According to the recent study the cloud native storage market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 23% to 25% from 2023 to 2028. Growth in this market is primarily driven by increasing investment of advanced technologies, increased agility and productivity, improved scalability reliability, and reduced costs.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in cloud native storage market by component (solutions and services), organization size (large enterprises and SMEs), deployment type (public cloud, private cloud, and hybrid cloud), end use industry (BFSI, government, healthcare and life sciences, telecommunication, IT ITeS, manufacturing, energy utilities, media entertainment, retail consumer goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Solutions market is expected to remain the largest segment during the forecast period.”

Based on component, the cloud native storage market is segmented into solutions and services. Lucintel forecasts that the solutions market is expected to remain the largest segment due to the increased demand for reliable and high-performance storage. Additionally, it helps the organization to tackle fundamental requirements such as availability, data security, and durability.

“Within the cloud native storage market, the BFSI segment is expected to remain the largest end use industry”

Based on end use industry the BFSI segment is expected to witness the highest growth over the forecast period due to the growing need for cloud native technology in banking sector that can improve the efficiency of data aggregation and storage.

“North America will dominate the cloud native storage market in near future”

North America will remain the largest region due to the growing adoption of smart home devices, connected devices, video streaming services, and digital payments that generates heaps of data every day, strong economic landscape, huge IT budgets, high technology assimilation, and early adoption of advanced technologies.

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Major players of cloud native storage market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. IBM, Microsoft, AWS, Alibaba Group, Google, VMWare, Huawei, Citrix, and Robin.io are among the major cloud native storage providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/cloud-native-storage-market.aspx or helpdesk@lucintel.com