Cloud Storage Market Share, Size, Trends, Industry Analysis Report, By Component; By Type; By Enterprise Size (Small & Medium Enterprises, Large Enterprises); By Region; Segment Forecast, 2022 - 2030
Description
The global cloud storage market size is expected to reach USD 625.87 billion by 2034, according to new study by Polaris market research. The report “Cloud Storage Market Share, Size, Trends, Industry Analysis Report, By Component; By Type; By Enterprise Size (Small & Medium Enterprises, Large Enterprises); By Region; Segment Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rise in demand for easily accessible data storage for remote workers, decreasing Total Cost of Ownership, and growing data volumes across industries are the factors driving the market's revenue growth. The simplicity of collaboration and sharing, the availability of back-up, and data storage for longer periods are prime factors driving demand for solutions & services for cloud storage for efficient data management.
Additionally, it is anticipated that in the next years, demand for cloud-based storage solutions will expand due to the increased adoption of a number of cutting-edge technologies, including artificial intelligence, remote sensing, and advanced video systems. Enterprises that employ analytics-driven solutions also generate a substantial volume of data. Hybrid storage alternatives are less preferred than alternatives to traditional storage. However, because of concerns about data privacy and confidentiality, governmental organizations are continually enforcing tight restrictions on the use of cloud services.
Throughout the forecast period, COVID-19 is expected to have a major impact on the market's growth. More storage capacity was consequently needed to accommodate the operations of distant workers. File storage systems are a great substitute for archiving and main storage because they were initially designed for media storage, user home directories, and application development. According to studies, 50% of all company data will be kept in the cloud by 2020. On June 2022, an investment of USD 42 million was made in Lightbits Labs, a company that develops software-powered NVMe/TCP-accessed storage devices, bringing its total funding to USD 100 million.
Furthermore, Employees can communicate and retain connections as businesses transition to remote working environments using cloud-based technologies. Due to this, partnerships and alliances aid in market expansion during the COVID-19 pandemic. Cloud infrastructure is increasingly required as data volume rises. A rise in investments by leading market players to build data centers throughout the globe in response to the COVID-19 pandemic is projected to drive the market in the ensuing years.
Cloud Storage Market Report Highlights
Block storage is expected to dominate the market by 2024. There will probably be an increase in demand for dependable and high-performance storage throughout the forecast period, which will result in block storage accounting for a sizable portion of the market.
Private cloud made up the majority of this market in 2024. In situations where complete environmental control is essential, and organizations need flexible computing, a private cloud server may be the best choice.
In 2024, the Large Businesses segment held the most market share. As a result, large businesses frequently seek out dependable and secure services. They focus on providing scalable infrastructure and reasonably priced services for a small and medium-sized organizations.
In 2024, North America held the largest revenue share. Presence of key cloud storage providers, a surge in data centers, the quick uptake of cutting-edge technology, and smart home devices, the region's market is witnessing revenue growth.
The global players with a global presence include Alibaba Group Holding, Amazon, Alphabet, Hewlett Packard Enterprise, Dell Technologies and others.
Polaris Market Research has segmented the cloud storage market report based on component, type, enterprise size, and region:
Cloud Storage, Component Outlook (Revenue - USD Billion, 2020 - 2034)
Storage Model
Object Storage
File Storage
Block Storage
Services
Cloud Storage, Type Outlook (Revenue - USD Billion, 2020 - 2034)
Public
Private
Hybrid
Cloud Storage, Enterprise Size Outlook (Revenue - USD Billion, 2020 - 2034)
Small and Medium Enterprises
Large Enterprises
Cloud Storage, Region Outlook (Revenue - USD Billion, 2020 - 2034)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
The rise in demand for easily accessible data storage for remote workers, decreasing Total Cost of Ownership, and growing data volumes across industries are the factors driving the market's revenue growth. The simplicity of collaboration and sharing, the availability of back-up, and data storage for longer periods are prime factors driving demand for solutions & services for cloud storage for efficient data management.
Additionally, it is anticipated that in the next years, demand for cloud-based storage solutions will expand due to the increased adoption of a number of cutting-edge technologies, including artificial intelligence, remote sensing, and advanced video systems. Enterprises that employ analytics-driven solutions also generate a substantial volume of data. Hybrid storage alternatives are less preferred than alternatives to traditional storage. However, because of concerns about data privacy and confidentiality, governmental organizations are continually enforcing tight restrictions on the use of cloud services.
Throughout the forecast period, COVID-19 is expected to have a major impact on the market's growth. More storage capacity was consequently needed to accommodate the operations of distant workers. File storage systems are a great substitute for archiving and main storage because they were initially designed for media storage, user home directories, and application development. According to studies, 50% of all company data will be kept in the cloud by 2020. On June 2022, an investment of USD 42 million was made in Lightbits Labs, a company that develops software-powered NVMe/TCP-accessed storage devices, bringing its total funding to USD 100 million.
Furthermore, Employees can communicate and retain connections as businesses transition to remote working environments using cloud-based technologies. Due to this, partnerships and alliances aid in market expansion during the COVID-19 pandemic. Cloud infrastructure is increasingly required as data volume rises. A rise in investments by leading market players to build data centers throughout the globe in response to the COVID-19 pandemic is projected to drive the market in the ensuing years.
Cloud Storage Market Report Highlights
Block storage is expected to dominate the market by 2024. There will probably be an increase in demand for dependable and high-performance storage throughout the forecast period, which will result in block storage accounting for a sizable portion of the market.
Private cloud made up the majority of this market in 2024. In situations where complete environmental control is essential, and organizations need flexible computing, a private cloud server may be the best choice.
In 2024, the Large Businesses segment held the most market share. As a result, large businesses frequently seek out dependable and secure services. They focus on providing scalable infrastructure and reasonably priced services for a small and medium-sized organizations.
In 2024, North America held the largest revenue share. Presence of key cloud storage providers, a surge in data centers, the quick uptake of cutting-edge technology, and smart home devices, the region's market is witnessing revenue growth.
The global players with a global presence include Alibaba Group Holding, Amazon, Alphabet, Hewlett Packard Enterprise, Dell Technologies and others.
Polaris Market Research has segmented the cloud storage market report based on component, type, enterprise size, and region:
Cloud Storage, Component Outlook (Revenue - USD Billion, 2020 - 2034)
Storage Model
Object Storage
File Storage
Block Storage
Services
Cloud Storage, Type Outlook (Revenue - USD Billion, 2020 - 2034)
Public
Private
Hybrid
Cloud Storage, Enterprise Size Outlook (Revenue - USD Billion, 2020 - 2034)
Small and Medium Enterprises
Large Enterprises
Cloud Storage, Region Outlook (Revenue - USD Billion, 2020 - 2034)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
119 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Protein Purification and Isolation Market Insights
- 4.1. U.S. Protein Purification and Isolation Market – Market Snapshot
- 4.2. U.S. Protein Purification and Isolation Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing R&D investments
- 4.2.1.2. Increasing Automation & AI integration
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High initial capital investment and operational costs
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. U.S. Protein Purification and Isolation Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Protein Purification and Isolation Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Protein Purification and Isolation Market, by Product, 2020-2034 (USD Billion)
- 5.3. Instruments
- 5.3.1. U.S. Protein Purification and Isolation Market, by Instruments, 2020–2034 (USD Billion)
- 5.4. Consumables
- 5.4.1. U.S. Protein Purification and Isolation Market, by Consumables, 2020–2034 (USD Billion)
- 5.5. Kits
- 5.5.1. U.S. Protein Purification and Isolation Market, by Kits, 2020–2034 (USD Billion)
- 5.6. Reagents
- 5.6.1. U.S. Protein Purification and Isolation Market, by Reagents, 2020–2034 (USD Billion)
- 5.7. Columns
- 5.7.1. U.S. Protein Purification and Isolation Market, by Columns, 2020–2034 (USD Billion)
- 5.8. Magnetic Beads
- 5.8.1. U.S. Protein Purification and Isolation Market, by Magnetic Beads, 2020–2034 (USD Billion)
- 5.9. Resins
- 5.9.1. U.S. Protein Purification and Isolation Market, by Resins, 2020–2034 (USD Billion)
- 5.10. Others
- 5.10.1. U.S. Protein Purification and Isolation Market, by Others, 2020–2034 (USD Billion)
- 6. U.S. Protein Purification and Isolation Market, by Technology
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Protein Purification and Isolation Market, by Technology, 2020-2034 (USD Billion)
- 6.3. Ultrafiltration
- 6.3.1. U.S. Protein Purification and Isolation Market, by Ultrafiltration, 2020–2034 (USD Billion)
- 6.4. Precipitation
- 6.4.1. U.S. Protein Purification and Isolation Market, by Precipitation, 2020–2034 (USD Billion)
- 6.5. Chromatography
- 6.5.1. U.S. Protein Purification and Isolation Market, by Chromatography, 2020–2034 (USD Billion)
- 6.6. Ion Exchange Chromatography
- 6.6.1. U.S. Protein Purification and Isolation Market, by Ion Exchange Chromatography, 2020–2034 (USD Billion)
- 6.6.2. Affinity Chromatography
- 6.6.2.1. U.S. Protein Purification and Isolation Market, by Affinity Chromatography, 2020–2034 (USD Billion)
- 6.6.3. Reversed Phase Chromatography
- 6.6.3.1. U.S. Protein Purification and Isolation Market, by Reversed Phase Chromatography, 2020–2034 (USD Billion)
- 6.6.4. Size Exclusion Chromatography
- 6.6.4.1. U.S. Protein Purification and Isolation Market, by Size Exclusion Chromatography, 2020–2034 (USD Billion)
- 6.6.5. Hydrophobic Interaction Chromatography
- 6.6.5.1. U.S. Protein Purification and Isolation Market, by Hydrophobic Interaction Chromatography, 2020–2034 (USD Billion)
- 6.7. Electrophoresis
- 6.7.1. U.S. Protein Purification and Isolation Market, by Electrophoresis, 2020–2034 (USD Billion)
- 6.7.2. Gel Electrophoresis
- 6.7.2.1. U.S. Protein Purification and Isolation Market, by Gel Electrophoresis, 2020–2034 (USD Billion)
- 6.7.3. Isoelectric Focusing
- 6.7.3.1. U.S. Protein Purification and Isolation Market, by Isoelectric Focusing, 2020–2034 (USD Billion)
- 6.7.4. Capillary Electrophoresis
- 6.7.4.1. U.S. Protein Purification and Isolation Market, by Capillary Electrophoresis, 2020–2034 (USD Billion)
- 6.8. Western Blotting
- 6.8.1. U.S. Protein Purification and Isolation Market, by Western Blotting, 2020–2034 (USD Billion)
- 6.9. Others
- 6.9.1. U.S. Protein Purification and Isolation Market, by Others, 2020–2034 (USD Billion)
- 7. U.S. Protein Purification and Isolation Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Protein Purification and Isolation Market, by Application, 2020-2034 (USD Billion)
- 7.3. Drug Screening
- 7.3.1. U.S. Protein Purification and Isolation Market, by Drug Screening, 2020–2034 (USD Billion)
- 7.4. Biomarker Discovery
- 7.4.1. U.S. Protein Purification and Isolation Market, by Biomarker Discovery, 2020–2034 (USD Billion)
- 7.5. Protein-Protein Interaction Studies
- 7.5.1. U.S. Protein Purification and Isolation Market, by Protein-Protein Interaction Studies, 2020–2034 (USD Billion)
- 7.6. Diagnostics
- 7.6.1. U.S. Protein Purification and Isolation Market, by Diagnostics, 2020–2034 (USD Billion)
- 8. U.S. Protein Purification and Isolation Market, by End User
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. U.S. Protein Purification and Isolation Market, by End User, 2020-2034 (USD Billion)
- 8.3. Academic and Pharmaceutical and Biotechnology Companies
- 8.3.1. U.S. Protein Purification and Isolation Market, by Academic and Pharmaceutical and Biotechnology Companies, 2020–2034 (USD Billion)
- 8.4. Hospitals
- 8.4.1. U.S. Protein Purification and Isolation Market, by Hospitals, 2020–2034 (USD Billion)
- 8.5. Pharmaceutical and Biotechnology Companies
- 8.5.1. U.S. Protein Purification and Isolation Market, by Pharmaceutical and Biotechnology Companies, 2020–2034 (USD Billion)
- 8.6. Pharmaceutical Companies
- 8.6.1. U.S. Protein Purification and Isolation Market, by Pharmaceutical Companies, 2020–2034 (USD Billion)
- 8.7. CROs
- 8.7.1. U.S. Protein Purification and Isolation Market, by CROs, 2020–2034 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Aalto Scientific
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Agilent Technologies
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Arvys Proteins Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Bio-Rad Laboratories
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Charles River Laboratories
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Creative Proteomics
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Promega Corporation
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Revvity Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Scripps Laboratories
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Thermo Fisher Scientific Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
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