Cloud Storage Market For Retail Industry Size, Share, Opportunities, And Trends By Solution (Primary Storage, Backup Storage), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Services (Integration, Consulting, Others), By Enterprise Size (Large, SMB (Small And Medium-sized Business) And By Geography - Forecasts From 2019 To 2024.

114 pages
Published on : May 2019
Report Code : KSI061611560

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The Cloud storage market for retail industry was valued at US$ 2.252 billion in 2017 and is projected to expand at a CAGR of 22.70% over the forecast period to reach US$ 7.685 billion by 2023. The global retail industry is widely adopting cloud computing solutions and services. Increased smartphone users and internet penetration has led to a boom in retail online stores and apps. Moreover, retailers are offering free Wi-Fi in their brick and mortar (B&M) stores to target tech-savvy customers with in-store sales offers and coupons. Growing supermarket and retail chains worldwide is leading to the adoption of cloud computing solutions to remotely manage all globally-located stores while reducing the cost of IT manpower. Rising number of global online shoppers is also pushing retailers to transform from physical storefronts to virtual stores, which is spurring the adoption of cloud storage solutions

By Solution

By solution, the cloud storage market for retail industry is segmented as primary and backup storage. The market for backup storage is expected to witness an impressive growth as enterprises continue to drift towards cloud for backing up their critical data and IT environment to ensure business continuity.

By Deployment Model

By deployment model, the cloud storage market for retail industry is segmented as public, private and hybrid cloud. Highly competitive nature of this industry is pushing the industry players towards cost reduction while ensuring data security remains to be on the forefront of their growth strategies. As a result, the adoption of public cloud among the industry players is witnessing an increase.

By Services

By services, the cloud storage market for retail industry is segmented as integration, consulting and others. All these services are provided to the customers by the cloud storage solution provider so as to help businesses to boost their productivity in an efficient manner.

By Enterprise size

By enterprise size, the cloud storage market for retail industry is segmented as large and small and medium-sized business (SMB). Small and medium sized businesses are embracing SaaS cloud model as it helps them to cut costs and responsibilities.

By Geography

Geographically, the cloud storage market for retail industry is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. North America holds a significant share in the market owing to the small and medium sized retailers increasingly adopting cloud solutions to meet the increasing demands of the consumers.

Competitive Intelligence

The cloud storage market for retail industry is competitive owing to the increasing adoption of cloud storage solutions in the education sector .The key players include Amazon Web Services, Inc., Microsoft, IBM, Google, and Wanstor among others.


The cloud storage market for retail industry has been analyzed through following segments:

By Solution

o Primary Storage
o Backup Storage

By Deployment Model

o Public Cloud
o Private Cloud
o Hybrid Cloud

By Services

o Integration
o Consulting
o Others

By Enterprise Size

o Large
o SMB (Small and Medium-sized business)

By Geography

North America

o US
o Canada
o Mexico
o Others

South America

o Brazil
o Argentina
o Others


o UK
o Germany
o France
o Italy
o Others

Middle East and Africa

o Saudi Arabia
o Israel
o Others

Asia Pacific

o China
o India
o Japan
o Australia
o Others

 • Target audience





Government Agencies

Research Organizations


Key insights offered

What will be the cloud storage market for retail industry market size from 2018 to 2023?

How are the major drivers and restraints affecting the cloud storage market for retail industry market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behavior

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.