World public private cloud storage industry forecasts

This share loss and the growing share of cloud environments in overall spending on IT infrastructure is common across all regions.

However, the LAMEA region slowly adopts cloud storage solutions across industry verticals such as government, retail, and healthcare. Meanwhile, compute platforms will decline by 2. Growth in demand for low cost data storage, backup, and data protection augments the growth of the cloud storage market among several user groups including small, medium, and large enterprises.

Cloud storage market share 2018

The spending guides are delivered via pivot table format or custom query tool, allowing the user to easily extract meaningful information about each market by viewing data trends and relationships. Providing access to data from anywhere is the main reason for cloud adoption. Now back to our cloud computing stats. Companies can benefit from the built-in cloud security. They will be the other two industries to feature among the top five spenders in Think of it as a closed-environment laboratory for app developers. And even just a slow website hurts your bottom line way too much. Countries such as India and China are emerging IT hubs and are working heavily on cloud based systems and therefore, more varieties of cloud based applications are expected to appear in the near future. Founded in , IDC is a wholly-owned subsidiary of International Data Group IDG , the world's leading media, data and marketing services company that activates and engages the most influential technology buyers. Software as a Service SaaS will be the largest category of cloud computing, capturing more than half of all public cloud spending in We live in an age of BYOD workers and flexible working hours. To provide country level analysis of the market with respect to the current market size and future perspective. PaaS spending will be the second-fastest growing category

Ethernet switches will be the fastest growing at Privacy and security are the two main roadblocks for cloud adoption. The industries that will see the fastest spending growth over the five-year forecast period are professional services Security is costly and not everyone can afford it.

The result will be 'multiplied innovation' with as many new applications deployed in the cloud as prior generations deployed over the previous four decades.

Get more information on this report : Request Sample Pages Asia-Pacific is expected to be the fastest growing regional segment in the near future, with the highest CAGR.

Cloud storage market size

Hybrid cloud — this is when a company uses both a public and a private cloud. Need for easy implementation of cloud storage systems is another factor fueling the growth of cloud storage market. Meaning, they use more than one public or private cloud. With more than 1, analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over countries. Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies in the cloud storage market. The data stored on cloud can be accessed and shared across devices through internet. The infrastructure service just makes progress faster. Study Objectives of Cloud Storage Market: To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the cloud storage market. Growth in demand for hybrid cloud storage majorly drives the market in the region. These will remain the top five industries in due to their continued investment in public cloud solutions. Segments: Cloud storage market can be segmented on the basis of following: By Component:. But what type of cloud do they choose? Coverage Worldwide Topics Covered. Get more information on this report : Request Sample Pages The global cloud storage market is segmented into private, public, and hybrid models based upon deployment mode. They will be the other two industries to feature among the top five spenders in

Latin America will also deliver strong public cloud spending growth, led by Brazil

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