Market Research Report
Cloud Storage Market by Component Type, Deployment Mode, User Type and Industry Vertical - Global Opportunity and Forecast, 2014-2022
|Published by||Allied Market Research||Product code||676919|
|Published||Content info||182 Pages
Delivery time: 2-3 business days
|Cloud Storage Market by Component Type, Deployment Mode, User Type and Industry Vertical - Global Opportunity and Forecast, 2014-2022|
|Published: April 1, 2017||Content info: 182 Pages||
Cloud Storage Market by Component Type (Software and Services), Deployment Mode (Private, Public and Hybrid), User Type (Large, Medium and Small Enterprises) and Industry Vertical (BFSI, Government & Education, Healthcare, Telecom & IT, Retail, Manufacturing and Media & Entertainment) - Global Opportunity and Forecast, 2014-2022.
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional cost benefits to the enterprises, as it doesn't require any on-premise storage and hardware components. In the recent years, cloud storage adoption has reached newer heights, owing to growth in need for advanced data storage, large resource scalability, and data mobility across various industry verticals such as banking, government, manufacturing, telecommunication & IT, retail, healthcare, and many others. The cloud storage solution is delivered through multiple deployment modes such as private, public, and hybrid models.
The global cloud storage market is expected to witness high growth rate during the forecast period, owing to the rise in ICT spending by governments in several developed as well as developing regions including North America, Europe, and Asia-Pacific. In addition, rise in concerns over data loss and recovery has given rise to the cloud storage industry among several user types including large and small and medium enterprises. In the coming years, small and medium enterprises are expected to adopt cloud storage technology at a rapid pace due to low cost of deployment, easy accessibility, flexible payment model, and growth in demand for data backup and disaster recovery services. However, data privacy apprehension in public cloud deployment is one of the key factors obstructing the cloud storage market growth.
The global cloud storage market is segmented based on component type, deployment mode, user type, industry vertical, and geography. Based on component type, the market is categorized into software and services. Considering deployment mode, the market is divided into private, public, and hybrid models. User type covered in the study includes large enterprise and small & medium enterprise. On the basis of industry vertical, the market is divided into BFSI, government and education, healthcare, telecommunication & IT, retail, manufacturing, media & entertainment, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the cloud storage market include Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise Development LP, Google, Inc., Vmware, Inc., Oracle Corporation, EMC Corporation, Rackspace Hosting, Inc., Red Hat, Inc., and others. These players have adopted strategies such as geographical expansion, mergers & acquisitions, product portfolio expansion, and collaborations to enhance their product penetration in the global cloud storage market.
Cloud Storage Market Key Segments:
By Deployment Mode
By User Type
By User Type