The Global Cloud Storage Market is expected to reach USD 170.02 billion by 2025, at a CAGR of 24.74% during the forecast period 2020-2025. This has resulted in a massive surge in the generation of data which is propelling such institutions to have cloud storage in place. Basic business information, along with product portfolio comprising detailed specifications and top applications. Request Sample Copy of this Report @ https://www.aeresearch.net/request-sample/265966. Totals sales and revenue records of each region. The increasing data breaches in the banking sector is propelling the banks to adopt cloud storage that allows them to store data in a space managed and owned by the bank or a third party that offers better security to the end-user. This in itself is indicative of the fact that such an increase would require solutions like cloud storage to handle the surge thereby boosting the growth of the cloud storage over the forecast period. the competitive rivalry in the cloud storage market is high owing to the presence of some major players such as Microsoft, IBM, Oracle, amongst others. In 2018, the global Consumer Cloud Storage Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. © 2020 aeresearch.net. The cloud data storage services are paid on a per-consumption, and monthly rate. Report scope can be customized per your requirements. What are the risks and challenges in front of the market? This is expected to boost the adoption of the cloud storage over the forecast period. Which are the global opportunities for expanding the Global Consumer Cloud Storage Services Market? What are the key outcomes of Porter’s five forces model? Global Consumer Cloud Storage Services Market Size, Share, Growth Survey 2020 to 2026 and Industry Analysis Report, https://www.aeresearch.net/request-sample/265966, https://www.aeresearch.net/request-for-customization/265966, Product types: Below 18 Years, 18-40 Years and Above 40 Years. The market overview, market dynamics, market growth, etc. Cloud storage enables the user to store the data on the Internet through a cloud computing provider that manages and operates data storage as a service. The research document has been put together in a manner that aids companies in better understanding the prevailing trends and identifying future growth prospects to make well-informed decisions. Cloud Storage Market Size, Share - Growth, Trends, and Forecast (2020 - 2025) The Global Cloud Storage Market is Segmented by Solution (Cloud Storage Gateway, Primary Storage, Backup Storage, Data Archiving), Service (Managed Services, Professional Services), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User, and Geography. Cloud Storage Services Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast. Market Study Report, LLC. It offers an analysis of changing competitive scenario. Regional segmentation: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia. Remuneration accrued by each product type. North America is expected to hold a significant share owing to early adoption of new technologies,  huge investments in R&D for the cloud-based solutions, and enhanced IT infrastructure. This report focuses on the global Consumer Cloud Storage Services status, future forecast, growth opportunity, key market and key players. The public cloud deployment model held over 50% of the Europe cloud computing market share in 2018 as this deployment model supports resource sharing by multiple enterprises to … We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place. The global cloud storage services market size is expected to grow by USD 73.21 billion during 2020-2024, according to Technavio. Sep 24, 2020 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry." Cloud storage is based on highly virtualized infrastructure and is like broader cloud computing in terms of interfaces, near-instant elasticity and scalability, multi-tenancy, and metered resources. A survey by Cisco reported that 69% of the IT decision makers favor BYOD as an optimistic addition to workplace policy as it saves workers time. According to RightScale 2018 State of the Cloud Survey Report, 81% of enterprises have a multi-cloud strategy and 51% of the enterprises with a hybrid strategy. Complete Market Research, Market Analysis, CAGR, Trends, Major Players, Market Share, Market Size. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. This report is a valuable asset for the existing players, new entrants, and future investors. Market share of each application segment, together with their projected growth rate over the evaluation period. According to a study published by CenturyLink, a telecommunications company, the cloud computing technology is expected to generate revenue of USD 411 billion by 2020, across the world. Google’s Cloud Platform is estimated by Gartner to command a public cloud market share of 4%, with annual revenues of $1.3 billion and growth of 60% in 2018. Global Consumer Cloud Storage Services Market Size, Share, Growth Survey 2020 to 2026 and Industry Analysis Report By Market Study Report Date: 2020-08-06 Product ID: 2831496 In the latest Consumer Cloud Storage Services market report, numerous aspects pivotal to the industry augmentation in the recent past as well as the key global developments are analyzed to help businesses stay ahead … This also is expected to boost the adoption of the cloud storage over the forecast period. All Rights Reserved to Mordor Intelligence. is a hub for market intelligence products and services. 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