Global Cloud Storage Market size was US$ 78.59 Bn. in 2022 and is expected to reach US$ 241.59 Bn.by 2029, at a CAGR of 17.4 % during the forecast period.
Cloud Storage Market Overview:
The current condition of terminologies, segments, functions, and industry value chain structure was examined in the Cloud Storage Market Research Report. The report offers unbiased expert commentary on the current market situation, previous financial position, consumption patterns rates, demand and supply ratios, and revenue generation estimates for the forecasted time. The Cloud Storage market report also includes information on the strategic aspirations and company growth plans of the major organizations in the Cloud Storage sector. Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Cloud Storage market on both the global and regional levels.
Market Scope:
Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Cloud Storage market on both the global and regional levels.
Drivers:
Major restraints and drivers that affect the Cloud Storage market have also been covered in the Cloud Storage market report.
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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
Key Players:
The major players covered in the Cloud Storage market report are
• Amazon Web Services, Inc (US)
• Google (US)
• Microsoft (US)
• IBM (US)
• Wasabi (US)
• Oracle (US)
• Rackspace Technology (US)
• 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)
• pCloud (Switzerland)
• Degoo (Sweden)
• Rohde & Schwarz (Germany)
• Mecalux, S.A. (Spain)
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Regional Analysis:
The region portion of the research also provides key market impacting components and changes in market regulatory oversight that have an impact on the market’s current and future trends. New deals, substitute sales, national demography, regulatory actions, and import-export taxes are some of the major variables used to forecast the market situation for different areas.
COVID-19 Impact Analysis on Cloud Storage Market:
The COVID-19 outbreak has had a significant impact on the global Cloud Storage industry. Due to the worldwide slump and a lack of employees, Cloud Storage manufacturing plants have been halted. The COVID-19 epidemic has caused a significant and long-term drop in production utilization, while travel prohibitions and facility closures have kept personnel away from their workplaces, causing the Cloud Storage market to slow down in 2020.
Key Questions Answered in the Cloud Storage Market Report are:
Which segment had the largest share in the Cloud Storage market?
How was the competitive scenario of the Cloud Storage market in 2020?
Which are the key factors responsible for the Cloud Storage market growth?
Which region held the maximum share in the Cloud Storage market in 2020?
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