Global Cloud Object Storage Market Insights, Overview, Analysis and Forecast 2027

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Status: In Progress  |  Genre: Other  |  House: Booksie Classic

Global Cloud Object Storage Market fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site.

Market Scenario:

IBM Corporation a prominent player in Global Cloud Object Storage Market offers widest and most flexible ranges of object storage solutions in the industry. It enables enterprises by allowing them to select the deployment option that meets their needs, including public, dedicated and hybrid cloud or on-premises solutions. Hewlett-Packard Enterprises a major player in cloud storage market has designed cloud object storage technology for ultra-high durability of the data that is available for immediate retrieval. Every object is copied three times and stored in physically separate availability zones. HP Cloud Object Storage is powered by Open Stack technology and runs on high-performance HP servers.

 

COVID-19 Analysis:

The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Global Cloud Object Storage Market fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Global Cloud Object Storage Market to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Global Cloud Object Storage Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.

 

 

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Competitive Outlook:

The prominent players in the cloud object storage market are- Dell EMC (U.S.), International Business Machines Corporation (U.S.), Hewlett-Packard Enterprise (U.S.), Caringo Inc. (U.S.), Hitachi Data Systems (U.S.), Datadirect Networks (U.S.), Netapp, Inc. (U.S.), International Data Corporation (U.S.), Microsoft Corporation (U.S.), Google (U.S.) among others.

Segmentation:

The global Cloud Object Storage Market is segregated on the grounds of the type of storage, organization size, storage technology deployment, vertical, services, and region.

On the basis of storage type, the global Cloud Object Storage Market is further classified into Solid State Drives (SDDs), Hard Disk Drives (HDDs).

On the basis of organization size, the global Cloud Object Storage Market  is divided into large enterprises and SME. The video surveillance storage comprises extensive areas of sectors such as education, BFSI, retail, healthcare, transportation, government, and others.

On the basis of storage technology the global Cloud Object Storage Market  is segregated into Storage Area Network (SAN), Network Attached Storage (NAS) and Direct Attached Storage (DAS).

On the basis of deployment, the global Cloud Object Storage Market  is further classified into on-cloud and on-premise.

On the basis of services, the global Cloud Object Storage Market  is further classified into managed services and professionals.

 

Regional Analysis:

 

The global Cloud Object Storage Market has been analysed for Asia Pacific, Europe, North America, and the Rest of the World. North America is expected to seize a considerable market share during the review period. The rising surveillance data and requirement for cloud-based storage solutions are bringing an impact on the market in this area. The crucial participation of major players in the region and the advancement of unique storage solutions are propelling the market expansion.

The APAC region is anticipated to witness a high rate of expansion during the review period. The adoption of video surveillance across several organizations and the requirement for storage facilities are affecting the market in this region. The video data such as object identification, motion detection, and various tools are aiding in expanding the market size.

Europe Cloud Object Storage market is estimated to

exhibit a decent expansion. Europe has seized the second position in the market. However, the Asia Pacific region is estimated to display a significant expansion throughout the review period. Several organizations in China, Taiwan, and India are adopting cloud-based storages, which is increasing the requirement and demand for Cloud Object Storage Market. Also, video surveillance storage in the APAC region is aiding in the expansion of the worldwide market.

 

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Table of Contents:

1Executive Summary

2Scope of the Report

2.1Market Definition

2.2Scope of the Study

2.2.1Research objectives

2.2.2Assumptions & Limitations

2.3Markets Structure

3Market Research Methodology

3.1Research Process

3.2Secondary Research

3.3Primary Research

3.4Forecast Model

Continued….

 

 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

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Submitted: May 23, 2021

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