Research conducted by TechNavio reveals, that the
Global Cloud Based Storage market is expected to grow at a CAGR of 41.3
percent. The report, which focuses on Americas, EMEA, and APAC indicates, that
the market is currently driven by the need for flexible storage capability and
scalability.
“In today’s dynamic business environment, organizations cannot predict or
forecast the volume of data they will handle and store. Traditional storage
limits the volume of data storage and increases handling cost. In cloud based
storage, the capacity can be increased based on customer requirements far more
easily in comparison with traditional methods,” report TechNavio analysts.
In spite of the demand for cloud based storage, constantly increasing
government regulations hinder the growth of this market. However, increased IT
spending will have a positive impact on the market growth.
The Global Cloud Based Storage market is marked by the increasing adoption of
cross-cloud storage solutions. This makes the study an important one for companies
to fully understand the potential in the market and formulate their own
strategy.
The report, Global Cloud Based Storage Market 2010-2014, is based on an
extensive research and inputs from industry experts, vendors, and end users. It
examines the factors impacting the evolution of this market, including the key
trends, drivers, and challenges. Further, it contains an in-depth understanding
of the key vendors including a SWOT analysis for each vendor.
Companies mentioned in this report include: Amazon.com Inc., EMC CORPORATION, NetApp
Inc., and BT Group PLC.
Contact:
Ludmila Berkesova
Program Manager
Infiniti Research Limited
Third Floor
33 Cavendish Square
London W1G 0PW
United Kingdom
Tel: 0044 (0)207 031 0969 begin_of_the_skype_highlighting 0044 (0)207 031 0969 end_of_the_skype_highlighting
