Cloud Network Infrastructure Market Share, Business Overview, Challenges, Opportunities Share Global Analysis and Forecast to 2027

The use of the cloud is
the next biggest thing for data storage, and this is estimate to fortify the
growth of the cloud
storage market 2020. The ICT industry reports are produced by Market
Research Future, which highlights market options for expansion. An income worth
USD 104 Billion by 2023 is predicted at a 25% CAGR in the forecast period.
The
escalated demand level for hybrid cloud storage is estimated to play a crucial
role in the development of the cloud storage market. Moreover, the increased
occurrence of remote working patterns in organizations due to the ongoing
COVID- 19 pandemic is estimated to benefit the long-term growth of the cloud
storage market.
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Competitive Outlook
The support provided by
regulations is estimated to stave off the effects of the downturn considerably
in the coming period. Current disequilibrium in the market forces has led to
the market players adopting a more cautious approach to growth and development
strategies. The expansion of the market has currently come close to a
standstill with government agencies and trade bodies, introducing a stimulus to
pick up the pace of development in the global market. The planning and
forecasting for human capital in the market is estimated to be a crucial area
for focus in the years ahead. Advances in production style and technologies are
estimated to gain precedence in the coming years as areas of innovation. The
recalibration of the supply chain is estimated to be another area for market
expansion in the upcoming period. The currency inflow is estimated to be
restricted in the upcoming period, which may create further problems for the
overall market growth.
The
eminent contenders in the cloud storage market are IBM Corporation (U.S.),
Amazon Web Services (U.S.), Microsoft Corporation (U.S.), HP Enterprise Company
(U.S.), Google, Inc. (U.S.), Oracle Corporation (U.S.), Rackspace Hosting, Inc.
(U.S.), EMC Corporation (U.S.), VMware, Inc. (U.S.), Dropbox, Inc. (U.S.) among
others.
Segmentation:
The segmental assessment
of the cloud storage market is carried out on the basis of component,
deployment model, vertical, and region. Based on the component, the cloud
storage market is segmented into solution and service. The solution sub-segment
includes primary storage, data archiving, cloud storage gateway, disaster
recovery & back up storage. The service sub-segment includes cloud
integration & migration, training and consulting, managed services, and
support & maintenance. Based on the deployment model, the cloud storage
market is segmented into the hybrid cloud, private cloud, and public cloud. On
the basis of vertical, the cloud storage market is segmented into IT &
telecommunication, government, retail & e-commerce, BFSI, Travel &
hospitality, healthcare, education, and others. Based on the regions, the cloud
storage market is segmented into Asia Pacific, North America, Europe, and the
rest of the regions.
Regional
Analysis:
The regional examination
of the cloud storage market is being considered for regions such as Asia
Pacific, North America, Europe, and the rest of the global regions. The
North American regional market is anticipated to be responsible for the
principal share of the global market it has been noted. The maximum market
share is credited to the early use of pioneering technologies and superior
funding in cloud-based solutions in the North America region. At
the same time, the Asia-Pacific regional market is probable to develop at the
best ever rate for the phase of the forecast.
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Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
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