Global Cloud Storage Gateway Market 2016-2020

Outlook of the global cloud storage gateway market

Technavio’s market research analyst anticipates the global cloud storage gateway (CSG) market to grow at a profound CAGR of approximately 41% during the forecast period. The growing demand for cloud-based storage and the recent increase in enterprise data will aid in the growth of this market. Recently, it has been observed that many enterprises are struggling to handle the data generated by the augmented use of mobile technologies. Consequently, many enterprises are backing up their vital data in the cloud due to its cost effectiveness. The ability of CSG to facilitate the transfer of data from on-premise platforms to a cloud-based storage platform will result in its augmented adoption during the predicted period.

Recent product innovations are expected to boost market growth during the forecast period. During the forecast period, it has been observed that many vendors are constantly innovating in packaging and formulations, and are even inventing new ways to increase the consumption of their products. Cloud service providers such as Amazon and Microsoft offer virtual gateway appliances for enterprises adopting their cloud storage platforms. Also, modern storage arrays are also being equipped with gateway support features to facilitate the transfer data to the cloud. The advent of new and improved gateway support features will help this market to gain significant traction during the estimated period.

Geographical segmentation of the cloud storage gateway market

• Americas
• APAC
• EMEA

In this market study, analysts have estimated the Americas to be the largest market for CSG during the forecast period. This region currently dominates the global CSG market and accounts for a market share of around 52%. It is expected that the adoption of storage gateway appliances will be more among SMEs as many large enterprises have already started using gateway solutions to transfer their data to the cloud. The enterprises’ growing preference for physical or virtual appliances that are equipped with advanced security features will result in the growth of this market in the Americas until the end of 2020.

Competitive landscape and key vendors

The global CSG market is highly fragmented due to the presence of numerous small and large vendors. The providers in the market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion. The high level of vendor competition in this market has led an increased number of mergers and acquisitions, wherein smaller entities are being acquired by, or are being merged with, major players.

Leading vendors in the market are -

• ABB
• Amazon Web Service
• CTERA Networks
• EMC
• Emulex
• Microsoft
• NetApp

Other prominent vendors in the market are Agosto, Maldivica, and Nasuni.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global cloud storage gateway market?
• What are the key market trends impacting the growth of the global cloud storage gateway market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global cloud storage gateway market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global cloud storage gateway market?

Technavio also offers customization on reports based on specific client requirement.

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