Enjoy complimentary customisation on priority with our Enterprise License!
The cloud storage services market size is forecast to increase by USD 123.84 billion at a CAGR of 19.56% between 2023 and 2028. The market is experiencing significant growth due to the increasing generation of unstructured data and the high adoption of cloud computing by small and medium enterprises (SMEs). The scalable model of cloud storage offers businesses uninterrupted services and seamless monitoring, making it an attractive solution for organizations across various verticals. Technology development has led to user-friendly and secure cloud storage services such as hybrid cloud, enabling easy accessibility to data from anywhere, anytime. However, challenges such as company lock-in issues persist, limiting user-control and flexibility. The software stack of continues to evolve, with advancements in backup and self-driving cars expected to further boost market growth. Overall, the market is poised for continued expansion, driven by the need for secure and scalable storage solutions for unstructured data.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.