Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional cost benefits to the enterprises, as it doesn’t require any on-premise storage and hardware components. In the recent years, cloud storage adoption has reached newer heights, owing to growth in need for advanced data storage, large resource scalability, and data mobility across various industry verticals such as banking, government, manufacturing, telecommunication & IT, retail, healthcare, and many others. The cloud storage solution is delivered through multiple deployment modes such as private, public, and hybrid models.
The global cloud storage market is expected to witness high growth rate during the forecast period, owing to the rise in ICT spending by governments in several developed as well as developing regions including North America, Europe, and Asia-Pacific. In addition, rise in concerns over data loss and recovery has given rise to the cloud storage industry among several user types including large and small and medium enterprises. In the coming years, small and medium enterprises are expected to adopt cloud storage technology at a rapid pace due to low cost of deployment, easy accessibility, flexible payment model, and growth in demand for data backup and disaster recovery services. However, data privacy apprehension in public cloud deployment is one of the key factors obstructing the cloud storage market growth.
The global cloud storage market is segmented based on component type, deployment mode, user type, industry vertical, and geography. Based on component type, the market is categorized into software and services. Considering deployment mode, the market is divided into private, public, and hybrid models. User type covered in the study includes large enterprise and small & medium enterprise. On the basis of industry vertical, the market is divided into BFSI, government and education, healthcare, telecommunication & IT, retail, manufacturing, media & entertainment, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the cloud storage market include Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise Development LP, Google, Inc., VMware, Inc., Oracle Corporation, EMC Corporation, Rackspace Hosting, Inc., Red Hat, Inc., and others. These players have adopted strategies such as geographical expansion, mergers & acquisitions, product portfolio expansion, and collaborations to enhance their product penetration in the global cloud storage market.
Cloud Storage Market Key Segments:
By Deployment Mode
By User Type
By User Type
Key players profiled in the report
Other Market Players Mentioned in the Report
The report provides a comprehensive analysis of the Glycomics/Glycobiology industry market by types, applications, players and regions. This report also displays the 2013-2023 production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Glycomics/Glycobiology industry in USA, EU, China, India, Japan and other regions Market ...
March 2018 | $3000 |View Details>>
Space tourism is space travel for recreational, leisure or business purposes. To date only orbital space tourism has taken place provided by the Russian Space Agency, although work continues developing sub-orbital space tourism vehicles by Blue Origin and Virgin Galactic. In addition, SpaceX announced in 2017 that they are planning ...
March 2018 | $3480 |View Details>>
A virtual private network (VPN) extends a private network across a public network, and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network. ("In the simplest terms, it creates a secure, encrypted connection, which can ...
March 2018 | $3480 |View Details>>
"This report studies the education software market. Educational software is computer software, the primary purpose of which is teaching or self-learning. The use of computer hardware and software in education and training dates to the early 1940s, when American researchers developed flight simulators which used analog computers to generate simulated onboard ...
March 2018 | $4480 |View Details>>
UPCOMING MARKET RESEARCH REPORTS
2018 © Copyright Big Market Research