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Global Cloud Storage Market Size

Global Cloud Storage Market size was valued at USD 185.49 billion in 2021 and is poised to grow from USD 217.02 billion in 2022 to USD 777.98 billion by 2030, growing at a CAGR of 17.8% in the forecast period (2023-2030).<br><br>

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Global Cloud Storage Market Size

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  1. Global Cloud Storage Market Size, Share, Growth Analysis, By Type, By Application - Industry Forecast 2023-2030 Global Cloud Storage Market size was valued at USD 185.49 billion in 2021 and is poised to grow from USD 217.02 billion in 2022 to USD 777.98 billion by 2030, growing at a CAGR of 17.8% in the forecast period (2023-2030). Global Cloud Storage Market size was valued at USD 185.49 billion in 2021 and is poised to grow from USD 217.02 billion in 2022 to USD 777.98 billion by 2030, growing at a CAGR of 17.8% in the forecast period (2023-2030).Causes that contribute to the expansion of the cloud storage market are the rising volume of unstructured data and the rising need for advanced technologies such as the internet of things, artificial intelligence, analytics, and automation, among others. The cloud stores and manages data through the internet and can be given on-demand and according to a pay-per-use model. Additionally, cloud-based data storage offers worldwide scalability, flexibility, remote access, and durability. These are some of the major reasons for the growth of the cloud storage market during the analysis period. Cloud Storage Market Analysis by Type Public cloud deployment held the greatest market share of the global cloud storage market in 2021. There are various deployment options for cloud storage data, including public deployment, private deployment, and hybrid

  2. deployment. As cloud storage expenditures continue to climb, the public cloud business is expected to grab a significant share of the cloud storage market. The rising willingness of consumers to spend money on public cloud deployment will be a key driver of industry growth during the forecast period. Global Cloud Storage Market Regional Insights In 2021, North America accounted for the largest market share of the global cloud storage market and was predicted to hold this dominance during the analysis period. The US has the dominating share of the industry because it is home to numerous data centers and cloud service providers. Also, a large sum of data is created regularly because smart home gadgets, connected devices, video streaming services, and digital payments are becoming more popular. These are some of the major factors driving demand for cloud storage facilities and propelling the market growth during the analysis period. View market more info: https://www.skyquestt.com/report/cloud-storage- Cloud Storage Market Top Player’s Company Profiles •IBM Cloud Storage •Dropbox •Box •Apple iCloud •pCloud •Sync.com •Backblaze About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address:

  3. 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter

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