Cloud Storage Market Analysis & Forecast, 2020 – 2025

Report Code - ICT2020930A | Industry - Information and Communications Technology | Published on - October, 2020 | Pages - 155 | Format -

Cloud Storage Market by Component (Solutions, Services), Solutions (Primary Storage, Disaster Recovery and Backup, Cloud Storage Gateway, Data Archiving), Enterprise Size, Industry – Global Market Analysis and Forecast (2020 – 2025)




The global cloud storage market generated revenue of US$ 47.7 billion in 2020 and is expected to reach US$ 137.4 billion by 2025 with a CAGR of 23.6% in the forecast period. The cloud storage market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global cloud storage market. In qualitative terms, the cloud storage market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of cloud storage in various segments such as by component, enterprise size, industry at global, regional, and country-level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.

Segment Analysis

  • Solutions segment accounts the dominating position in the market.  
    • Based on components, the cloud storage market is segmented into solutions and services. The solutions segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. The solutions segment is further segmented into primary storage, disaster recovery and backup, cloud storage gateway, data archiving. The primary storage solution type is projected to have the largest market share in the forecast period. Moreover, the service segment is expected to grow with the highest CAGR in the forecast period. The service segment is further segmented into professional and managed services. The professional service segment accounts the dominant position in the market in 2020 whereas the managed service segment is expected to grow with the highest CAGR in the forecast period.
  • Large Enterprises segment accounts the dominating position in the market. 
    • Based on enterprise size, the cloud storage market is segmented into small & medium enterprises and large enterprises. The small & medium enterprises segment is expected to grow with the highest CAGR during the forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period.
  • Banking, financial services, and insurance (BFSI) segment account the dominating position in the market. 
    • Based on industry, the market for cloud storage is segmented into banking, financial services, and insurance (BFSI), healthcare and life sciences, telecommunications, IT and information technology-enabled services (ITES), energy and utilities, education, government and public sector, manufacturing, consumer goods and retail, media and entertainment and others. Over the projection period, banking, financial services, and insurance segment hold the dominating position in the market in 2020 and are expected to retain its dominance throughout the forecast period.
  • North America accounts the dominating position in the market. 
    • Based on the region, the cloud storage market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to contribute the larger market share in 2020. The United States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven countries in the world.
  • Cloud Storage Market Players: 
    • Some of the major players of cloud storage market are Amazon Web Services, Inc., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Google LLC, Alibaba Group, VMware, Inc., Rackspace Inc., Hewlett Packard Enterprise, Dell EMC. The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances and mergers and acquisitions to create disruptive technologies and consumer networks.
  • Key questions the report answers 
    • Which factors will contribute to a change in the demand for cloud storage during the evaluation phase?
    • What are the major driving factors that accelerate the growth of the market?
    • What are the restraints which hinders the growth of the market?
    • What segment offers the most development opportunities?
    • Which region provides the key growth opportunity to the market?
    • Who are the major industry players?
    • What are the key strategies adopted by the market players?

The cloud storage market study offers both quantitative and qualitative analysis based on various segments and regions. The report points out the market revenue from 2019 to 2025, in which 2019 is considered to be the historical year, 2020 as the base year and from 2021 to 2025 as the projection year. Market revenue is measured in the US dollar.

The cloud storage market report provides a detailed study on the following segments:

Cloud Storage Market, by Component

  • Solutions 
    • Primary Storage
    • Disaster Recovery And Backup
    • Cloud Storage Gateway
    • Data Archiving
  • Services 
    • Professional Services
    • Managed Services

Cloud Storage Market, by Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

Cloud Storage Market, by Industry

  • Banking, Financial Services, And Insurance (BFSI)
  • Consumer Goods and Retail
  • Education
  • Energy and Utilities
  • Government and Public Sector
  • Healthcare and Life Sciences
  • IT and Information Technology-Enabled Services (ITES)
  • Manufacturing
  • Media and Entertainment
  • Telecommunications
  • Others

Cloud Storage Market, by Region

  • North America 
    • U.S.
    • Canada
  • Europe 
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe 
  • Asia Pacific 
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • Latin America 
    • Brazil
    • Mexico
    • Rest of Latin America

 

  1. Introduction             
  2. Market Overview
    1. Global Cloud Storage Market Introduction         
    2. Macro- Economic Factor
    3. Market Determinants
      1. Market Driver
      2. Market Restraints
      3. Market Opportunities
      4. Market Challenges
    4. Value Chain Analysis
    5. Technology/Product Roadmap
    6. Porters 5 Force Model
    7. Market Growth Opportunity Analysis
  3. Market Segmentation
    1. Global Cloud Storage Market Analysis (US$ Mn), By Component, 2019 - 2025
      1. Solutions
        1. Primary storage
        2. Disaster recovery and backup
        3. Cloud storage gateway
        4. Data archiving
      2. Services
        1. Professional Services
        2. Managed Services
    2. Global Cloud Storage Market Analysis (US$ Mn), By Enterprise Size, 2019 – 2025
      1. Small & Medium Enterprises
      2. Large Enterprises
    3. Global Cloud Storage Market Analysis (US$ Mn), By Industry, 2019 – 2025
      1. Banking, Financial Services, and Insurance (BFSI)
      2. Healthcare and life sciences
      3. Telecommunications
      4. IT and Information Technology-enabled Services (ITES)
      5. Energy and Utilities
      6. Education
      7. Government and public sector
      8. Manufacturing
      9. Consumer goods and retail
      10. Media and entertainment
      11. Others (travel and hospitality and transportation and logistics)
  4. Regional Analysis
    1. North America Cloud Storage Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. U.S.
        2. Canada
      2. By Component
        1. Solutions
          1. Primary storage
          2. Disaster recovery and backup
          3. Cloud storage gateway
          4. Data archiving
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Enterprise Size
        1. Small & Medium Enterprises
        2. Large Enterprises
      4. By Industry
        1. Banking, Financial Services, and Insurance (BFSI)
        2. Healthcare and life sciences
        3. Telecommunications
        4. IT and Information Technology-enabled Services (ITES)
        5. Energy and Utilities
        6. Education
        7. Government and public sector
        8. Manufacturing
        9. Consumer goods and retail
        10. Media and entertainment
        11. Others (travel and hospitality and transportation and logistics)
    2. Europe Cloud Storage Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
      2. By Component
        1. Solutions
          1. Primary storage
          2. Disaster recovery and backup
          3. Cloud storage gateway
          4. Data archiving
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Enterprise Size
        1. Small & Medium Enterprises
        2. Large Enterprises
      4. By Industry
        1. Banking, Financial Services, and Insurance (BFSI)
        2. Healthcare and life sciences
        3. Telecommunications
        4. IT and Information Technology-enabled Services (ITES)
        5. Energy and Utilities
        6. Education
        7. Government and public sector
        8. Manufacturing
        9. Consumer goods and retail
        10. Media and entertainment
        11. Others (travel and hospitality and transportation and logistics)
    3. Asia Pacific Cloud Storage Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific
      2. By Component
        1. Solutions
          1. Primary storage
          2. Disaster recovery and backup
          3. Cloud storage gateway
          4. Data archiving
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Enterprise Size
        1. Small & Medium Enterprises
        2. Large Enterprises
      4. By Industry
        1. Banking, Financial Services, and Insurance (BFSI)
        2. Healthcare and life sciences
        3. Telecommunications
        4. IT and Information Technology-enabled Services (ITES)
        5. Energy and Utilities
        6. Education
        7. Government and public sector
        8. Manufacturing
        9. Consumer goods and retail
        10. Media and entertainment
        11. Others (travel and hospitality and transportation and logistics)
    4. Middle East & Africa Cloud Storage Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Middle East
        2. Africa
      2. By Component
        1. Solutions
          1. Primary storage
          2. Disaster recovery and backup
          3. Cloud storage gateway
          4. Data archiving
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Enterprise Size
        1. Small & Medium Enterprises
        2. Large Enterprises
      4. By Industry
        1. Banking, Financial Services, and Insurance (BFSI)
        2. Healthcare and life sciences
        3. Telecommunications
        4. IT and Information Technology-enabled Services (ITES)
        5. Energy and Utilities
        6. Education
        7. Government and public sector
        8. Manufacturing
        9. Consumer goods and retail
        10. Media and entertainment
        11. Others (travel and hospitality and transportation and logistics)
    5. Latin America Cloud Storage Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
      2. By Component
        1. Solutions
          1. Primary storage
          2. Disaster recovery and backup
          3. Cloud storage gateway
          4. Data archiving
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Enterprise Size
        1. Small & Medium Enterprises
        2. Large Enterprises
      4. By Industry
        1. Banking, Financial Services, and Insurance (BFSI)
        2. Healthcare and life sciences
        3. Telecommunications
        4. IT and Information Technology-enabled Services (ITES)
        5. Energy and Utilities
        6. Education
        7. Government and public sector
        8. Manufacturing
        9. Consumer goods and retail
        10. Media and entertainment
        11. Others (travel and hospitality and transportation and logistics)
  5. Competitive Analysis
    1. Company Share Analysis (%) 2019
    2. List of Acquisition, Merger, Collaboration & New Product Launch
  6. Company Profiles
    1. Alibaba Group
    2. Amazon Web Services, Inc.
    3. Dell EMC
    4. Google LLC
    5. Hewlett Packard Enterprise
    6. International Business Machines Corporation
    7. Microsoft Corporation
    8. Oracle Corporation
    9. Rackspace Inc.
    10. VMware, Inc.

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