Global Storage as a Service (STaaS) Market Growth (Status and Outlook) 2023-2029

Global Storage as a Service (STaaS) Market Growth (Status and Outlook) 2023-2029

Storage as a service is an on-demand data storage and archiving solution subscribed by organizations to store and retrieve enterprise digital content from third-party storage infrastructure. 

LPI (LP Information)' newest research report, the “Storage as a Service (STaaS) Industry Forecast” looks at past sales and reviews total world Storage as a Service (STaaS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Storage as a Service (STaaS) sales for 2023 through 2029. With Storage as a Service (STaaS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Storage as a Service (STaaS) industry.

This Insight Report provides a comprehensive analysis of the global Storage as a Service (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 analyzes the strategies of leading global companies with a focus on Storage as a Service (STaaS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Storage as a Service (STaaS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Storage as a Service (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 Storage as a Service (STaaS).

The global Storage as a Service (STaaS) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Increased need for cost effective business process majorly drives the market. In addition, rise in need for data archiving further fuels the market growth. However, bandwidth and interoperative issues hinder the growth of the market. The emergence of cloud-based storage gateways and increased adoption of archive as a service provides development opportunities.

This report presents a comprehensive overview, market shares, and growth opportunities of Storage as a Service (STaaS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud Backup
Cloud Archiving
Stand-Alone and Platform-Attached Storage

Segmentation by application
Large Enterprise
Small and Medium Enterprise

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
AT&T
Google
Hewlett-Packard (HP)
International Business Machines Corporation (IBM)
Microsoft

Please note: The report will take approximately 2 business days to prepare and deliver.