On-Premises (on-Prem) Object Storage Software Market Report 2026

The on‑premises (on-prem) object storage software market size has grown rapidly in recent years. It will grow from $7.77 billion in 2025 to $8.74 billion in 2026 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to growth in unstructured data volumes, increasing enterprise data protection requirements, rising need for cost-effective scalable storage, expansion of digital content and media files, regulatory requirements for data retention and compliance.

The on‑premises (on-prem) object storage software market size is expected to see rapid growth in the next few years. It will grow to $14.14 billion in 2030 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to rising adoption of hybrid cloud architectures, increasing demand for ransomware-proof backup systems, growing use of analytics on stored unstructured data, need for sovereign data storage and localization, expansion of ai-driven data management tools. Major trends in the forecast period include growing demand for s3-compatible object storage platforms, increasing adoption of data replication and ransomware-resilient architectures, rising need for unified data management across hybrid environments, expansion of long-term archival and compliance-driven storage, integration of high-performance object storage for big data and media workloads.

The growing demand for scalable storage capacity is anticipated to strengthen the expansion of the on-premises (on-prem) object storage software market going forward. Scalable storage capacity refers to the ability of storage systems to expand or contract data storage resources as volumes change without disrupting operations. Demand for scalable storage capacity is rising due to rapid growth of unstructured data generated by digital services, analytics platforms, and content applications. Scalable storage capacity allows organizations to expand on-premises storage infrastructure efficiently while maintaining performance and cost control. For example, in December 2025, according to Eurostat, adoption of paid cloud services among EU enterprises rose from 45.2% in 2023 to 52.74% in 2025, with file storage representing a major usage category. Therefore, the growing demand for scalable storage capacity is contributing to the expansion of the on-premises object storage software market.

Leading companies in the on-premises object storage software market are advancing software-defined storage platforms to improve scalability, flexibility, and cost-effective data management. Software-defined storage separates storage software from hardware, allowing deployment on commodity servers while supporting unified object, block, and file storage services. For example, in January 2023, Red Hat Inc. launched an updated release of Red Hat Ceph Storage, delivering a highly scalable software-defined storage solution that supports object, block, and file services while improving durability, performance, and cost efficiency for enterprise on-premises environments.

In January 2023, DataCore Software Corporation, a US-based software-defined storage provider, acquired Object Matrix for an undisclosed amount. Through this acquisition, DataCore expanded its on-premises object storage portfolio and entered edge and media markets by integrating Object Matrix’s MatrixStore technology into its Perifery edge storage solutions. Object Matrix Limited is a UK-based company specializing in object storage software and media archiving solutions.

Major companies operating in the on‑premises (on-prem) object storage software market are Dell Technologies Inc., International Business Machines Corporation (IBM), Hewlett Packard Enterprise Company, Fujitsu Limited, NEC Corporation, NetApp Inc., Pure Storage Inc., Hitachi Vantara Corporation, Nutanix Inc., Quantum Corporation, DataDirect Networks Inc. (DDN), VAST Data Inc., DataCore Software Corporation, Cloudian Inc., Zadara Inc., Scality S.A., MinIO Inc., Versity Software Inc., PoINT Software & Systems GmbH, and Ceph.io.

Tariffs on storage hardware components, semiconductor parts, and server equipment have increased deployment costs for on-premises object storage software solutions, particularly impacting regions dependent on imported infrastructure such as Asia-Pacific and Europe. These tariffs disrupt supply chains for storage servers and networking equipment, affecting segments like large enterprises and data-intensive applications including BFSI and healthcare. However, the tariff pressure is encouraging organizations to invest in locally manufactured infrastructure and optimize software-defined storage deployments. This shift is also accelerating innovation in cost-efficient storage orchestration and domestic production strategies within the market.

On-premises object storage software is a system that allows organizations to store and manage large volumes of unstructured data on local servers. It provides scalable and durable storage with features such as data replication, versioning, and access control. The software enables efficient retrieval and protection of digital assets while maintaining full control over the storage environment.

The primary components of on-premises object storage software include software and services. Software refers to object-based storage platforms deployed within on-premises or private data centers to store, manage, and protect unstructured data with scalability and durability. These solutions are deployed through private cloud, hybrid cloud, and traditional on-premises environments. They are designed for organizations of different sizes, including small and medium enterprises and large enterprises, and are used across applications such as data backup and recovery, archiving, big data analytics, media and entertainment, healthcare, banking, financial services and insurance (BFSI), information technology and telecommunications, government, and other applications.

The on-premises object storage software market consists of revenues earned by entities by providing services, such as data protection services, access and security services, data access interfaces, application services, and operations and administration. The market value includes the value of related goods sold by the service provider or included within the service offering. The on-premises object storage software market also includes sales of object storage software, storage management software, backup software, replication software, data protection software, and archival software. 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.

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

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