LAMEA Cloud Native Storage Market Size, Share & Industry Trends Analysis Report By Component (Solution (Block Storage, File Storage, and Object Storage) and Services), By Deployment Type, By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Cloud Native Storage Market would witness market growth of 24.8% CAGR during the forecast period (2022-2028).
The way businesses manage and store their data has been fundamentally changed by cloud-native storage. While being hosted remotely, cloud native apps have all the capabilities of other solutions. They gain a variety of benefits as a result, which companies can exploit to stay flexible.
The organizations would be equipped with the tools they need to manage the cloud installations and be able to provide service in any situation. The ultimate criterion for cloud-native storage systems that are quickly deployed or provisioned according to need is dynamic deployment. Additionally, it can be set up and launched in a number of different ways, such as through cloud services, software, as well as hardware deployment.
The UAE offers a robust healthcare infrastructure as one of the Middle East's most economically advanced and diverse markets. The government of the UAE has made building a top-notch healthcare infrastructure a primary priority, and as a result, the industry has developed and grown considerably over the past few years. The government of the UAE has moved swiftly to implement preventative health measures. The UAE's healthcare industry has grown to accommodate both the country's population's changing needs and its ambition to establish itself as a regional center for medical tourism.
The Brazil market dominated the LAMEA Cloud Native Storage Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $665.2 million by 2028. The Argentina market is experiencing a CAGR of 25.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 24.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution (Block Storage, File Storage, and Object Storage) and Services. Based on Deployment Type, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Healthcare, Retail & Consumer Goods, Manufacturing, Government, Energy & Utilities, Media & Entertainment, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC, Alibaba Group Holding Limited, VMware, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Citrix Systems, Inc., Rackspace Technology, Inc., and Splunk, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Block Storage
- File Storage
- Object Storage
By Deployment Type
- Public Cloud
- Private Cloud
By Organization Size
- Large Enterprises
- Telecom & IT
- Retail & Consumer Goods
- Energy & Utilities
- Media & Entertainment
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC
- Alibaba Group Holding Limited
- VMware, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Citrix Systems, Inc.
- Rackspace Technology, Inc.
- Splunk, Inc.
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