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Global Cloud Storage Market Is Growing at a CAGR of 21.9% and Expected to Reach USD 207.05 Billion by 2026 from USD 34.60 Billion in 2017

MarketResearchReports.com has announced the addition of “Cloud Storage - Global Market Outlook (2017-2026)” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 01/14/2019 -- Global Cloud Storage Market is accounted for $34.60 billion in 2017 and is expected to reach $207.05 billion by 2026 growing at a CAGR of 21.9% during the forecast period. Rising need for enterprise mobility to improve the efficiency, enhance in cloud adoption across organizations, significant increase in IoT and increasing demand for managed services are some of the factors driving the market growth. However, factors such as lack of network bandwidth and privacy and security concerns regarding cloud storage are hindering the market growth.

Cloud storage allows enterprises to store information on remote servers that can be accessed through internet. These remote servers are maintained, operated and managed by cloud storage facility providers. It is mostly a virtual mode of data storage. The data stored on cloud can be accessed and shared across strategy through internet.

Based on End User, Banking, Financial Services, and Insurance (BFSI) segment accounted for significant market share during the forecast period due to highly secured data storage and generation of large data volumes. This can access improved security description through the security tools that attend the cloud storage solutions and services. By geography, North America is held the largest share during the forecast period. North America is a developed market in terms of cloud implementation, due to advanced Information Technology (IT) infrastructure, various factors, presence of a large number of enterprises, such as standards, regulations, and the availability of proficient technical expertise.

Some of the key players profiled in the Cloud Storage Market include Amazon Web Services, Inc., At&T, Inc., Box, Inc., Dell EMC, Dropbox, Fujitsu Ltd., Google, Hewlett-Packard Company, IBM, Microsoft Corporation, Oracle, Rackspace Hosting, Inc., VMWare, Inc., Alphabet, Inc., EMC Corporation and HP Enterprise Company.

Deployments Covered:
- Hybrid Cloud
- Private Cloud
- Public Cloud

Organization Sizes Covered:
- Small and Medium Business
- Large Enterprises

Types Covered:
- Service
- Solution

End Users Covered:
- IT and Telecommunications
- Research and Education
- Entertainment and Media
- Manufacturing
- Healthcare & Life Sciences
- Government & Public Sector
- Energy and Utilities
- Consumer Goods and Retail
- Banking, Financial Services, and Insurance
- Travel & Hospitality
- Other End Users

Regions Covered:
- North America
US
Canada
Mexico

- Europe
Germany
UK
Italy
France
Spain
Rest of Europe

- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific

- South America
Argentina
Brazil
Chile
Rest of South America

- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Spanning over 169 pages "Cloud Storage - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Cloud Storage Market, By Deployment, Global Cloud Storage Market, By Organization Size, Global Cloud Storage Market, By Type, Global Cloud Storage Market, By End User, Global Cloud Storage Market, By Geography, Key Developments, Company Profiling. This report Covered Companires few are - Amazon Web Services, Inc., At&T, Inc., Box, Inc., Dell EMC, Dropbox, Fujitsu Ltd., Google, Hewlett-Packard Company, IBM, Microsoft Corporation.

Please visit this link for more details: https://www.marketresearchreports.com/stratistics-mrc/cloud-storage-global-market-outlook-2017-2026

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