DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Cloud Storage Market - Forecasts from 2017 to 2022" report to their offering.
Cloud Storage Market is projected to witness a compound annual growth rate of 29.73% to reach a total market size of US$92.488 billion by 2022, from US$25.171 billion in 2017.
Emerging adoption of Cloud solutions across verticals such as BFSI, healthcare, and media and entertainment among others is driving the growth demand for cloud storage solutions. Other factors contributing to the growth of the market are increasing adoption of cloud storage gateways, burgeoning investments in latest Information Technology solutions and more awareness and deployment of cloud-based solutions.
Though, privacy and security issues remain a challenge to the market growth, advantages offered by the cloud solutions will outweigh these concerns on account of new solutions being designed to address these challenges.
Key industry players are Box, Inc., Fujitsu, AT&T, Microsoft Corporation, and Google among others.
Segmentation
By Solution
- Primary Storage
- Backup Storage
- Cloud Storage Gateway
- Others
By Services
- Integration
- Consulting
- Others
By Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Organization Size
- Small and Medium Business
- Large Enterprises
By Vertical
- BFSI
- Education
- Communication and Technology
- Media and Entertainment
- Manufacturing
- Energy and Power
- Government
- Healthcare
- Retail
- Others
Companies Mentioned
- Amazon Web Services
- IBM
- HP
- Rackspace Hosting
- Box, Inc.
- Fujitsu
- AT&T
- Microsoft Corporation
For more information about this report visit https://www.researchandmarkets.com/research/lf8wbx/cloud_storage
