Global Stand-alone Cloud Storage Market by Types, Deployment, Enterprise Size, End-users, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026.

The global stand-alone cloud storage market is anticipated to expand at a CAGR of around 23.7% during the forecast period, 2020–2026.

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Cloud storage is a model in which data is transmitted and stored on remote storage systems, where it is managed, backed up, maintained, and made available to users over a network. These servers are operated, managed, and maintained by cloud storage service providers. This a virtual mode of remote data storage. The data stored on cloud can be shares and accessed across devices with help of internet. Cloud storage provides benefits that result in greater convenience and cost-savings for its users which include utility billing, ease of use, offsite security, and improved productivity.

Standalone cloud storage is a type of cloud-based storage service offerings, which is utilized by many enterprises to improve efficiency, reduce data storage costs, and ensure easy access to data from anywhere and at any time. In addition, it helps the enterprises to reduce their IT infrastructural costs significantly. Enterprises can lease their storage infrastructure to a standalone cloud storage service provider to store their business data that helps in reducing operational expenditure.

Market Trends, Drivers, Restraints, and Opportunities:

Increasing adoption of cloud-based solutions and integration of emerging technologies such as Artificial Intelligence (AI) and Machine Learning (ML) for data analysis is a major factor driving the growth of the market.
Rising adoption of Platform as a Service (PaaS) and cloud in small & medium enterprises that provides cost-efficient storage is driving the growth for the market.
Growing demand for enhanced storage for both structured and unstructured data coupled with increase in the volume of data generated by business enterprises is fueling the growth of the market.
Shifting organizations preference from traditional ways of management, rising demand for automated systems and solutions, and streamlining all the aspects of business management is propelling the market growth.
Rising Governance Risk and Compliance (GRC) requirements specified by the different governments worldwide are driving the growth of this market.
Growing concerns for data security and increasing cases of data breaches has been restraining the market growth.
Growing trend of outsourcing of storage services and rise in need for more efficient data storage options is expected to provide numerous opportunities for the market.

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Competitive Landscape:

Key players operating in the global stand-alone cloud storage market are AT&T, Amazon Web Services, Google, HP, Microsoft, IBM, Arsys, Atos, Bluelock, CenturyLink, Cloudian, Cognizant, CSC, Dell, Dimension Data, Egnyte, EMC, Fujitsu, GoGrid, Iomart, Iron Mountain, Joyent, Media Temple, Nasuni, NaviSite, Nippon Telegraph and Telephone, PEER 1 Hosting, Quantum, Rackspace, Salesforce, SoftLayer, Sungard, Swisscom, TCS, Verizon Communications, and Zetta.net.

The global stand-alone cloud storage market has been segmented on the basis of

Types

Solutions
Services

Deployment

Public Cloud
Private Cloud
Hybrid Cloud

Enterprise Size

Large Enterprise
Small & Medium Enterprise

End-users

Academia
Government
BFSI
Healthcare
IT & Telecom
Retail
Manufacturing
Others

Regions

Asia Pacific
Europe
North America
Middle East & Africa
Latin America

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Stand-alone Cloud Storage Market Overview
Global Stand-alone Cloud Storage Market Analysis and Forecast by Type
Global Stand-alone Cloud Storage Market Analysis and Forecast by Application
Global Stand-alone Cloud Storage Market Analysis and Forecast by Sales Channel
Global Stand-alone Cloud Storage Market Analysis and Forecast by Region
North Stand-alone Cloud Storage Market Analysis and Forecast
Latin Stand-alone Cloud Storage Market Analysis and Forecast
Europe Stand-alone Cloud Storage Market Analysis and Forecast
Asia Pacific Stand-alone Cloud Storage Market Analysis and Forecast
Middle East & Africa Stand-alone Cloud Storage Market Analysis and Forecast
Competition Landscape

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