CSG is a hybrid appliance that combines local storage, data protection functionality, and cloud storage to form a collaborative package as a cost-effective solution. CSG provides an efficient solution for establishing compatibility between different protocols used by cloud service providers and enterprises. This gateway translates different protocols to provide seamless connectivity between a local system and a cloud storage. CSG is necessary to ensure that the data stored in a cloud storage infrastructure follow a common protocol and are optimized according to established standards. This gateway also facilitates the efficient management of network traffic and storage space across a network. In Europe, there is an exponential increase in data and these important historical data are playing a vital role in carrying out business decision. Therefore, organizations consider in storing their data on cloud as it is a cost-effective solution.
Technavio's analysts forecast the CSG market in Europe to grow at a CAGR of 73.04% over the period 2015-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the CSG market in Europe for the period 2015-2019. The CSG market in Europe can be classified based on architectural models and end-users.
Technavio's report, the CSG Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the CSG market in Europe and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Cloud Storage Gateway (CSG) Market in Europe 2015-2019
Technavio recognizes the following companies as the key players in Cloud Storage Gateway (CSG) Market in Europe 2015-2019: Amazon Web Services (AWS), CTERA Networks Ltd., EMC Corp., Emulex Corp., Microsoft Inc. and NetApp Inc.
Other Prominent Vendors in the market are: Seven10 and Avere Systems.
Commenting on the report, an analyst from Technavio’s team said: “The growing amount of data has given rise to the need for analytics software that converts meaningless data into meaningful information for business decision-making purposes. Countries such as the UK, Germany and France are already into big data analytics. The growing amount of data through IoT will create a need for analytics in the government sector. Big data analytics can also be performed through cloud platforms. For immediate access to backup data in the cloud, CSG plays a vital role. Therefore, big data analytics operations will drive the growth of the CSG market in Europe and increase the need for analytics operations across platforms.”
According to the report, the adoption of cloud-based storage is increasing in Europe as a result of the growing importance of data for business decision-making purposes. In addition, the IoT has helped generate huge chunks of structured and unstructured data. Many data centers are being constructed by global CSPs to offer reliable services to the growing European market. CSG is a cheaper option for organizations and plays a vital role in transferring data from on-premises storage to the cloud. Many large enterprises in Europe are already storing data in the cloud and a significant increase in traction will be witnessed among European SMEs transferring data to the cloud during the forecast period.
Further, the report states that the growing number of threats to the security of business data could reduce the adoption of cloud-based storage services.
Amazon Web Services, CTERA Networks, Emc, Emulex, Microsoft, NetApp, Seven10
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