The global cloud storage market generated revenue of US$ 47.7 billion in 2020 and is expected to reach US$ 137.4 billion by 2025 with a CAGR of 23.6% in the forecast period. The cloud storage market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global cloud storage market. In qualitative terms, the cloud storage market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of cloud storage in various segments such as by component, enterprise size, industry at global, regional, and country-level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.

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Cloud Storage Market
Global Industry Analysis & Forecast US$
Million, 2019 – 2027

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Global Cloud Storage Market
2
Scope of the Report
 Global Cloud Storage Market , By Component
 Solution & Platform/API
 Primary storage
 Disaster recovery and backup
 Cloud storage gateway
 Data archiving
 Services
 Professional Services
 Managed Services
 Global Cloud Storage Market , By Enterprise Size
 Large Enterprises
 Small & Medium Enterprises
 Global Cloud Storage Market , By Region
 North America Cloud Storage Market
 Europe Cloud Storage Market
 Asia Pacific Cloud Storage Market
 Middle East & Africa Cloud Storage Market
 Latin America Cloud Storage Market
 Company
 Alibaba Group
 Amazon Web Services, Inc.
 Dell EMC
 Google LLC
 Hewlett Packard Enterprise
 International Business Machines Corporation
 Microsoft Corporation
 Oracle Corporation

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Global Cloud Storage Market
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Regions Covered
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
S. Korea
Indonesia
Australia & New
Zealand
ASEAN Countries
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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Global Cloud Storage Market
Global Cloud Storage Market Introduction
4
The global cloud storage market generated revenue of US$ 47.7 billion in 2020 and is expected to reach US$ 137.4
billion by 2025 with a CAGR of 23.6% in the forecast period. The cloud storage market report offers a comprehensive
market analysis of the different segments and regions that lets readers make crucial business-related decisions with a
wealth of information enclosed in this report. The research report offers both qualitative and quantitative information
on the global cloud storage market. In qualitative terms, the cloud storage market report provides insights into
numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis,
porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level.
Similarly, in quantitative terms, the report provides historical and forecast market numbers of cloud storage in various
segments such as by component, enterprise size, industry at global, regional, and country-level. In addition, the report
provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the
competitive market environment and includes information on the capabilities and competencies of market vendors.
Segment Analysis
Solutions segment accounts the dominating position in the market.
Based on components, the cloud storage market is segmented into solutions and services. The solutions segment
holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the
forecast period. The solutions segment is further segmented into primary storage, disaster recovery and backup,
cloud storage gateway, data archiving. The primary storage solution type is projected to have the largest market
share in the forecast period. Moreover, the service segment is expected to grow with the highest CAGR in the
forecast period. The service segment is further segmented into professional and managed services. The

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Global Cloud Storage Market
Global Cloud Storage Market Introduction
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professional service segment accounts the dominant position in the market in 2020 whereas the managed
service segment is expected to grow with the highest CAGR in the forecast period.
Large Enterprises segment accounts the dominating position in the market.
Based on enterprise size, the cloud storage market is segmented into small & medium enterprises and large
enterprises. The small & medium enterprises segment is expected to grow with the highest CAGR during the
forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and
is expected to retain its dominance throughout the forecast period.
Banking, financial services, and insurance (BFSI) segment account the dominating position in the market.
Based on industry, the market for cloud storage is segmented into banking, financial services, and insurance
(BFSI), healthcare and life sciences, telecommunications, IT and information technology-enabled services (ITES),
energy and utilities, education, government and public sector, manufacturing, consumer goods and retail, media
and entertainment and others. Over the projection period, banking, financial services, and insurance segment
hold the dominating position in the market in 2020 and are expected to retain its dominance throughout the
forecast period.
North America accounts the dominating position in the market.
Based on the region, the cloud storage market is segmented into North America, Europe, Asia Pacific, Middle East
& Africa, and Latin America. North America is expected to contribute the larger market share in 2020. The United
States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to
rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven

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Global Cloud Storage Market
Global Cloud Storage Market Introduction
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countries in the world.
Cloud Storage Market Players:
Some of the major players of cloud storage market are Amazon Web Services, Inc., International Business
Machines Corporation, Microsoft Corporation, Oracle Corporation, Google LLC, Alibaba Group, VMware, Inc.,
Rackspace Inc., Hewlett Packard Enterprise, Dell EMC. The study also focuses on different business or inorganic
market growth strategies through technology advancement, business expansion, alliances and mergers and
acquisitions to create disruptive technologies and consumer networks.
Key questions the report answers
Which factors will contribute to a change in the demand for cloud storage during the evaluation phase?
What are the major driving factors that accelerate the growth of the market?
What are the restraints which hinders the growth of the market?
What segment offers the most development opportunities?
Which region provides the key growth opportunity to the market?
Who are the major industry players?
What are the key strategies adopted by the market players?

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Global Cloud Storage Market
Global Cloud Storage Market Introduction
Global Cloud Storage Market Size, US$ Million (2020 – 2027)
XX XX
XX
XX
XX
XX
XX XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Global Cloud Storage Market Opportunity Analysis Size, US$
Million (2020 – 2027)
7
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX% XX%
XX%
XX% XX%
XX XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Total Opportunity

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Global Cloud Storage Market
Global Cloud Storage Market Introduction
Global Cloud Storage Market Share Analysis, by Component,
(2020 & 2027)
Global Cloud Storage Market Share Analysis, by Enterprise Size,
(2020 & 2027)
8
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX%
Solution Services
2020
2027
2020
2027
XX%
XX% XX%
XX%
Small & Medium Enterprises Large Enterprises

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Global Cloud Storage Market
Global Cloud Storage Market , by Component
Global Cloud Storage Market Analysis and Forecast, by Component, US$ Million (2020 – 2027)
Component 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Solution
Primary storage
Disaster recovery
and backup
Cloud storage
gateway
Data archiving
XX XX XX XX XX XX XX XX XX XX
Services
Managed Services
Professional
Services
XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
9
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

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Global Cloud Storage Market
Global Cloud Storage Market , by Enterprise Size
Global Cloud Storage Market Analysis and Forecast, by Enterprise Size, US$ Million (2020 – 2027)
Enterprise Size 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Small & Medium
Enterprises
XX XX XX XX XX XX XX XX XX XX
Large Enterprises XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
10
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

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Global Cloud Storage Market
Global Cloud Storage Market , by Region
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XX
XX XX
XX XX
XX
XX
XX
XX XX
North America Europe Asia Pacific Middle East & Africa Latin America
US$ Million
2020 2027
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% XX%
North America
Europe
Asia Pacific
Middle East & Africa
Latin Maerica
2020
2027
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

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Global Cloud Storage Market
Global Cloud Storage Market , by Region
Global Cloud Storage Market Analysis and Forecast, by Region, US$ Million (2020 – 2027)
Region 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
North America XX XX XX XX XX XX XX XX XX XX
Europe XX XX XX XX XX XX XX XX XX XX
Asia Pacific XX XX XX XX XX XX XX XX XX XX
Middle East & Africa XX XX XX XX XX XX XX XX XX XX
Latin America XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
12
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

13. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Cloud Storage Market , Company Share Analysis, 2020 (%)
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Global Cloud Storage Market
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Alibaba Group
Amazon Web Services, Inc.
Dell EMC
Google LLC
Hewlett Packard Enterprise
International Business Machines Corporation
Microsoft Corporation
Oracle Corporation
Rackspace Inc.
VMware, Inc.
Others

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Global Cloud Storage Market
14
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