Global Cloud Storage Market Size Analysis, 2018-2028

REPORT ID: BKR673 Domain: ICT Published Date: April 2018

 

 

The Global Cloud Storage Market Size is estimated to be valued at USD 27 billion in 2018.

Cloud computing has changed the way organization used to perform business. The platform – is in fact a highly scaled and automated technology platform capable of lowering the operational expenses and thereby enhance ROI.

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cloud storage market size analysis

Cloud Storage Industry Outlook, 2018-2028

The rate of hosting the data on cloud is comparatively 30 to 60X lower than server based data. Moreover, its agile nature offers higher speed for putting new applications on infrastructure. This makes business transactions streamline compared to other setup mode. It is highly reliable from security point of view as most of the time the data is encryphttps://bekryl.com/wp-admin/post-new.php?post_type=download#ted.

Surging data at a very high rate will lead to all types of industries to host their data on cloud. This will be supported by the fact that technological advancement will further lower the cloud hosting platform prices. In recent past few years, corporate spending on cloud platform has increased manifold. Over 71% of large scale enterprises are actively leveraging cloud service to streamline their business process. Percent penetration is expected to increase further in near future.

The industry is particularly lucrative to storage service providers. Various startups were able to enhance business operation – turning into major Cloud service providers. Recently, Dropbox went public in 2018. The move will further help company to generate high cash flow and meet the business expansion plans.

Global Cloud Storage Market Analysis, By Organization Type

Mid-scale enterprises are expected to dominate the global adoption of cloud storage market. In 2017, over 56% of overall deployment was in mid-scale enterprises. This has helped companies to lower their operational expenses and generate higher ROI by almost 13%. Cloud storage market is growing annually at over 16% among mid-scale enterprises. As per the estimates, most of these enterprises are located across EU-5 and U.S.

The percent penetration in small scale industries is relatively lower than that of giant and mid-scale companies. However, will register fastest growth during the forecast period. Given their small and dynamic nature along with limited IT capabilities, small scale organizations are looking for cloud with custom requirements. Cloud service providers need to strategically put their efforts towards SMB to generate higher revenue along with stabilize their business operations in long term.

Global Cloud Storage Market Analysis, By Deployment Type

Public cloud deployment will dominate the global share throughout the forecast period. In 2017, it accounted for over 66% of global cloud storage market share. Lower hosting cost along with flexibility in data storage has led to wide scale SMB to undertake public cloud system.

Global Cloud Storage Market Analysis, By Type:

Cloud storage solutions will dominate the global share. Facilities including data archiving and backup facilities will be the key centric focus for companies offering solutions to end-users.

Global Cloud Storage Market Size Analysis, By Industry Vertical

IT and BFSI will collectively account for over 57% of global share in 2018. Banking and finance sector is investing heavily on IT solutions to not only lower the operational expenses but also enable security enriched feature for data protection. Increased spending on analytics and UPI platforms by BFSI will ultimately create good business scenario for cloud storage service providers.

Global Cloud Storage Market Size and Forecast, Regional Analysis:

Globally, North America will dominate the cloud storage market size. It accounted for over 46% of global share in 2017. Asia Pacific will register fastest growth during the forecast period. Increasing FDI and rise in IT spending especially in South East Asia will create favorable business environment for cloud service provider companies in Asia Pacific.

In Asia Pacific, India and China will account for over 60% of regional share. The percent penetration will further increase with changing business dynamics. As such, there is very high opportunity for industry players to capitalize the growing industry.

Global Cloud Storage Market Size and Forecast: Competition Landscape

Some key Cloud Storage market players are IBM Corporation, Microsoft Corporation, Google Inc., VMware. Oracle Corporation, Nasuni Corporation, Zadara Storage, Qumulo, Amazon Web Services, Dropbox, Hewlett Packard Enterprise Development LP, and EMC Corporation.

Cloud Storage Market Industry Segmentation

By Industry Vertical Type:

  • BFSI
  • IT
  • Telecom
  • Government Organizations
  • Media and Entertainment
  • Retail and Commerce
  • Transport and Logistics
  • Healthcare
  • Educational Institutes
  • R&D Centers
  • Others

By Deployment:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Organization:

  • Large Scale Enterprises
  • Mid-scale Enterprises
  • Small Scale Enterprises
  • Startups

By Component:

  • Software
    • Primary Storage
    • Data Archiving
    • Backup Storage
  • Services
    • Training
    • Data Integration and Migration Services
    • Managed Services
    • Support Services

What Will You Discover in the Report?

  • An in-depth analysis of the Cloud Storage market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Cloud Storage market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Cloud Storage market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Cloud Storage industry during the forecast period
  • Who are the Cloud Storage industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

Purchasing of Cloud Storage market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Cloud Storage Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Cloud Storage Market Value
    • Overall Market Forecast
    • Cloud Storage Growth Outlook, By Segments
    • Cloud Storage Growth Scenario, by Region
  6. The Cloud Storage Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Cloud Storage Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition and Compliances, By Selected countries
  8. Global Cloud Storage Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Cloud Storage Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Cloud Storage Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Cloud Storage Industry Size and Forecast, By Segments
  • BFSI
  • IT
  • Telecom
  • Government Organizations
  • Media and Entertainment
  • Retail and Commerce
  • Transport and Logistics
  • Healthcare
  • Educational Institutes
  • R&D Centers
  • Others

By Deployment:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Organization:

  • Large Scale Enterprises
  • Mid-scale Enterprises
  • Small Scale Enterprises
  • Startups

By Component:

  • Software
    • Primary Storage
    • Data Archiving
    • Backup Storage
  • Services
    • Training
    • Data Integration and Migration Services
    • Managed Services
    • Support Services
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Cloud Storage Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Cloud Storage Market, By Segments (As mentioned in section 10 of TOC)
    • S. Cloud Storage Market Size and Forecast, By Segments
    • Canada Cloud Storage Market Size and Forecast, By Segments
  2. Latin America Cloud Storage Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Cloud Storage Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Cloud Storage Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Cloud Storage Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Cloud Storage industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Cloud Storage Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Cloud Storage Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Cloud Storage Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Cloud Storage Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Cloud Storage industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Cloud Storage Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Cloud Storage Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Cloud Storage Market, By Segments (As mentioned in section 10 of Cloud Storage Market TOC)
    • Russia Cloud Storage Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Cloud Storage industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Cloud Storage Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Cloud Storage Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Cloud Storage Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Cloud Storage Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Cloud Storage industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Cloud Storage Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Cloud Storage Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Cloud Storage Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Cloud Storage Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Cloud Storage industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Cloud Storage Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Cloud Storage Industry Size and Forecast, (2017-2027)
    • Africa Cloud Storage Industry Share (%)
    • Africa Cloud Storage Industry Growth Forecast (%)
    • South Africa Cloud Storage Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Cloud Storage industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Cloud Storage Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • IBM Corporation,
      • Microsoft Corporation,
      • Google Inc.,
      • Oracle Corporation,
      • Nasuni Corporation,
      • Zadara Storage,
      • Qumulo,
      • Amazon Web Services,
      • Dropbox,
      • Hewlett Packard Enterprise Development LP,
      • EMC Corporation
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Cloud Storage industry TOC and sample research pages, download sample.

Cloud Storage Market Report Structure

Cloud Storage Industry Dynamics

This section enables Cloud Storage industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Cloud Storage market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Cloud Storage industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Cloud Storage Industry Trends
  • Cloud Storage Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Cloud Storage Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Cloud Storage industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Cloud Storage industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Cloud Storage market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Cloud Storage Market Size

  • S.
  • Canada

Latin America Cloud Storage Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Cloud Storage Market value analyzed across each Latin America country)

Western Europe Cloud Storage Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Cloud Storage Market value analyzed across each Western Europe country)

Central and Eastern Europe Cloud Storage Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Cloud Storage Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Cloud Storage Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Cloud Storage Market value analyzed across each Asia Pacific country)

Middle East Cloud Storage Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Cloud Storage Market value analyzed across each Middle East country)

Africa Cloud Storage Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

Cloud Storage Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Cloud Storage Market Growth Forecasting Methodology

In order to prepare historical data and analyze Cloud Storage market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Cloud Storage market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Cloud Storage market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Cloud Storage industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

Cloud Storage Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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