US Storage-as-a-Service (STaaS) Market to Rise at a CAGR of 33.40% over 2015-2019
The storage as a service (STaaS) market in the US to grow at a CAGR of 33.40% over the period 2014-2019. Storage-as-a-service (STaaS) is flexible and enables service providers to efficiently deploy automated services for managing, recovering, and archiving data. In a STaaS model, enterprises lease their storage infrastructure to a cloud service provider (CSP) to store their business data. Service level agreements (SLAs) are signed between the concerned parties to facilitate this migration.
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