Maximize Market Research's latest report, " Global Cloud Storage Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Cloud Storage Market was valued US$ 44.22 Bn in 2019, and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during forecast period.
Global Cloud Storage Market Overview
Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained and managed by cloud storage facility providers. It is commonly a virtual mode of data storage. Data stored on cloud can be accessed and shared across strategy with internet.
Growing demand for low cost data storage, backup, and data protection enhances the growth of cloud storage market between numerous user groups including small, medium, and large enterprises. Additionally, numerous industry verticals like BFSI, retail, healthcare, and public sector with a large customer base to store critical business information of investors in cloud storage, because of data privacy and client information, which in turn expand the global cloud storage market growth.
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Global Cloud Storage Market Major Market Players
• AWS
• Microsoft
• IBM
• Google
• Oracle
• Rackspace
• VMware
• Dell EMC
• Dropbox
• Amazon Web Services, Inc.
• Hewlett Packard Enterprise Development LP
• Red Hat, Inc.
• At&T, Inc.
• Box, Inc.
• Fujitsu Ltd, Inc.
• Alphabet, Inc.
• EMC Corporation
• HP Enterprise Company.
• Alibaba Cloud
• pCloud AG
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Cloud Storage Market by Types and Applications:
Global Cloud Storage Market, by Type:
• Solutions
• Services
Global Cloud Storage Market, by Deployment Model:
• Private Cloud
• Public Cloud
• Hybrid Cloud
Global Cloud Storage Market, by Organization Size:
• SME’s Enterprises
• Large Enterprises
Global Cloud Storage Market, by Vertical:
• Banking, Financial Services, and Insurance
• Government and Public Sector
• Telecommunications and Ites
• Manufacturing
• Healthcare and Life Sciences
• Consumer Goods and Retail
• Media and Entertainment
Global Cloud Storage Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
The report has covered the market size by country (regions) for the global Cloud Storage market. Segment by Application. The Cloud Storage Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Cloud Storage Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Cloud Storage Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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