Cloud Storage Market Forecasted to Expand at a 17.4% CAGR from 2024 to 2030
Global 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. 2030, with a compound annual growth rate (CAGR) of 17.4% during the forecast period.
Market Analysis
Maximize Market Research, a leading business research firm, has published a comprehensive report on the “Cloud Storage Market.” This report offers detailed industry analysis, including business insights, demand trends, pricing structures, and an in-depth competitive landscape for the forecast period from 2024 to 2030.
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Report Scope and Methodology
The report delivers an extensive analysis of the Cloud Storage market through segmentation, key developments, market dynamics, and competitive landscape assessment. The data is compiled using both primary and secondary research methods, incorporating information from government websites, news articles, and company annual reports. The study also examines the key players in the Cloud Storage market, along with recent advancements, mergers, and acquisitions. Diagrams within the report illustrate import/export activities, leading players, and market share distributions. Additionally, the report provides an overview of the market drivers, challenges, opportunities, and trends, with market size calculations based on a bottom-up approach. The competitive analysis identifies key factors contributing to the expansion of the Cloud Storage market.
Regional Insights
The Cloud Storage market is segmented into key regions, including North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The report offers a detailed country-wise analysis of these regions, highlighting economic growth and investment patterns within the Cloud Storage market.
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
Key Market 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)
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Key Questions Addressed in the Cloud Storage Market Report:
- What recent industry trends can be leveraged to generate additional revenue in the Cloud Storage Market?
- Which segments are covered in the Cloud Storage Market?
- Who are the leading companies, and what are their portfolios in the Cloud Storage Market?
- What is Cloud Storage ?
- What was the size of the Cloud Storage market in 2023?
- What is the growth rate of the Cloud Storage Market?
- Which factors are expected to drive the growth of the Cloud Storage market?
- Who are the key players in the Cloud Storage market?
- What growth strategies are companies considering to increase their presence in the Cloud Storage market?
- What are the upcoming industry applications and trends for the Cloud Storage Market?
Key Offerings:
- Market Size and Competitive Landscape (2018 to 2022)
- Historical Pricing Trends by Region (2018 to 2022)
- Market Size, Share, and Forecast by Segments | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Regional Trends
- Detailed Market Segmentation by Segment and Region
- Competitive Landscape – Strategic Profiles of Key Players by Region
- Market Leaders, Followers, and Regional Players
- Competitive Benchmarking of Key Players by Region
- PESTLE Analysis
- PORTER’s Five Forces Analysis
- Value Chain and Supply Chain Analysis
- Legal Aspects of Business by Region
- Lucrative Business Opportunities with SWOT Analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a diverse market research and consulting firm, staffed by experts from various industries. We cover a wide range of sectors including medical devices, pharmaceuticals, science and engineering, electronics, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automation. We offer market-verified industry estimates, technical trend analysis, strategic insights, competition analysis, production and demand studies, and client impact assessments.
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