What is Cloud Native Storage?
Cloud Native Storage is a new paradigm for developing and running software applications that incorporates technological trends such as cloud computing, containerization, serverless, and micro services. Cloud-native storage is a type of storage technology that is intended to be used in a cloud-native environment. A cloud-native storage platform manages data for stateful applications and solves ongoing data storage challenges in Kubernetes or other cloud-native infrastructure-based cloud-native environments. Object storage solutions in a distributed architecture can be based on modern object storage technology, block storage, or traditional disc drives. The Cloud Native Computing Foundation describes the nature of cloud-native tools and environments, which most cloud-native storage solutions mimic (CNCF). Scalability, high availability, vendor neutrality, security, resiliency, manageability, observability, declarative deployment, and API-based automation are among the features.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Microsoft (United States), IBM (United States), AWS (United States), Google (United States), Alibaba Cloud (China), Hewlett Packard Enterprise (United States), Dell Technologies (United States), NetApp (United States), Pure Storage (United States) and SUSE (Germany) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Primary Storage, Backup & Disaster Recovery and Archiving) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cloud Native Storage market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Cloud Native Storage market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Microsoft (United States), IBM (United States), AWS (United States), Google (United States), Alibaba Cloud (China), Hewlett Packard Enterprise (United States), Dell Technologies (United States), NetApp (United States), Pure Storage (United States) and SUSE (Germany).
Market Overview:
On 3rd May 2022, Cloud-native global file system developer Nasuni has acquired cloud-native data migration technology from DBM Cloud Systems. Nasuni did not acquire all of DBM Cloud Systems, said Russ Kennedy, chief product officer for Boston-based Nasuni. Instead, it acquired DBM’s technology shortly after hiring Joe Slember, DBM’s senior vice president of engineering, Kennedy told CRN.
Cloud computing can assist government departments in expanding the capacity of their IT systems as needed, even for a short period, and quickly launching any online service. The cloud computing system can be useful to departments, particularly in dealing with spikes in web traffic generated by users accessing their websites, such as when booking train tickets, filling out forms, or submitting tax returns on the last day. The department must transition from the traditional fixed payment model to a variable pricing/utility pricing model in which the department only pays for the resources used during that period.
Companies in the market are concentrating on software applications. North America, factors including improved customer support, enhanced business continuity, and replacement of conventional IT infrastructure, rising adoption of e-commerce, electronic signature, cybercrimes, and other digital services are expected for the growth of the cloud native storage providers market.
Cloud Native Storage Market Dynamics:
Attributes | Details |
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Growth Drivers | - Automation in Application Updates Is Creating Need for Cloud Native Storage
- Increasing Need to Provide Remote Workforce with Ubiquitous Access to Data and Files
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Major Trends | - Increase in Productivity and Agility with Scalability and Reliability
- Use of Advanced Technology in Enterprises
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Restraints | - Latency and Network Usage Issues Associated With Public Cloud Environments
- Lack of Knowledge and Technical Issues
- Latency and Network Outage Issues Associated With Public Cloud Environments
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Road Blocks / Challenges | - Complexity Associated With Cloud Native Storage Concepts
- Data Privacy and Security Concerns
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Gaps & Opportunities | - Faster Recovery and Data Backup Creating the Need for Cloud Native Storage
- Emergence of Distributed Storage Arrays
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Key highlights of the Global Cloud Native Storage market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Cloud Native Storage market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Cloud Native Storage market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Cloud Native Storage Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud Native Storage market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Cloud Native Storage market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Traders/Exporters/Importers, Research & Development, Cloud Native Storage Distributor & Suppliers, Government Bodies, End-User and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.