Multi Cloud Storage Market: Emerging Niche Segments and Regional Markets

Marketing

Multi Cloud Storage Market: Introduction

 

Multi cloud storage is adopted by most of the enterprises in order to use numerous cloud environment to satisfy the business requirement. An enterprise application might have multiple clouds such as private cloud, public cloud and hybrid cloud including managed service providers. Multi cloud storage can be used by web providers, enterprises, and other businesses in order to minimize the risk of data loss and also it helps to improve the quality of service. Multi cloud storage offers several functions for storing and retrieving data and they are widely used as a shared storage solution for distributed applications.

 

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The multi cloud storage helps organizations to adopt changing IT environment to minimize cost and to reduce the need to hardware and appliances.

 

Multi Cloud Storage Market: Drivers and Challenges

 

The heavy adoption of emerging cloud based platform-as-a- service (Paas) by several enterprises is one of the major factor driving the multi cloud storage market. Multi cloud storage provides easy access to end users working on the different platform. The implementation of multiple cloud services is increasing as it helps to reduce dependency on a single vendor. The multi cloud application management storage platform helps the organization to improve its overall performance by means of different infrastructure services to fulfill the computing needs of its users.

 

Integration issues of multi cloud storage is one of the major restraint faced by the multi cloud storage market.

 

Multi Cloud Storage Market: Segmentation

 

Segmentation on the basis of deployment type:

 

Public

Private

Hybrid

Segmentation on the basis of Enterprise size:

 

Small and Medium Enterprises

Large Enterprises

Segmentation on the basis of verticals:

 

BFSI

Retail

Energy and Utility

Health care and Life science

Government

Others

Multi Cloud Storage Market: Regional Overview

 

Presently, North America region is holding the largest market share of multi cloud storage market followed by European and APAC region. In this regions, Multi cloud storage market is growing gradually owing to the adoption of various several cloud storage platforms services by small and large scale enterprises.

 

Multi Cloud Storage Market: Key Players

 

Some of the key players of the multi cloud storage market are: IBM Corp., SAP SE, Microsoft Corp., Gosun technology, Google, VMware and EMC

 

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

 

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.