Cloud Storage Gateway Market: By Type, By Deployment Model, By Organization Size ), By End User and Region Forecast 2020-2031
Cloud Storage Gateway Market size was valued at US$ 2242.62 million in 2022 and is expected to reach US$ 11,015.32 million by 2029, at a CAGR of 24.8% from 2023-2029. Some of the key factors influencing the growth include rising need for data encryption, increasing demand for cloud storage gateway in healthcare industry, continuous upsurge in data, increasing number of wireless and mobile devices, availability for use on-demand and growing adoption of physical and virtual cloud storage gateway appliances in various industries. However, data security concerns and complexities in data handling are some major factors hindering the market growth. This report studies global cloud storage gateway market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global cloud storage gateway market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Study Period
2025-2031Base Year
2024CAGR
24.8%Largest Market
Asia-PacificFastest Growing Market
North-America
Cloud Storage Gateway allows to rapidly and securely ingest backup, video surveillance or healthcare data from on premises and move it to any cloud in a fast, secure, and auditable manner for backup or archival needs. Cloud Storage Gateway acts like a cloud converged storage platform enabling to cache and store data on premise optionally for a few days before moving it to the cloud for long term retention and guardianship. Once the data is in the cloud, data in fact is so secure, its impossible for any hacker to get access to data or make any meaning of it, one can always be assured that data is always intact. Cloud Storage Gateway works with leading backup software providers, video surveillance systems and health care platforms.
Asia Pacific accounted for larger revenue share in global cloud storage gateway market with considerable CAGR. The growth in this region can be attributed to several measures taken by governments to promote data security across countries in the region. Currently companies want to run their business on cloud infrastructure, which is more efficient, fast, reliable and flexible to adapt as compared to conventional storage systems. Particularly in India, Japan and China there are a number of IT, Telecom, and manufacturing companies which are looking for smooth accessible storage environment, thus expected to drive the growth of CSG market in APAC. This region is expected to register highest CAGR growth for the next five years.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2022 |
US$ 2242.62 million |
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Market Size in 2029 |
US$ 11,015.32 million |
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Market CAGR |
24.8% |
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By Type |
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By Deployment Model |
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By Organization Size |
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By End User |
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The cloud storage gateway market is projected to expand at a CAGR of 5.7% during the forecast period
Amazon Web Services, Riverbed Technology, CTERA Networks Ltd, Cloud Gateway Co, Microsoft Corporation
Asia-Pacific is the fastest-growing region for the cloud storage gateway market
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.
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