Storage as a Service Industry to Grow at 29.59% CAGR to 2020


Posted August 17, 2016 by anushkarane786

The analysts forecast global storage as a service market to grow at a CAGR of 29.59% during the period 2016-2020. Complete Report available at http://www.sandlerresearch.org/global-storage-as-a-service-market-2016-2020.html.

 
Global Storage as a Service Market 2016-2020 is the latest addition to Sandlerresearch.org industry research reports collection.
Storage as a service allows data to be remotely managed, maintained, and backed. Users can store and access any data from any location. The services can be accessed through any network, typically over the Internet. Cloud-based storage reduces the capital expenditure (CAPEX) and gives an ease of access; however, enterprises need to be aware that data need to be locally backed up because recovering data from cloud is comparatively slower.
Even though there are some disadvantages to cloud storage, the majority of enterprises believe that the benefits offset the risks. Cloud-based storage provides low-cost metered storage option. The cost of on-premise storage per gigabyte per month ranges from 75 cents to $1.20 compared to cloud storage that can be as low as 4 cents/GB/month.

The analysts forecast Global Storage as a Service Market to grow at a CAGR of 29.59% during the period 2016-2020.

Covered in this Report
This report covers the present scenario and the growth prospects of the global Storage as a Service market for 2016-2020.

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Key regions
Americas
APAC
EMEA

Key vendors
AT&T
AWS
Google
HPE
IBM
Microsoft

Other prominent vendors
Arsys
CenturyLink
Cloudian
CSC
Egnyte
iomart Group
Iron Mountain
Joyent
Nasuni
NTT
Peer 1 Hosting
Quantum
Rackspace
Swisscom
Verizon Communications (Terremark)
Zetta.net

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Market driver
Need to orchestrate cloud-based storage systems
For a full, detailed list, view our report

Market challenge
Bandwidth limitations
For a full, detailed list, view our report

Market trend
Need to orchestrate cloud-based storage systems
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Issued By anushka rane
Country United States
Categories Business
Tags information technology , market research reports , storage as a service market
Last Updated August 17, 2016