Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Cloud Storage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global cloud storage market reached a value of US$ 69.76 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 231.26 Billion by 2027, exhibiting a CAGR of 20.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Cloud storage is a cloud computing model wherein data is stored on remote servers and accessed over the Internet or through a dedicated private network connection. It is maintained, operated, and managed by cloud storage service providers. It offers instant automatic backup and protection from theft and natural disasters and reduces costs for maintenance and management of the servers. Besides this, as it delivers a cost-effective and scalable alternative to storing files on on-premises hard drives or storage networks, cloud storage finds extensive applications in the manufacturing, telecommunications, media and entertainment, and information technology (IT) industries across the globe. 

Cloud Storage Market Trends:

There is presently a significant rise in the amount of data created, copied and consumed globally. This, in confluence with the thriving banking, financial services and insurance (BFSI) sector, represents one of the key factors propelling the growth of the market. Moreover, cloud storage solutions are employed in the healthcare industry as they provide easier access to electronic medical records (EMR), which is pivotal for the diagnosis and treatment of patients. These solutions also offer real-time backup of medical data by allowing healthcare providers to quickly restore the data in the event of hardware failure, power loss, and data breaches ensuring minimal disruption or interruption to patient care. This, coupled with the increasing automation in different industry verticals around the world, is creating a positive outlook for the market. Furthermore, the growing adoption of the remote working on account of the coronavirus disease (COVID-19) outbreak and consequent imposition of lockdown in different countries is driving the market. Apart from this, the rising adoption of serverless cloud, which does not require leasing servers or paying for fixed amounts of storage or bandwidth, is anticipated to impel the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud storage market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment type, user type and industry vertical.

Breakup by Component:

  • Solution
  • Services
     

Breakup by Deployment Type:

  • Private
  • Public
  • Hybrid
     

Breakup by User Type:

  • Large Enterprises
  • Small and Medium-sized Enterprises
     

Breakup by Industry Vertical:

  • BFSI
  • Government and Public Sector
  • Healthcare
  • IT and Telecom
  • Retail
  • Manufacturing
  • Media and Entertainment
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alibaba Group Holding Limited, Amazon Web Services Inc. (Amazon.com Inc.), Dell Technologies Inc., Dropbox Inc., Google LLC (Alphabet Inc.), Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, NetApp Inc., Oracle Corporation and VMware Inc (Broadcom Inc.).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Deployment Type, User Type, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alibaba Group Holding Limited, Amazon Web Services Inc. (Amazon.com Inc.), Dell Technologies Inc., Dropbox Inc., Google LLC (Alphabet Inc.), Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, NetApp Inc., Oracle Corporation and VMware Inc (Broadcom Inc.).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global cloud storage market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cloud storage market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the user type?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cloud storage market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Cloud Storage Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Solution
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Deployment Type
    7.1    Private
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Public
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Hybrid
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by User Type
    8.1    Large Enterprises
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Small and Medium-sized Enterprises
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Industry Vertical
    9.1    BFSI
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Government and Public Sector
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Healthcare
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    IT and Telecom
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Retail
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Manufacturing
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Media and Entertainment
        9.7.1 Market Trends
        9.7.2 Market Forecast
    9.8    Others
        9.8.1 Market Trends
        9.8.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Alibaba Group Holding Limited
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Amazon Web Services Inc. (Amazon.com Inc.)
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 SWOT Analysis
        15.3.3    Dell Technologies Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Dropbox Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
        15.3.5    Google LLC (Alphabet Inc.)
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 SWOT Analysis
        15.3.6    Hewlett Packard Enterprise Development LP
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Huawei Technologies Co. Ltd.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 SWOT Analysis
        15.3.8    International Business Machines Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Microsoft Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    NetApp Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Oracle Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    VMware Inc. (Broadcom Inc.)
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Cloud Storage Market: Major Drivers and Challenges
Figure 2: Global: Cloud Storage Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Cloud Storage Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Cloud Storage Market: Breakup by Component (in %), 2021
Figure 5: Global: Cloud Storage Market: Breakup by Deployment Type (in %), 2021
Figure 6: Global: Cloud Storage Market: Breakup by User Type (in %), 2021
Figure 7: Global: Cloud Storage Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Cloud Storage Market: Breakup by Region (in %), 2021
Figure 9: Global: Cloud Storage (Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Cloud Storage (Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Cloud Storage (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Cloud Storage (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Cloud Storage (Private) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Cloud Storage (Private) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Cloud Storage (Public) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Cloud Storage (Public) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Cloud Storage (Hybrid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Cloud Storage (Hybrid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Cloud Storage (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Cloud Storage (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Cloud Storage (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Cloud Storage (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Cloud Storage (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Cloud Storage (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Cloud Storage (Government and Public Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Cloud Storage (Government and Public Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Cloud Storage (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Cloud Storage (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Cloud Storage (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Cloud Storage (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Cloud Storage (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Cloud Storage (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Cloud Storage (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Cloud Storage (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Cloud Storage (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Cloud Storage (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Cloud Storage (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Cloud Storage (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: United States: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia-Pacific: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia-Pacific: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: China: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: China: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Japan: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Japan: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Cloud Storage Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Cloud Storage Market: Breakup by Country (in %), 2021
Figure 87: Middle East and Africa: Cloud Storage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Global: Cloud Storage Industry: SWOT Analysis
Figure 89: Global: Cloud Storage Industry: Value Chain Analysis
Figure 90: Global: Cloud Storage Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Cloud Storage Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Cloud Storage Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Cloud Storage Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 4: Global: Cloud Storage Market Forecast: Breakup by User Type (in Million US$), 2022-2027
Table 5: Global: Cloud Storage Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Cloud Storage Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Cloud Storage Market: Competitive Structure
Table 8: Global: Cloud Storage Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links