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Covid-19 Impact on Cloud storage Market is Likely to Experience a Tremendous Growth by 2027

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The global Cloud storage Market is estimated to grow at a CAGR of 21%, during the forecast period 2021-2027, according to a recently published report by Astute Analytica. The report provides a comprehensive analysis of segments in the Cloud storage market, covering all the major regions and countries. The major regions analyzed in the study are North America, Europe, Asia Pacific, South America, and Middle East & Africa. The report also includes additional information related to key market determinants such as trends, drivers, challenges, and restraints that hinders the overall market growth with an overview for each mentioned segment in the study.

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Key market segments of the Cloud storage Market are:

By Component:


Migration and Integration

Support and Maintenance

Training and Consulting

Managed Services


Block Storage

File Storage

Object Storage

By Application:

Primary Storage

Disaster Recovery and Backup

Cloud Storage Gateway

Data Archiving

By Enterprise Size:

Small and Medium Enterprises

Large Enterprises

By Deployment:

Public Cloud

Private Cloud

Hybrid Cloud

By Industry Vertical:


IT and Telecommunications


Retail and Consumer Goods


Transportation and Logistics



Regional Analysis

Asia Pacific

North America


South America

Middle East & Africa

The research study offers a detailed regional analysis of global market scenarios, by including current market trends and future forecasts. The study also offers an in-depth analysis of major driving factors, market segments, regional and country-level analysis, and key players present in the market. Moreover, the report also focuses on competitive scenarios across different geographies, along with some key market strategies such as mergers and acquisitions, R&D activities, new product developments, and more.

List of major players operating in the Cloud storage market:

The market-oriented strategies adopted by market players in order to stand with market competition. The market strategies are Mergers & Acquisitions, New Product Launches, Business Expansions, Partnerships, Agreement & Collaborations.

Major players present in the market are listed in company profile section of the research report, some key players are—

Amazon Web Services Inc.

Dell Technologies Inc.

Google, Inc.

Hewlett Packard Enterprise Development LP

IBM Corporation

Microsoft Corporation

Oracle Corporation

Rackspace Hosting, Inc.

Alibaba Cloud


Other Prominent Players

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Why purchase this report

The report provides an in-depth analysis of the current and future market trends.

Analysis based on historical information along with the current trends to estimate the future of the market.

Key strategic initiatives considered by major players operating in the market along with benchmark studies analysis for the key players.

Analysis at global, regional, and country-level markets.

Analysis of the impact of constantly changing global market scenarios.

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