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

Market Scenario:
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 size 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.
COVID-19 Analysis:
The business impact of
SARS-CoV-2 has been felt across diverse sections of the information technology
industry, albeit at different levels. Companies in the technology sector that
supply services for verticals like travel, retail, hospitality, and
entertainment have noted a dramatic decrease in sales, while the firms that
provide services related to remote worker solutions have observed the opposite.
Global Cloud storage market Size’s fate post pandemic has been relatively less
grim compared to Education Services (ES) and Professional Services (PS) that
are mostly dependent on components that are generally on-site. Novel
coronavirus has Global Cloud storage market size to
open new avenues for those firms that are on the lookout for solutions that are
reliable, efficiently managed, scalable, and are subscription-based, to remain
more focused on the core business. The Global Cloud storage market size is
bearing lesser impact of the COVID-19 outbreak compared to most other segments
of the tech world.
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 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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