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Cloud Storage Market by Offering (Storage Type (Object, File, Block), Services), Use Case (Business Continuity, Application Management, Data Management), Deployment Model, Organization Size, Vertical and Region - Forecast to 2028

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    Report

  • 294 Pages
  • February 2024
  • Region: Global
  • Markets and Markets
  • ID: 5145033
Description Jump to:
The Cloud Storage market size is expected to grow from USD 99.2 billion in 2023 to USD 234.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The market has excellent growth opportunities, such as convenient deployment in remote areas with remote management support, flexibility and ease of access, redundancy for backup, demand for advanced technologies implementation/practice such as AI and 5G, and demand increase in government policies and schemes to leverage Cloud Storage adoption across verticals and regions.

By organization size, large enterprises to record a larger market share during the forecast period

Enterprises with more than 1,000 employees are categorized as large enterprises. The adoption of cloud storage solutions in large enterprises is witnessed due to the high volumes of data generated that must be managed without investing huge budgets. With the ever-increasing data volumes, large enterprises need to invest in the storage infrastructure for primary data storage and backup. Large enterprises widely adopt cloud storage solutions and associated services to reduce the CAPEX and OPEX on storage infrastructure. This trend is expected to continue during the forecast period.

By deployment model, the hybrid cloud segment will hold the highest CAGR during the forecast period

Hybrid cloud storage seamlessly combines the advantages of both on-premises and cloud-based solutions, providing a flexible and scalable infrastructure for businesses. This model stores and manages data across private and public cloud services. The deployment of cloud storage over a hybrid cloud architecture offers numerous benefits. First and foremost, it allows organizations to balance the control and security of on-premises infrastructure and the agility and cost-effectiveness of the cloud. Critical and sensitive data can be stored on-premises, while non-sensitive or less critical data can be offloaded to the cloud, optimizing resource utilization.

The hybrid approach also enables dynamic scalability, allowing businesses to seamlessly expand their storage capacity as needed without the limitations of traditional on-premises systems. Moreover, it enhances data accessibility and availability, ensuring users can retrieve and collaborate on information from anywhere, fostering increased productivity and efficiency. Ultimately, deploying cloud storage over a hybrid cloud infrastructure empowers organizations to tailor their solutions to their specific needs, delivering a robust and adaptive storage environment.

By vertical, the BFSI segment is projected to hold the highest market share during the forecast period

The BFSI industry is rapidly adopting electronic banking, paperless storage, and virtualization, which has increased the demand for safe, resilient, cost-effective, and energy-efficient Cloud Storage solutions. As the BFSI industry deals with vast amounts of customers’ data regularly, it requires reliable IT equipment to store and manage it. Reliable data centers must offer uninterrupted financial services and improve the response time for running end-user applications. Cloud Storage provides agility in computing power, reduces computational time for BFSI institutions, and ensures business continuity by focusing on management, scalability, efficiency, and energy efficiency. Therefore, Cloud Storage solutions are essential in minimizing business continuity risk and providing cost-effective solutions in the BFSI sector.


The breakup of the profiles of the primary participants is below:

  • By Company Type: Tier I: 32%, Tier II: 49%, and Tier III: 19%
  • By Designation: C-Level Executives: 33%, Director Level: 22%, and *Others: 45%
  • By Region: North America: 40%, Europe: 20%, Asia Pacific: 35%, **RoW: 5%
*Others include sales managers, marketing managers, and product managers
**RoW include Middle East & Africa and Latin America
Note: Tier 1 companies have revenues of more than USD 100 million; tier 2 companies’ revenue ranges from USD 10 million to USD 100 million; and tier 3 companies’ revenue is less than 10 million
Source: Secondary Literature, Expert Interviews, and Analysis

Key Players

Some of the key players operating in the Cloud Storage market are IBM (US), AWS (US), Google (US), Microsoft (US), Alibaba Cloud (China), Huawei Cloud (China), Oracle (US), Rackspace Technology (US), HPE (US), Dell (US), VMware (US), among others.

Research coverage:

The market study covers the Cloud Storage market across segments. It aims to estimate the market size and the growth potential across different segments such as offering, use cases, deployment model, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to buy this report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Cloud Storage market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers, restraints, opportunities, and challenges influencing the growth of the Cloud Storage market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Cloud Storage market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the Cloud Storage market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Cloud Storage market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as AWS, IBM, Google, Microsoft, and Oracle in the Cloud Storage market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
Table 1 USD Exchange Rates, 2018-2022
1.5 Stakeholders
1.6 Summary of Changes
1.6.1 Recession Impact
2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.1.2.2 Key Industry Insights
2.2 Market Forecast
Table 2 Factor Analysis
2.3 Market Size Estimation
Figure 2 Top-Down and Bottom-Up Approaches
2.3.1 Top-Down Approach
Figure 3 Top-Down Approach: Revenue of Vendors Offering Cloud Storage Solutions and Services
2.3.2 Bottom-Up Approach
Figure 4 Bottom-Up Approach: Revenue of Vendors from Verticals
Figure 5 Bottom-Up Approach (Supply-Side): Collective Revenue of Cloud Storage Vendors
Figure 6 Market Size Estimation Methodology: CAGR Projections from Supply Side
2.4 Data Triangulation
2.5 Research Assumptions
Table 3 Research Assumptions
2.6 Impact of Recession on Global Cloud Storage Market
2.7 Research Limitations
3 Executive Summary
3.1 Overview of Recession Impact
Figure 7 Cloud Storage Market: Recession Impact
Figure 8 Top-Growing Segments in Cloud Storage Market
Figure 9 Cloud Storage Market: Regional Snapshot
4 Premium Insights
4.1 Attractive Growth Opportunities in Cloud Storage Market
Figure 10 Focus on Improving Customer Experience and Simplifying Enterprise Cloud Storage to Drive Adoption of Cloud Storage Market
4.2 Cloud Storage Market, by Offering, 2023 vs. 2028
Figure 11 Storage Type Segment to Account for Largest Market Share During Forecast Period
4.3 Cloud Storage Market, by Storage Type, 2023 vs. 2028
Figure 12 File Storage Segment to Hold Largest Market Share During Forecast Period
4.4 Cloud Storage Market, by Deployment Model, 2023 vs. 2028
Figure 13 Public Cloud Segment to Hold Largest Share During Forecast Period
4.5 Cloud Storage Market, by Organization Size, 2023 vs. 2028
Figure 14 Large Enterprises Segment to Hold Larger Share During Forecast Period
4.6 Cloud Storage Market, by Application, 2023 vs. 2028
Figure 15 Backup & Recovery Segment to Hold Largest Share During Forecast Period
4.7 Cloud Storage Market, by Vertical, 2023 vs. 2028
Figure 16 BFSI Segment to Hold Largest Share During Forecast Period
4.8 Cloud Storage Market: Regional Scenario, 2023-2028
Figure 17 Asia-Pacific to Emerge as Best Market for Investments in Next Five Years
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 18 Cloud Storage Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Increasing Trend of Green IT Worldwide
5.2.1.2 Surge in Data Generation
Figure 19 Cloud Storage Solution Users, by Stored File Type
5.2.1.3 Growing Need for Remote Access to Data
Figure 20 Most Used Cloud Storage Services, 2020
5.2.1.4 On-Demand Availability and Low Cost of Cloud Storage
5.2.2 Restraints
5.2.2.1 Lifetime Storage and Egress Costs of Public Cloud Environments
5.2.2.2 Latency and Network Outage Issues
5.2.2.3 Growth of Metadata
5.2.3 Opportunities
5.2.3.1 Rising Adoption of Hybrid Cloud
5.2.3.2 Growing Focus on Edge Computing
5.2.3.3 Emergence of Storage Area Network Architecture
5.2.3.4 Integration of Artificial Intelligence in Cloud Storage Solutions
5.2.3.5 Incorporation of Containerization Technology in Cloud Storage Solutions
5.2.4 Challenges
5.2.4.1 Data Privacy Issues, Security Concerns, and Threat of Ransomware
5.3 Case Study Analysis
5.3.1 Nio Private Cloud Storage for Improved Security
5.3.2 IBM to Aid Automation Operations in Coffee County
5.3.3 Timely Maintenance and Delivery of Data Reports Using Google Cloud Storage
5.3.4 Amazon S3 Deployed to Reduce Maintenance Cost
5.3.5 Scality Ring Utilized to ADD and Stream Content
5.4 Ecosystem Analysis
Figure 21 Ecosystem Mapping
5.5 Supply Chain Analysis
5.5.1 Software/Solution Providers
5.5.2 Service Providers
5.5.3 System Integrators
5.5.4 Distributors
5.5.5 End-users
Figure 22 Supply Chain Analysis
5.6 Technology Analysis
5.6.1 Key Technologies
5.6.1.1 Data Encryption
5.6.1.2 Object Storage
5.6.1.3 Content Delivery Networks (Cdns)
5.6.2 Complementary Technologies
5.6.2.1 Data Synchronization
5.6.2.2 Storage Virtualization
5.6.2.3 Cloud Migration
5.6.3 Adjacent Technologies
5.6.3.1 Blockchain
5.6.3.2 Artificial Intelligence/Machine Learning
5.6.3.3 5G Technology
5.7 Pricing Analysis
5.7.1 Indicative Pricing Analysis
Table 4 Indicative Pricing Analysis of Cloud Storage Market Solutions, by Key Player
5.8 Business Model Analysis
5.8.1 Subscription-based Models
5.8.2 Consulting and Implementation Services
5.8.3 Cloud-based and Usage-based Pricing
5.8.4 Partnerships and Ecosystems
5.8.5 Customer Retention and Upselling
5.9 Patent Analysis
Figure 23 Number of Patents Published, 2012-2023
Figure 24 Top Five Patent Owners (Global), 2023
Table 5 Top Ten Patent Owners, 2023
Table 6 Patent Analysis, 2021-2023
5.10 Porter's Five Forces Analysis
Figure 25 Porter's Five Forces Analysis
Table 7 Impact of Porter's Five Forces
5.10.1 Threat of New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Suppliers
5.10.4 Bargaining Power of Buyers
5.10.5 Intensity of Competitive Rivalry
5.10.6 Regulatory Landscape
Table 8 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
5.11 Key Conferences and Events
Table 12 Key Conferences and Events, 2024
5.12 Trends and Disruptions Impacting Customers’ Businesses
Figure 26 Revenue Shift and New Revenue Pockets for Players in Cloud Storage Market
5.13 Key Stakeholders and Buying Criteria
5.13.1 Key Stakeholders in Buying Process
Figure 27 Influence of Stakeholders on Buying Process for Top Three Verticals
Table 13 Influence of Stakeholders on Buying Process for Top Three Verticals (%)
5.13.2 Buying Criteria
Figure 28 Key Buying Criteria for Top Three Verticals
Table 14 Key Buying Criteria for Top Three Verticals
6 Cloud Storage Market, by Offering
6.1 Introduction
6.1.1 Offering: Cloud Storage Market Drivers
Figure 29 Storage Type Accounted for Larger Market Size in 2023
Table 15 Cloud Storage Market, by Offering, 2019-2022 (USD Million)
Table 16 Cloud Storage Market, by Offering, 2023-2028 (USD Million)
6.2 Storage Type
Figure 30 File Storage Dominated Market in 2023
Table 17 Cloud Storage Market, by Storage Type, 2019-2022 (USD Million)
Table 18 Cloud Storage Market, by Storage Type, 2023-2028 (USD Million)
Table 19 Storage Type: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 20 Storage Type: Cloud Storage Market, by Region, 2023-2028 (USD Million)
6.2.1 Object Storage
6.2.1.1 Object Storage Systems to be Highly Scalable and Can Quickly Grow to Accommodate Increasing Data Volumes
Table 21 Object Storage: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 22 Object Storage: Cloud Storage Market, by Region, 2023-2028 (USD Million)
6.2.1.2 S3-Compatible Object Storage
6.2.1.3 Swift-Compatible Object Storage
6.2.2 Block Storage
6.2.2.1 Increasing Demand for High-Performance Storage Solutions to be Fulfilled by Block Storage
Table 23 Block Storage: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 24 Block Storage: Cloud Storage Market, by Region, 2023-2028 (USD Million)
6.2.2.2 Ssd Block Storage
6.2.2.3 Hdd Block Storage
6.2.3 File Storage
6.2.3.1 File Storage to Provide Flexibility to Scale Storage Resources On-Demand
Table 25 File Storage: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 26 File Storage: Cloud Storage Market, by Region, 2023-2028 (USD Million)
6.2.3.2 Nfs-based File Storage
6.2.3.3 SMB-based File Storage
6.3 Services
Table 27 Services: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 28 Services: Cloud Storage Market, by Region, 2023-2028 (USD Million)
6.3.1 Training & Consulting
6.3.1.1 Training & Consulting to Help Implement Access Controls and Ensure Compliance with Data Protection Regulations
6.3.2 Integration & Implementation
6.3.2.1 Cloud Storage Solutions to Ensure Data Persistence and Scalability for Containerized Applications
6.3.3 Support & Maintenance
6.3.3.1 Support Services to Focus on Securing Data, Implementing Encryption Access Controls, and Ensuring Compliance
7 Cloud Storage Market, by Application
7.1 Introduction
7.1.1 Application: Cloud Storage Market Drivers
Figure 31 Backup & Recovery Dominated Market in 2023
Table 29 Cloud Storage Market, by Application, 2019-2022 (USD Million)
Table 30 Cloud Storage Market, by Application, 2023-2028 (USD Million)
7.2 Business Continuity
7.2.1 Backup & Recovery
7.2.1.1 Enabling Faster and More Efficient Data Recovery Strategies-based on Historical Patterns and Real-Time Insights
Table 31 Backup & Recovery: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 32 Backup & Recovery: Cloud Storage Market, by Region, 2023-2028 (USD Million)
7.2.2 Data Archiving
7.2.2.1 Providing Scalable and Persistent Storage Solutions for Serverless Computing Platforms
Table 33 Data Archiving: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 34 Data Archiving: Cloud Storage Market, by Region, 2023-2028 (USD Million)
7.3 Data Management
7.3.1 Big Data & Analytics
7.3.1.1 Cloud Storage Solutions to Include Tools and Services for Data Integration and Transformation
Table 35 Big Data & Analytics: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 36 Big Data & Analytics: Cloud Storage Market, by Region, 2023-2028 (USD Million)
7.3.2 Database Storage Management
7.3.2.1 Integration of Cloud Storage Solutions with Kubernetes for Dynamic Provisioning and Orchestration of Storage Resources
Table 37 Database Storage Management: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 38 Database Storage Management: Cloud Storage Market, by Region, 2023-2028 (USD Million)
7.4 Application Management
7.4.1 Content Delivery & Distribution
7.4.1.1 AI-Driven Automation to Optimize Storage Resource Allocation and Management
Table 39 Content Delivery & Distribution: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 40 Content Delivery & Distribution: Cloud Storage Market, by Region, 2023-2028 (USD Million)
7.4.2 Other Applications
Table 41 Other Applications: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 42 Other Applications: Cloud Storage Market, by Region, 2023-2028 (USD Million)
8 Cloud Storage Market, by Organization Size
8.1 Introduction
8.1.1 Organization Size: Cloud Storage Market Drivers
Figure 32 Large Enterprises Dominated Market in 2023
Table 43 Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 44 Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
8.2 Small & Medium-Sized Enterprises
8.2.1 SMEs to Embrace Cloud Storage for Competitive Edge
Table 45 SMEs: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 46 SMEs: Cloud Storage Market, by Region, 2023-2028 (USD Million)
8.3 Large Enterprises
8.3.1 Large Enterprises to Harness Cloud Storage to Achieve Agility at Scale
Table 47 Large Enterprises: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 48 Large Enterprises: Cloud Storage Market, by Region, 2023-2028 (USD Million)
9 Cloud Storage Market, by Deployment Model
9.1 Introduction
9.1.1 Deployment Model: Cloud Storage Market Drivers
Figure 33 Public Cloud Segment Dominated Market in 2023
Table 49 Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 50 Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
9.2 Public Cloud
9.2.1 Public Cloud Storage to Empower Agile Enterprises by Elevating Efficiency
Table 51 Public Cloud: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 52 Public Cloud: Cloud Storage Market, by Region, 2023-2028 (USD Million)
9.3 Private Cloud
9.3.1 Private Cloud Storage to Provide Customized Control Tailored to Enterprise Needs
Table 53 Private Cloud: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 54 Private Cloud: Cloud Storage Market, by Region, 2023-2028 (USD Million)
9.4 Hybrid Cloud
9.4.1 Hybrid Cloud Storage Solutions to Help Drive Flexibility
Table 55 Hybrid Cloud: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 56 Hybrid Cloud: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10 Cloud Storage Market, by Vertical
10.1 Introduction
10.1.1 Vertical: Cloud Storage Market Drivers
Figure 34 BFSI Vertical to Account for Largest Market Size During Forecast Period
Table 57 Cloud Storage Market, by Vertical, 2019-2022 (USD Million)
Table 58 Cloud Storage Market, by Vertical, 2023-2028 (USD Million)
10.2 Banking, Financial Services, and Insurance
10.2.1 Cloud Storage to Allow BFSI Organizations to Scale Their Storage Resources Seamlessly
Table 59 BFSI: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 60 BFSI: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.2.2 BFSI: Application Areas
10.2.2.1 Fraud Detection & Risk Management
10.2.2.2 Global Expansion & Compliance
10.2.2.3 Customer Personalization
10.2.2.4 Other Application Areas
10.3 IT & ITeS
10.3.1 Rise of Serverless Computing Models to Drive Development of Storage Solutions
Table 61 IT & ITeS: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 62 IT & ITeS: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.3.2 IT & ITeS: Application Areas
10.3.2.1 Scalable Development Environments
10.3.2.2 Global Collaboration
10.3.2.3 Automated Testing & Continuous Integration
10.3.2.4 Other Application Areas
10.4 Telecommunications
10.4.1 Enabling Data Mobility and Redundancy Across Cloud Providers
Table 63 Telecommunications: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 64 Telecommunications: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.4.2 Telecommunications: Application Areas
10.4.2.1 Network Function Virtualization (Nfv)
10.4.2.2 Edge Computing
10.4.2.3 IoT Data Management
10.4.2.4 Other Application Areas
10.5 Healthcare & Life Sciences
10.5.1 Vertical to Embrace Hybrid and Multi-Cloud Strategies to Optimize Storage Costs
Table 65 Healthcare & Life Sciences: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 66 Healthcare & Life Sciences: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.5.2 Healthcare & Life Sciences: Application Areas
10.5.2.1 Secure Health Data Sharing
10.5.2.2 Telemedicine & Remote Patient Monitoring
10.5.2.3 Interoperability & Health Information Exchange
10.5.2.4 Other Application Areas
10.6 Media & Entertainment
10.6.1 Cloud Storage to Enable Media Content Delivery and Processing Closer to End-users, Reducing Latency, and Enhancing User Experiences
Table 67 Media & Entertainment: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 68 Media & Entertainment: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.6.2 Media & Entertainment: Application Areas
10.6.2.1 Scalable Content Distribution
10.6.2.2 Collaborative Content Creation
10.6.2.3 Flexible Digital Asset Management
10.6.2.4 Other Application Areas
10.7 Retail & Consumer Goods
10.7.1 Cloud Storage Solutions Adapt to Fluctuating Retail Demand
Table 69 Retail & Consumer Goods: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 70 Retail & Consumer Goods: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.7.2 Retail & Consumer Goods: Application Areas
10.7.2.1 Personalized Customer Experiences
10.7.2.2 Inventory Optimization
10.7.2.3 Unified Commerce
10.7.2.4 Other Application Areas
10.8 Manufacturing
10.8.1 Advanced Analytics and AI-Driven Insights Becoming Integral to Cloud Storage
Table 71 Manufacturing: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 72 Manufacturing: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.8.2 Manufacturing: Application Areas
10.8.2.1 Digital Twin
10.8.2.2 3D Printing
10.8.2.3 Quality Control & Process Optimization
10.8.2.4 Other Application Areas
10.9 Government & Public Sector
10.9.1 Government & Public Sector to Drive Adoption of Cloud Storage Solutions That Offer Robust Data Governance and Compliance Features
Table 73 Government & Public Sector: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 74 Government & Public Sector: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.9.2 Government & Public Sector: Application Areas
10.9.2.1 e-Government Services
10.9.2.2 Smart City Initiatives
10.9.2.3 Emergency Response & Crisis Management
10.9.2.4 Other Application Areas
10.10 Energy & Utilities
10.10.1 Cloud Storage to Scale and Manage Data Generated from Renewable Energy Sources Like Solar and Wind Farms Efficiently
Table 75 Energy & Utilities: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 76 Energy & Utilities: Cloud Storage Market, by Region, 2023-2028 (USD Million)
10.10.2 Energy & Utilities: Application Areas
10.10.2.1 Grid Optimization with Big Data
10.10.2.2 Asset Performance Management
10.10.2.3 Energy Consumption Analytics
10.10.2.4 Other Application Areas
10.11 Other Verticals
Table 77 Other Verticals: Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 78 Other Verticals: Cloud Storage Market, by Region, 2023-2028 (USD Million)
11 Cloud Storage Market, by Region
11.1 Introduction
Figure 35 Asia-Pacific to Grow at Highest CAGR During Forecast Period
Table 79 Cloud Storage Market, by Region, 2019-2022 (USD Million)
Table 80 Cloud Storage Market, by Region, 2023-2028 (USD Million)
11.2 North America
11.2.1 North America: Cloud Storage Market Drivers
11.2.2 North America: Recession Impact
Figure 36 North America: Market Snapshot
Table 81 North America: Cloud Storage Market, by Offering, 2019-2022 (USD Million)
Table 82 North America: Cloud Storage Market, by Offering, 2023-2028 (USD Million)
Table 83 North America: Cloud Storage Market, by Storage Type, 2019-2022 (USD Million)
Table 84 North America: Cloud Storage Market, by Storage Type, 2023-2028 (USD Million)
Table 85 North America: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 86 North America: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 87 North America: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 88 North America: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
Table 89 North America: Cloud Storage Market, by Application, 2019-2022 (USD Million)
Table 90 North America: Cloud Storage Market, by Application, 2023-2028 (USD Million)
Table 91 North America: Cloud Storage Market, by Vertical, 2019-2022 (USD Million)
Table 92 North America: Cloud Storage Market, by Vertical, 2023-2028 (USD Million)
Table 93 North America: Cloud Storage Market, by Country, 2019-2022 (USD Million)
Table 94 North America: Cloud Storage Market, by Country, 2023-2028 (USD Million)
11.2.3 US
11.2.3.1 Surge in Demand for Effective Cloud Storage Implementation in US to Drive Market Growth
Table 95 US: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 96 US: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 97 US: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 98 US: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.2.4 Canada
11.2.4.1 Need for Advanced Technological Tools, Cloud Platforms, and Various Other On-Demand Services to Drive Market Growth in Canada
Table 99 Canada: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 100 Canada: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 101 Canada: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 102 Canada: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.3 Europe
11.3.1 Europe: Cloud Storage Market Drivers
11.3.2 Europe: Recession Impact
Table 103 Europe: Cloud Storage Market, by Offering, 2019-2022 (USD Million)
Table 104 Europe: Cloud Storage Market, by Offering, 2023-2028 (USD Million)
Table 105 Europe: Cloud Storage Market, by Storage Type, 2019-2022 (USD Million)
Table 106 Europe: Cloud Storage Market, by Storage Type, 2023-2028 (USD Million)
Table 107 Europe: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 108 Europe: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 109 Europe: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 110 Europe: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
Table 111 Europe: Cloud Storage Market, by Application, 2019-2022 (USD Million)
Table 112 Europe: Cloud Storage Market, by Application, 2023-2028 (USD Million)
Table 113 Europe: Cloud Storage Market, by Vertical, 2019-2022 (USD Million)
Table 114 Europe: Cloud Storage Market, by Vertical, 2023-2028 (USD Million)
Table 115 Europe: Cloud Storage Market, by Country, 2019-2022 (USD Million)
Table 116 Europe: Cloud Storage Market, by Country, 2023-2028 (USD Million)
11.3.3 UK
11.3.3.1 Companies in UK to Adopt Cloud Storage Solutions to Enhance Operational Efficiency
Table 117 UK: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 118 UK: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 119 UK: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 120 UK: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.3.4 Germany
11.3.4.1 Adoption of Cloud Computing and Cloud Storage Solutions at Scale to Drive Market Growth in Germany
Table 121 Germany: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 122 Germany: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 123 Germany: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 124 Germany: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.3.5 France
11.3.5.1 Huge Investments by Global Cloud Storage Market Providers Because of Changing Customer Behavior to Drive Growth in France
Table 125 France: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 126 France: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 127 France: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 128 France: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.3.6 Italy
11.3.6.1 Cloud Storage Adoption in Italy to Witness Growth
Table 129 Italy: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 130 Italy: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 131 Italy: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 132 Italy: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.3.7 Rest of Europe
Table 133 Rest of Europe: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 134 Rest of Europe: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 135 Rest of Europe: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 136 Rest of Europe: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Cloud Storage Market Drivers
11.4.2 Asia-Pacific: Recession Impact
Figure 37 Asia-Pacific: Market Snapshot
Table 137 Asia-Pacific: Cloud Storage Market, by Offering, 2019-2022 (USD Million)
Table 138 Asia-Pacific: Cloud Storage Market, by Offering, 2023-2028 (USD Million)
Table 139 Asia-Pacific: Cloud Storage Market, by Storage Type, 2019-2022 (USD Million)
Table 140 Asia-Pacific: Cloud Storage Market, by Storage Type, 2023-2028 (USD Million)
Table 141 Asia-Pacific: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 142 Asia-Pacific: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 143 Asia-Pacific: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 144 Asia-Pacific: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
Table 145 Asia-Pacific: Cloud Storage Market, by Application, 2019-2022 (USD Million)
Table 146 Asia-Pacific: Cloud Storage Market, by Application, 2023-2028 (USD Million)
Table 147 Asia-Pacific: Cloud Storage Market, by Vertical, 2019-2022 (USD Million)
Table 148 Asia-Pacific: Cloud Storage Market, by Vertical, 2023-2028 (USD Million)
Table 149 Asia-Pacific: Cloud Storage Market, by Country, 2019-2022 (USD Million)
Table 150 Asia-Pacific: Cloud Storage Market, by Country, 2023-2028 (USD Million)
11.4.3 China
11.4.3.1 Government Organizations and Telcos Investing in Chinese IoT and Innovative City Ecosystems to Drive Market Growth
Table 151 China: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 152 China: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 153 China: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 154 China: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.4.4 Japan
11.4.4.1 Technology Providers in Japan to Introduce Cloud Storage Technologies
Table 155 Japan: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 156 Japan: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 157 Japan: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 158 Japan: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.4.5 Australia & New Zealand
11.4.5.1 Demand for Data Processing and Information Interaction to Drive Growth of Australian Cloud Storage Market
Table 159 Australia & New Zealand: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 160 Australia & New Zealand: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 161 Australia & New Zealand: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 162 Australia & New Zealand: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.4.6 Rest of Asia-Pacific
Table 163 Rest of Asia-Pacific: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 164 Rest of Asia-Pacific: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 165 Rest of Asia-Pacific: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 166 Rest of Asia-Pacific: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.5 Middle East & Africa
11.5.1 Middle East & Africa: Cloud Storage Market Drivers
11.5.2 Middle East & Africa: Recession Impact
Table 167 Middle East & Africa: Cloud Storage Market, by Offering, 2019-2022 (USD Million)
Table 168 Middle East & Africa: Cloud Storage Market, by Offering, 2023-2028 (USD Million)
Table 169 Middle East & Africa: Cloud Storage Market, by Storage Type, 2019-2022 (USD Million)
Table 170 Middle East & Africa: Cloud Storage Market, by Storage Type, 2023-2028 (USD Million)
Table 171 Middle East & Africa: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 172 Middle East & Africa: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 173 Middle East & Africa: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 174 Middle East & Africa: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
Table 175 Middle East & Africa: Cloud Storage Market, by Application, 2019-2022 (USD Million)
Table 176 Middle East & Africa: Cloud Storage Market, by Application, 2023-2028 (USD Million)
Table 177 Middle East & Africa: Cloud Storage Market, by Vertical, 2019-2022 (USD Million)
Table 178 Middle East & Africa: Cloud Storage Market, by Vertical, 2023-2028 (USD Million)
Table 179 Middle East & Africa: Cloud Storage Market, by Region/Country, 2019-2022 (USD Million)
Table 180 Middle East & Africa: Cloud Storage Market, by Region/Country, 2023-2028 (USD Million)
11.5.3 GCC Countries
11.5.3.1 Saudi Arabia
11.5.3.1.1 Saudi Vision 2030 Initiatives to Leverage Demand for Cloud Computing, Cloud Storage, Big Data, Analytics, and AI/ML
Table 181 Saudi Arabia: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 182 Saudi Arabia: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 183 Saudi Arabia: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 184 Saudi Arabia: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.5.3.2 UAE
11.5.3.2.1 High Mobile Device Per User Ratio to Drive Market for Cloud Storage
Table 185 UAE: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 186 UAE: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 187 UAE: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 188 UAE: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.5.3.3 Other GCC Countries
Table 189 Other GCC Countries: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 190 Other GCC Countries: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 191 Other GCC Countries: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 192 Other GCC Countries: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.5.4 South Africa
11.5.4.1 High Usage of Mobile Technologies and Colocation Facilities to Contribute to Market Growth in South Africa
Table 193 South Africa: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 194 South Africa: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 195 South Africa: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 196 South Africa: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.5.5 Rest of Middle East & Africa
Table 197 Rest of Middle East & Africa: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 198 Rest of Middle East & Africa: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 199 Rest of Middle East & Africa: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 200 Rest of Middle East & Africa: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.6 Latin America
11.6.1 Latin America: Cloud Storage Market Drivers
11.6.2 Latin America: Recession Impact
Table 201 Latin America: Cloud Storage Market, by Offering, 2019-2022 (USD Million)
Table 202 Latin America: Cloud Storage Market, by Offering, 2023-2028 (USD Million)
Table 203 Latin America: Cloud Storage Market, by Storage Type, 2019-2022 (USD Million)
Table 204 Latin America: Cloud Storage Market, by Storage Type, 2023-2028 (USD Million)
Table 205 Latin America: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 206 Latin America: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 207 Latin America: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 208 Latin America: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
Table 209 Latin America: Cloud Storage Market, by Application, 2019-2022 (USD Million)
Table 210 Latin America: Cloud Storage Market, by Application, 2023-2028 (USD Million)
Table 211 Latin America: Cloud Storage Market, by Vertical, 2019-2022 (USD Million)
Table 212 Latin America: Cloud Storage Market, by Vertical, 2023-2028 (USD Million)
Table 213 Latin America: Cloud Storage Market, by Country, 2019-2022 (USD Million)
Table 214 Latin America: Cloud Storage Market, by Country, 2023-2028 (USD Million)
11.6.3 Brazil
11.6.3.1 Rise in Advanced Technology Assimilation Among Enterprises and End Consumers to Drive Demand for Strategic Cloud Storage Adoption
Table 215 Brazil: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 216 Brazil: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 217 Brazil: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 218 Brazil: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.6.4 Mexico
11.6.4.1 Increased Opportunities for Content Delivery Providers to Drive Market for Cloud Storage in Mexico
Table 219 Mexico: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 220 Mexico: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 221 Mexico: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 222 Mexico: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
11.6.5 Rest of Latin America
Table 223 Rest of Latin America: Cloud Storage Market, by Deployment Model, 2019-2022 (USD Million)
Table 224 Rest of Latin America: Cloud Storage Market, by Deployment Model, 2023-2028 (USD Million)
Table 225 Rest of Latin America: Cloud Storage Market, by Organization Size, 2019-2022 (USD Million)
Table 226 Rest of Latin America: Cloud Storage Market, by Organization Size, 2023-2028 (USD Million)
12 Competitive Landscape
12.1 Overview
12.2 Strategies Adopted by Key Players
Table 227 Strategies Adopted by Key Players
12.3 Revenue Analysis
Figure 38 Revenue Analysis of Top Five Players, 2018-2022 (USD Billion)
12.4 Company Financial Metrics
Figure 39 Trading Comparable, 2023 (EV/Ebitda)
12.5 Market Share Analysis
Figure 40 Market Share Analysis, 2022
Table 228 Degree of Competition
12.6 Product/Brand Comparison
Table 229 Product/Brand Comparison
12.7 Company Evaluation Matrix
Figure 41 Company Evaluation Matrix for Key Players: Criteria Weightage
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
Figure 42 Cloud Storage Market: Company Evaluation Matrix, 2022
12.7.5 Company Footprint
Table 230 Company Product Footprint
Table 231 Company Offering Footprint
Table 232 Company Vertical Footprint
Table 233 Company Region Footprint
12.8 Startup/SME Evaluation Matrix
Figure 43 Startup/SME Evaluation Matrix: Criteria Weightage
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
Figure 44 Cloud Storage Market: Startup/SME Evaluation Matrix, 2022
12.8.5 Competitive Benchmarking
Table 234 Cloud Storage Market: Key Startups/SMEs
Table 235 Cloud Storage Market: Competitive Benchmarking of Startups/SMEs
12.9 Competitive Scenario and Trends
12.9.1 Product Launches
Table 236 Product Launches, February 2021-October 2023
12.9.2 Deals
Table 237 Deals, October 2021-November 2023
13 Company Profiles
13.1 Introduction
13.2 Key Companies
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Key Strengths, Strategic Choices Made, and Weaknesses and Competitive Threats)*
13.2.1 Amazon Web Services, Inc.
Table 238 Amazon Web Services, Inc.: Business Overview
Figure 45 Amazon Web Services, Inc.: Company Snapshot
Table 239 Amazon Web Services, Inc.: Products/Solutions/Services Offered
Table 240 Amazon Web Services, Inc.: Product Launches
Table 241 Amazon Web Services, Inc.: Deals
13.2.2 IBM
Table 242 IBM: Business Overview
Figure 46 IBM: Company Snapshot
Table 243 IBM: Products/Solutions/Services Offered
Table 244 IBM: Product Launches
Table 245 IBM: Deals
13.2.3 Google
Table 246 Google: Business Overview
Figure 47 Google: Company Snapshot
Table 247 Google: Products/Solutions/Services Offered
Table 248 Google: Product Launches
Table 249 Google: Deals
13.2.4 Microsoft
Table 250 Microsoft: Business Overview
Figure 48 Microsoft: Company Snapshot
Table 251 Microsoft: Products/Solutions/Services Offered
Table 252 Microsoft: Product Launches
Table 253 Microsoft: Deals
13.2.5 Alibaba Cloud
Table 254 Alibaba Cloud: Business Overview
Figure 49 Alibaba Cloud: Company Snapshot
Table 255 Alibaba Cloud: Products/Solutions/Services Offered
Table 256 Alibaba Cloud: Product Launches
Table 257 Alibaba Cloud: Deals
13.2.6 Oracle
Table 258 Oracle: Business Overview
Figure 50 Oracle: Company Snapshot
Table 259 Google: Products/Solutions/Services Offered
Table 260 Oracle: Product Launches
Table 261 Oracle: Deals
13.2.7 Rackspace Technology
Table 262 Rackspace Technology: Business Overview
Figure 51 Rackspace Technology: Company Snapshot
Table 263 Rackspace Technology: Products/Solutions/Services Offered
Table 264 Rackspace Technology: Product Launches
Table 265 Rackspace Technology: Deals
13.2.8 Hewlett Packard Enterprise
Table 266 Hewlett Packard Enterprise: Business Overview
Figure 52 Hewlett Packard Enterprise: Company Snapshot
Table 267 Hewlett Packard Enterprise: Products/Solutions/Services Offered
Table 268 Hewlett Packard Enterprise: Product Launches
Table 269 Hewlett Packard Enterprise: Deals
13.2.9 Dell Technologies
Table 270 Dell Technologies: Business Overview
Figure 53 Dell Technologies: Company Snapshot
Table 271 Dell Technologies: Products/Solutions/Services Offered
Table 272 Dell Technologies: Product Launches
Table 273 Dell Technologies: Cloud Storage Market: Deals
13.2.10 Huawei
Table 274 Huawei: Business Overview
Figure 54 Huawei: Company Snapshot
Table 275 Huawei: Products/ Solutions/Services Offered
Table 276 Huawei: Product Launches
13.3 Other Companies
13.3.1 Dropbox
13.3.2 Box
13.3.3 Tencent Cloud
13.3.4 Fujitsu
13.3.5 Vmware
13.3.6 Netapp
13.3.7 Hitachi Vantara
13.3.8 Scality
13.3.9 Citrix
13.3.10 Upcloud
13.3.11 Digitalocean
13.3.12 Vultr
13.3.13 Minio
13.3.14 Zadara
13.3.15 Pcloud
13.3.16 Wasabi
13.3.17 Sync
13.3.18 Degoo
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Product Launches, Analyst's View, Key Strengths, Strategic Choices Made, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies
14 Adjacent and Related Markets
14.1 Introduction
14.1.1 Related Markets
14.2 Cloud Computing Market
Table 277 Cloud Computing Market, by Service Model, 2018-2022 (USD Billion)
Table 278 Cloud Computing Market, by Service Model, 2023-2028 (USD Billion)
Table 279 Cloud Computing Market, by Deployment Model, 2018-2022 (USD Billion)
Table 280 Cloud Computing Market, by Deployment Model, 2023-2028 (USD Billion)
Table 281 Cloud Computing Market, by Organization Size, 2018-2022 (USD Billion)
Table 282 Cloud Computing Market, by Organization Size, 2023-2028 (USD Billion)
Table 283 Cloud Computing Market, by Vertical, 2018-2022 (USD Billion)
Table 284 Cloud Computing Market, by Vertical, 2023-2028 (USD Billion)
Table 285 Cloud Computing Market, by Region, 2018-2022 (USD Billion)
Table 286 Cloud Computing Market, by Region, 2023-2028 (USD Billion)
14.3 Disaster Recovery as a Service (Draas) Market
Table 287 Disaster Recovery as a Service Market, by Service Type, 2018-2022 (USD Million)
Table 288 Disaster Recovery as a Service Market, by Service Type, 2023-2028 (USD Million)
Table 289 Disaster Recovery as a Service Market, by Deployment Mode, 2018-2022 (USD Million)
Table 290 Disaster Recovery as a Service Market, by Deployment Mode, 2023-2028 (USD Million)
Table 291 Disaster Recovery as a Service Market, by Organization Size, 2018-2022 (USD Million)
Table 292 Disaster Recovery as a Service Market, by Organization Size, 2023-2028 (USD Million)
Table 293 Disaster Recovery as a Service Market, by Vertical, 2018-2022 (USD Million)
Table 294 Disaster Recovery as a Service Market, by Vertical, 2023-2028 (USD Million)
Table 295 Disaster Recovery as a Service Market, by Region, 2018-2022 (USD Million)
Table 296 Disaster Recovery as a Service Market, by Region, 2023-2028 (USD Million)
15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options

Companies Mentioned

  • Amazon Web Services, Inc.
  • IBM
  • Google
  • Microsoft
  • Alibaba Cloud
  • Oracle
  • Rackspace Technology
  • Hewlett Packard Enterprise
  • Dell Technologies
  • Huawei
  • Dropbox
  • Box
  • Tencent Cloud
  • Fujitsu
  • Vmware
  • Netapp
  • Hitachi Vantara
  • Scality
  • Citrix
  • Upcloud
  • Digitalocean
  • Vultr
  • Minio
  • Zadara
  • Pcloud
  • Wasabi
  • Sync
  • Degoo

Methodology

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Table Information

Report AttributeDetails
No. of Pages294
PublishedFebruary 2024
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 99.2 Billion
Forecasted Market Value ( USD ) by 2028 $ 234.9 Billion
Compound Annual Growth Rate18.8%
Regions CoveredGlobal
No. of Companies Mentioned28

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About the Cloud Storage Market

Cloud Storage is a type of cloud computing that stores data on remote servers accessed through the internet, rather than on a local server or personal computer. It is a form of data storage that allows users to store, manage, and access data from any device connected to the internet. Cloud Storage is a cost-effective and efficient way to store and access data, as it eliminates the need for physical storage and allows users to access their data from anywhere. Cloud Storage is often used for backup and archiving, as well as for sharing and collaboration. It is also used for data analytics, machine learning, and artificial intelligence. Cloud Storage is a key component of cloud computing, as it provides the infrastructure for storing and managing data. Some companies in the Cloud Storage market include Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Oracle Cloud, and Rackspace. Show Less Read more

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