Storage as a Service Market research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Storage as a Service Market report 2016-2020 focuses on the major drivers and restraints for the key players. The Storage as a Service market research report is a professional and in-depth study on the current state of Storage as a Service Industry.
Analysts forecast the global Storage as a Service market to grow at a CAGR of 29.59% during the period 2016-2020.
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The research report covers the present scenario and the growth prospects of the global Storage as a Service industry for 2016-2020.
Storage as a service allows data to be remotely managed, maintained, and backed. Users can store and access any data from any location. The services can be accessed through any network, typically over the Internet. Cloud-based storage reduces the capital expenditure (CAPEX) and gives an ease of access; however, enterprises need to be aware that data need to be locally backed up because recovering data from cloud is comparatively slower.
Even though there are some disadvantages to cloud storage, the majority of enterprises believe that the benefits offset the risks. Cloud-based storage provides low-cost metered storage option. The cost of on-premise storage per gigabyte per month ranges from 75 cents to $1.20 compared to cloud storage that can be as low as 4 cents/GB/month.
Storage as a Service Market Segmentation by Technology:
• Global storage as a service market by stand-alone and platform-attached storage
• Global storage as a service market by cloud archiving segment
• Global storage as a service market by cloud backup segment
Key Vendors of Storage as a Service Market:
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The Storage as a Service market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Storage as a Service market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Storage as a Service Market Driver:
• Need to orchestrate cloud-based storage systems
• Governance, risk, and compliance requirements
• Need to gather, manage, and extract value from big data
• Increased need for data archiving
Storage as a Service Market Challenge:
• Cloud data security
• Bandwidth limitations
• Interoperability issues
Storage as a Service Market Trend:
• Emergence of OpenStack
• Increased adoption of archive as a service
• DBaaS as next big thing
• Emergence of cloud-based storage gateways
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Geographical Segmentation of Storage as a Service Market:
The report provides a basic overview of the Storage as a Service industry including definitions, segmentation, applications, key vendors, market drivers and market challenges. The Storage as a Service market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Storage as a Service market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
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