Global Cloud Storage Market Projected to Exhibit a Double-Digit CAGR during 2019-2022


Posted January 16, 2019 by amarsasane

“Cloud Storage Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2019-2022).

 
Global Cloud Storage Market overview:

With the slowdown in world economic growth, the Cloud Storage industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Cloud Storage Market size to maintain the average annual growth rate of 24.67% from 16000 million $ in 2014 to 31000 million $ in 2017, Market analysts believe that in the next few years, Cloud Storage Market size will be further expanded, we expect that by 2022, The market size of the Cloud Storage will reach 88910 million $.

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The major factor the responsible for this growth include the increased applications of Cloud Computing the data loss augmenting the demand for Cloud Storage Solutions the emergence of Cloud Storage Gateways, decentralized workforce and an increased internet penetration in the global Cloud Storage Market.

The Global Cloud Storage Market is segmented on the basis of Types, Deployment Models, Verticals and Regions. On the Basis of Types Segment, Market Can Sub segmented into Service, Training and consulting services assist in educating enterprises about strategic transformations, business assessments, solution assessments, Return on Investments and knowledge workshops. Consulting services help enterprises make the right and informed decisions to gain their desired outcomes. On the other hand, training services aim at providing education programs to mitigate the knowledge gaps. Several companies actively provide online training to their end-users with the help of User Manuals, Blogs, Video Instructions and help forums.

Based on Verticals segment, the Banking, Financial Services, and Insurance (BFSI) vertical offers significant opportunities for the growth of the Cloud Storage Market, due to the generation of large data volumes, which creates the need for highly secured data storage. The BFSI vertical is concerned about data security and privacy issues. This vertical can access better security features through the security tools that accompany the cloud storage solutions and services.

As per regional analysis, North America is estimated to hold the largest market size in 2019, while Asia Pacific is projected to be the fastest-growing region during the forecast period. North America is a matured market in terms of cloud adoption, due to various factors, such as standards, Regulations, advanced Information Technology (IT) Infrastructure, presence of a large number of enterprises, and the availability of proficient technical expertise.

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Major Key Players:

1 Aws

2 Ibm

3 Microsoft

4 Google

5 Oracle

6 Vmware

7 Rackspace

8 Hpe

9 Dell Emc

10 Dropbox

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Cloud Storage Market Report 2019

1 Cloud Storage Definition

2 Global Cloud Storage Market Major Player Share and Market Overview

3 Major Player Cloud Storage Business Introduction

4 Global Cloud Storage Market Segmentation (Region Level)

5 Global Cloud Storage Market Segmentation (Product Type Level)

6 Global Cloud Storage Market Segmentation (Industry Level)

7 Global Cloud Storage Market Segmentation (Channel Level)

8 Cloud Storage Market Forecast 2019-2022

9 Cloud Storage Segmentation Type

10 Cloud Storage Segmentation Industry

11 Cloud Storage Cost Analysis

12 Conclusion

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Last Updated January 16, 2019