud storage sector due to the rising number of cyberattacks and security breaches. Due to the significant impact that DDoS and other attacks have on the accessibility of cloud resources, the majority of businesses that use public cloud storage solutions are concerned about the security and privacy of their customers' data. Companies can prevent data security breaches by researching the Service-Level Agreements (SLAs) of cloud storage vendors and learning about the general safeguards offered by providers.

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Cloud Storage Market Scope and research methodology:

34 key economies are covered in the report from all five continent, however, that does not make the report general understanding about market but deep insight in each geographical and end user segment have made this report exclusive in the market.

Bottom up approach has been applied to collect the data, analyse, validate the same and come on conclusion for each country. Secondary and primary methods have been used to collect the data. Annual reports of each key players are referred as source however; data is purchased from different sources available in market in each country. Import-export data is purchased from each country’s tax department or relevant department. Primary respondents were selected on the need basis to validate the figures and analysis done through secondary research.

Cloud Storage Segmentation:

The public segment of the cloud storage market, by deployment type, is anticipated to expand at a CAGR of 7.3% over the course of the forecast period. Cost-effectiveness, excellent dependability, the absence of maintenance requirements, and infinite scalability are some of the key factors fostering revenue growth in this market. Public clouds are managed by third-party service providers for licencing storage capacity. Simple file data repositories are offered by public cloud file services for use in collaboration, sharing, and archiving. Additionally, public cloud storage provides highly automated management with a variety of APIs (APIs).

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Cloud Storage Key Players:

Due to the limitations of giving profiles of all the players, companies for profiling sections are chosen on different parameters like market leader, local leaders, innovative companies. Profiling section of the report covers the competitive benchmarking of key players by region. Benchmarking is done on market presence, dominance pricing, penetration in end use application, market share, recent expansions, M&A.

Even though all the players in the industry are not profiled, it is taken caret that while estimating market size not a single player in scope area is missed out of consideration. “Profiles of additional companies can be provided on request”, said Sr. Research Analyst at MMR.

The major players covered in the Cloud Storage market report are

Hewlett Packard Enterprise (US)
Dell Technologies (US)
Dropbox (US)
VMware (US)
NetApp (US)
Hitachi Vantara (US)
Scality (US)
Citrix (US)
DigitalOcean (US)
Zadara (US)
Cisco Systems, Inc. (US)
Data direct Networks (US)
MongoDB, Inc. (US)
Alibaba Cloud (China)
Tencent Cloud (china)
Huawei (China)
Fujitsu (Japan)
UpCloud Ltd (Finland)
Key Questions Answered in the Cloud Storage Market Report are:

Which segment held the largest share in the Cloud Storage market in 2021?
Competitive landscape by region
Who are the market leaders, market followers, and new entrants?
Strategies of market leaders in each segments with investment
SWOT analysis of each player
Region wise market structure and dynamics that impact the industry and companies
What was the competitive scenario of the Cloud Storage market in 2021?
Which are the key factors responsible for the Cloud Storage market growth?
Which region held the maximum share in the Cloud Storage market in 2021?
About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact Us:

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Pune Bangalore Highway, Narhe,

Pune, Maharashtra 411041, India.

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Issued By MMR
Business Address pune
Country India
Categories News
Tags cloud storage market
Last Updated December 14, 2022