AMA Research & Media LLP

Object Storage Market to See Huge Growth by 2027: Google, Microsoft, Qumulo


New Jersey, USA -- (SBWIRE) -- 08/13/2022 -- The latest study released on the Global Object Storage Market by AMA Research evaluates market size, trend, and forecast to 2027. The Object Storage market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
IBM Corporation (United States), Google (United States), Microsoft Corporation (United States), Dell EMC (United States), Hitachi Vantara HCP (Japan), Huawei (China), Qumulo (United States), Scality (United States), NetApp StorageGRID Webscale (United States), Scality Ring (United States), Cloudian Hyperstore (United States)

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Object storage is a modern storage technology concept, which can also define as "cloud object storage". It describes as how to extend local infrastructure with cloud storage capacities and fulfilling a needs to manage hypergrowth to unlock data value on the demand of elasticity, as-a-service pricing, unlimited scale, and global reach. IBM Corporation the major player in the cloud object storage market, which makes storage practically limitless amounts of data, simply and cost-effectively. IBM’s on-premises cloud object storage has come on top in this industry. The cloud object storage market is segmented on the basis of service, cloud deployment, and application.

Market Trends:
- Denser and Cheaper Flash
- AI And Machine Learning Storage Analytics
- Multi-Cloud Data Management
- Composable Infrastructure

Market Drivers:
- Increasing Demand for Technologically Upgraded Services
- Expansion of Professional and Managed Services
- Increasing Awareness about Cost-Effective Cloud Services among Others

Market Opportunities:
- Low Acquisition Cost Remains the Most Common Reason for Enterprises to Choose Object Storage in the On-Premises Data Center

The Global Object Storage Market segments and Market Data Break Down are illuminated below:
by Type (Object Storage, File Storage, Block Storage), Application (Social media platforms, IT and telecommunications platforms, BFSI, Others), Services (Professional services, Managed services), Deployment (Public Cloud, Hybrid Cloud, Private Cloud)

Global Object Storage market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
- -To carefully analyze and forecast the size of the Object Storage market by value and volume.
- -To estimate the market shares of major segments of the Object Storage market.
- -To showcase the development of the Object Storage market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Object Storage market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Object Storage market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Object Storage market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Object Storage Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Object Storage market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Object Storage Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Object Storage Market Production by Region Object Storage Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Object Storage Market Report:
- Object Storage Overview, Definition and Classification Market drivers and barriers
- Object Storage Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Object Storage Market
- Object Storage Capacity, Production, Revenue (Value) by Region (2022-2027)
- Object Storage Supply (Production), Consumption, Export, Import by Region (2022-2027)
- Object Storage Production, Revenue (Value), Price Trend by Type {Object Storage, File Storage, Block Storage}
- Object Storage Market Analysis by Application {Social media platforms, IT and telecommunications platforms, BFSI, Others,}
- Object Storage Manufacturers Profiles/Analysis Object Storage Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
- How feasible is Object Storage market for long-term investment?
- What are influencing factors driving the demand for Object Storage near future?
- What is the impact analysis of various factors in the Global Object Storage market growth?
- What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.

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