What is Cloud Storage Software Market Scope?
Cloud storage is a logical pool of data storage widely used in cloud computing. Cloud storage offers real-time data-based applications like big knowledge analytics, data backup, knowledge archive, web of Things (IoT), and data warehouse. The cloud storage concept has evolved through many phases including utility & grid computing, the virtualization thought by IBM Corporation in 1970, application service provision, and Software-as-a-Service (SAAS). The first generalized cloud concept came into the image in 1999, introduced by Salesforce.com, Inc. Through a website delivering enterprise applications. Cloud storage is a proven and cost-effective storage option compared to ancient on-premise storage centers. Cloud storage enhances business operations by leveraging the mobile workforce with concept accumulation, archive, access, and data recovery facilities.
The Cloud Storage Software market study is being classified by Type (Private Cloud, Public Cloud and Hybrid Cloud), by Application (BFSI, Government & Education, Healthcare, Telecom & IT, Retail, Manufacturing, Media & Entertainment and Others) and major geographies with country level break-up.
Cloud Storage Software is the software that enhances business operations by leveraging the mobile workforce with easy accumulation, archive, access, and data recovery facilities. In addition, the cloud enables storage scalability with minimal cost as compared to on-premise data centers, which, in turn, boosts its adoption among small and medium enterprises (SME’s) across the globe. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Cloud Storage Software market throughout the predicted period.
Amazon Web Services, Inc (United States), Dell Technologies Inc (United States), Google, Inc. (United States), Hewlett Packard Enterprise Development LP (United States), IBM Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), Rackspace Hosting, Inc (United States), Alibaba Cloud (China) and VMware, Inc. (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Cloud Storage Software market by Type, Application and Region.
On the basis of geography, the market of Cloud Storage Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Increase In Need for Standardized and Cost-Effective Data Storage Facilities
Market Drivers
- High Demand Among Data-Specific Enterprises
- Growing Demand for Real-Time Data Accessibility by Customers
Opportunities
- Increase In Adoption by The Small and Medium Size Enterprises
Restraints
- High Cost of Installation and Maintenance
Challenges
- Intense Competition in The Market
Key Target Audience
Providers of Cloud Storage Software, Governmental and Regulatory bodies and End-Users
Customization available in this Study:
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