Cloud Object Storage Market Demand, Size, Share, Scope & Forecast To 2028

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Increasing demand for fast transfer of data, data recovery, and data availability with no downtime, and data security threat are some key factors driving market growth

The Global Cloud Object Storage Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Cloud Object Storage market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The media industry faces challenges related to storing, managing, accessing, and facilitating collaboration for vast volumes of data. Interactive television, multiscreen formats, virtual reality, 4K, and 8K video requires large storage capacity, which traditional storage fails to provide. Cloud object storage provides limitless capacity for information storage, real-time video access, eliminates cost, thus allowing video producers to generate more content more frequently. Object storage allows businesses to store large datasets, including video clips, medical images, photos, backup data, and surveillance videos, on a single system. That is why cloud object storage systems are used by Amazon Prime Video, Comcast, Netflix, and YouTube for video storage needs.

The report sheds light on the minute details of the Cloud Object Storage industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2028. The report assesses the historical data and current scenario to offer accurate estimations of the Cloud Object Storage market in the coming years. The report provides a thorough estimation of the overall impact of the pandemic on the Cloud Object Storage market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Cloud Object Storage market.

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North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also studies the key companies of the Cloud Object Storage market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.

Some players analyzed in the report are:

  • Oracle Corporation,
  • Cisco Systems, Inc.,
  • Hewlett Packard Enterprise,
  • International Business Machines Corporation,
  • Microsoft Corporation, 
  • Hitachi Data System,
  • Google LLC,
  • Amazon Web Services, Inc.,
  • Datadirect Networks, and
  • Dell EMC

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North America held largest revenue share in 2020 and is expected to maintain its leading position during the forecast period. Steady growth can be attributed to presence of major market players in the region, huge investments in RD by the technocrats, and enhanced infrastructure. Increasing data volumes from various vertical, and technologies such as cloud computing, big data analytics, and Internet of Things are boosting cloud object storage market revenue growth.

Emergen Research has segmented the cloud object storage market based on deployment, enterprise-size, end-use, and region:

Deployment Outlook (Revenue, USD Billion; 2018-2028)

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Enterprise Size Outlook (Revenue,USD Billion; 2018-2028)

  • SMEs
  • Large Enterprises

End-Use Outlook (Revenue, USD Billion; 2018-2028)

  • Social Media Platforms
  • IT Telecommunication
  • BFSI

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Cloud Object Storage market?

What are the key product types and applications of the Cloud Object Storage industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Cloud Object Storage market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Cloud Object Storage Market by 2027?

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