Cloud Storage Gateways Market to Register CAGR 31.5% Growth by 2029 – Ready to Experience Exponential Growth

Global Cloud Storage Gateways Market Size study & Forecast, by Deployment By Type By Organization Size (Large Enterprises, Small & Medium-Sized Enterprises ) By Industry Verticals and Regional Analysis, 2022-2029, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Cloud Storage Gateways market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Cloud Storage Gateways market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation

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Global Cloud Storage Gateways Market is valued approximately USD 4706.65 million in 2021 and is anticipated to grow with a healthy growth rate of more than 31.5% over the forecast period 2022-2029. Cloud Storage Gateway is a software or hardware networking device that provides connectivity and protocol translation services between a cloud storage service provider and local customer application. The Cloud Storage Gateways market is expanding because of factors such as increasing adoption of cloud storage and rising need for data encryption in organizations.

Cloud storage gateway is designed to provide better interoperability between different data protocols used in a server cloud architecture. Its prevalence has progressively increased during the last few decades. According to the Statista, in 2021, the global cloud applications market had a value of 133.6 billion U.S. dollars and is expected to reach 168.6 billion U.S. dollars by 2025. The cloud applications software market is anticipated to grow at a compound annual growth rate of 4.8 percent. Furthermore, in 2022, Amazon Web Services cloud infrastructure services market, accounts 32% of the total market followed by Microsoft Azure with a market share of 23%, and Google Cloud with 10% of market share. In the fourth quarter of 2022, these three cloud vendors accounts 65 percent of total spending. Another important component driving space increase is data encryption in organizations. According to Statista in the 2022, the technology and software industry was the heaviest adopter of encryption solutions, with 72 percent of respondents indicating that their enterprise was employing an enterprise-wide encryption solution. In addition, as of 2021, The United States had the highest level of encryption adoption, with 80% of respondents in the country stating that their company used an enterprise-wide encryption strategy followed by the Netherlands and Germany, with over 70% of respondents implementing an enterprise encryption strategy. Also, increased spending on cutting-edge IT solutions and rising government initiatives in virtualization would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Cloud Storage Gateways stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Cloud Storage Gateways Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players and rapid technological advancement. According to Statista, North America revenue in the Public Cloud market is projected to reach USD 273.40 billion in 2023. The market’s largest segment is Software as a Service with a projected market volume of USD 143.10 billion in 2023. Furthermore, Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising adoption of cloud-based technology by IT and telecom industry in the market space.

Major market player included in this report are:

  • Agosto, Inc.
  • Amazon Web Services Inc.,
  • Ctera Networks Inc.
  • Dell Inc
  • Emulex Corporation,
  • Hewlett Packard Enterprise,
  • Maldivica Inc.,
  • Microsoft Corporation,
  • NetApp Inc.,
  • Oracle Corporation

Recent Developments in the Market:

In March 2023, AT&T Mexico collaborates with Oracle Cloud Infrastructure (OCI) to expand the benefits of mobile internet to more than 21 million subscribers and business customers in industries such as education, health and banking nationwide. With OCI, the company will be able to manage OSS/BSS workloads, analytics, and databases more efficiently in the cloud.

Global Cloud Storage Gateways Market Report Scope:

Historical Data 2019-2020-2021

Base Year for Estimation 2021

Forecast period 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Deployment, Organization Size, Type, Industry Verticals, Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Deployment

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Type:

  • Virtual Cloud Storage Gateway Appliances
  • Physical Cloud Storage Gateway

By Organization Size:

  • Large Enterprises
  • Small & Medium-Sized Enterprises (SMEs)

By Industry Verticals:

  • BFSI
  • Healthcare & Life Sciences
  • Telecommunications & IT
  • Government & Public Sector
  • Others

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • RoLA
  • Rest of the World

What our report offers:

  • Executive Summary: A concise overview of the report, highlighting the main points, key findings, and recommendations.
  • Introduction: Sets the context for the report by explaining the purpose, scope, and objectives. It may also include background information on the topic.
  • Methodology: Describes the methods and approaches used to gather data, conduct research, and analyze information for the report. This section provides transparency and credibility to the findings.
  • Findings/Results: Presents the main information, data, and analysis related to the topic. It may include charts, graphs, tables, or other visual aids to support the findings.
  • Analysis and Interpretation: Provides an in-depth examination and interpretation of the findings. It may involve comparing data, identifying trends, and drawing conclusions based on the evidence presented.
  • Discussion: Explores the implications and significance of the findings within the broader context. This section may address challenges, opportunities, and potential solutions related to the subject matter.
  • Recommendations: Offers actionable suggestions based on the analysis and findings of the report. Recommendations should be specific, feasible, and linked to the report’s objectives.
  • References/Citations: Includes a list of sources, references, or citations used in the report. This ensures proper attribution and allows readers to explore the referenced material.
  • Appendices: Supplementary materials such as additional data, charts, or supporting documents that are relevant to the report but not included in the main body.
  • Conclusion: Summarizes the key points discussed in the report and reinforces the main findings.

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  • What are the key drivers influencing market growth?
  • What are the major challenges or constraints faced by market participants?
  • What are the emerging trends and opportunities in the market?
  • Who are the major competitors in the market and what is their market share?
  • What are the key customer segments and their preferences within the market?
  • What are the regional or geographic trends and variations within the market?
  • What are the regulatory and legal factors impacting the market?
  • What are the technological advancements or innovations shaping the market?
  • What are the pricing trends and strategies observed in the market?
  • What are the distribution channels and their effectiveness in reaching the target market?

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Key Points Covered in Cloud Storage Gateways Market Report:

Table of Contents

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)

1.2.1. Cloud Storage Gateways Market, by Region, 2019-2029 (USD Million)

1.2.2. Cloud Storage Gateways Market, by Deployment, 2019-2029 (USD Million)

1.2.3. Cloud Storage Gateways Market, by Type, 2019-2029 (USD Million)

1.2.4. Cloud Storage Gateways Market, by Organization Size, 2019-2029 (USD Million)

1.2.5. Cloud Storage Gateways Market, by Industry Verticals, 2019-2029 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Cloud Storage Gateways Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Cloud Storage Gateways Market Dynamics

3.1. Cloud Storage Gateways Market Impact Analysis (2019-2029)

3.1.1. Market Drivers

3.1.1.1. Increasing adoption of cloud storage

3.1.1.2. Rising need for data encryption in organizations

3.1.2. Market Challenges

3.1.2.1. Security Concerns Over Cloud Storage

3.1.3. Market Opportunities

3.1.3.1. Increased spending on cutting-edge IT solutions

3.1.3.2. Rising government initiatives in virtualization.

Chapter 4. Global Cloud Storage Gateways Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)

4.3. PEST Analysis

4.3.1. Political

4.3.2. Economical

4.3.3. Social

4.3.4. Technological

4.4. Top investment opportunity

4.5. Top winning strategies

4.6. Industry Experts Prospective

4.7. Analyst Recommendation & Conclusion

……..and view more in complete table of Contents

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