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 (SMEís) 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.
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
- High Demand Among Data-Specific Enterprises
- Growing Demand for Real-Time Data Accessibility by Customers
- Increase In Adoption by The Small and Medium Size Enterprises
- High Cost of Installation and Maintenance
- Intense Competition in The Market
Key Target AudienceProviders of Cloud Storage Software, Governmental and Regulatory bodies and End-Users
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Cloud Storage Software market expands?
The Global Cloud Storage Software market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Cloud Storage Software market?
The prominent players of Global Cloud Storage Software market are 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), to name a few.
3. What are the top priorities to focus for Cloud Storage Software marketís growth?
In this highly competitive & fast evolving Cloud Storage Software industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.