Global Storage Services Market Growth (Status and Outlook) 2023-2029

Global Storage Services Market Growth (Status and Outlook) 2023-2029

The essential building blocks of storage infrastructure are primary storage, backup, recovery, archiving, and analytics. As per the forecast, the enterprises data segment is likely to witness an exponential increase in data with the growing prevalence of social media, mobility, analytics, cloud, and internet of things. Enterprise CIOs are likely to face a tantamount challenge in terms of accommodating the increasing demand for space in data centers. To address this issue, CIOs are looking for converged storage systems that offer virtualization, resilience, optimization, orchestration and modularity.

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

This Insight Report provides a comprehensive analysis of the global Storage Services 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 Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Storage Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Storage Services 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 Services.

The global Storage Services 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.

Storage deployment and support is the second largest segment in the global storage service market accounting for close to 30-35% of the overall share. With growing digital data and business demands, faster deployments of storage system has become essential. The deployment of storage infrastructure in enterprise data center will mainly come from on-demand requirements.

This report presents a comprehensive overview, market shares, and growth opportunities of Storage Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Storage Management
Storage Deployment and Support
Storage Integration
Storage Consulting

Segmentation by application
BFSI
Retail and E-commerce
IT and Telecommunication
Others

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.
EMC
Hitachi Data Systems
HP
IBM
Amazon
Aptare
AT&T
Atos

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