Market Snapshot:
Public cloud storage is an easy way for businesses and end-users to license storage capacity from a third party to store their digital data. The target users include individuals and organizations of all sizes. Cloud storage gives 24/7 access to the documents, photos, music, and videos and the user can get all of it wherever they want and on any compatible device, as long as the user have an internet connection. Cloud storage also makes sharing easy and not least, it's an admirable way to back up all the digital content. Computer systems have been gradually moving away from local storage to remote, server-based storage and processing. Consumers are affected too they now stream video and music from servers rather than playing them from discs. Most cloud services do offer some level of backup, almost as a consequence of their planned function.
Highlights from Public Cloud Storage Service Market Study
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Players profiled in the report are Alibaba Cloud (China), AWS (United States), Box (United States), Citrix (United States), Code 42 Software Inc., Dell Technologies (United States), Dropbox (United States), Fujitsu (Japan), Google (United States), Microsoft (United States), IBM (United States), Huawei (China), Oracle (United States), Rackspace Technology (United States) and HPE (United States).
Geographic Breakdown and Segment Analysis
The Global Public Cloud Storage Service market presents a comprehensive analysis of the Public Cloud Storage Service market by product type (Primary Storage and Backup and Disaster Recovery), by end-user/application (Industry Segmentation, BFSI, Education, Manufacturing, Telecom & IT and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Public Cloud Storage Service industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
For instance, while the holds majority of market share of the Public Cloud Storage Service market
Analyst at AMA have segmented the market study of Global Public Cloud Storage Service market by Type, Application and Region.
Public Cloud Storage Service Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Presence of Next-Generation Cloud Technologies and Deployment of 5G Networks
- Growing Adoption & Penetration of the Internet
|
Influencing Trends | - Rising Volume of Data Being Uploaded on the Servers
|
Restraints | - Lack of Network Bandwidth
|
Gaps & Opportunities | - Adoption of AI to Achieve Data Integrity
- Development of Distributed Storage Arrays
|
In April 2019- Microsoft has New smart multi-cloud storage solutions for businesses. and In 2019- IBM is announcing a broad spectrum of innovations, enhancements, and new features across our entire storage portfolio, aimed at providing leading-edge solutions for 21st-century business and technology challenges.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Public Cloud Storage Service Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others