OrbisResearch.com has published new research report on "Global Cloud Storage Market Outlook (2016-2022)" to its database.

DALLAS, TEXAS, U.S.A., March 23, 2017 /EINPresswire.com/ -- According to Stratistics MRC, the Global Cloud Storage Market is expected to grow from $18.9 billion in 2015 to reach $112.73 billion by 2022 with a CAGR of 29.1%. Some of the key drivers for the market growth include growing need for big data storage and escalating adoption of cloud storage gateways. However, security and regulatory remains the prime barrier for cloud implementation across verticals such as government and financial services, while loss of apparent control over IT assets and substantial legacy systems are also faltering blocks for using cloud.

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Service and packaging segment is anticipated to grow at a higher CAGR during the forecast period due to the incidence of superior technologies in the cloud storage market. In most regions, growth in public cloud IT infrastructure spending will surpass the spending on private cloud IT infrastructure. The growth is attributed to increasing investments in extension of their datacenters and service offerings. Top five industries such as discrete manufacturing, banking, professional services, process manufacturing, and retail accounted for more than 40% of the total market expenditure. The technological developments and enabling capabilities discharged by cloud have nurtured novel opportunities across the industries. Asia Pacific holds the largest market share owing to increasing need for big data storage.

Some of the key players in global Cloud Storage market include Amazon Web Services, Inc., At&T, Inc., Dropbox, Inc., EMC Corporation, Fujitsu Ltd., Google, Hewlett-Packard Company, IBM, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc., and VMWare, Inc.

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Types Covered:
Service
Consulting Services
Networking Integration and System
Training, Education and Support
Solution
Backup Storage Solution
Cloud Storage Gateway Solution
Data Movement and Access Solution
Primary Storage Solution

Deployments Covered:
Hybrid Cloud
Private Cloud
Public Cloud

Applications Covered:
Banking, Financial Services, and Insurance
IT and Telecommunications
Entertainment and Media
Research and Education
Energy and Utilities
Manufacturing
Government
Healthcare
Retail
Other Applications

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Organization Size Covered:
Large Enterprises
Small and Medium Enterprises (SMES)

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Orbis Research
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