The global cloud computing and storage market size was estimated at USD 82. 92 billion in 2021 and is expected to reach USD 95. 60 billion in 2022, growing at a CAGR of 15. 54% to reach USD 197.
NEW YORK, Oct. 27, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of “Cloud Computing and Storage Market Research Report by Workload, Type, Factor, Organization Size, Deployment Model, Vertical, Region – Global Forecast to 2027 – Cumulative Impact of Covid-19” – https://www.reportlinker.com/p06337463/?utm_source=GNW
33 billion by 2027.
The report provides market size and forecasts in 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD and CHF. When currency exchange data is readily available, it helps organization leaders make better decisions. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the forecast year and the years 2023 to 2027 as the forecast period.
Market Segmentation and Scope:
This research report categorizes Cloud Computing & Storage by providing revenue forecasts and analyzes trends in each of the following sub-markets:
Based on workload, the market was studied across application development and testing, business analytics, collaboration and content management, database management, enterprise resource management, hypervisor and edge computing, integration and orchestration, and storage, backup and disaster recovery.
On the basis of type, the market has been studied into block storage, file storage and object storage.
Based on the component, the market was studied in services and solutions. Services are further studied in integration and migration, managed services, support and maintenance, and training and consulting. Solutions are further explored in cloud storage gateways, collaboration and productivity suites, customer relationship management, data archiving, disaster recovery backup, human capital management, primary storage, and supply chain management.
Based on organization size, the market was studied in large enterprises and small and medium-sized enterprises.
Based on the deployment model, the market was studied in private cloud and public cloud.
On the basis of vertical, the market was studied across banking, financial services and insurance, consumer goods and retail, education, energy and utilities, government and public sector, healthcare and life sciences, manufacturing, media and entertainment and telecom and IT.
On the basis of region, the market was studied in the Americas, Asia-Pacific and Europe, Middle East and Africa. The Americas are further studied in Argentina, Brazil, Canada, Mexico and the United States. The United States is further studied in California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. Asia-Pacific is further studied in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. Further studies in Europe, Middle East and Africa in Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey goes , United Arab Emirates and United Kingdom.
Cumulative impact of COVID-19:
COVID-19 is an unprecedented global public health emergency that has affected almost every industry, and the long-term effects are predicted to impact industry growth during the forecast period. Our ongoing research extends our research framework to include underlying COVID-19 issues and possible ways forward. The report provides insights on COVID-19 by considering changes in consumer behavior and demand, purchasing patterns, rerouting supply chains, dynamics of current market forces and significant government interventions. The updated study provides insights, analysis, forecasts and forecasts considering the impact of Covid-19 on the market.
Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on the political and economic uncertainty caused by the Russian invasion of Ukraine. Globally, negative impacts are predicted to be significant, particularly in Eastern Europe, the European Union, East and Central Asia, and the United States. The dispute has seriously affected lives and livelihoods and represented far-reaching disruptions in trade dynamics. The potential impact and uncertainty of the ongoing war in Eastern Europe is expected to adversely affect the global economy, particularly with long-term harsh effects on Russia. The report reveals the impact of supply and demand, pricing patterns, strategic moves by vendors. , and recommendations considering the current update on the struggle for cloud computing and storage market and its global response.
Competitive Strategic Window:
The competitive strategic window analyzes the competitive landscape in terms of markets, applications and geographies to help the marketer define an alignment between their capabilities and future growth opportunities. It describes the optimal or optimal fit for vendors to adopt sequential merger and acquisition strategies, geography expansion, research and development, and new product introduction strategies to execute further business expansion and growth during the forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes vendors based on business strategy (business growth, industry coverage, financial viability and channel support) and product satisfaction (value for money, ease of use, product features) in the cloud computing and storage market. customer support) that helps businesses make better decisions and understand the competitive landscape.
Market Share Analysis:
Market share analysis provides an analysis of vendors considering their overall market contribution. This gives an idea of its revenue in the overall market compared to other vendors in the space. It provides insight into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of the size and competitiveness of the vendors for the base year. It reveals market characteristics in terms of accumulation, fragmentation, dominance and consolidation characteristics.
Competitive scenario provides perspective analysis of various business growth strategies adopted by vendors. The news items covered in this section provide valuable insights at different stages of keeping up with the business and engaging stakeholders in the financial debate. The competitive scenario represents press releases or news from companies categorized into mergers and acquisitions, contracts, collaborations and partnerships, new product launches and enhancements, investments and funding and awards, recognition and expansion. All the news collected helps the marketer to understand the gap in the market and the strength and weakness of the competitor, which gives insight to enhance the product and service.
Company Utility Profile:
Recent significant developments of leading vendors and innovation profiles in the global cloud computing and storage market including Alibaba Cloud, Amazon Web Services, Inc., Dell Technologies, Fujitsu Limited, Google LLC, Hewlett Packard Enterprise Company, International, are studied in depth in this report. Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Technology Inc. and Tencent Cloud.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by major players
2. Market Development: Provides in-depth insights into lucrative emerging markets and analyzes penetration into mature market segments
3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a complete assessment of the market shares, strategies, products, certifications, regulatory approvals, patent landscape and manufacturing capabilities of the leading players.
5. Product Development and Innovation: Provides intelligent insights into future technologies, R&D activities and product developments
The report answers questions such as:
1. What is the market size and forecast of the global cloud computing and storage market?
2. What are the restraining factors and impacts of COVID-19 that will shape the global cloud computing and storage market during the forecast period?
3. In which products/segments/applications/regions to invest in the global cloud computing and storage market during the forecast period?
4. What is the competitive strategic window of opportunity in the global cloud computing and storage market?
5. What are the technology trends and regulatory frameworks in the global cloud computing and storage market?
6. What is the market share of the leading vendors in the global cloud computing and storage market?
7. What modes and strategic moves are considered appropriate for entry into the global cloud computing and storage market?
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