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Storage as a Service Market Projected to Grow at a Steady Pace During 2022-2027
Storage as a Service Market Projected to Grow at a Steady Pace During 2022-2027
Stratview Research delivers key insights on the global Storage as a Service Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.

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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.

Key Players

The following are some of the key players in the Storage as a Service Market:

• AWS (The U.S),

• IBM (The U.S),

• Google (The U.S),

• Microsoft (The U.S),

• HPE (The U.S),

• Hitachi Vantara (The U.S),

• Dell Technologies (The U.S),

• Rackspace (The U.S),

• Zadara Storage (The U.S),

• AT&T (The U.S),

• Cloudian (The U.S),

• Pure Storage (The U.S),

• Quantum Corporation (The U.S), and

• Netmagic Solutions (India).

Growth drivers and Market Value:

This report, from Stratview Research Storage as a Service Market value and growth drivers over the trend period of 2022-27. According to the report -

The Global Storage as a Service Market is expected to grow from USD 48.67 billion in 2021 to USD 159.28 million by 2026 at a CAGR of 21.5% during the forecast period.

Segment Analysis:

Based on by End-User Type:

• The industry vertical is adopting all those solutions and services which can allow their employees to easily work from anywhere-anytime.

• Healthcare sector is expected to show significant growth rate in the storage as a service market owing to the increasing digitalization of the sector and sudden increase in the demand for effective healthcare services.

Based on Regional:

The region is the home of many cloud giants, and it has also shown a fast adoption of cloud-based services across all sectors in the past. Asia Pacific is expected to witness the highest CAGR during the forecast period due to the increasing number of small- and medium-sized businesses in the region that look for low-cost IT infrastructure solutions and storage as a service that fulfils such requirements.

 

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FREQUENTLY ASKED QUESTIONS

The report answers several questions related to the market. The user can get to know the answers to the following questions…

-        What is the global demand for Storage as a Service Market in terms of revenue?

-        Which are the prominent players in the market?

-        At what CAGR is the market projected to grow within the forecast period?

-        What are the driving factors fuelling the growth of the market?

-        Which region accounted for the largest share in the market?

-        How did the Covid19 impacted the market?

-        How long will it take to recover from the Covid impact?

Why Stratview Research?

-        Exhaustive qualitative and quantitative data

-        Uninterrupted post-sales support

-        Appropriate market trend and forecast analysis.

-        All-inclusive report

-        Decent price-performance ratio

-        Reliable data

-        Attractive market segments and associated growth opportunities.

-        Customised report services

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Stratview Research is a leading global market research firm providing expert research solutions, trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred to, and cited by press releases, interview with key players, white papers, journals, etc. Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our team.

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