Storage as a Service Market to Witness Robust Growth by 2026

1. Presents a Research Report on Storage as a Service Market Storage as a Service Market is segmented by Type (Cloud NAS, Cloud SAN, Cloud Backup, Cloud Archiving), Organization Size (Large Enterprises, Small- and Medium-sized Enterprises), Industry Vertical (IT and Telecom, BfSI, Healthcare, Retail and Consumer Goods, Manufacturing, Government and Public Sector, Education, Energy and Utilities) and Region - COVID-19 Impact Analysis and Forecast to 2026.  sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Storage as a Service Market Highlights& Drivers • The Storage as a Service Market is expected to grow from USD 48.67 billion in 2020 to USD 159.28 million by 2026 at a CAGR of 21.5% during the forecast period. • MarketDynamics • The storage as a service market is gaining traction due to the enterprise's need to reduce capital expenditure (CAPEX) and operational expenditure (OPEX), support employee mobility, and store an enormous volume of data generated daily. • The use of AI to manage cloud-based services gives new opportunities for growth to the service providers. However, security concerns associated with cloud infrastructure obstruct the growth of the market.

3. Market Insight • Segment Analysis • End-User Trends • Among the end users, IT and Telecom industry vertical is expected to the largest user of storage as a service due to the growing trend of work of home in the industry. • 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. • Regional Trends • In terms of regions, North America dominates the market, and this trend is expected to continue during the forecast period. • 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.

4. Competitive Insights • Key Players • 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).

5. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

6. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

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