Title: Storage as a Service Market to Witness Robust Growth by 2026
1Presents a Research Report on Storage as a
Service Market
Storage as a Service Market is segmented by Type
(Cloud NAS, Cloud SAN, Cloud Backup, Cloud
Archiving), Organization Size (Large Enterprises,
Small- and Medium-sized Enterprises), Industry
Vertical (IT and Telecom, BfSI, Healthcare,
Retail and Consumer Goods, Manufacturing,
Government and Public Sector, Education, Energy
and Utilities) and Region - COVID-19 Impact
Analysis and Forecast to 2026.
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2Storage as a Service Market Highlights Drivers
- The Storage as a Service Market is expected to
grow from USD 48.67 billion in 2020 to USD 159.28
million by 2026 at a CAGR of 21.5 during the
forecast period. -
- Market Dynamics
- The storage as a service market is gaining
traction due to the enterprise's need to reduce
capital expenditure (CAPEX) and operational
expenditure (OPEX), support employee mobility,
and store an enormous volume of data generated
daily. - The use of AI to manage cloud-based services
gives new opportunities for growth to the service
providers. However, security concerns associated
with cloud infrastructure obstruct the growth of
the market.
3Market Insight
- Segment Analysis
- End-User Trends
- Among the end users, IT and Telecom industry
vertical is expected to the largest user of
storage as a service due to the growing trend of
work of home in the industry. - The industry vertical is adopting all those
solutions and services which can allow their
employees to easily work from anywhere-anytime. - Healthcare sector is expected to show significant
growth rate in the storage as a service market
owing to the increasing digitalization of the
sector and sudden increase in the demand for
effective healthcare services. - Regional Trends
- In terms of regions, North America dominates the
market, and this trend is expected to continue
during the forecast period. - The region is the home of many cloud giants, and
it has also shown a fast adoption of cloud-based
services across all sectors in the past. Asia
Pacific is expected to witness the highest CAGR
during the forecast period due to the increasing
number of small- and medium-sized businesses in
the region that look for low-cost IT
infrastructure solutions and storage as a service
that fulfils such requirements.
4Competitive Insights
- Key Players
- AWS (The U.S),
- IBM (The U.S),
- Google (The U.S),
- Microsoft (The U.S),
- HPE (The U.S),
- Hitachi Vantara (The U.S),
- Dell Technologies (The U.S),
- Rackspace (The U.S),
- Zadara Storage (The U.S),
- ATT (The U.S),
- Cloudian (The U.S),
- Pure Storage (The U.S),
- Quantum Corporation (The U.S), and
- Netmagic Solutions (India).
5Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
6Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
7About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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