Published on: August 13, 2020


Cloud Storage Services Market 2020-2024 Market Analysis

During 2020-2024, the cloud storage services market size will increase by USD 73.21 billion. With a steady increase in year-over-year growth, the market’s growth momentum will decelerate during the forecast period.

This report provides an analysis of the market by end-user (large enterprises and SMEs) and geography (APAC, Europe, MEA, North America, and South America). The report also provides information on the upcoming trends and challenges that will influence market growth, analyzes the market’s competitive landscape, and provides information on major market participants including Alibaba Cloud, Amazon Web Services Inc., Dell Technologies Inc., Fujitsu Ltd., Google LLC, Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., Microsoft Corp., and Oracle Corp.

Cloud Storage Services Market: Overview

 

 

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Cloud Storage Services Market: Competitive Analysis

The market’s competitive landscape is fragmented. Alibaba Cloud, Amazon Web Services Inc., and Dell Technologies Inc. are some of the major market participants. As factors such as the stringent government regulations will challenge the growth of the market participants, the companies should focus more on the fast-growing segments.

Below are some of the major cloud storage services market vendors profiled in this report:

 

  • Alibaba Cloud
  • Amazon Web Services Inc.
  • Dell Technologies Inc.
  • Fujitsu Ltd.
  • Google LLC
  • Hewlett Packard Enterprise Co.
  • Hitachi Ltd., International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.

 

Cloud Storage Services Market: Segmentation by Geography

 

 

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North America accounted for the largest cloud storage services market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rising adoption of cloud storage services will significantly drive cloud storage services market growth in this region over the forecast period.

Key Factors Covered in this Cloud Storage Services Market Report

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive cloud storage services market growth during the next five years
  • Precise estimation of the cloud storage services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cloud storage services industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cloud storage services market vendors

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