Cloud Object Storage Market Demand, Segments and Forecast to 2028

The global cloud object storage market size is expected to reach USD 13.65 Billion in 2028 and register a CAGR of 13.6% during the forecast period, according to the latest analysis by Emergen Research. Factors such as increasing demand for fast transfer of data, data recovery, and data availability with no downtime, and data security threats are driving market revenue growth.

The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Cloud Object Storage market for the forecast period from 2020 to 2027. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.

Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

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North America held largest revenue share in 2020 and is expected to maintain its leading position during the forecast period. Steady growth can be attributed to presence of major market players in the region, huge investments in R&D by the technocrats, and enhanced infrastructure. Increasing data volumes from various vertical, and technologies such as cloud computing, big data analytics, and Internet of Things are boosting cloud object storage market revenue growth.

Key players in the cloud object storage market are Oracle Corporation, Cisco Systems, Inc., Hewlett Packard Enterprise, International Business Machines Corporation, Microsoft Corporation, Hitachi Data System, Google LLC, Amazon Web Services, Inc., Datadirect Networks, and Dell EMC.

Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA

Emergen Research has segmented the cloud object storage market based on deployment, enterprise-size, end-use, and region:

Deployment Outlook (Revenue, USD Billion; 2018-2028)

Public Cloud

Private Cloud

Hybrid Cloud

Enterprise Size Outlook (Revenue, USD Billion; 2018-2028)

SMEs

Large Enterprises

End-Use Outlook (Revenue, USD Billion; 2018-2028)

Social Media Platforms

IT & Telecommunication

BFSI

Others

This all-encompassing report on the global Cloud Object Storage market comprises of an executive summary that briefly describes the overall market, its drivers, restraints, prominent segments, and competitive landscape. Each part of the executive summary is distinctly explained in the report through individual chapters. The chapters comprise of precise calculations demonstrated through charts and graphs.

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Report Objectives

Examine the size of the global Cloud Object Storage market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Cloud Object Storage market.

Explore the underlying dynamics of the global Cloud Object Storage market.

Highlight significant trends of the global Cloud Object Storage market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Cloud Object Storage market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Cloud Object Storage market.

Forecast the market size and share of all segments and regions in the global landscape.

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