Cloud Object Storage Market – Growth Geographic Segmentation, Insights Emerging Trends Demand, by Forecast to 2027

Market Scenario:

IBM Corporation a prominent player in Global Cloud Object Storage Market offers widest and most flexible ranges of object storage solutions in the industry. It enables enterprises by allowing them to select the deployment option that meets their needs, including public, dedicated and hybrid cloud or on-premises solutions. Hewlett-Packard Enterprises a major player in cloud storage market has designed cloud object storage technology for ultra-high durability of the data that is available for immediate retrieval. Every object is copied three times and stored in physically separate availability zones. HP Cloud Object Storage is powered by Open Stack technology and runs on high-performance HP servers.

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Segmentation:

The global Cloud Object Storage Market is segregated on the grounds of the type of storage, organization size, storage technology deployment, vertical, services, and region.

Based on storage type, the global Cloud Object Storage Market is further classified into Solid State Drives (SDDs), Hard Disk Drives (HDDs).

Based on organization size, the global Cloud Object Storage Market is divided into large enterprises and SME. The video surveillance storage comprises extensive areas of sectors such as education, BFSI, retail, healthcare, transportation, government, and others.

On the basis of storage technology, the global Cloud Object Storage Market is segregated into Storage Area Network (SAN), Network Attached Storage (NAS) and Direct Attached Storage (DAS).

On the basis of deployment, the global Cloud Object Storage Market is further classified into on-cloud and on-premises.

On the basis of services, the global Cloud Object Storage Market is further classified into managed services and professionals.

Competitive Outlook:

The prominent players in the cloud object storage market are- Dell EMC (U.S.), International Business Machines Corporation (U.S.), Hewlett-Packard Enterprise (U.S.), Caringo Inc. (U.S.), Hitachi Data Systems (U.S.), Datadirect Networks (U.S.), Netapp, Inc. (U.S.), International Data Corporation (U.S.), Microsoft Corporation (U.S.), Google (U.S.) among others.

Regional Analysis:

The global Cloud Object Storage Market has been analysed for Asia Pacific, Europe, North America, and the Rest of the World. North America is expected to seize a considerable market share during the review period. The rising surveillance data and requirement for cloud-based storage solutions are bringing an impact on the market in this area. The crucial participation of major players in the region and the advancement of unique storage solutions are propelling the market expansion.

The APAC region is anticipated to witness a high rate of expansion during the review period. The adoption of video surveillance across several organizations and the requirement for storage facilities are affecting the market in this region. The video data such as object identification, motion detection, and various tools are aiding in expanding the market size.

Europe Cloud Object Storage market is estimated to

exhibit a decent expansion. Europe has seized the second position in the market. However, the Asia Pacific region is estimated to display a significant expansion throughout the review period. Several organizations in China, Taiwan, and India are adopting cloud-based storages, which is increasing the requirement and demand for Cloud Object Storage Market. Also, video surveillance storage in the APAC region is aiding in the expansion of the worldwide market.

Industry News

The global Cloud Object Storage Market Trends Report Market Trends has been affected due to the lockdown across the regions. This pandemic situation has hampered the Cloud Object Storage Market Trends Report Market Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Cloud Object Storage Market Trends Report Market Size for the forecast period.

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Table of Contents:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

Continued….

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