Object Storage Market to Witness Stunning Growth | IBM, Google, Microsoft
According to HTF Market Intelligence, the Global Object Storage market to witness a CAGR of 13.58% during forecast period of 2023-2028. The market is segmented by Global Object Storage Market Breakdown by Application (Social media platforms, IT and telecommunications platforms, BFSI, Others) by Type (Public Cloud, Hybrid Cloud, Private Cloud) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Object Storage market size is estimated to increase by USD 7037.26 Million at a CAGR of 13.58% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 6137.65 Million.
Gain more insights into the market size, Request a Sample Report @ https://www.htfmarketintelligence.com/sample-report/global-object-storage-market
The object storage market refers to the industry that provides solutions for storing and managing large amounts of unstructured data, such as files, images, videos, and other digital content. Object storage systems use a flat architecture and store data as objects, which are accompanied by metadata that provides information about the content and its context.
Object Storage market – Key Segment Analysis
The market share growth by the Public Cloud segment will be significant during the forecast period. The segment is driven by the Big Data: As more and more organizations generate vast amounts of data, they require storage solutions that can scale to accommodate petabytes of data. Object storage is well-suited to this task, as it can handle large amounts of unstructured data and scale to meet changing storage needs..
Object Storage market – Competition Analysis
The global Object Storage market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are IBM Corporation (United States), Google (United States), Microsoft Corporation (United States), Dell EMC (United States), Hitachi Vantara HCP (Japan), Huawei (China), Qumulo (United States), Scality (United States), NetApp StorageGRID Webscale (United States), Scality Ring (United States), Cloudian Hyperstore (United States).
Object Storage market – Geographical Outlook
North America will provide maximum growth opportunities in Object Storage market. According to our research, the region will account for 34.02% of the global market growth during the forecast period. The market in North America is driven by Cloud-based object storage is on the rise: Cloud-based object storage solutions are becoming increasingly popular, especially for businesses that need scalable and flexible storage. Cloud object storage is also a good option for disaster recovery and business continuity planning..
Download a Sample of Latest Edition of Object Storage Market to see inside scoop and key points on various market segments and impact analysis in years to come.
Buy Latest Edition of Object Storage Market Study Now @ https://www.htfmarketintelligence.com/buy-now?format=1&report=28
What key data is demonstrated in this Object Storage market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Object Storage market between 2023 and 2028
- Precise estimation of the size of the Object Storage market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Object Storage market players
Have Any Query? Ask Our Expert @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-object-storage-market
Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of Object Storage Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Object Storage Size (USD & Sales Volume) Comparison by Type (2017-2028)
– Object Storage Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– Object Storage Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– Object Storage Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Object Storage Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 4342990043/ +1 4343220091
sales@htfmarketintelligence.com