Global Cloud Storage Market Analysis and Forecast (2024-2030)

Market Overview:

In 2023, the Global Cloud Storage Market size was valued at US$ 92.26 Bn. and is projected to reach US$ 283.60 Bn. by 2030, growing at a CAGR of 17.4% during the forecast period.

This market study aims to provide a comprehensive overview of the Cloud Storage market, including detailed market segmentation based on connection type, end-use, and geography. The report contains crucial information regarding the market positions of major Cloud Storage companies, alongside notable industry trends and prospects.

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Market Scope:

The research highlights key industry players in the Global Cloud Storage market, providing details such as company profiles, product images and specifications, capacity, production, pricing, costs, revenues, and contact information.

Drivers:

The report covers significant restraints and drivers impacting the Cloud Storage market.

Segmentation:

by Component

Solutions
Services

by Application

Primary Storage
Backup and Disaster Recovery
Archiving

by Deployment Type

Public
Private
Hybrid

by Vertical

BFSI
IT and ITeS
Telecommunications
Healthcare and Life Sciences
Media and Entertainment
Consumer Goods and Retail
Manufacturing
Government and Public Sector
Energy and Utilities
Others

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Key Players: 

1. Amazon Web Services, Inc (US)
2. Google (US)
3. Microsoft (US)
4. IBM (US)
5. Wasabi (US)
6. Oracle (US)
7. Rackspace Technology (US)
8. Hewlett Packard Enterprise (US)
9. Dell Technologies (US)
10. Dropbox (US)
11. VMware (US)
12. NetApp (US)
13. Hitachi Vantara (US)
14. Scality (US)
15. Citrix (US)
16. DigitalOcean (US)
17. Zadara (US)
18. Cisco Systems, Inc. (US)
19. Data direct Networks (US)
20. MongoDB, Inc. (US)
21. Alibaba Cloud (China)

Regional Analysis:

The study provides a thorough PESTLE analysis for each of the five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America, considering the political, economic, social, and technological factors influencing the Cloud Storage market in these areas.

COVID-19 Impact Analysis on Cloud Storage Market:

The COVID-19 pandemic has significantly altered customer behavior across all sectors. Industries must adapt their strategies to account for these shifts in market supply. This report outlines the COVID-19 impact on the Cloud Storage market and helps in strategizing business operations to align with new industry standards.

Key Questions Answered in the Cloud Storage Market Report:

• Which product segment held the largest share in the Cloud Storage market in 2020?
• What is the competitive landscape of the Cloud Storage market?
• What are the key factors driving growth in the Cloud Storage market?
• Which region holds the maximum market share?
• What will be the CAGR of the Cloud Storage market during the forecast period (2021-2027)?

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