Global Cloud Storage Market Overview and Forecast (2024-2030)
The Global Cloud Storage Market size was valued at US$ 78.59 Bn. in 2022 and is projected to reach US$ 241.59 Bn. by 2029, exhibiting a CAGR of 17.4% during the forecast period.
Market Overview
This comprehensive study aims to provide an overview of the Cloud Storage market, along with detailed market segmentation based on connection type, end-use, and geography. The report includes crucial insights into the market positions of the leading Cloud Storage companies, highlighting significant industry trends and future prospects.
Market Scope
The research focuses on the major industry players in the Global Cloud Storage market, offering detailed information including company profiles, product images and specifications, production capacities, pricing, costs, revenues, and contact details.
Market Drivers and Restraints
The report also addresses the key factors influencing the Cloud Storage market, including major restraints and drivers.
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Market 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
• 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 study provides a comprehensive PESTLE analysis for each of the five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. It takes into account the political, economic, social, and technological factors impacting the Cloud Storage market in these regions.
COVID-19 Impact Analysis on Cloud Storage Market
The COVID-19 pandemic has significantly altered customer behavior across all sectors. Industries must adjust their strategies to adapt to changes in market supply. This report offers an overview of COVID-19’s impact on the Cloud Storage market and will assist in aligning business strategies with new industry standards.
Key Questions Answered in the Cloud Storage Market Report:
- Which product segment held the largest market share in 2020?
- How is the competitive landscape of the Cloud Storage market evolving?
- What are the key factors driving the growth of the Cloud Storage market?
- Which region holds the maximum market share?
- What will be the CAGR of the Cloud Storage market during the forecast period (2021-2027)?
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