Cloud Storage Market - Forecasts from 2018 to 2023
Cloud Storage Market is projected to witness a compound annual growth rate of 29.73% to reach a total market size of US$92.488 billion by 2022, from US$25.171 billion in 2017. Emerging adoption of Cloud solutions across verticals such as BFSI, healthcare, and media and entertainment among others is driving the growth demand for cloud storage solutions. Other factors contributing to the growth of the market are increasing adoption of cloud storage gateways, burgeoning investments in latest Information Technology solutions and more awareness and deployment of cloud-based solutions. Though, privacy and security issues remain a challenge to the market growth, advantages offered by the cloud solutions will outweigh these concerns on account of new solutions being designed to address these challenges.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Cloud Storage solutions. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Cloud Storage Market has been segmented on the basis of Solution, service, Deployment, Organization Size, Vertical, and Geography.
Cloud Storage Gateway
By Organization Size
Small and Medium Business
Communication and Technology
Media and Entertainment
Energy and Power
Europe Middle East and Africa
The Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players are Box, Inc., Fujitsu, AT&T, Microsoft Corporation, and Google among others.
Amazon Web Services