The new report titled ‘Global Cloud Object Storage Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Cloud Object Storage market outlook over the forecast duration (2021-2028). Researchers have examined the global market holistically and emphasised the elements that affect the market’s overall expansion. The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the various market sectors using effective analytical tools like SWOT analysis and Porter’s Five Forces. The study includes vital information, like the market shares of the major players, that aids the reader in gaining a thorough understanding of the Cloud Object Storage market. The most recent research study serves as the ideal illustration of the thorough analysis of the international Cloud Object Storage market. The table of contents, a list of tables and figures, research methods, geographic segmentation, competitive environment, upcoming developments, and technological innovation are all included in this document. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.
The global cloud object storage market size is expected to reach USD 13.65 Billion in 2028 and register a CAGR of 13.6% during the forecast period, according to the latest analysis by Emergen Research. Factors such as increasing demand for fast transfer of data, data recovery, and data availability with no downtime, and data security threats are driving market revenue growth.
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Some of the key participants in this industry include:
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 Corporation
The global Cloud Object Storage market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Cloud Object Storage market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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This report is the latest document encompassing the massive changes that took place in the Cloud Object Storage market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Cloud Object Storage market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
- 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
- Others
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Cloud Object Storage market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Cloud Object Storage in the near future?
- What is the regulatory framework governing the application of Cloud Object Storage in the food industry?
- Which manufacturing processes are utilized for the production of Cloud Object Storage?
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