Cloud Storage Market Outlook 2027 By Deployment Model, Size, Share, Trends, Growth
According to TechSci Research, Global Cloud Storage Market is expected to grow at a CAGR of over 20% in value terms owing to increasing adoption of cloud storage gateways, growing requirement for enterprise mobility for improved efficiency and growing technological advancements. Based on type, the market is segmented into software and services. The services segment is expected to dominate the cloud storage market during 2022-2027 owing to growing adoption in SME’s due to ease flexibility and ease of use. In 2021, North America region holds the largest market share due to growing technological advancements, growing investments in technologies, fluctuating job to the cloud environment and increasing need for efficient computing framework. The major companies providing cloud storage are IBM, Microsoft, Google and many more.

Some of the leading players in the Global Cloud Storage market are IBM, Microsoft, Oracle, Google, HPE, Dell, Dropbox, VMware, AWS, Rackspace etc.
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- To analyse and forecast the market size of Cloud Storage, in terms of value.
- To classify and forecast global Cloud Storage based on type, deployment type, organizational size, vertical and regional distribution.
- To identify drivers and challenges for Global Cloud Storage.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Cloud Storage.
- To conduct the pricing analysis for Cloud Storage.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Cloud Storage.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Service Providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Service Providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration Service Providers across the globe.
TechSci Research calculated the market size of global Cloud Storage using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Global Cloud Storage Vendors
· Telecom service providers
- Training and consulting service providers
- Managed service providers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type · Deployment Model · Organization size · Vertical |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Italy, Poland, Austria, Romania, Netherlands, South Africa, UAE, Saudi Arabia; Qatar, Brazil, Argentina, Colombia |
Key companies profiled | IBM, Microsoft, Oracle, Google, HPE, Dell, Dropbox, VMware, AWS, Rackspace. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global Cloud Storage market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- Solution
- Services
- Market, By Deployment Model:
- Public Cloud Storage
- Private Cloud Storage
- Hybrid Cloud Storage
- Market, By Organization Size:
- Small & Medium-Sized Enterprises
- Large Enterprises
- Market, By Vertical:
- Telecommunications & ITES
- Manufacturing
- BFSI’s
- Healthcare & Life Sciences
- Consumer Goods & Retail
- Others
- Market, by Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Cloud Storage.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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