DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ckw6h7/global_cloud) has announced the addition of the "Global Cloud Storage Gateway (CSG) Market 2015-2019" report to their offering.
The analysts forecast the Global Cloud Storage Gateway market to grow at a CAGR of 64.3% over the period 2014-2019.
Cloud storage gateway is a hybrid appliance that combines local storage, data protection functionality, and cloud storage to form a collaborative package as a cost-effective solution. Cloud storage gateway provides an efficient solution for establishing compatibility between different protocols used by cloud service providers and enterprises.
This gateway translates different protocols to provide seamless connectivity between a local system and cloud storage. Cloud storage gateway is necessary to ensure that the data stored in a cloud storage infrastructure follow a common protocol and are optimized according to established standards. This gateway also facilitates the efficient management of network traffic and storage space across a network.
One of the major trends in the market is efficient disaster recovery and backup. CSGs are used to transfer data into the cloud from the storage in data centers. If there is a problem in the service, the CSG will automatically save the data by executing a disaster recovery plan and create a backup of the data.
According to the report, one of the major drivers of the market is the growing demand for cloud-based solutions. Cloud computing is currently experiencing increased demand; it is being adopted by several organizations globally.
Further, the report states that one of the major challenges of the market is data security. A CSG is used to create replication and to archive internal data storage. During the forecast period, CSG solutions are expected to be used in storing primary data, which will indirectly create a need for an efficient data security solution in the cloud.
- CTERA Networks
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