Cloud Object Storage Market Analysis, Size, Trends, Share, Current Scenario and Future Prospects 2021-2028
The detailed market intelligence report on the Cloud Object Storage market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Cloud Object Storage market for the forecast period, The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Cloud Object Storage market will be like in the years to come.
The global cloud object storage market size is expected to reach USD 13.65 Billion in 2028 and register a CAGR of 13.6% during the forecast period, according to the latest analysis by Emergen Research. Factors such as increasing demand for fast transfer of data, data recovery, and data availability with no downtime, and data security threats are driving market revenue growth.
Rapid rise in adoption technologies such as deep learning, Internet of Things, data analytics, cloud computing are driving demand for cloud object storage solutions across various verticals worldwide. Social media platforms are expected to register a high growth rate over the forecast period. The media industry faces challenges related to storing, managing, accessing, and facilitating collaboration for vast volumes of data. Interactive television, multiscreen formats, virtual reality, 4K, and 8K video requires large storage capacity, which traditional storage fails to provide. Cloud object storage provides limitless capacity for information storage, real-time video access, eliminates cost, thus allowing video producers to generate more content more frequently. Object storage allows businesses to store large datasets, including video clips, medical images, photos, backup data, and surveillance videos, on a single system. That is why cloud object storage systems are used by Amazon Prime Video, Comcast, Netflix, and YouTube for video storage needs.
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The report is a comprehensive research study of the global Cloud Object Storage market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Oracle Corporation, Cisco Systems, Inc., Hewlett Packard Enterprise, International Business Machines Corporation, Microsoft Corporation, Hitachi Data System, Google LLC, Amazon Web Services, Inc., Datadirect Networks, and Dell EMC.
Emergen Research has segmented the cloud object storage market based on deployment, enterprise-size, end-use, and region:
Deployment Outlook (Revenue, USD Billion; 2018-2028)
- Public Cloud
- Private Cloud
- Hybrid Cloud
Enterprise Size Outlook (Revenue ,USD Billion; 2018-2028)
- Large Enterprises
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Social Media Platforms
- IT & Telecommunication
Regional Bifurcation of the Cloud Object Storage Market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Cloud Object Storage market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Cloud Object Storage market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
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Highlights of Table of Contents (TOC):
- Overview of Global Cloud Object Storage Market
- Competitive analysis of the Cloud Object Storage market
- Regional analysis of Global market production and revenue
- Regional analysis of Global Cloud Object Storage market supply, consumption, and export & import
- Type-based market analysis of global production, revenue, and price trends
- Application-based analysis of the global market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global market
- Global market forecast (2020-2027)
- Conclusion of the research report
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Published Sun, 13 Mar 2022 04:48:20 -0500