Cloud Storage Market Size, Share, Analysis Report

Cloud Storage Market Size By Component (Services, Solutions), By Type (File Storage, Block Storage, Object Storage), By Deployment Model (Hybrid Cloud, Public Cloud, Private Cloud), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), By Vertical (Healthcare and Life Sciences, Government and Public Sector, Manufacturing, Media and Entertainment, Consumer Goods and Retail, Banking, Financial Services, and Insurance, Telecommunications, IT and ITeS, Energy and Utilities, Education), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global cloud storage market is expected to be around USD 203.5 billion by 2027, at a CAGR of 22% during the forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

22

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The global cloud storage market is expected to be around USD 203.5 billion by 2027, at a CAGR of 22% during the forecast period.

Cloud storage is a next-generation system that interacts in human language and helps experts to form better decisions by understanding the complexity of unstructured data. The universal market encompasses technologies like tongue processing, machine learning, automated reasoning, and knowledge retrieval, which are utilized in translating unstructured data to sense, infer, and predict best solutions. Cloud storage is a primary component in cloud computing, catering to the requirements of knowledge holding of varied applications like big data analytics, information backup, data archive, Internet of Things (IoT), data warehouse, and lots of others. Cloud storage enhances business operations by leveraging mobile workforce with easy accumulation, archive, access, and data recovery facilities. Also, cloud enables storage scalability with minimal cost as compared to on-premise data centers. Cloud storage has accumulated a concrete consideration among enterprises due to its flexible, authentic, and secure mode of knowledge storage and availability.

The global Cloud Storage market is segregated on the basis of Component as Services and Solutions. Based on Type the global Cloud Storage market is segmented in File Storage, Block Storage, and Object Storage. Based on Deployment Model the global Cloud Storage market is segmented in Hybrid Cloud, Public Cloud, and Private Cloud.

Based on Organization Size, the global Cloud Storage market is segmented in Small and Medium-Sized Enterprises and Large Enterprises. The report also bifurcates the global Cloud Storage market based on Vertical in Healthcare and Life Sciences, Government and Public Sector, Manufacturing, Media and Entertainment, Consumer Goods and Retail, Banking, Financial Services, and Insurance, Telecommunications, IT and ITeS, Energy and Utilities, and Education.

The global Cloud Storage market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Cloud Storage market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Tencent, Virtustream, Fujitsu, Box, Carbonite, AWS, IBM, Microsoft, Google, Oracle, and others are among the major players in the global Cloud Storage market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Cloud Storage Market has been segmented as below:

Cloud Storage Market, By Component

  • Services
  • Solutions

Cloud Storage Market, By Type

  • File Storage
  • Block Storage
  • Object Storage

Cloud Storage Market, By Deployment Model

  • Hybrid Cloud
  • Public Cloud
  • Private Cloud

Cloud Storage Market, By Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Cloud Storage Market, By Vertical

  • Healthcare and Life Sciences
  • Government and Public Sector
  • Manufacturing
  • Media and Entertainment
  • Consumer Goods and Retail
  • Banking, Financial Services, and Insurance
  • Telecommunications
  • IT and ITeS
  • Energy and Utilities
  • Education

Cloud Storage Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Cloud Storage Market, By Company

  • Tencent
  • Virtustream
  • Fujitsu
  • Box
  • Carbonite
  • AWS
  • IBM
  • Microsoft
  • Google
  • Oracle

The report covers:

  • Global Cloud Storage market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • Global Cloud Storage market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Cloud Storage market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Cloud Storage market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Cloud Storage market share. Major industry players with significant revenue share include Tencent, Virtustream, Fujitsu, Box, Carbonite, AWS, IBM, Microsoft, Google, Oracle, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Cloud Storage industry trends
  • Find complete analysis on the market status
  • Identify the Cloud Storage market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent Developments in Smart Building market are as follows:

IBM

  • November 01, 2017- IBM declared a new IBM Cloud Private software platform to help companies unlock billions of dollars in technology investment in core data and applications and spread cloud-native tools across public and private clouds.
  • 12 Sep 2017- IBM declared the availability of new SAP-certified bare metal servers for SAP HANA platform deployments in the IBM Cloud and new configurations for VMware environments.

Oracle

  • July 16, 2020- Oracle and NIH Collaborate on Cloud System to Support COVID-19 Vaccine Trials.
  • September 16, 2019- Oracle declared Oracle Cloud Free Tier, including new Always Free services for anyone to try the world’s first self-driving database and Oracle Cloud Infrastructure for an unlimited time

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1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
        2.4.1 Secondary Research
        2.4.2 Primary Research
        2.4.3 Models for Estimation
    2.5 Market Size Estimation
        2.5.1 Bottom-Up Approach – Segmental Market Analysis
        2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
    4.1 Introduction
        4.2.1 Drivers
        4.2.2 Restraints
        4.2.3 Opportunities
        4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
5. Cloud Storage Market, By Component
    5.1 Introduction
    5.2 Services
        5.2.1 Market Overview
        5.2.2 Market Size and Forecast
    5.3 Solutions
        5.3.1 Market Overview
        5.3.2 Market Size and Forecast
6. Cloud Storage Market, By Type
    6.1 Introduction
    6.2 File Storage
        6.2.1 Market Overview
        6.2.2 Market Size and Forecast
    6.3 Block Storage
        6.3.1 Market Overview
        6.3.2 Market Size and Forecast
    6.4 Object Storage
        6.4.1 Market Overview
        6.4.2 Market Size and Forecast
7. Cloud Storage Market, By Deployment Model
    7.1 Introduction
    7.2 Hybrid Cloud
        7.2.1 Market Overview
        7.2.2 Market Size and Forecast
    7.3 Public Cloud
        7.3.1 Market Overview
        7.3.2 Market Size and Forecast
    7.4 Private Cloud
        7.4.1 Market Overview
        7.4.2 Market Size and Forecast
8. Cloud Storage Market, By Organization Size
    8.1 Introduction
    8.2 Small and Medium-Sized Enterprises
        8.2.1 Market Overview
        8.2.2 Market Size and Forecast
    8.3 Large Enterprises
        8.3.1 Market Overview
        8.3.2 Market Size and Forecast
9. Cloud Storage Market, By Vertical
    9.1 Introduction
    9.2 Healthcare and Life Sciences
        9.2.1 Market Overview
        9.2.2 Market Size and Forecast
    9.3 Government and Public Sector
        9.3.1 Market Overview
        9.3.2 Market Size and Forecast
    9.4 Manufacturing
        9.4.1 Market Overview
        9.4.2 Market Size and Forecast
    9.5 Media and Entertainment
        9.5.1 Market Overview
        9.5.2 Market Size and Forecast
    9.6 Consumer Goods and Retail
        9.6.1 Market Overview
        9.6.2 Market Size and Forecast
    9.7 Banking, Financial Services, and Insurance
        9.7.1 Market Overview
        9.7.2 Market Size and Forecast
    9.8 Telecommunications
        9.8.1 Market Overview
        9.8.2 Market Size and Forecast
    9.9 IT and ITeS
        9.9.1 Market Overview
        9.9.2 Market Size and Forecast
    9.10 Energy and Utilities
        9.10.1 Market Overview
        9.10.2 Market Size and Forecast
    9.11 Education
        9.11.1 Market Overview
        9.11.2 Market Size and Forecast
10. Cloud Storage Market, By Geography
    10.1 Introduction
    10.2 North America
        10.2.1 North America Cloud Storage, By Component
        10.2.2 North America Cloud Storage, By Type
        10.2.3 North America Cloud Storage, By Deployment Model
        10.2.4 North America Cloud Storage, By Organization Size
        10.2.5 North America Cloud Storage, By Vertical
    10.3 Europe
        10.3.1 Europe Cloud Storage, By Component
        10.3.2 Europe Cloud Storage, By Type
        10.3.3 Europe Cloud Storage, By Deployment Model
        10.3.4 Europe Cloud Storage, By Organization Size
        10.3.5 Europe Cloud Storage, By Vertical
    10.4 Asia-Pacific
        10.4.1 Asia-Pacific Cloud Storage, By Component
        10.4.2 Asia-Pacific Cloud Storage, By Type
        10.4.3 Asia-Pacific Cloud Storage, By Deployment Model
        10.4.4 Asia-Pacific Cloud Storage, By Organization Size
        10.4.5 Asia-Pacific Cloud Storage, By Vertical
    10.5 Rest of the World
        10.5.1 Rest of the World Cloud Storage, By Component
        10.5.2 Rest of the World Cloud Storage, By Type
        10.5.3 Rest of the World Cloud Storage, By Deployment Model
        10.5.4 Rest of the World Cloud Storage, By Organization Size
        10.5.5 Rest of the World Cloud Storage, By Vertical
11. Competitive Insights
    11.1 Key Insights
    11.2 Company Market Share Analysis
    11.3 Strategic Outlook
        11.3.1 Mergers & Acquisitions
        11.3.2 New Product Development
        11.3.3 Portfolio/Production Capacity Expansions
        11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
        11.3.5 Others
12. Company Profiles
    12.1 Tencent
        12.1.1 Company Overview
        12.1.2 Product/Service Landscape
        12.1.3 Financial Overview
        12.1.4 Recent Developments
    12.2 Virtustream
        12.2.1 Company Overview
        12.2.2 Product/Service Landscape
        12.2.3 Financial Overview
        12.2.4 Recent Developments
    12.3 Fujitsu
        12.3.1 Company Overview
        12.3.2 Product/Service Landscape
        12.3.3 Financial Overview
        12.3.4 Recent Developments
    12.4 Box
        12.4.1 Company Overview
        12.4.2 Product/Service Landscape
        12.4.3 Financial Overview
        12.4.4 Recent Developments
    12.5 Carbonite
        12.5.1 Company Overview
        12.5.2 Product/Service Landscape
        12.5.3 Financial Overview
        12.5.4 Recent Developments
    12.6 AWS
        12.6.1 Company Overview
        12.6.2 Product/Service Landscape
        12.6.3 Financial Overview
        12.6.4 Recent Developments
    12.7 IBM
        12.7.1 Company Overview
        12.7.2 Product/Service Landscape
        12.7.3 Financial Overview
        12.7.4 Recent Developments
    12.8 Microsoft
        12.8.1 Company Overview
        12.8.2 Product/Service Landscape
        12.8.3 Financial Overview
        12.8.4 Recent Developments
    12.9 Google
        12.9.1 Company Overview
        12.9.2 Product/Service Landscape
        12.9.3 Financial Overview
        12.9.4 Recent Developments
    12.10 Oracle
        12.10.1 Company Overview
        12.10.2 Product/Service Landscape
        12.10.3 Financial Overview
        12.10.4 Recent Developments
          12.11 Alibaba Cloud
                       12.11.1 Company Overview
        12.11.2 Product/Service Landscape
        12.11.3 Financial Overview
        12.11.4 Recent Developments
            12.12 VMware
                        12.12.1 Company Overview
        12.12.2 Product/Service Landscape
        12.12.3 Financial Overview
        12.12.4 Recent Developments
              12.13 Rackspace
                        12.13.1 Company Overview
        12.13.2 Product/Service Landscape
        12.13.3 Financial Overview
        12.13.4 Recent Developments
           12.14 HPE
                        12.14.1 Company Overview
        12.10.2 Product/Service Landscape
        12.14.3 Financial Overview
        12.14.4 Recent Developments
           12.15 Dell EMC
                       12.15.1 Company Overview
        12.15.2 Product/Service Landscape
        12.15.3 Financial Overview
        12.15.4 Recent Developments
           12.16 Dropbox
                        12.16.1 Company Overview
        12.16.2 Product/Service Landscape
        12.16.3 Financial Overview
        12.16.4 Recent Developments

The Cloud Storage Market has been segmented as below:

Cloud Storage Market, By Component

  • Services
  • Solutions

Cloud Storage Market, By Type

  • File Storage
  • Block Storage
  • Object Storage

Cloud Storage Market, By Deployment Model

  • Hybrid Cloud
  • Public Cloud
  • Private Cloud

Cloud Storage Market, By Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Cloud Storage Market, By Vertical

  • Healthcare and Life Sciences
  • Government and Public Sector
  • Manufacturing
  • Media and Entertainment
  • Consumer Goods and Retail
  • Banking, Financial Services, and Insurance
  • Telecommunications
  • IT and ITeS
  • Energy and Utilities
  • Education

Cloud Storage Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Cloud Storage Market, By Company

  • Tencent
  • Virtustream
  • Fujitsu
  • Box
  • Carbonite
  • AWS
  • IBM
  • Microsoft
  • Google
  • Oracle

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 22% during the study period (2022-2027)
The global cloud storage market is expected to be around USD 203.5 billion by 2027
The segment included in cloud storage market is Component, Deployment Model, User Type, Organization Size, Vertical and region.
Some key players operating in the cloud storage market include Tencent, Virtustream, Fujitsu, Box, Carbonite, AWS, IBM, Microsoft, Google, Oracle
We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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