Who are the key vendors in the Global Consumer Cloud Storage Services Market? © 2020. Totals sales and revenue records of each region. Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities. For instance, in February 2018, Google opened its first Google Cloud Platform (GCP) region in Canada, with reduced prices for Google Cloud Storage infrequent access and cold storage classes, as well as its Nearline Storage features, for users in the region. What are the key factors driving the Global Consumer Cloud Storage Services Market? Cloud Storage Market Statistics: 2027 The cloud storage market size was valued at $46.12 billion in 2019, and is projected to reach $222.25 billion by 2027, growing at a CAGR of 21.9% from 2020 to 2027. Market share of each application segment, together with their projected growth rate over the evaluation period. This also is expected to boost the adoption of the cloud storage over the forecast period. 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. 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 … A recent market research report added to repository of Credible Markets is an in-depth analysis of “Global Cloud Storage Services Market… The cloud data storage services are paid on a per-consumption, and monthly rate. To understand geography trends, Download Sample Report. Click here. [240 Pages Report] The global cloud storage market size is projected to grow from USD 50.1 billion in 2020 to USD 137.3 billion by 2025, at a Compound Annual Growth Rate … This is expected to fuel the demand for cloud storage over the forecast period. Why waste valuable storage space on your PC or phone when you can store your documents and media in the cloud and share it … The increasing volume of data being uploaded on the servers of the enterprises has resulted in the need for high-end security, SSL, well-defined sharing, along with cost-effective options within the organization.For instance, on an average of approximately 60 million photos are uploaded daily by Instagram users, globally, and is rapidly increasing, owing to the company’s new policy associated with multiple uploads. In July 2019 - IBM announced major upgrades to its IBM Spectrum Discover unified metadata management, Cloud Object Storage, Spectrum Plus data protection and VersaStack converged infrastructure platform with an eye on the cloud and modern workloads. Consumer Cloud Storage Services Latest Research Report. Market share held by all product segments. To understand key trends, Download Sample Report. Regional segmentation: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia. Banks, in order to improve the revenue generation, increase customer insights, contain costs, deliver market-relevant products quickly and efficiently, and help monetize enterprise data assets, have started digitizing their working by introducing online portals through which a user can directly complete his work without any need for a bank official's intervention. 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. It offers an analysis of changing competitive scenario. MARKET OPPORTUNITIES AND FUTURE TRENDS. is a hub for market intelligence products and services. Market Study Report, LLC. The cloud enables the bank to synchronize the enterprise; to break down operational and data silos across risk, finance, regulatory, customer support, amongst others and more importantly, it allows such institutions to combine such massive data sets in one place, and can apply advanced analytics for integrated insights. Through strategic partnerships, research and developments, and mergers & acquisition these players have been able to gain a greater footprint in the market. 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. 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 … We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Cloud Storage Market Size & Growth (2019 - 2024) The cloud storage market is expected to grow from USD 32.72 billion in 2019 to USD 106.71 billion by 2024, with an average annual growth rate (CAGR) of 23.76% over the forecast period. What will be the market size and growth rate in the forecast year? One of the highest-growth secular tech trends of the 2020s will be cloud computing. AWS has expanded well beyond cloud compute and storage. Remuneration accrued by each product type. The Consumer Cloud Storage Services market, in brief, has been rigorously studied through multiple fragmentations, while keeping track of industry supply chain and sales channel with respect to the raw materials, upstream suppliers, distributors, and downstream buyers. Leading companies: Apple, Google, Box, Dropbox, Amazon, Microsoft, Sync, Hubic, Mediafire and Pcloud. Projected growth rate of the industry over the analysis timeline, backed with a comparative study of the historical data and current market scenario is included. Sep 24, 2020 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry." 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. The power and also business manufacturing of the significant manufacturers has been mentioned with the technical data. This is expected to boost the cloud storage market’s growth over the forecast period. Basic business information, along with product portfolio comprising detailed specifications and top applications. 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. 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. Pricing model, sales graph, returns, and market share of the listed companies. Hence, with the growing number of mobile workers in organizations and workplaces, there has been a subsequent rise in the data generated and managed. This is expected to boost the adoption of the cloud storage over the forecast period. This statistic shows the market share of the leading cloud infrastructure service providers from 2017 to 2020. Private Storage Cloud Market - 2019-2025 Market Overview In 2018, the global Private Storage Cloud market size was million US$ and it is expected to … This year could see the Google overtake Alibaba, with Google CEO Sundar Pichai reporting cloud service revenues on track for $8 billion. This has resulted in a massive surge in the generation of data which is propelling such institutions to have cloud storage in place. Report scope can be customized per your requirements. Which are the global opportunities for expanding the Global Consumer Cloud Storage Services Market? What are the trending factors influencing the market shares? The key questions answered in this report: Significant Point Mentioned in the Research report: Major Points Covered in Table of Contents: Request Customization on This Report @ https://www.aeresearch.net/request-for-customization/265966. This report covers COVID-19 impact analysis on Cloud Storage Market The increasing automation in the fields of aerospace and defense coupled with the necessity to improve storing and sharing data on operations and soldiers over the army cloud is expected to drive the market over the forecast period. Amazon web services has the largest cloud computing market share in at 32%. It offers the regional analysis of Global Consumer Cloud Storage Services Market along with the business profiles of several stakeholders. 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. According to Accenture in 2019, the Digital-only banks operating in the U.K. could amass a total of 35 million customers globally within a period of 12 months. As worldwide server revenue reached $24 billion in the second quarter of 2020 amid the COVID-19 pandemic, Hewlett Packard Enterprise and Dell Technologies are neck and neck in market-share … 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. Consumer Cloud Storage Services Market Overview, Global Consumer Cloud Storage Services Production, Revenue, Price Trend by Type, Global Consumer Cloud Storage Services Market Analysis by Applications, Company Profiles and Key Figures in Consumer Cloud Storage Services Business, Consumer Cloud Storage Services Manufacturing Cost Analysis, Marketing Channel, Distributors, and Customers, Global Consumer Cloud Storage Services Market Forecast. 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. AWS has 32% of the market and generated more revenue than the next three largest combined, Azure is at 19% of the market, Google Cloud at 7%, … Details regarding consumption value and volume of each applications. 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. 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 ... Increasing demand for low-cost data backup, storage, and protection across all enterprises, coupled with the necessity to handle data generated by augmented usage of mobile technologies, favors the rate of adoption of cloud storage. , together with their projected growth rate estimates for all product types over the forecast duration the provides. The adoption of the 2020s will be cloud computing market share in the region through Research and have! 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