According to a new report Global Cloud Storage Market, published by KBV research, the Global Cloud Storage Market size is expected to reach $100.8 billion by 2023, rising at a market growth of 22% CAGR during the forecast period.
The North America market holds the largest market share in Global Primary Cloud Storage Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 17.1 % during the forecast period. The Europe market is expected to witness a CAGR of 19.2% during (2017 - 2023) in Global Disaster Recovery & Backup Cloud Storage Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 23.1% during (2017 - 2023) in Global Cloud Storage Gateway Market.
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, IBM Corporation, Microsoft Corporation, Google Inc. and Oracle Corporation are the forerunners in the Cloud Storage market.
KBV Cardinal Matrix - Cloud Storage Market
The Public Cloud market holds the largest market share in Global Cloud Storage Market by Deployment Model in 2016, and would continue to be a dominant market till 2023. The Private Cloud market is expected to witness a CAGR of 22.4% during (2017 - 2023). Additionally, The Hybrid Cloud market would attain market value of $25,217.9 million by 2023.
The BFSI market holds the largest market share in Global Cloud Storage Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 20.4 % during the forecast period. The Healthcare market is expected to witness a CAGR of 21.5% during (2017 - 2023). Additionally, The Government & Public-Sector market is expected to witness highest CAGR of 22.6% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/cloud-storage-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Cloud Storage Market have been discussed in the report with the competitive analysis and elaborated company profiles of IBM Corporation, Amazon.com, Inc. (Amazon Web Services), Microsoft Corporation, Google Inc., Oracle Corporation, Vmware, Inc., Hewlett Packard Enterprise (HPE) Company, Red Hat, Inc., Rackspace, and Dropbox.
By Type
By Deployment Model
By Organization Size
By Vertical
By Geography
Companies Profiled
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Related Reports:
North America Cloud Storage Market (2017-2023)
Europe Cloud Storage Market (2017-2023)
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