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Cloud Storage Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5767644
The cloud storage market size has grown rapidly in recent years. It will grow from $94.27 billion in 2023 to $110.08 billion in 2024 at a compound annual growth rate (CAGR) of 16.8%. Historical growth was spurred by a significant increase in data volume, a drive for cost efficiency, the facilitation of remote access and collaboration tools, ensuring disaster recovery and business continuity measures, and the pursuit of globalization and scalability in operations.

The cloud storage market size is expected to see rapid growth in the next few years. It will grow to $221.17 billion in 2028 at a compound annual growth rate (CAGR) of 19.1%. Anticipated growth in the upcoming period is linked to the integration of edge computing, a focus on data lifecycle management, and the implementation of enhanced security measures. Major trends expected in this forecast period encompass advancements in technology, the incorporation of artificial intelligence (AI) and machine learning (ML) solutions, sustainability initiatives within storage practices, the dominance of object storage methodologies, and the utilization of storage class tiers for cost optimization strategies.

The exponential surge in data volumes stands as a pivotal factor driving the anticipated growth of the cloud storage market in the foreseeable future. Data volume denotes the size of datasets, often surpassing terabytes and petabytes, requiring analysis and processing. The increased integration of computers and digital technologies within organizations has resulted in a substantial upsurge in data generation. Consequently, there is a heightened demand for storage systems such as cloud storage, which facilitate data storage via the internet, alleviating the need for organizations to maintain physical data centers. For instance, as per a report released by the World Economic Forum, a Switzerland-based international non-governmental organization, it is projected that by the year 2025, a staggering 463 exabytes of data, equivalent to 212.77 million DVDs per day, will be generated globally each day. This exponential growth in data volumes is a driving force behind the expansion of the cloud storage market, as organizations seek scalable and efficient solutions to manage and store the burgeoning amount of data generated by digital operations.

The escalating prevalence of the Internet of Things (IoT) is anticipated to significantly drive the growth of the cloud storage market in the foreseeable future. IoT involves a network of physical devices equipped with sensors, software, and connectivity, enabling them to gather and exchange data across the Internet or other communication networks. Cloud storage serves a crucial role in IoT by providing a flexible infrastructure for storing, processing, and analyzing data, thereby supporting seamless and efficient IoT operations across various industries. For instance, a report by CompTIA, a US-based non-profit trade association, projected the global IoT market size to reach $486 billion in 2023, following a robust growth trend from its $399.41 billion size in 2022. The forecast for the period from 2023 to 2030 predicts a continued compound annual growth rate of 12.7%. Consequently, the escalating proliferation of the Internet of Things (IoT) stands as a driving force behind the growth of the cloud storage market.

Advancements in technology have become a prominent trend driving momentum within the cloud storage market. Key players in this sector are actively enhancing their capabilities by leveraging innovative technologies. This strategic focus aims to safeguard enterprise data, accommodate diverse organizational workloads, and optimize operational costs. An example of this trend occurred in September 2021 when Google, a leading US-based software company, introduced two extensions to its cloud storage capacity: Filestore Enterprise and Backup for Google Kubernetes Engine. These additions collectively streamline data security measures for organizations, providing enhanced protection across various applications and use cases right from the outset. This emphasis on technological innovation reflects a concerted effort among major players to fortify their cloud storage offerings and cater to the evolving needs of businesses in safeguarding and managing their data effectively.

Key players in the cloud storage market are actively innovating with new technologies such as Software as a Service (SaaS) to maintain their competitiveness in the industry. SaaS represents a software delivery model where the software resides on a cloud provider's servers and is accessed by users via a web browser or a lightweight client. An illustration of this occurred in May 2023 when IBM Corporation, a prominent US-based multinational technology corporation, launched the IBM Hybrid Cloud Mesh. This offering is a SaaS solution aimed at empowering enterprises to effectively manage their hybrid multicloud infrastructure. Fueled by Application-Centric Connectivity, this solution automates the management, observability, and connectivity of applications across both public and private cloud environments. The introduction of this SaaS offering reflects a strategic move by major companies to provide advanced solutions that enable enterprises to navigate and optimize their complex multicloud setups efficiently.

In May 2022, Nasuni, a cloud-based file services platform provider headquartered in the US, acquired cloud-native data migration technology from DBM Cloud Systems. The financial details of this acquisition were not disclosed. Nasuni's objective behind this acquisition is to streamline file data migration, tiering, and the movement of data across various cloud platforms. DBM Cloud Systems, a technology ally of Pure Storage based in the US, developed the AIRE product, known for its capability to replicate and migrate data at petabyte scales from object stores within AWS, Azure, GCP, and the Oracle Cloud to Pure's FlashBlade platform. Nasuni's acquisition of this technology aims to enhance its capacity to facilitate seamless and efficient data migration and management across multiple cloud environments, strengthening its position in providing comprehensive cloud-based file services.

Major companies operating in the cloud storage market report are Amazon.com Inc., Apple Inc., Alphabet Inc., Microsoft Corporation, Alibaba Group, Dell Technologies Inc., IBM Corporation, Cisco Systems Inc., Oracle Corporation, Tencent Cloud, Hewlett Packard Enterprise Company, Salesforce.com Inc., NetApp Inc., Akamai Technologies Inc., Rackspace hosting Inc., Bluehost, Dropbox Inc., Endurance International Group, Backblaze Inc., OVH Groupe SA, DigitalOcean Holdings Inc., DreamHost LLC, InMotion Hosting Inc., MEGA Cloud services Ltd., Hetzner Online GmbH, Sync.com Inc., pCloud AG, RamNode LLC, ID Cloud Services LTD., The Constant Company LLC, VMware Inc.

North America was the largest region in the cloud storage market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Cloud storage encompasses three primary types such as object storage, file storage, and block storage. Object storage, or object-based storage, manages data storage by organizing it into distinct units known as objects. These components comprise storage models and services, deployed across private, public, and hybrid cloud environments. They cater to organizations of various sizes, including large enterprises and small to medium-sized enterprises (SMEs), across industries such as banking, financial services, insurance (BFSI), IT, telecommunications, government, public sectors, manufacturing, healthcare, life sciences, retail, consumer goods, media, entertainment, and other sectors such as energy and utilities, chemicals, travel, and hospitality.

The cloud storage market research report is one of a series of new reports that provides cloud storage market statistics, including cloud storage industry global market size, regional shares, competitors with a cloud storage market share, detailed cloud storage market segments, market trends and opportunities, and any further data you may need to thrive in the cloud storage industry. This cloud storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The cloud storage market consists of revenues earned by entities by providing community cloud storage. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Cloud Storage Market Characteristics3. Cloud Storage Market Trends and Strategies
4. Cloud Storage Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Cloud Storage Market Size and Growth
5.1. Global Cloud Storage Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Cloud Storage Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Cloud Storage Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Cloud Storage Market Segmentation
6.1. Global Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Object Storage
  • File Storage
  • Block Storage
6.2. Global Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Storage Model
  • Services
6.3. Global Cloud Storage Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Private Cloud
  • Public Cloud
  • Hybrid Cloud
6.4. Global Cloud Storage Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)
6.5. Global Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • BFSI
  • IT and Telecommunication
  • Government and Public Sector
  • Manufacturing
  • Healthcare and Life Science
  • Retail and Consumer Goods
  • Media and Entertainment
  • Other Verticals (Energy & Utilities, Chemical, Travel & Hospitality)
7. Cloud Storage Market Regional and Country Analysis
7.1. Global Cloud Storage Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cloud Storage Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Cloud Storage Market
8.1. Asia-Pacific Cloud Storage Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Cloud Storage Market
9.1. China Cloud Storage Market Overview
9.2. China Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Cloud Storage Market
10.1. India Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Cloud Storage Market
11.1. Japan Cloud Storage Market Overview
11.2. Japan Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Cloud Storage Market
12.1. Australia Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Cloud Storage Market
13.1. Indonesia Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Cloud Storage Market
14.1. South Korea Cloud Storage Market Overview
14.2. South Korea Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Cloud Storage Market
15.1. Western Europe Cloud Storage Market Overview
15.2. Western Europe Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Cloud Storage Market
16.1. UK Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Cloud Storage Market
17.1. Germany Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Cloud Storage Market
18.1. France Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Cloud Storage Market
19.1. Italy Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. 2. Italy Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Cloud Storage Market
20.1. Spain Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Cloud Storage Market
21.1. Eastern Europe Cloud Storage Market Overview
21.2. Eastern Europe Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Cloud Storage Market
22.1. Russia Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Cloud Storage Market
23.1. North America Cloud Storage Market Overview
23.2. North America Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Cloud Storage Market
24.1. USA Cloud Storage Market Overview
24.2. USA Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Cloud Storage Market
25.1. Canada Cloud Storage Market Overview
25.2. Canada Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Cloud Storage Market
26.1. South America Cloud Storage Market Overview
26.2. South America Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Cloud Storage Market
27.1. Brazil Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Cloud Storage Market
28.1. Middle East Cloud Storage Market Overview
28.2. Middle East Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Cloud Storage Market
29.1. Africa Cloud Storage Market Overview
29.2. Africa Cloud Storage Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cloud Storage Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Cloud Storage Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Cloud Storage Market Competitive Landscape and Company Profiles
30.1. Cloud Storage Market Competitive Landscape
30.2. Cloud Storage Market Company Profiles
30.2.1. Amazon.com Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Apple Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Alphabet Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Microsoft Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Alibaba Group
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Cloud Storage Market Other Major and Innovative Companies
31.1. Dell Technologies Inc.
31.2. IBM Corporation
31.3. Cisco Systems Inc.
31.4. Oracle Corporation
31.5. Tencent Cloud
31.6. Hewlett Packard Enterprise Company
31.7. Salesforce.com Inc.
31.8. NetApp Inc.
31.9. Akamai Technologies Inc.
31.10. Rackspace hosting Inc.
31.11. Bluehost
31.12. Dropbox Inc.
31.13. Endurance International Group
31.14. Backblaze Inc.
31.15. OVH Groupe SA
32. Global Cloud Storage Market Competitive Benchmarking33. Global Cloud Storage Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cloud Storage Market
35. Cloud Storage Market Future Outlook and Potential Analysis
35.1 Cloud Storage Market in 2028 - Countries Offering Most New Opportunities
35.2 Cloud Storage Market in 2028 - Segments Offering Most New Opportunities
35.3 Cloud Storage Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Cloud Storage Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cloud storage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cloud storage? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Object Storage; File Storage; Block Storage
2) By Component: Storage Model; Services
3) By Mode: Private Cloud; Public Cloud; Hybrid Cloud
4) By Organization Size: Large Enterprises; Small and Medium-sized Enterprises (SMEs)
5) By Vertical: BFSI; IT and Telecommunication; Government and Public Sector; Manufacturing; Healthcare and Life Science; Retail and Consumer Goods; Media and Entertainment; Other Verticals (Energy & Utilities, Chemical, Travel & Hospitality)

Key Companies Mentioned: Amazon.com Inc.; Apple Inc.; Alphabet Inc.; Microsoft Corporation; Alibaba Group

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon.com Inc.
  • Apple Inc.
  • Alphabet Inc.
  • Microsoft Corporation
  • Alibaba Group
  • Dell Technologies Inc.
  • IBM Corporation
  • Cisco Systems Inc.
  • Oracle Corporation
  • Tencent Cloud
  • Hewlett Packard Enterprise Company
  • Salesforce.com Inc.
  • NetApp Inc.
  • Akamai Technologies Inc.
  • Rackspace hosting Inc.
  • Bluehost
  • Dropbox Inc.
  • Endurance International Group
  • Backblaze Inc.
  • OVH Groupe SA
  • DigitalOcean Holdings Inc.
  • DreamHost LLC
  • InMotion Hosting Inc.
  • MEGA Cloud services Ltd.
  • Hetzner Online GmbH
  • Sync.com Inc.
  • pCloud AG
  • RamNode LLC
  • ID Cloud Services LTD.
  • The Constant Company LLC
  • VMware Inc.

Methodology

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Table Information