Rising demand for cloud storage solutions is also leading to effective data and file management including ease of sharing and collaboration, backup provision, and the capacity to store data for extended durations. Faster build and flexible deployments in addition to easy recovery in the event of hard drive failure or any malfunction are key factors driving revenue growth of the market. According to the 2020 Data Attack Surface Report, over 100 zettabytes (a billion terabytes) of data would be stored on the cloud by 2025. In 2021, cloud data centers will process around 94% of all workloads.

The all-encompassing report on the Cloud Storage market projects the prospective growth of the industry. It gives and extensive analysis of the market size, share, demand, trends, gross revenue, total earnings to draw a forecast of the growth in the years 20## to 20##. The study estimates the potential growth of the industry and the factors responsible for the expansion of the business. The study highlights the driving forces, restrains and hurdles for the growth of the market.

To know more about the report, visit @https://www.emergenresearch.com/industry-report/cloud-storage-market

The study on the Global Cloud Storage Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Cloud Storage market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Cloud Storage industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Cloud Storage industry.

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Top Companies Operating in the Cloud Storage Market and Profiled in the Report are:

Google, Amazon Web Services, Inc., IBM, Dell Inc., Microsoft, Hewlett Packard Enterprise Development LP, Oracle, Alibaba Cloud, Dropbox, and Rackspace Technology.

Emergen Research has segmented global cloud storage market on the basis of component, deployment type, industry, and region:

• Component Outlook (Revenue, USD Billion; 2019-2030)

  • Storage
    1. File storage
    2. Object storage
    3. Block storage
  • Services

• Deployment Type Outlook (Revenue, USD Billion; 2019-2030)

  • Hybrid
  • Private
  • Public

• Industry Outlook (Revenue, USD Billion; 2019-2030)

  • Banking, Financial Services and Insurance (BFSI)
  • Government
  • Retail
  • IT Telecommunications
  • Manufacturing
  • Healthcare
  • Others

Cloud Storage Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Report:

• Study of the global Cloud Storage market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
• Industrial structure analysis of the Cloud Storage market by identification of various sub-segments
• Extensive analysis of key market players along with their SWOT analysis
• Competitive landscape benchmarking
• Analysis of Cloud Storage market based on growth trends, futuristic outlook, and contribution to the total growth of the market
• Analysis of drivers, constraints, opportunities, challenges, and risks in the global Cloud Storage market
• Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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