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Cloud Storage Service Market Report Scope & Overview:

Cloud Storage Service Market Revenue Analysis

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The Cloud Storage Service Market size was valued at USD 99 Billion in 2023 and is expected to reach USD 477.32 Billion by 2032 and grow at a CAGR of 19.1% over the forecast period 2024-2032.

The growth in digital data that is mostly unstructured, coming from sources like the internet of things (IoT), digital media and scientific research is causing a need for scalable and cost-effective storage solutions. Over 70% of U.S organizations are now using cloud storage to handle this data surge, which is a sharp increase from less than half of them five years ago. Such developments have led to an increase in demand for integrated storage solutions as observed in fintech and healthcare sectors where cloud-native applications and platforms have been on the rise. Cloud-native software accounts for nearly 65% of all new US based programs indicating a strong interconnection between these two domains. In addition, security and compliance requirements cannot be ignored.

Organizations have increasingly come under pressure to address their vulnerability to cyber-attacks, leading to an emphasis on data protection. Competition among cloud providers is intense due to their ability to offer robust access controls, encryption options, and compliance certifications. As at present, more than 85% of American medical institutions enforce regulations that require health information stored on the cloud adhere with the specifications laid out by HIPAA. Finally, increased adoption of remote work as well as digital collaboration has occasioned huge uptake of cloud storage services that facilitate easy sharing of files. With over 35% remote workforce penetration rate within United States; there has been an increasing demand for efficient collaboration through cloud-based tools.

A third-party cloud vendor owns and operates data storage capacity and delivers it over the Internet in a pay-as-you-go model. These cloud storage vendors manage capacity, security, and durability to make data accessible to your applications all around the world. Traditional storage protocols or an API are used by applications to access cloud storage. Many companies provide add-on services to aid in the collection, management, security, and analysis of large amounts of data.

Cloud storage is a next-generation technology that communicates in human language and assists specialists in making better judgments by comprehending the complexities of unstructured data. Natural language processing, machine learning, automated reasoning, and information retrieval are examples of technology employed in interpreting unstructured data to perceive, infer, and forecast optimum solutions.

MARKET DYNAMICS:

KEY DRIVERS:

  • Enterprise data volumes are increasing.

  • There is a growing requirement to offer remote workers with constant access to data and files.

The landscape of data management has radically changed due to the popularity of remote work. Due to the pandemic, a considerable 80% of companies have embraced remote working, thereby necessitating unparalleled access to essential information and files. Consequently, there is an increasing demand for powerful cloud storage solutions. In order to remain relevant in this era characterized by highly competitive market environments, businesses must ensure that there are no obstacles on their premises that hinder availability of data, team work or security for widely distributed teams.

Consequently, more organizations have resorted to cloud storage with its adoption rates growing by 35% over the last two years among enterprises alone. This way it has been noted that an uninterrupted file access is a key concern for about 75% remote workers which means that the importance of cloud storage in promoting productivity and efficiency within the modern workplace cannot be overstated.

  • Cost savings and low TCO advantages.

RESTRAINTS:

  • The expenses of lifetime storage and outflow related to public cloud infrastructures.

  • Issues with latency and network outages in public cloud settings.

OPPORTUNITY:

  • The proliferation of distributed storage arrays

  • AI infusion to achieve data integrity

  • Containerization is on the rise.

CHALLENGES:

  • Concerns about data privacy and security.

IMPACT OF COVID-19:

COVID-19 has led enterprises to turn to cloud environments to cope with the crisis and ease everyday data access, sharing, and work collaboration to its geographically distributed staff, owing to worldwide lockdowns, business continuity difficulties, and expanding work from home tendencies. The proliferation of cloud migration has boosted enterprise adoption of cloud storage solutions for achieving business continuity, running workloads, and storing data. Furthermore, as more businesses migrate their workloads to the cloud for the benefits of scalability, flexibility, and ubiquitous availability, the demand for services such as consulting, training, support, and maintenance, as well as integration and implementation, is increasing.

MARKET ESTIMATION:

The increasing focus of enterprises to achieve improved collaboration and productivity while managing and keeping their day-to-day data for anytime, anywhere access is largely responsible for the expansion of the file storage segment. File storage solutions are ideal for user home directories, application development, and media storage, making them an effective archiving and main storage option.

The market for cloud storage is divided into three categories: public cloud, private cloud, and hybrid cloud. The hybrid sector accounts for a bigger portion of the market. In 2023, a large percentage of businesses will have a multi-cloud approach, and businesses with a hybrid strategy will also be on the increase. Over the foreseeable time, they are also likely to promote cloud storage use

Industry verticals such as BFSI, Education, Communication and Technology, Media and Entertainment, Manufacturing, Energy and Power, Government and Public Sector, Healthcare and Life Science, Retail and Consumer Goods, and Others are quickly adopting cloud storage due to its low cost of data storage and low maintenance requirements. Because of the growing number of internet users and businesses in the BFSI sector, the technology is being implemented. Banking, Insurance, and Capital Markets, on the other hand, are using cloud services due to the lower cost of new hardware and software. In the foreseeable time, these reasons will drive the cloud service market.

KEY SEGMENTS:

On The Basis of Component

  • Solution

  • Services

On The Basis of Deployment Type

  • Private

  • Public

  • Hybrid

On The Basis of User Type

  • Large Enterprises

In 2023, large enterprises held 70% share in user type segment, enterprise level cloud storage solutions that emphasize on data control and sovereignty. Strong Security, scalability and compliance are some of the priorities for large enterprises. This is illustrated by their partaker percentages on superior characteristics like data governance, disaster recovery and hybrid cloud integration which are markedly higher.

In contrast, small to medium-sized enterprises (SMEs) prefer budget-friendly solutions with flexible storage options. They are mostly concerned about file sharing, backing up data and remote access to it. About 30% of SMEs use cloud storage for document collaboration as a primary purpose. These segments have different data volumes, storage requirements and IT infrastructure needs affecting their adoption trends in cloud storage services.

  • Small and Medium Enterprises

Cloud-Storage-Service-Market-Basis-of-User-Type

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On The Basis of Industry Vertical

  • BFSI

  • Government & Public Sector

  • Healthcare

  • IT & Telecom

  • Retail

  • Manufacturing

  • Media & Entertainment

  • Others

REGIONAL ANALYSIS:

North America is a market leader in cloud storage services market due to the presence of industry giants and a technologically enlightened population. The region commands an amazing 40% portion of the global marketplace for cloud storage, which is supported by strong data centers infrastructure as well as the great adoption rates for cloud technologies among both companies and individuals. Among others, United States is positioned at the core of this innovative leap forward: it has 72% market penetration. It is however exposed to competition from emerging markets, but its first-mover advantage and large investments in R&D will ensure that it remains dominant. Furthermore, growing demand for working remotely as well as digital transformation initiatives have given impetus to cloud storage resulting into 42% of local businesses describing themselves as critically dependent on cloud-based services.

Cloud-Storage-Service-Market-Regional-Share-2023

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The major key players are AWS, Google, Microsoft, IBM, Huawei, Alibaba Cloud, Oracle, Rackspace Technology, HPE, Dell Technologies, Dropbox & Other Players

Cloud Storage Service Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 99 Bn
Market Size by 2031  US$ 400.8 Bn
CAGR   CAGR of 19.1% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Component (Solution and Services)
• by Deployment Type (Private, Public, and Hybrid)
• by User Type (Large Enterprises and Small and Medium Enterprises)
• by Industry Vertical (BFSI, Government & Public Sector, Healthcare, IT & Telecom, Retail, Manufacturing, Media & Entertainment, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles AWS, Google, Microsoft, IBM, Huawei, Alibaba Cloud, Oracle, Rackspace Technology, HPE, Dell Technologies, Dropbox
Key Drivers • Enterprise data volumes are increasing
• Cost savings and low TCO advantages
Market Opportunities • The proliferation of distributed storage arrays
• AI infusion to achieve data integrity

 

Frequently Asked Questions

Ans: - Cloud Storage Service Market Will grow at a CAGR of 191% over the forecast period 2024-2031.

Ans: - Concerns about data privacy and security.

Ans: - The segments covered in the Cloud Storage Service are On the Basis of Component, Deployment Type, User Type, And Industry Vertical.

Ans: - The major key players are AWS, Google, Microsoft, IBM, Huawei, Alibaba Cloud, Oracle, Rackspace Technology, HPE, Dell Technologies, and Dropbox.

Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.

TABLE OF CONTENTS

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

5. Porter’s 5 Forces Model

6. Pest Analysis

7. Cloud Storage Service Market Segmentation, By Component

7.1 Introduction

7.2 Solution

7.3 Services

8. Cloud Storage Service Market Segmentation, By Deployment Type

8.1 Introduction

8.2 Private

8.3 Public

8.4 Hybrid

9. Cloud Storage Service Market Segmentation, By User Type

9.1 Introduction

9.2 Large Enterprises

9.3 Small and Medium Enterprises

10. Cloud Storage Service Market Segmentation, By Industry Vertical

10.1 Introduction

10.2 BFSI

10.3 Government & Public Sector

10.4 Healthcare

10.5 IT & Telecom

10.6 Retail

10.7 Manufacturing

10.8 Media & Entertainment

10.9 Others

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 Trend Analysis

11.2.2 North America Cloud Storage Service Market by Country

11.2.3 North America Cloud Storage Service Market By Component

11.2.4 North America Cloud Storage Service Market By Deployment Type

11.2.5 North America Cloud Storage Service Market By User Type

11.2.6 North America Cloud Storage Service Market By Industry Vertical

11.2.7 USA

11.2.7.1 USA Cloud Storage Service Market By Component

11.2.7.2 USA Cloud Storage Service Market By Deployment Type

11.2.7.3 USA Cloud Storage Service Market By User Type

11.2.7.4 USA Cloud Storage Service Market By Industry Vertical

11.2.8 Canada

11.2.8.1 Canada Cloud Storage Service Market By Component

11.2.8.2 Canada Cloud Storage Service Market By Deployment Type

11.2.8.3 Canada Cloud Storage Service Market By User Type

11.2.8.4 Canada Cloud Storage Service Market By Industry Vertical

11.2.9 Mexico

11.2.9.1 Mexico Cloud Storage Service Market By Component

11.2.9.2 Mexico Cloud Storage Service Market By Deployment Type

11.2.9.3 Mexico Cloud Storage Service Market By User Type

11.2.9.4 Mexico Cloud Storage Service Market By Industry Vertical

11.3 Europe

11.3.1 Trend Analysis

11.3.2 Eastern Europe

11.3.2.1 Eastern Europe Cloud Storage Service Market by Country

11.3.2.2 Eastern Europe Cloud Storage Service Market By Component

11.3.2.3 Eastern Europe Cloud Storage Service Market By Deployment Type

11.3.2.4 Eastern Europe Cloud Storage Service Market By User Type

11.3.2.5 Eastern Europe Cloud Storage Service Market By Industry Vertical

11.3.2.6 Poland

11.3.2.6.1 Poland Cloud Storage Service Market By Component

11.3.2.6.2 Poland Cloud Storage Service Market By Deployment Type

11.3.2.6.3 Poland Cloud Storage Service Market By User Type

11.3.2.6.4 Poland Cloud Storage Service Market By Industry Vertical

11.3.2.7 Romania

11.3.2.7.1 Romania Cloud Storage Service Market By Component

11.3.2.7.2 Romania Cloud Storage Service Market By Deployment Type

11.3.2.7.3 Romania Cloud Storage Service Market By User Type

11.3.2.7.4 Romania Cloud Storage Service Market By Industry Vertical

11.3.2.8 Hungary

11.3.2.8.1 Hungary Cloud Storage Service Market By Component

11.3.2.8.2 Hungary Cloud Storage Service Market By Deployment Type

11.3.2.8.3 Hungary Cloud Storage Service Market By User Type

11.3.2.8.4 Hungary Cloud Storage Service Market By Industry Vertical

11.3.2.9 Turkey

11.3.2.9.1 Turkey Cloud Storage Service Market By Component

11.3.2.9.2 Turkey Cloud Storage Service Market By Deployment Type

11.3.2.9.3 Turkey Cloud Storage Service Market By User Type

11.3.2.9.4 Turkey Cloud Storage Service Market By Industry Vertical

11.3.2.10 Rest of Eastern Europe

11.3.2.10.1 Rest of Eastern Europe Cloud Storage Service Market By Component

11.3.2.10.2 Rest of Eastern Europe Cloud Storage Service Market By Deployment Type

11.3.2.10.3 Rest of Eastern Europe Cloud Storage Service Market By User Type

11.3.2.10.4 Rest of Eastern Europe Cloud Storage Service Market By Industry Vertical

11.3.3 Western Europe

11.3.3.1 Western Europe Cloud Storage Service Market by Country

11.3.3.2 Western Europe Cloud Storage Service Market By Component

11.3.3.3 Western Europe Cloud Storage Service Market By Deployment Type

11.3.3.4 Western Europe Cloud Storage Service Market By User Type

11.3.3.5 Western Europe Cloud Storage Service Market By Industry Vertical

11.3.3.6 Germany

11.3.3.6.1 Germany Cloud Storage Service Market By Component

11.3.3.6.2 Germany Cloud Storage Service Market By Deployment Type

11.3.3.6.3 Germany Cloud Storage Service Market By User Type

11.3.3.6.4 Germany Cloud Storage Service Market By Industry Vertical

11.3.3.7 France

11.3.3.7.1 France Cloud Storage Service Market By Component

11.3.3.7.2 France Cloud Storage Service Market By Deployment Type

11.3.3.7.3 France Cloud Storage Service Market By User Type

11.3.3.7.4 France Cloud Storage Service Market By Industry Vertical

11.3.3.8 UK

11.3.3.8.1 UK Cloud Storage Service Market By Component

11.3.3.8.2 UK Cloud Storage Service Market By Deployment Type

11.3.3.8.3 UK Cloud Storage Service Market By User Type

11.3.3.8.4 UK Cloud Storage Service Market By Industry Vertical

11.3.3.9 Italy

11.3.3.9.1 Italy Cloud Storage Service Market By Component

11.3.3.9.2 Italy Cloud Storage Service Market By Deployment Type

11.3.3.9.3 Italy Cloud Storage Service Market By User Type

11.3.3.9.4 Italy Cloud Storage Service Market By Industry Vertical

11.3.3.10 Spain

11.3.3.10.1 Spain Cloud Storage Service Market By Component

11.3.3.10.2 Spain Cloud Storage Service Market By Deployment Type

11.3.3.10.3 Spain Cloud Storage Service Market By User Type

11.3.3.10.4 Spain Cloud Storage Service Market By Industry Vertical

11.3.3.11 Netherlands

11.3.3.11.1 Netherlands Cloud Storage Service Market By Component

11.3.3.11.2 Netherlands Cloud Storage Service Market By Deployment Type

11.3.3.11.3 Netherlands Cloud Storage Service Market By User Type

11.3.3.11.4 Netherlands Cloud Storage Service Market By Industry Vertical

11.3.3.12 Switzerland

11.3.3.12.1 Switzerland Cloud Storage Service Market By Component

11.3.3.12.2 Switzerland Cloud Storage Service Market By Deployment Type

11.3.3.12.3 Switzerland Cloud Storage Service Market By User Type

11.3.3.12.4 Switzerland Cloud Storage Service Market By Industry Vertical

11.3.3.13 Austria

11.3.3.13.1 Austria Cloud Storage Service Market By Component

11.3.3.13.2 Austria Cloud Storage Service Market By Deployment Type

11.3.3.13.3 Austria Cloud Storage Service Market By User Type

11.3.3.13.4 Austria Cloud Storage Service Market By Industry Vertical

11.3.3.14 Rest of Western Europe

11.3.3.14.1 Rest of Western Europe Cloud Storage Service Market By Component

11.3.3.14.2 Rest of Western Europe Cloud Storage Service Market By Deployment Type

11.3.3.14.3 Rest of Western Europe Cloud Storage Service Market By User Type

11.3.3.14.4 Rest of Western Europe Cloud Storage Service Market By Industry Vertical

11.4 Asia-Pacific

11.4.1 Trend Analysis

11.4.2 Asia-Pacific Cloud Storage Service Market by Country

11.4.3 Asia-Pacific Cloud Storage Service Market By Component

11.4.4 Asia-Pacific Cloud Storage Service Market By Deployment Type

11.4.5 Asia-Pacific Cloud Storage Service Market By User Type

11.4.6 Asia-Pacific Cloud Storage Service Market By Industry Vertical

11.4.7 China

11.4.7.1 China Cloud Storage Service Market By Component

11.4.7.2 China Cloud Storage Service Market By Deployment Type

11.4.7.3 China Cloud Storage Service Market By User Type

11.4.7.4 China Cloud Storage Service Market By Industry Vertical

11.4.8 India

11.4.8.1 India Cloud Storage Service Market By Component

11.4.8.2 India Cloud Storage Service Market By Deployment Type

11.4.8.3 India Cloud Storage Service Market By User Type

11.4.8.4 India Cloud Storage Service Market By Industry Vertical

11.4.9 Japan

11.4.9.1 Japan Cloud Storage Service Market By Component

11.4.9.2 Japan Cloud Storage Service Market By Deployment Type

11.4.9.3 Japan Cloud Storage Service Market By User Type

11.4.9.4 Japan Cloud Storage Service Market By Industry Vertical

11.4.10 South Korea

11.4.10.1 South Korea Cloud Storage Service Market By Component

11.4.10.2 South Korea Cloud Storage Service Market By Deployment Type

11.4.10.3 South Korea Cloud Storage Service Market By User Type

11.4.10.4 South Korea Cloud Storage Service Market By Industry Vertical

11.4.11 Vietnam

11.4.11.1 Vietnam Cloud Storage Service Market By Component

11.4.11.2 Vietnam Cloud Storage Service Market By Deployment Type

11.4.11.3 Vietnam Cloud Storage Service Market By User Type

11.4.11.4 Vietnam Cloud Storage Service Market By Industry Vertical

11.4.12 Singapore

11.4.12.1 Singapore Cloud Storage Service Market By Component

11.4.12.2 Singapore Cloud Storage Service Market By Deployment Type

11.4.12.3 Singapore Cloud Storage Service Market By User Type

11.4.12.4 Singapore Cloud Storage Service Market By Industry Vertical

11.4.13 Australia

11.4.13.1 Australia Cloud Storage Service Market By Component

11.4.13.2 Australia Cloud Storage Service Market By Deployment Type

11.4.13.3 Australia Cloud Storage Service Market By User Type

11.4.13.4 Australia Cloud Storage Service Market By Industry Vertical

11.4.14 Rest of Asia-Pacific

11.4.14.1 Rest of Asia-Pacific Cloud Storage Service Market By Component

11.4.14.2 Rest of Asia-Pacific Cloud Storage Service Market By Deployment Type

11.4.14.3 Rest of Asia-Pacific Cloud Storage Service Market By User Type

11.4.14.4 Rest of Asia-Pacific Cloud Storage Service Market By Industry Vertical

11.5 Middle East & Africa

11.5.1 Trend Analysis

11.5.2 Middle East

11.5.2.1 Middle East Cloud Storage Service Market by Country

11.5.2.2 Middle East Cloud Storage Service Market By Component

11.5.2.3 Middle East Cloud Storage Service Market By Deployment Type

11.5.2.4 Middle East Cloud Storage Service Market By User Type

11.5.2.5 Middle East Cloud Storage Service Market By Industry Vertical

11.5.2.6 UAE

11.5.2.6.1 UAE Cloud Storage Service Market By Component

11.5.2.6.2 UAE Cloud Storage Service Market By Deployment Type

11.5.2.6.3 UAE Cloud Storage Service Market By User Type

11.5.2.6.4 UAE Cloud Storage Service Market By Industry Vertical

11.5.2.7 Egypt

11.5.2.7.1 Egypt Cloud Storage Service Market By Component

11.5.2.7.2 Egypt Cloud Storage Service Market By Deployment Type

11.5.2.7.3 Egypt Cloud Storage Service Market By User Type

11.5.2.7.4 Egypt Cloud Storage Service Market By Industry Vertical

11.5.2.8 Saudi Arabia

11.5.2.8.1 Saudi Arabia Cloud Storage Service Market By Component

11.5.2.8.2 Saudi Arabia Cloud Storage Service Market By Deployment Type

11.5.2.8.3 Saudi Arabia Cloud Storage Service Market By User Type

11.5.2.8.4 Saudi Arabia Cloud Storage Service Market By Industry Vertical

11.5.2.9 Qatar

11.5.2.9.1 Qatar Cloud Storage Service Market By Component

11.5.2.9.2 Qatar Cloud Storage Service Market By Deployment Type

11.5.2.9.3 Qatar Cloud Storage Service Market By User Type

11.5.2.9.4 Qatar Cloud Storage Service Market By Industry Vertical

11.5.2.10 Rest of Middle East

11.5.2.10.1 Rest of Middle East Cloud Storage Service Market By Component

11.5.2.10.2 Rest of Middle East Cloud Storage Service Market By Deployment Type

11.5.2.10.3 Rest of Middle East Cloud Storage Service Market By User Type

11.5.2.10.4 Rest of Middle East Cloud Storage Service Market By Industry Vertical

11.5.3 Africa

11.5.3.1 Africa Cloud Storage Service Market by Country

11.5.3.2 Africa Cloud Storage Service Market By Component

11.5.3.3 Africa Cloud Storage Service Market By Deployment Type

11.5.3.4 Africa Cloud Storage Service Market By User Type

11.5.3.5 Africa Cloud Storage Service Market By Industry Vertical

11.5.3.6 Nigeria

11.5.3.6.1 Nigeria Cloud Storage Service Market By Component

11.5.3.6.2 Nigeria Cloud Storage Service Market By Deployment Type

11.5.3.6.3 Nigeria Cloud Storage Service Market By User Type

11.5.3.6.4 Nigeria Cloud Storage Service Market By Industry Vertical

11.5.3.7 South Africa

11.5.3.7.1 South Africa Cloud Storage Service Market By Component

11.5.3.7.2 South Africa Cloud Storage Service Market By Deployment Type

11.5.3.7.3 South Africa Cloud Storage Service Market By User Type

11.5.3.7.4 South Africa Cloud Storage Service Market By Industry Vertical

11.5.3.8 Rest of Africa

11.5.3.8.1 Rest of Africa Cloud Storage Service Market By Component

11.5.3.8.2 Rest of Africa Cloud Storage Service Market By Deployment Type

11.5.3.8.3 Rest of Africa Cloud Storage Service Market By User Type

11.5.3.8.4 Rest of Africa Cloud Storage Service Market By Industry Vertical

11.6 Latin America

11.6.1 Trend Analysis

11.6.2 Latin America Cloud Storage Service Market by Country

11.6.3 Latin America Cloud Storage Service Market By Component

11.6.4 Latin America Cloud Storage Service Market By Deployment Type

11.6.5 Latin America Cloud Storage Service Market By User Type

11.6.6 Latin America Cloud Storage Service Market By Industry Vertical

11.6.7 Brazil

11.6.7.1 Brazil Cloud Storage Service Market By Component

11.6.7.2 Brazil Cloud Storage Service Market By Deployment Type

11.6.7.3 Brazil Cloud Storage Service Market By User Type

11.6.7.4 Brazil Cloud Storage Service Market By Industry Vertical

11.6.8 Argentina

11.6.8.1 Argentina Cloud Storage Service Market By Component

11.6.8.2 Argentina Cloud Storage Service Market By Deployment Type

11.6.8.3 Argentina Cloud Storage Service Market By User Type

11.6.8.4 Argentina Cloud Storage Service Market By Industry Vertical

11.6.9 Colombia

11.6.9.1 Colombia Cloud Storage Service Market By Component

11.6.9.2 Colombia Cloud Storage Service Market By Deployment Type

11.6.9.3 Colombia Cloud Storage Service Market By User Type

11.6.9.4 Colombia Cloud Storage Service Market By Industry Vertical

11.6.10 Rest of Latin America

11.6.10.1 Rest of Latin America Cloud Storage Service Market By Component

11.6.10.2 Rest of Latin America Cloud Storage Service Market By Deployment Type

11.6.10.3 Rest of Latin America Cloud Storage Service Market By User Type

11.6.10.4 Rest of Latin America Cloud Storage Service Market By Industry Vertical

12. Company Profiles

12.1 AWS

12.1.1 Company Overview

12.1.2 Financial

12.1.3 Products/ Services Offered

12.1.4 The SNS View

12.2 Google

12.2.1 Company Overview

12.2.2 Financial

12.2.3 Products/ Services Offered

12.2.4 The SNS View

12.3 Microsoft

12.3.1 Company Overview

12.3.2 Financial

12.3.3 Products/ Services Offered

12.3.4 The SNS View

12.4 IBM

12.4.1 Company Overview

12.4.2 Financial

12.4.3 Products/ Services Offered

12.4.4 The SNS View

12.5 Huawei

12.5.1 Company Overview

12.5.2 Financial

12.5.3 Products/ Services Offered

12.5.4 The SNS View

12.6 Alibaba Cloud

12.6.1 Company Overview

12.6.2 Financial

12.6.3 Products/ Services Offered

12.6.4 The SNS View

12.7 Oracle

12.7.1 Company Overview

12.7.2 Financial

12.7.3 Products/ Services Offered

12.7.4 The SNS View

12.8 Rackspace Technology

12.8.1 Company Overview

12.8.2 Financial

12.8.3 Products/ Services Offered

12.8.4 The SNS View

12.9 HPE

12.9.1 Company Overview

12.9.2 Financial

12.9.3 Products/ Services Offered

12.9.4 The SNS View

12.10 Others

12.10.1 Company Overview

12.10.2 Financial

12.10.3 Products/ Services Offered

12.10.4 The SNS View

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share Analysis

13.3 Recent Developments

13.3.1 Industry News

13.3.2 Company News

13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

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