Cloud Storage Market: Size, Share, Price, Trends, Report, and Forecast 2023-2029

Global Cloud Storage Market Overview:

In 2019, the global Cloud Storage market size was valued at US$ 78.59 Bn. by 2022, and it is projected to reach US$ 241.59 Bn. by 2029, growing at a compound annual growth rate (CAGR) of 17.4% during the forecast period.

Market Overview:

This study aims to provide an in-depth analysis of the Cloud Storage market segmented by component, application, industry, and geography. It examines the key drivers and challenges influencing the market's growth and offers a detailed assessment of the market's value chain.

Market Scope:

The research methodology begins with secondary research to gather revenue data from key suppliers. Vendor offerings are considered when determining market segmentation. The overall market size of the Cloud Storage market is calculated using a bottom-up approach based on the revenues of significant companies.

Drivers and Restraints:

The report covers major factors driving and restraining the growth of the Cloud Storage market.

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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 Players:

The report profiles major players in the Cloud Storage market, including:

• Amazon Web Services, Inc (US)
• Google (US)
• Microsoft (US)
• IBM (US)
• Wasabi (US)
• Oracle (US)
• Rackspace Technology (US)
• Hewlett Packard Enterprise (US)
• Dell Technologies (US)
• Dropbox (US)
• VMware (US)
• NetApp (US)
• Hitachi Vantara (US)
• Scality (US)
• Citrix (US)
• DigitalOcean (US)
• Zadara (US)
• Cisco Systems, Inc. (US)
• Data direct Networks (US)
• MongoDB, Inc. (US)
• Alibaba Cloud (China)
• Tencent Cloud (china)
• Huawei (China)
• Fujitsu (Japan)
• UpCloud Ltd (Finland)
• pCloud (Switzerland)
• Degoo (Sweden)
• Rohde & Schwarz (Germany)
• Mecalux, S.A. (Spain)

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Regional Analysis:

Market share statistics for the global market and specific regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, are provided. Maximize Market Research analysts conduct individual competitive strength evaluations and competitive analyses for each competitor.

COVID-19 Impact Analysis on Cloud Storage Market:

The COVID-19 pandemic has affected various industries, including aerospace and defense, agriculture, automotive, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance. The pandemic's impact on the Cloud Storage market is also assessed, including the growth rate changes from 2019 to 2020. Our latest inquiries and insights are crucial for businesses and organizations in the Cloud Storage industry navigating the COVID-19 crisis, providing reliable information and guidance to executives.

Key Questions Answered in the Cloud Storage Market Report:

Which segment held the largest market share in the Cloud Storage market?
What was the competitive landscape of the Cloud Storage market in 2020?
What are the key factors driving the growth of the Cloud Storage market?
Which region held the maximum market share in 2020?

About Maximize Market Research:

Maximize Market Research is a comprehensive market research and consulting firm with expertise in various industries, including medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. Our services include market-verified industry estimates, technical trend analysis, critical market research, strategic advice, competitive analysis, production and demand analysis, and client impact studies.