Tuesday, February 15, 2022

Business Cloud Storage Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2030)

 Absolute Markets Insights have announced a new addition of a thorough research study to its extensive repository titled Business Cloud Storage market. The data were examined using effective methodologies such as primary and secondary research methods. The exclusive report presents the volume of the global Business Cloud Storage market for the forecast period 2022-2030. Marketing research has also been carried out. Have announced a new addition of a thorough research study to its extensive repository titled as Business Cloud Storage Market. The data were examined using effective methodologies such as primary and secondary research methods. The exclusive report presents the volume of the global Business Cloud Storage market for the forecast period 2022-2030. Marketing research has also been carried out.

Global business cloud storage market was valued at US$ 47.0 Billion in 2020 and is anticipated to grow at a CAGR of 23.2% over the forecast period to reach US$ 249.8 Billion in 2030.  Increasing demand for backup of growing business datasets coupled with need for making this data available to employees working remotely is driving the demand for cloud storage solutions and services.

Browse the full report description, along with the ToCs and List of Facts and Figures @

https://www.absolutemarketsinsights.com/reports/Global-Business-Cloud-Storage-Market-2019-2027-623

Key Companies Profiled: Alibaba Cloud, Amazon Web Services, Inc., Box, Carbonite, Inc., Citrix Systems, Inc., Code42 Software, Inc., Dell Inc., Dropbox, Egnyte, Inc., FUJITSU, Gigalis, Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, IDrive Inc., JUNGLE DISK, LLC, JustCloud.com, Livedrive Internet Ltd., MEGA, Microsoft, OpenDrive, Oracle, pCloud AG, Rackspace US, Inc., SpiderOak Inc., Tencent Cloud, VMware, Inc., Wasabi Technologies, Inc., and Zoolz amongst others.

The world is becoming more data-centric with growing penetration of digital technologies through fast speed internet connection, smartphones, connected devices and others. These technologies result in high amount of data generation. For instance, in April 2019 World Economic Forum (WEF) stated in its press release that the total data across the globe is anticipated to reach 44 zeta bytes by end of 2020. The high amounts of data is used by enterprises to analyse consumer behaviour, their consumption pattern and accordingly draft future growth strategies. But storing, managing and analysing this data is complicated with traditional business storage applications. This creates a demand for cloud storage data centers which are dedicated for storing and syncing this business data through an online server. As the data are stored in cloud, rather than a local drive, the data can be accessed by any device with an internet connection. This enables remote workforce of an enterprise to access, modify and share this data from any location. It replaces workarounds like emailing yourself documents. Cloud storage can also act as a backup system for your hard drive. In 2017, Accenture has migrated to cloud solutions of Microsoft under its strategy of digital worker, with 40% of its cloud footprint in Azure. Thus, the migration of enterprises on cloud to cater the changing dynamics of data generation and workforce culture is driving the global business cloud storage market.

Global Business Cloud Storage Market Segmentation:

By Offering

  • Solutions
  • Services

By Type

  • Public
  • Private
  • Hybrid

By Organization Size

  • Small and Medium Enterprises
  • Large Enterprises

By End-User

  • Information Technology and Telecommunication
  • Healthcare and Pharmaceutical
  • Education and Training
  • Manufacturing and Automotive
  • Travel and Hospitality
  • Transportation and Logistics
  • Oil and Gas
  • Energy and Utilities
  • Construction and Real Estate
  • Media and Entertainment
  • Marketing and Advertising
  • Government
  • Non-Profits
  • Banking, Financial Services and Insurance
  • Retail and Consumer Goods
  • Others

By Subscription Model

  • Monthly
  • Yearly

Contact Us:

Company: Absolute Markets Insights

Email id: sales@absolutemarketsinsights.com

Phone: +91-740-024-2424

Contact Name: Shreyas Tanna

Website: https://www.absolutemarketsinsights.com/

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