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Research and Markets: Global Stand Alone Cloud Storage Market to Grow at a CAGR of 31.12% Over the Period 2014-2019Research and Markets (http://www.researchandmarkets.com/research/73b2kh/global_stand) has announced the addition of the "Global Stand Alone Cloud Storage Market 2015-2019" report to their offering. The growing enterprise data volumes and increasing on-premise storage costs are expected to prompt the enterprises worldwide to shift their focus to storage-as-a-service (STaaS). In a STaaS model, enterprises lease their storage infrastructures to a cloud vendor to store their business data. It is more useful for SMEs as it reduces data storage costs, ensures business continuity and efficiency in disaster recovery, and improves the overall operational efficiency. According to the report, after the global economic recession of 2008-2009, enterprises worldwide are looking for cost-effective infrastructures. This presents a good opportunity for potential cloud storage vendors to enhance their service offerings and capture the available market. In addition, the widening user base of enterprises is likely to have a positive effect on the growth of the global stanalone cloud storage market during the forecast period. Enterprises worldwide have seen voluminous growth in data volumes internally, and through the use of social media and the cloud. Around 80-90% of enterprises are losing their revenue as they are unable to the handle the huge volumes of data. Concerns about cloud data security could deter market growth and, therefore, require the urgent attention of market vendors. Key Topics Covered
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