Enjoy complimentary customisation on priority with our Enterprise License!
The stand alone cloud storage market size is forecast to increase by USD 97.41 billion at a CAGR of 30.08% between 2023 and 2028. The market is experiencing growth driven by reduced capital and operating expenditures (OPEX), alongside the escalating demand for virtually unlimited storage and big data solutions. The significant expansion of the Internet of Things (IoT) and big data analytics further fuels this upward trend, as organizations seek to leverage vast amounts of data for strategic insights. However, the market faces several challenges, including stringent government regulations that require compliance and can complicate operational processes. Additionally, concerns related to cyberattacks pose significant risks to data security, necessitating strong cybersecurity measures. Migration and latency issues also present hurdles, impacting the efficiency and reliability of data processing solutions. Addressing these challenges requires innovative approaches to enhance data security, streamline compliance processes, and improve system performance. By overcoming these obstacles, the market can continue to expand, meeting the growing demands for storage and analytics in an increasingly digital world.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive 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.