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Storage-as-a-Service Market in US 2015-2019

About STaaS

Storage-as-a-service (STaaS) is flexible and enables service providers to efficiently deploy automated services for managing, recovering, and archiving data. In a STaaS model, enterprises lease their storage infrastructure to a cloud service provider (CSP) to store their business data. Service level agreements (SLAs) are signed between the concerned parties to facilitate this migration. STaaS is one among several cloud-based service offerings currently being utilized by many enterprises in the US to avoid spending on operating and managing in-house infrastructure or data centers. SMEs highly benefit from this service offering compared with large enterprises. STaaS considerably reduces data storage costs of enterprises, improves efficiency, and ensures high availability through enhanced disaster recovery facilities. These stored data can be accessed through the Internet from wired and wireless devices from anywhere at any time.

Technavio's analysts forecast the storage as a service (STaaS) market in the US to grow at a CAGR of 33.40% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the storage as a service (STaaS) market in the US for 2015-2019. To calculate the market size, the report considers revenue generated from the adoption of cloud storage by enterprises, which include:

  • Total revenue generated by stand-alone storage services, and cloud-based backup and archiving services
  • The revenue includes the subscription cost paid by an enterprise for the adoption of storage services
  • It does not include the underlying infrastructure cost for storing data in cloud
The market is divided into the following segments:
  • Stand-alone storage
  • Cloud backup
  • Cloud archiving
Technavio's report, Storage as a Service (STaaS) Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the STaaS market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
  • Amazon Web Service
  • AT&T
  • Google
  • HP
  • IBM
  • Microsoft
Other prominent vendors
  • CenturyLink
  • Cloudian
  • CSC
  • Egnyte
  • Iron Mountain
  • Joyent
  • Nasuni
  • NaviSite
  • NTT
  • PEER 1 Hosting
  • Quantum
  • Verizon Communications (Terremark)
  • Zetta.net
Key market driver
  • Increase in cloud-based analytics
  • For a full, detailed list, view our report
Key market challenge
  • Cloud data security
  • For a full, detailed list, view our report
Key market trend
  • Reduction in subscription costs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Storage as a Service Market in US 2015-2019

Technavio recognizes the following companies as the key players in the Storage as a Service Market in US: Amazon, AT&T, Google , HP, IBM, Internap, Microsoft and Rackspace

Other Prominent Vendors in the market are: CenturyLink, Cloudian, CSC, Egnyte, Iron Mountain, Joyent, Nasuni, NaviSite, NTT, PEER 1 Hosting, Quantum, Verizon, and Zetta.net.

Commenting on the report, an analyst from Technavio’s team said: “Subscription costs associated with storing data on the cloud is decreasing steadily because of competitiveness among vendors. There are several emerging vendors in the US market offering storage in the cloud with affordable subscriptions. The market for backup and data archiving is also competitive with regard to pricing.”

According to the report, analytics has become the backbone for successful business operations. It enables companies to arrive at a decision. An increasing volume of data generated has prompted organizations to opt for the pay-as-you-store subscription-based model to store data. The reason for this is that owning and operating in-house infrastructure for growing data is expensive.

Further, the report states that the major obstacle to the adoption of STaaS is the concern over data security. Although cloud-based offerings have evolved over the years and encryption and decryption mechanisms have become more sophisticated, it is still a serious concern.



Companies Mentioned

Amazon, AT&T, Google , HP, IBM, Internap, Microsoft, Rackspace, CenturyLink, Cloudian, CSC, Egnyte, Iron Mountain, Joyent, Nasuni, NaviSite, NTT, PEER 1 Hosting, Quantum, Verizon, Zetta.net.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Scope of the report
    • Top-vendor offerings
      • Table Service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table STaaS market in the US ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by solution type
    • Stand-alone and platform-attached storage
      • Table STaaS market in the US by stand-alone storage 2014-2019 ($ billions)
    • Cloud backup
      • Table STaaS market in the US by cloud backup 2014-2019 ($ billions)
    • Cloud archiving
      • Table Revenue of STaaS market in the US by cloud archiving 2014-2019 ($ billions)
  • Market drivers
    • Table Data retention period for enterprises
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Key vendor offerings
    • Other prominent vendors
  • Key vendor analysis
    • Amazon Web Services
    • AT&T
      • Table AT&T: Business segmentation by revenue 2014
      • Table AT&T: Business segmentation by revenue 2013 and 2014 ($ billions)
    • Google
      • Table Google: Geographical segmentation by revenue 2014
    • HP
      • Table HP: Business segmentation by revenue 2014
      • Table HP: Business segmentation by revenue 2013 and 2014 ($ billions)
    • IBM
      • Table IBM: Business segmentation by revenue 2014
      • Table IBM: Business segmentation by revenue 2013 and 2014 ($ billions)
    • Internap
      • Table Internap: Business segmentation 2014 by revenue
      • Table Internap: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Table Internap: Geographical segmentation by revenue 2014
    • Microsoft
      • Table Business segmentation by revenue 2014
      • Table Geographical segmentation by revenue 2014
    • Rackspace
      • Table Rackspace: Product segmentation by revenue 2014
      • Table Rackspace: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Table Rackspace: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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