Cloud Storage Services Market size is set to grow by USD 123.84 billion from 2024-2028, Growth in data generation boost the market, Technavio [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
The market is estimated to grow at a CAGR of 19.56% during the forecast period. Growth in data generation is driving market growth, with a trend towards high adoption of cloud storage services by smes. However, vendor lock-in issues poses a challenge. Key market players include Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Cloud Software Group Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., InterVision Systems LLC, Microsoft Corp., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Rackspace Technology Inc., ServiceNow Inc., Tencent Holdings Ltd., and Toshiba Corp.. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Cloud Storage Services Market Scope Report Coverage Details Base year Historic period Forecast period Growth momentum & CAGR Accelerate at a CAGR of 19.5
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