Storage As A Service (STaaS) Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2019 and Forecast 2020-2026

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Storage As A Service (STaaS) Market: By Service Type (Cloud NAS (File Storage), Cloud SAN (Block Storage), Cloud Archiving, and Cloud Backup), By Organization Size (SMEs and Large Enterprises), By Vertical (BFSI, and IT and Telecom), and Geography

 

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Description

Global Storage As A Service (STaaS) Market Report Description:

Global storage as a service (STaaS) market report gives comprehensive outlook on storage as a service (STaaS) across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global storage as a service (STaaS) market gives historical, current, and future market sizes (US$ Mn) on the basis of service type, organization size, vertical, and region. This report studies global storage as a service (STaaS) market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global storage as a service (STaaS) market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global storage as a service (STaaS).

 

Global Storage As A Service (STaaS) Market:

The global storage as a service (STaaS) market is expected grow at a significant CAGR over the forecast period (2020-2026) owing to growing usage of mobile devices such as smartphones & tablets by customers and employees, companies face challenges of handling a diversity of structured and unstructured data, which is one of the major factors driving the growth of the storage as a service market. Moreover, the increased necessity for the cost-effective business process is also anticipated to boost the growth of the storage as a service market. The surge in e-commerce in this region is also accountable for investors looking at expanding their operations in this part of the world. With next-gen Internet technologies paving the way with zero downtime, low latency, and seamless connectivity, cloud computing will emerge as a strong business opportunity, promoting growth of STaaS.

 

North America dominates the market share in the global storage as a service (STaaS) market

In 2019, North America contributed highest revenue share followed by Europe, and Asia Pacific in the global STaaS market.  Asia Pacific region is anticipated to grow with a significant CAGR over the forecast years owing to increasing focus on inorganic growth by the market players in the region and strategic collaborations and acquisitions in the region are the major factors driving the growth of the market. Furthermore, the rapid economic growth and increasing investments for digitalizing IT infrastructure in the countries of South Asia & Pacific is playing an important role in development of STaaS market in South Asia and Pacific. Adoption of digital payments, even in rural areas and cloud computing in the IT services, which forms the strengthens the backbone of Indian economy have fuelling this regional market.

 

Competition Assessment

Key player’s profiles in the global storage as a service (STaaS) market include:

  • Google
  • AT&T
  • Microsoft
  • HPE
  • Quantum Corporation
  • AWS
  • Dell Technologies
  • Hitachi Vantara
  • Zadara Storage
  • IBM Corporation
  • Rackspace Inc.
  • Cloudian

 

Key Findings of the Report:

  • Global storage as a service (STaaS) market expanding at significant CAGR over 2020 to 2026 owing to the rapid economic growth and increasing investments for digitalizing IT infrastructure
  • Based on region, North America accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on developments and collaboration strategies to retain market position in global market

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Type

  • Cloud NAS (File Storage)
  • Cloud SAN (Block Storage)
  • Cloud Archiving
  • Cloud Backup

By Application

  • SMEs
  • Large Enterprises

 

By Application

  • BFSI
  • IT and Telecom

Geography

 

North America

  • USA
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA


Location

GEOGRAPHY

PBI Location Map

 

Competition Assessment

Key player’s profiles in the global storage as a service (STaaS) market include:

  • Google
  • AT&T
  • Microsoft
  • HPE
  • Quantum Corporation
  • AWS
  • Dell Technologies
  • Hitachi Vantara
  • Zadara Storage
  • IBM Corporation
  • Rackspace Inc.
  • Cloudian

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