+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Cloud-based Storage - Global Market Trajectory & Analytics

  • ID: 2769228
  • Report
  • May 2020
  • Region: Global
  • 227 Pages
  • Global Industry Analysts, Inc
1 of 2
Amid the COVID-19 crisis and the looming economic recession, the Cloud-based Storage market worldwide will grow by a projected US$101.4 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 19.2%. Basic Services, one of the segments analyzed and sized in this study, is forecast to grow at over 21.7% and reach a market size of US$106.7 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Basic Services market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 16.7% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$4 Billion to the region's size over the next 7 to 8 years. In addition, over US$3.5 Billion worth of projected demand in the region will come from Rest of the European markets. In Japan, the Basic Services segment will reach a market size of US$3.9 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Cloud-based Storage market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 27.1% over the next couple of years and add approximately US$18.7 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Cloud-based Storage market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

ADrive LLC, Amazon Web Services, Inc, Apple Inc, Arcserve, AT&T, Inc, Axcient, Inc, Barracuda Networks, Inc, Box Inc, Carbonite, Inc, Dell EMC, DigitalOcean, LLC, Dropbox, Inc, EGNYTE, Inc, Google, Inc, Hitachi Vantara Corporation, IBM Corp, Microsoft Corp, Nasuni Corporation, Oracle Corporation, OVH Group, pCloud AG, SugarSync, Inc, Vembu Technologies Pvt. Ltd, Virtustream

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 2
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Cloud Storage: The Backbone of Business Agility, Continuity & Disaster Recovery in the Digital Era
Recent Market Activity
With Mobility at the Core of Both, BYOD & Cloud Storage Go Hand in Hand
“Bring Your Own Cloud” Marks the Acceptance of Personal Storage Clouds in the Enterprise Sector
Enterprises Go the Hybrid Cloud Storage Way
Comprehensive SLAs Infuse Confidence in Public Cloud Storage Services
Consumer Cloud Storage to Play a Pivotal Role in Handling the Onslaught of Data Generated by Consumer IoT (CIoT)
Cloud Storage Morphs Into Cloud DVR in the Consumer Entertainment Space
MNOs Leverage Cloud Storage to Supplement Falling ARPUs & in the Process Help Familiarize the Technology in the Consumer Market
Market Outlook
Cloud-based Storage Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Global Competitor Market Shares
Cloud-based Storage Competitor Market Share Scenario Worldwide (in %): 2020 & 2025
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
ADrive LLC (USA)
Amazon Web Services, Inc. (USA)
Apple, Inc. (USA)
Arcserve (USA)
AT&T Inc (USA)
Axcient, Inc. (USA)
Barracuda Networks, Inc. (USA)
Box Inc. (USA)
Carbonite, Inc. (USA)
Dell EMC (USA)
DigitalOcean, LLC (USA)
Dropbox, Inc. (USA)
EGNYTE, INC. (USA)
Google, Inc. (USA)
Hitachi Vantara Corporation (USA)
Internap Network Services Corporation (USA)
International Business Machines Corporation (USA)
Microsoft Corporation (USA)
Nasuni Corporation (USA)
Oracle Corporation (USA)
OVH Group (France)
pCloud AG (Switzerland)
Rackspace Hosting, Inc. (USA)
SugarSync, Inc. (USA)
Vembu Technologies Pvt. Ltd. (India)
Virtustream (USA)

3. MARKET TRENDS & DRIVERS
Factors Why Cloud Storage is a Big Part of the Modern Enterprise
Focus on Green IT Drives Interest in Green Cloud Storage
Forecasted Growth in Data Creation & a Parallel Increase in Storage IT Spending to Spur Adoption of Cloud Storage Services
Big Data Amplifies Opportunities for Growth of Enterprise Grade Cloud Data Storage
Effective Disaster Recovery Capabilities Bring in New Opportunities for Growth of Cloud Storage
SMBs: A Major Customer Cluster for Storage-as-a-Service
Growing Awareness Over the Importance of SaaS Data Backup to Spur Demand for Cloud Storage Services
Government Regulations & Mandatory Policies Drive Growth of Cloud Storage Archiving
Rise of Cloud Insurance Mitigates the Risks of Cloud Storage
Consumer Cloud Storage Emerges Into the Standard Data Storage Technology for the Rapidly Digitalizing Smartphone Friendly Internet Population
Phasing Out of SD Card Support in Smartphones to Fuel Demand for Consumer Cloud Storage
Challenges & Threats to Cloud Based Storage Model
Perceived Loss of Control
Data Privacy & Security Concerns
Issues with Service Availability-Reliability & Cloud Assurance
Service Consistency Issues
Data Access & Interoperability Issues
Legal Jurisdiction Issues
BYOD Trend Exposes the Vulnerabilities of Cloud Based Storage Services Model
Man-in-the-Middle Attacks
Distributed-Denial-of-Service-Attacks (DDOS)
Faults in the System as Well as Apps Supporting the Cloud Based Storage System
Internet Connectivity Limitations

4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Cloud-based Storage Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Cloud-based Storage Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Cloud-based Storage Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Basic Services (Service Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Basic Services (Service Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Basic Services (Service Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Advanced Services (Service Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Advanced Services (Service Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Advanced Services (Service Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Cloud-based Storage Market Share (in %) by Company: 2020 & 2025
Market Analytics
TABLE 10: United States Cloud-based Storage Market Estimates and Projections in US$ Million by Service Type: 2020 to 2027
TABLE 11: Cloud-based Storage Market in the United States by Service Type: A Historic Review in US$ Million for 2012-2019
TABLE 12: United States Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
CANADA
TABLE 13: Canadian Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020 to 2027
TABLE 14: Canadian Cloud-based Storage Historic Market Review by Service Type in US$ Million: 2012-2019
TABLE 15: Cloud-based Storage Market in Canada: Percentage Share Breakdown of Sales by Service Type for 2012, 2020, and 2027
JAPAN
TABLE 16: Japanese Market for Cloud-based Storage: Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2020-2027
TABLE 17: Cloud-based Storage Market in Japan: Historic Sales Analysis in US$ Million by Service Type for the Period 2012-2019
TABLE 18: Japanese Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
CHINA
TABLE 19: Chinese Cloud-based Storage Market Growth Prospects in US$ Million by Service Type for the Period 2020-2027
TABLE 20: Cloud-based Storage Historic Market Analysis in China in US$ Million by Service Type: 2012-2019
TABLE 21: Chinese Cloud-based Storage Market by Service Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Cloud-based Storage Market: Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
TABLE 22: European Cloud-based Storage Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 23: Cloud-based Storage Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 24: European Cloud-based Storage Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 25: European Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020-2027
TABLE 26: Cloud-based Storage Market in Europe in US$ Million by Service Type: A Historic Review for the Period 2012-2019
TABLE 27: European Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
FRANCE
TABLE 28: Cloud-based Storage Market in France by Service Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 29: French Cloud-based Storage Historic Market Scenario in US$ Million by Service Type: 2012-2019
TABLE 30: French Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
GERMANY
TABLE 31: Cloud-based Storage Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2020-2027
TABLE 32: German Cloud-based Storage Historic Market Analysis in US$ Million by Service Type: 2012-2019
TABLE 33: German Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
ITALY
TABLE 34: Italian Cloud-based Storage Market Growth Prospects in US$ Million by Service Type for the Period 2020-2027
TABLE 35: Cloud-based Storage Historic Market Analysis in Italy in US$ Million by Service Type: 2012-2019
TABLE 36: Italian Cloud-based Storage Market by Service Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
TABLE 37: United Kingdom Market for Cloud-based Storage: Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2020-2027
TABLE 38: Cloud-based Storage Market in the United Kingdom: Historic Sales Analysis in US$ Million by Service Type for the Period 2012-2019
TABLE 39: United Kingdom Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
SPAIN
TABLE 40: Spanish Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020 to 2027
TABLE 41: Spanish Cloud-based Storage Historic Market Review by Service Type in US$ Million: 2012-2019
TABLE 42: Cloud-based Storage Market in Spain: Percentage Share Breakdown of Sales by Service Type for 2012, 2020, and 2027
RUSSIA
TABLE 43: Russian Cloud-based Storage Market Estimates and Projections in US$ Million by Service Type: 2020 to 2027
TABLE 44: Cloud-based Storage Market in Russia by Service Type: A Historic Review in US$ Million for 2012-2019
TABLE 45: Russian Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 46: Rest of Europe Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020-2027
TABLE 47: Cloud-based Storage Market in Rest of Europe in US$ Million by Service Type: A Historic Review for the Period 2012-2019
TABLE 48: Rest of Europe Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 49: Asia-Pacific Cloud-based Storage Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 50: Cloud-based Storage Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 51: Asia-Pacific Cloud-based Storage Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 52: Cloud-based Storage Market in Asia-Pacific by Service Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 53: Asia-Pacific Cloud-based Storage Historic Market Scenario in US$ Million by Service Type: 2012-2019
TABLE 54: Asia-Pacific Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
AUSTRALIA
TABLE 55: Cloud-based Storage Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2020-2027
TABLE 56: Australian Cloud-based Storage Historic Market Analysis in US$ Million by Service Type: 2012-2019
TABLE 57: Australian Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
INDIA
TABLE 58: Indian Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020 to 2027
TABLE 59: Indian Cloud-based Storage Historic Market Review by Service Type in US$ Million: 2012-2019
TABLE 60: Cloud-based Storage Market in India: Percentage Share Breakdown of Sales by Service Type for 2012, 2020, and 2027
SOUTH KOREA
TABLE 61: Cloud-based Storage Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2020-2027
TABLE 62: South Korean Cloud-based Storage Historic Market Analysis in US$ Million by Service Type: 2012-2019
TABLE 63: Cloud-based Storage Market Share Distribution in South Korea by Service Type: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 64: Rest of Asia-Pacific Market for Cloud-based Storage: Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2020-2027
TABLE 65: Cloud-based Storage Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Service Type for the Period 2012-2019
TABLE 66: Rest of Asia-Pacific Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
LATIN AMERICA
TABLE 67: Latin American Cloud-based Storage Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 68: Cloud-based Storage Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 69: Latin American Cloud-based Storage Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 70: Latin American Cloud-based Storage Market Growth Prospects in US$ Million by Service Type for the Period 2020-2027
TABLE 71: Cloud-based Storage Historic Market Analysis in Latin America in US$ Million by Service Type: 2012-2019
TABLE 72: Latin American Cloud-based Storage Market by Service Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
ARGENTINA
TABLE 73: Argentinean Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020-2027
TABLE 74: Cloud-based Storage Market in Argentina in US$ Million by Service Type: A Historic Review for the Period 2012-2019
TABLE 75: Argentinean Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
BRAZIL
TABLE 76: Cloud-based Storage Market in Brazil by Service Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 77: Brazilian Cloud-based Storage Historic Market Scenario in US$ Million by Service Type: 2012-2019
TABLE 78: Brazilian Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
MEXICO
TABLE 79: Cloud-based Storage Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2020-2027
TABLE 80: Mexican Cloud-based Storage Historic Market Analysis in US$ Million by Service Type: 2012-2019
TABLE 81: Mexican Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
TABLE 82: Rest of Latin America Cloud-based Storage Market Estimates and Projections in US$ Million by Service Type: 2020 to 2027
TABLE 83: Cloud-based Storage Market in Rest of Latin America by Service Type: A Historic Review in US$ Million for 2012-2019
TABLE 84: Rest of Latin America Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
MIDDLE EAST
TABLE 85: The Middle East Cloud-based Storage Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 86: Cloud-based Storage Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 87: The Middle East Cloud-based Storage Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 88: The Middle East Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020 to 2027
TABLE 89: The Middle East Cloud-based Storage Historic Market by Service Type in US$ Million: 2012-2019
TABLE 90: Cloud-based Storage Market in the Middle East: Percentage Share Breakdown of Sales by Service Type for 2012,2020, and 2027
IRAN
TABLE 91: Iranian Market for Cloud-based Storage: Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2020-2027
TABLE 92: Cloud-based Storage Market in Iran: Historic Sales Analysis in US$ Million by Service Type for the Period 2012-2019
TABLE 93: Iranian Cloud-based Storage Market Share Analysis by Service Type: 2012 VS 2020 VS 2027
ISRAEL
TABLE 94: Israeli Cloud-based Storage Market Estimates and Forecasts in US$ Million by Service Type: 2020-2027
TABLE 95: Cloud-based Storage Market in Israel in US$ Million by Service Type: A Historic Review for the Period 2012-2019
TABLE 96: Israeli Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
SAUDI ARABIA
TABLE 97: Saudi Arabian Cloud-based Storage Market Growth Prospects in US$ Million by Service Type for the Period 2020-2027
TABLE 98: Cloud-based Storage Historic Market Analysis in Saudi Arabia in US$ Million by Service Type: 2012-2019
TABLE 99: Saudi Arabian Cloud-based Storage Market by Service Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
TABLE 100: Cloud-based Storage Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2020-2027
TABLE 101: United Arab Emirates Cloud-based Storage Historic Market Analysis in US$ Million by Service Type: 2012-2019
TABLE 102: Cloud-based Storage Market Share Distribution in United Arab Emirates by Service Type: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
TABLE 103: Cloud-based Storage Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2020-2027
TABLE 104: Rest of Middle East Cloud-based Storage Historic Market Analysis in US$ Million by Service Type: 2012-2019
TABLE 105: Rest of Middle East Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027
AFRICA
TABLE 106: African Cloud-based Storage Market Estimates and Projections in US$ Million by Service Type: 2020 to 2027
TABLE 107: Cloud-based Storage Market in Africa by Service Type: A Historic Review in US$ Million for 2012-2019
TABLE 108: African Cloud-based Storage Market Share Breakdown by Service Type: 2012 VS 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 89
Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll