The Global Cloud Storage Market is Segmented by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. Regional segmentation: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia. In the United States IT sector, it was estimated that in the past three years, BYOD adoption witnessed an increase of 44.42%. The Best Cloud Storage and File-Sharing Services for 2020. According to Accenture in 2019, the Digital-only banks operating in the U.K. could amass a total of 35 million customers globally within a period of 12 months. According to a study published by CenturyLink, a telecommunications company, the cloud computing technology is expected to generate revenue of USD 411 billion by 2020, across the world. The research document has been put together in a manner that aids companies in better understanding the prevailing trends and identifying future growth prospects to make well-informed decisions. Cloud storage is a service model that offers a platform to maintain, manage, and backup data remotely and at the same time, ensure data availability to users over a network (typically the Internet). Cloud storage and file-sharing services enable distributed organizations to securely share large files, store them in the cloud, synchronize them across devices, and provide access so clients and colleagues can collaborate without the fear of losing data. The public cloud deployment model held over 50% of the Europe cloud computing market share in 2018 as this deployment model supports resource sharing by multiple enterprises to … 4.2 Introduction to Market Drivers and Restraints, 4.3.1 Increase in Cloud Adoption Across Organizations, 4.3.2 Increase in Demand for Hybrid Cloud, 4.3.3 Growing Demand for Low-cost Storage and Faster Data Accessibility, 4.4.1 Privacy and Security Concerns regarding Cloud Storage, 4.5 Industry Attractiveness - Porter's Five Force Analysis, 4.5.2 Bargaining Power of Buyers/Consumers, 8. Global Storage as a Service (STaaS) market expected to surge at a whopping CAGR of 16.4% between 2020 and 2030 Demand for STaaS will see an explosion as a third of companies’ IT budget is for cloud services Storage as a Service to be the backbone of companies as cloud computing becomes mainstream with 90% business opting for better solutions What are the trending factors influencing the market shares? We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place. To understand geography trends, Download Sample Report. What are the risks and challenges in front of the market? Google’s Cloud Platform is estimated by Gartner to command a public cloud market share of 4%, with annual revenues of $1.3 billion and growth of 60% in 2018. Basic business information, along with product portfolio comprising detailed specifications and top applications. In 2018, the global Consumer Cloud Storage Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. One of the highest-growth secular tech trends of the 2020s will be cloud computing. Cloud storage enables the user to store the data on the Internet through a cloud computing provider that manages and operates data storage as a service. Consumer Cloud Storage Services Latest Research Report. For instance, in February 2018, Google opened its first  Google Cloud Platform (GCP) region in Canada, with reduced prices for Google Cloud Storage infrequent access and cold storage classes, as well as its Nearline Storage features, for users in the region. Some of the prominent players in the market through strategic partnerships, mergers & acquisitions, research & developments have been able to further the technology. Updates on mergers, acquisitions, and expansion plans of leading players. GLOBAL CLOUD STORAGE MARKET FORECAST 2019-2027 Cloud Storage Market by Deployment (Public Cloud, Private Cloud) by Organization Size (Large Enterprise, Small Medium Business) by End Users (Banking, Financial Services & Insurance, Telecommunication, Consumer Goods & Retail, Media & Entertainment, Healthcare & Life Sciences, Government & Other End Users) by Solutions ( Primacy Storage… Moreover, cheap and secure storage options result in rapid industrial development. For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies. Gartner projects global public cloud revenue will grow 17% in 2020 to $266.4 billion. Projected growth rate of the industry over the analysis timeline, backed with a comparative study of the historical data and current market scenario is included. The market overview, market dynamics, market growth, etc. As worldwide server revenue reached $24 billion in the second quarter of 2020 amid the COVID-19 pandemic, Hewlett Packard Enterprise and Dell Technologies are neck and neck in market-share … is a hub for market intelligence products and services. Examination of the competitive hierarchy based on market concentration ratio of the listed companies. Cloud Storage Services Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast. While free platforms like Dropbox and iCloud continue to excel as the most popular free file storage services, Amazon Web Services appear to be the clear winner according to cloud computing stats in 2020 1. To understand key trends, Download Sample Report. North America is expected to hold a significant share owing to early adoption of new technologies,  huge investments in R&D for the cloud-based solutions, and enhanced IT infrastructure. Cloud Storage Market Size, Share - Growth, Trends, and Forecast (2020 - 2025) The Global Cloud Storage Market is Segmented by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. This report is a valuable asset for the existing players, new entrants, and future investors. Moreover, it suggests strategies to tackle the challenges and threats plaguing the business sphere. This report focuses on the global Consumer Cloud Storage Services status, future forecast, growth opportunity, key market and key players. Global Consumer Cloud Storage Services Market Size, Share, Growth Survey 2020 to 2026 and Industry Analysis Report By Market Study Report Date: 2020-08-06 Product ID: 2831496 In the latest Consumer Cloud Storage Services market report, numerous aspects pivotal to the industry augmentation in the recent past as well as the key global developments are analyzed to help businesses stay ahead … JPMorgan Chase in its 2018 annual report stated that the company had hit average mobile customers mark of 33.3 million, a number that was by 11% with Total active digital customers being 49.3 million. Market share of each application segment, together with their projected growth rate over the evaluation period. This report segments the market by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. This report covers COVID-19 impact analysis on Cloud Storage Market Also, the increasing initiatives from the government or related regulatory bodies pertaining to the storage of large volumes data are propelling the institutions to opt for cloud storage. As Financial services organizations worldwide in order to store and retain large volumes of communications are under increasing pressure from MiFID II, MAR, Dodd-Frank and FX Code of Conduct as regulations mandate recording of greater numbers of regulated users, asset classes, channels & devices. Application spectrum: Adults and Teenagers. Hence, with the growing number of mobile workers in organizations and workplaces, there has been a subsequent rise in the data generated and managed. Details regarding consumption value and volume of each applications. Market share held by all product segments. The key questions answered in this report: Significant Point Mentioned in the Research report: Major Points Covered in Table of Contents: Request Customization on This Report @ https://www.aeresearch.net/request-for-customization/265966. Software as a Service (SaaS) segment dominated the cloud computing market with a share of over 54% in 2019 owing to its flexible costs, easy maintenance, and deployment. It helps in understanding the major key product segments. Key growth drivers and opportunities that are slated to influence to profitability graph of the industry over the assessment period are highlighted in the report. Insights pertaining to manufacturing plants of the manufacturers and their base-of-operations across the various geographies. Global Consumer Cloud Storage Services Market Size, Share, Growth Survey 2020 to 2026 and Industry Analysis Report, https://www.aeresearch.net/request-sample/265966, https://www.aeresearch.net/request-for-customization/265966, Product types: Below 18 Years, 18-40 Years and Above 40 Years. Based on the service type, the cloud infrastructure services market is segmented into computing as a service, storage as a service, disaster as a service, networking as a service, desktop as a service and managed hosting. Remuneration accrued by each product type. Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities. Also, the hybrid cloud deployment is occupying a continuously increasing share in the cloud market. The business sphere development have been able to further the technology amazon web Services has the largest cloud computing billion! 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