“Going Digital” – the Key Growth Driver to Storage as a Service Market
As per a report available on XploreMR, the global Storage as a Service Market will witness an exorbitant growth between 2020 and 2030.
Storage as a Service is looked upon as a feasible alternative for mid-sized and small-sized businesses wherein having capital budget or technical personnel for implementing and maintaining storage infrastructure of their own is beyond the budget. Storage as a Service does help in curbing risks related to disaster recovery, thereby making way for retaining records long-term and improving on both – business availability and continuity.
Organizations all over the world do encounter huge volumes of data generated at the internal level. The volume gets amplified due to usage of social media and also cloud. As employees and customers use tablets and smartphones at the frequency never seen before, it becomes tad necessary to have this bunch of data secured. Storage as a Service does a good job over here.
Storage as a Service does eliminate physical storage space and makes way for a comprehensive system with proper backup plan in case of any catastrophe. Digital asset management is thus done in a tad simplified manner.
The BFSI (Banking and Financial Services and Insurance) sector holds the largest market share as Storage as a Service does ensure quick, scalable, and reliable data infrastructure for offering customers smooth backend processes. The adoption of Storage as a Service is further stimulated by demand to manage the hyper-scale data for eliminating costs involved in providing cloud services or IT services.
The outbreak of Covid-19 has resulted in an increase in demand for Software as a Service, as “Work from Home” model is adopted almost by every service-based industry. So, to handle a plethora of unstructured and structured data, Storage as a Service comes into picture. This adoption has increased atleast three-fold since Mar 2020 and is further expected to continue with the winning streak in the upcoming period as well.
Cloud computing applications have witnessed an unprecedented growth since Mar 2020. The businesses are looking forward to invest in best-in-class storage, which is, by all means, integral to each and every VDI (virtual desktop infrastructure) for keeping up the productivity. These resilient storage solutions are all set to take the digitization on a substantial ride.
The global Storage as a Service market spans Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), North America (Canada, US), Eastern Europe (Russia and Poland), Latin America (Chile, Peru, Brazil, Mexico, and others), and Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC).
North America leads the market due to it being the first to adopt any technology, with Europe taking the second position. The Asia-Pacific is expected to witness the fastest growth due to growing adoption of Storage as a Service all across. Digital modes of payment are being called for to paly safe and healthy. The Asia-Pacific will witness demand for Storage as a Service on this count as well. The growing e-Commerce industry is also there to add to the glory.
The key players in the Storage as a Service Market include Microsoft, APTARE, Inc., IBM, Hewlett Packard Enterprise Development LP, Amazon Web Services, Inc., Rackspace, Internap, SoftLayer Technologies, Inc., Hitachi Data Systems Corporation, Buffalo Americas, Inc., and IBM.
A recent market report published by Future Market Insights on the Storage as a Service market includes global industry analysis for 2015-2020 and opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters, growth prospects of this market are obtained with maximum precision.
Storage as a Service Market: Segmentation
The global Storage as a Service market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.
- Cloud NAS
- Cloud SAN
- Cloud Backup
- Cloud Archiving
- Small & Medium Enterprises
- Large Enterprises
- Media & Entertainment
- IT & Telecom
- North America
- Latin America
- East Asia
- South Asia Pacific
- Middle East & Africa
Chapter 01 – Executive Summary
The report begins with the executive summary of the Storage as a Service market, which includes a summary of key findings and statistics of the market. It also includes demand- and supply-side trends pertaining to this market.
Chapter 02 – Market Overview
Readers can find the definition and a detailed taxonomy of the Storage as a Service market in this chapter, which will help them to understand basic information about the market. Along with this, comprehensive information pertaining to storage area network and its properties are provided in this section. This section also highlights the Storage as a Service market report.
Chapter 03 – Key Market Trends
The Storage as a Service market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.
Chapter 04 – Pricing Analysis
This chapter provides the pricing analysis of service models in the storage as a service market.
Chapter 05 – COVID-19 Impact on Storage as a Service Market
This chapter provides the impact of COVID-19 pandemic on global oil & gas industry, pre and post COVID-19 impact analysis, recovery scenario, and key action points for Storage as a Service solution providers.
Chapter 06 – Market Structure Analysis
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the Storage as a Service market, along with market share analysis and market concentration.
Chapter 07 – Global Storage as a Service Market Demand (in Value in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030
This chapter provides the value of the Storage as a Service market along with the Y-o-Y trends and absolute $ opportunity
Chapter 08 – Market Background
This chapter explains the key macroeconomic factors that are expected to influence growth of the Storage as a Service market during the forecast period. Along with macroeconomic factors, this section also highlights the Enterprise Size, forecast factors, and value chain analysis of the Storage as a Service market. In-depth information about market dynamics and their impact analysis on the market have been provided in the successive section.
Chapter 09 – Global Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030 by Service Type
Based on Service Type, the storage as a service market is segmented into Cloud NAS, Cloud SAN, Cloud Backup, and Cloud Archiving In this chapter, readers can find information about developments and key trends in the Storage as a Service market.
Chapter 10 – Global Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030, by Enterprise Size
Based on Enterprise Size, the Storage as a Service market is segmented small & medium Enterprises and Large Enterprises. In this chapter, readers can find information about developments and key trends in the Storage as a Service market.
Chapter 11 – Global Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030, by Industry
Based on Industry, the Storage as a Service market is segmented into BFSI, Media & Entertainment, Government, Healthcare, IT & Telecom, Manufacturing, Education, and others. In this chapter, readers can find information about developments and key trends in the Storage as a Service market.
Chapter 12 – Global Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030, by Region
This chapter explains how the Storage as a Service market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia Pacific, and Middle East & Africa.
Chapter 13 – North America Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030
This chapter includes a detailed analysis on the growth of the North America Storage as a Service market, along with a country-wise assessment including the U.S. and Canada. Readers can also find regional trends and market growth based on Service Type, Enterprise Size, Industry, and countries in North America.
Chapter 14 – Latin America Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030
This chapter provides the growth scenario of the Storage as a Service market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided.
Chapter 15 – Europe Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030
Important growth prospects of the Storage as a Service market in several countries such as Germany, the U.K., France, Spain, Italy, BENELUX, Russia and the Rest of Europe are included in this chapter.
Chapter 16 – South Asia & Pacific Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030
This chapter highlights the growth prospects of the Storage as a Service market in South Asia Pacific by focusing on India, ASEAN, Australia & New Zealand, and Rest of South Asia Pacific. This section also helps readers understand key factors that are responsible for the growth of the Storage as a Service market in Asia Pacific Excluding Japan.
Chapter 17 – East Asia Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030
This chapter provides the growth scenario of the Storage as a Service market in East Asia countries such as China, Japan, and South Korea.
Chapter 18 – Middle East and Africa Storage as a Service Market Analysis 2015-2019 and Opportunity Assessment 2020-2030
This chapter provides information about how the Storage as a Service market is anticipated to grow in major countries in the Middle East & Africa region, such as GCC Countries, Turkey, Northern Africa, South Africa, and Rest of Middle East and Africa during the forecast period.
Chapter 19 – Key Countries Analysis
This chapter provides information about how the Storage as a Service market is anticipated to grow in major countries of all the regions.
Chapter 20 – Competition Analysis
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the Storage as a Service market, along with detailed information about each company, which include the company overview, revenue shares, strategic overview, and recent developments. Some of the key market players featured in the report are Hitachi Vantara, Zadara Storage, Cloudian, Quantum Corporation, AWS, IBM Corporation, Microsoft, HPE, Google, AT&T, and Dell Technologies.
Chapter 21 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Storage as a Service market report.
Chapter 22 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the Storage as a Service market.
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