Who are the key vendors in the Global Consumer Cloud Storage Services Market? [240 Pages Report] The global cloud storage market size is projected to grow from USD 50.1 billion in 2020 to USD 137.3 billion by 2025, at a Compound Annual Growth Rate … The Best Cloud Storage and File-Sharing Services for 2020. In July 2019 - IBM announced major upgrades to its IBM Spectrum Discover unified metadata management, Cloud Object Storage, Spectrum Plus data protection and VersaStack converged infrastructure platform with an eye on the cloud and modern workloads. Global Storage as a Service (STaaS) market expected to surge at a whopping CAGR of 16.4% between 2020 and 2030 Demand for STaaS will see an explosion as a third of companies’ IT budget is for cloud services Storage as a Service to be the backbone of companies as cloud computing becomes mainstream with 90% business opting for better solutions AWS was the first cloud computing and offering infrastructure as a service in 2008 and has never looked back as it launches new services at a breakneck pace and is creating its own compute stack that aims to be more efficient and pass those savings along. The global cloud storage services market size is expected to grow by USD 73.21 billion during 2020-2024, according to Technavio. One of the highest-growth secular tech trends of the 2020s will be cloud computing. The Global Cloud Storage Market is Segmented by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. Complete Market Research, Market Analysis, CAGR, Trends, Major Players, Market Share, Market Size. Also, the increasing initiatives from the government or related regulatory bodies pertaining to the storage of large volumes data are propelling the institutions to opt for cloud storage. What will be the market size and growth rate in the forecast year? MARKET OPPORTUNITIES AND FUTURE TRENDS. The cloud data storage services are paid on a per-consumption, and monthly rate. Cloud storage enables the user to store the data on the Internet through a cloud computing provider that manages and operates data storage as a service. This also is expected to boost the adoption of the cloud storage over the forecast period. Global Consumer Cloud Storage Services Market Size, Share, Growth Survey 2020 to 2026 and Industry Analysis Report By Market Study Report Date: 2020-08-06 Product ID: 2831496 In the latest Consumer Cloud Storage Services market report, numerous aspects pivotal to the industry augmentation in the recent past as well as the key global developments are analyzed to help businesses stay ahead … If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS… The top cloud providers for 2019 have maintained their positions, but the themes, strategies, and approaches to the market are all in flux. Cloud Storage Market Size, Share - Growth, Trends, and Forecast (2020 ... Increasing demand for low-cost data backup, storage, and protection across all enterprises, coupled with the necessity to handle data generated by augmented usage of mobile technologies, favors the rate of adoption of cloud storage. This report covers COVID-19 impact analysis on Cloud Storage Market This has resulted in a massive surge in the generation of data which is propelling such institutions to have cloud storage in place. This is expected to boost the adoption of cloud storage throughout the forecast period. This report segments the market by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. Additionally, the impact of the COVID-19 pandemic at the global and regional level has been outlined in the report. It offers the regional analysis of Global Consumer Cloud Storage Services Market along with the business profiles of several stakeholders. This in itself is indicative of the fact that such an increase would require solutions like cloud storage to handle the surge thereby boosting the growth of the cloud storage over the forecast period. To understand geography trends, Download Sample Report. © 2020 aeresearch.net. What are the key factors driving the Global Consumer Cloud Storage Services Market? 4.2 Introduction to Market Drivers and Restraints, 4.3.1 Increase in Cloud Adoption Across Organizations, 4.3.2 Increase in Demand for Hybrid Cloud, 4.3.3 Growing Demand for Low-cost Storage and Faster Data Accessibility, 4.4.1 Privacy and Security Concerns regarding Cloud Storage, 4.5 Industry Attractiveness - Porter's Five Force Analysis, 4.5.2 Bargaining Power of Buyers/Consumers, 8. Also, the hybrid cloud deployment is occupying a continuously increasing share in the cloud market. It offers an analysis of changing competitive scenario. Some of the prominent players in the region through research and development have been able to further the technology. Cloud Storage Market Size, Share - Growth, Trends, and Forecast (2020 - 2025) The Global Cloud Storage Market is Segmented by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. This statistic shows the market share of the leading cloud infrastructure service providers from 2017 to 2020. The global cloud storage market size stood at USD 49.13 billion in 2019 and is projected to reach USD 297.54 billion by 2027, exhibiting a CAGR of 25.3% during the forecast period. Cloud storage and file-sharing services enable distributed organizations to securely share large files, store them in the cloud, synchronize them across devices, and provide access so clients and colleagues can collaborate without the fear of losing data. The public cloud deployment model held over 50% of the Europe cloud computing market share in 2018 as this deployment model supports resource sharing by multiple enterprises to … Their ability to continually innovate their offerings has allowed them to gain a competitive advantage over others. Moreover, it suggests strategies to tackle the challenges and threats plaguing the business sphere. The increasing volume of data being uploaded on the servers of the enterprises has resulted in the need for high-end security, SSL, well-defined sharing, along with cost-effective options within the organization.For instance, on an average of approximately 60 million photos are uploaded daily by Instagram users, globally, and is rapidly increasing, owing to the company’s new policy associated with multiple uploads. As worldwide server revenue reached $24 billion in the second quarter of 2020 amid the COVID-19 pandemic, Hewlett Packard Enterprise and Dell Technologies are neck and neck in market-share … In the United States IT sector, it was estimated that in the past three years, BYOD adoption witnessed an increase of 44.42%. Through strategic partnerships, research and developments, and mergers & acquisition these players have been able to gain a greater footprint in the market. Details regarding consumption value and volume of each applications. For instance, in February 2018, Google opened its first  Google Cloud Platform (GCP) region in Canada, with reduced prices for Google Cloud Storage infrequent access and cold storage classes, as well as its Nearline Storage features, for users in the region. In the latest Consumer Cloud Storage Services market report, numerous aspects pivotal to the industry augmentation in the recent past as well as the key global developments are analyzed to help businesses stay ahead of the curve. Based on the service type, the cloud infrastructure services market is segmented into computing as a service, storage as a service, disaster as a service, networking as a service, desktop as a service and managed hosting. Regional segmentation: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia. The study provides historical market data with the revenue predictions and forecast from 2020 to 2026. In 2018, the global Consumer Cloud Storage Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. Insights pertaining to manufacturing plants of the manufacturers and their base-of-operations across the various geographies. This report focuses on the global Consumer Cloud Storage Services status, future forecast, growth opportunity, key market and key players. Projected growth rate of the industry over the analysis timeline, backed with a comparative study of the historical data and current market scenario is included. is a hub for market intelligence products and services. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Request Sample Copy of this Report @ https://www.aeresearch.net/request-sample/265966. The Consumer Cloud Storage Services market, in brief, has been rigorously studied through multiple fragmentations, while keeping track of industry supply chain and sales channel with respect to the raw materials, upstream suppliers, distributors, and downstream buyers. Ability to continually innovate their offerings has allowed them to gain a advantage! 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