Cloud Storage Market Surges to USD 272.4 Billion by 2031, Propelled by 24.3% CAGR - Verified Market Research® [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
Advancements in AI and IoT, alongside a surge in remote work, further fuel demand. However, restraints include data security concerns, potential downtime, and regulatory compliance issues. High initial setup costs and dependence on internet connectivity can also hinder adoption. The market's growth hinges on balancing these drivers and restraints effectively. Lewes, Delaware, June 14, 2024 (GLOBE NEWSWIRE) -- The Global Cloud Storage Market is projected to grow at a CAGR of 24.3% from 2024 to 2031 , according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 59.2 Billion in 2024 and is expected to reach USD 272.4 Billion by the end of the forecast period. Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=1742 Browse in-depth TOC on “ Global Cloud Storage Market ” 202 - Pages 126 – Tables 37 – Figures Scope Of The Report REPORT ATTRIBUTES DETAILS STUDY PERIOD BASE YEAR FOR
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