Global Storage as a Service Industry Overview
Analyzing factors that will have a significant impact on the growth of the market, our analysts have identified the shift from the CAPEX model to the OPEX model to be major factors driving the growth of the storage as a service market size. The implementation of OPEX model results in an increased adoption of storage-as-a-service in several industry verticals. These services are flexible in terms of deployment model and are reliable and cost-effective. They eliminate the need for cost of software licensing, hardware for storage, system design and customization, implementation, training, and maintenance.
“Cloud based services is gaining traction as subscription-based models of cloud-based storage ensure that enterprises pay only for the storage. Enterprises can retrieve data on demand from the cloud when required and make modifications. There is no fixed upfront cost, which makes end users prefer cloud storage.”, says a senior research analyst at Technavio for the IT professional services industry.
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Companies covered
The storage as a service market is fragmented since the market has a large number of companies who offer cloud storage solutions for disaster recovery and data archiving solutions and services. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the storage as a service companies, this storage as a service industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of storage as a service providers including:
- Alphabet
- Amazon.com
- Hewlett Packard Enterprise
- IBM
- Microsoft
Storage as a service market growth based on geographic regions
The adoption of storage as a service is high in the Americas due to the popularity of cloud services in industrial and private sectors and overall maturity and growth in these sectors. With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute the most to the growth throughout the projected period.
Storage as a service market growth based on technology
- Stand-alone and platform-attached storage
- Cloud archiving
- Cloud backup
According to our market research experts, the stand-alone and platform-attached storage segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the storage as a service market size.
Key highlights of the global storage as a service market for the forecast years 2018-2022:
- CAGR of the storage as a service market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the storage as a service market during the next five years
- Precise estimation of the global storage as a service market size and its contribution to the parent market
- Accurate predictions on upcoming storage as a service trends and changes in consumer behavior
- Growth of the storage as a service industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market's competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of storage as a service companies
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global storage as a service market and its stakeholders over the forecast years.
The market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the storage as a service market over the coming years are the over the top market and the software testing market.
Technavio also provides customized reports based on the specific requirement of clients.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY DEPLOYMENT
- Segmentation by deployment
PART 08: MARKET SEGMENTATION BY TECHNOLOGY
- Segmentation by technology
- Comparison by technology
- Stand-alone and platform-attached storage – Market size and forecast 2017-2022
- Cloud archiving – Market size and forecast 2017-2022
- Cloud backup – Market size and forecast 2017-2022
- Market opportunity by technology
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Rise in adoption of hybrid cloud storage systems
- Increased adoption of BYOD policy
- Emergence of virtualization technologies
- Emergence of hyper-convergence technology
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Alphabet
- Amazon.com
- Hewlett Packard Enterprise
- IBM
- Microsoft
PART 16: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape