Global Enterprise Area STaaS Market Growth (Status and Outlook) 2025-2031
The global Enterprise Area STaaS market size is predicted to grow from US$ 25860 million in 2025 to US$ 79600 million in 2031; it is expected to grow at a CAGR of 20.6% from 2025 to 2031.
STaaS (Storage as a service) is a business model in which a company provides technical expertise and storage space to individuals or enterprises. This report mainly studies enterprise area STaaS market. STaaS can be used for a variety of purposes, from long-term archival storage to short-term transfers of large amounts of data. Since STaaS is a type of software defined storage, the storage capacity available to the customer can vary easily and can be expanded at short notice without the capital outlay required to purchase extra servers.
Enterprise Area Storage-as-a-Service (STaaS) is a rapidly growing market that provides organizations with scalable and flexible cloud-based storage solutions. The leading players in this space include Amazon, Alibaba, DELL, Google, and IBM, which together control approximately 50% of the market share. Among these, Amazon is the largest player, holding around 20% of the global market. These companies offer a variety of storage solutions that allow businesses to store, manage, and retrieve large volumes of data without the need for on-premise hardware infrastructure.
North America is the largest consumer of Enterprise Area STaaS, accounting for more than 50% of the global market. This is driven by the region’s strong adoption of cloud technologies, digital transformation, and high demand for scalable storage solutions. With companies across various industries embracing cloud storage to handle growing data volumes, North America remains the epicenter of STaaS consumption.
The IT and telecom sectors are the largest applications for Enterprise Area STaaS, representing more than 30% of the market. Both industries require vast amounts of data storage due to the increasing use of big data, AI, and IoT technologies. In IT, STaaS is utilized for hosting applications, backups, and archiving, while telecom companies use it for managing network data, customer information, and service delivery. These sectors are also adopting cloud storage to enable faster, more efficient access to data, improve operational efficiency, and reduce capital expenditure.
The growing need for data storage across various industries is driving the overall Enterprise Area STaaS market. As businesses continue to generate massive amounts of data, the demand for flexible, cost-effective, and secure storage solutions will keep rising. STaaS provides companies with the ability to scale their storage needs without investing in expensive infrastructure, making it an attractive solution for organizations of all sizes.
LPI (LP Information)' newest research report, the “Enterprise Area STaaS Industry Forecast” looks at past sales and reviews total world Enterprise Area STaaS sales in 2024, providing a comprehensive analysis by region and market sector of projected Enterprise Area STaaS sales for 2025 through 2031. With Enterprise Area STaaS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Enterprise Area STaaS industry.
This Insight Report provides a comprehensive analysis of the global Enterprise Area STaaS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Enterprise Area STaaS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Enterprise Area STaaS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enterprise Area STaaS and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Enterprise Area STaaS.
This report presents a comprehensive overview, market shares, and growth opportunities of Enterprise Area STaaS market by product type, application, key players and key regions and countries.
Segmentation by Type:
Public Cloud
Private Cloud
Mixed Cloud
Segmentation by Application:
IT & Telecom
Financial
Retail
Healthcare
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amazon
Microsoft
Google
IBM
Dell EMC
Purestorage
NetApp
HPE
Huawei
Alibaba
Oracle
Hitachi
Please note: The report will take approximately 2 business days to prepare and deliver.