Cloud Storage Market Is Expected to Reach $97,415 Million, Globally, by 2022
The hybrid deployment mode was the highest contributor in 2015, accounting for around 64.8% of the global market. This segment possesses high growth potential with extended use of both private and public cloud. Moreover, cloud storage adoption is expected to witness high growth rate, owing to primary consideration of data storage, document management, storage security, public portal management, and many other application needs by the growing number of SMEs in the regions including Asia-Pacific and Latin America.
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