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Cloud Storage Market Worth 65.41 Billion USD by 2020PUNE, India, August 26, 2015 /PRNewswire/ -- According to a new market research report, "Cloud Storage Market by Solutions (Primary Storage Solution, Backup Storage Solution, Cloud Storage Gateway Solution, and Data Movement and Access Solution) - Global Forecast and Analysis to 2020", published by MarketsandMarkets, The global Cloud Storage Market is expected to grow from USD 18.87 Billion in 2015 to USD 65.41 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 28.2% during the forecast period. Browse 71 Tables and 48 Figures spread through 144 Pages and in-depth TOC on "Cloud Storage Market" http://www.marketsandmarkets.com/Market-Reports/cloud-storage-market-902.html Early buyers will receive 10% customization on this report. Download Free Sample Pages: http://www.marketsandmarkets.com/requestsample.asp?id=902 The market report defines and segments the Cloud Storage Market globally into various segments. This report also provides an in-depth analysis and forecast of regional Cloud Storage Market size. The report identifies the key driving factors, restraints, challenges, and opportunities impacting this market and shaping the future roadmap. The report also focuses on key adoption trends, future opportunities, and business cases in this market. MarketsandMarkets expects that increased adoption of cloud storage solutions across the healthcare & life science industry will drive this market towards high growth rate. The factors such as increasing adoption of cloud storage solutions by the large enterprises are driving the Cloud Storage Market globally. The demand for this market is also being driven by big data and increasing adoption of cloud storage gateway. Niche players such box, Acronis, and Avere Systems provide a majority of the cloud storage solutions and many other companies have emerged and are expected to evolve in the coming time. In 2015, North America is estimated to be the to contributor in the Cloud Storage Market due to increasing technological acceptance and high awareness about emerging data storage concerns in the organization. However, APAC and some countries in MEA are expected to show tremendous growth in this market. The Cloud Storage Market is broadly segmented by type: solutions and services; by solution: primary storage solution, backup storage solution, cloud storage gateway solution, and data movement and access solution; by service: consulting services, system and networking integration, and support training and education; by deployment model: public, private, and hybrid; by organizational size into SMBs and large enterprises; by vertical: BFSI, manufacturing, retail and consumer goods, telecommunication and IT, media and entertainment, government, healthcare and life sciences, energy and utilities, research and education, and others; and by region: North America, Europe, APAC, Latin America, and MEA. Various assumptions have been taken into consideration for the market sizing and forecasting exercise of this market. Some of the key assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are not expected to seriously affect the forecasts in the emerging regions. Browse Related Report: Cloud Storage Gateway Market by Type (Virtual Cloud Storage Gateway Appliances, Physical Cloud Storage Gateway Appliances) - Worldwide Forecast and Analysis (2015 - 2020) Cloud Applications Market by Type (Analytics, CRM, Finance and Accounting, Content management, Collaboration, eCommerce, HCM, ERP, PPM, Procurement and Distribution, Legal and Risk Management, Other Applications) - Global Forecast to 2019 About MarketsandMarkets MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it SOURCE MarketsandMarkets 
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