Cloud Native Storage Market Analysis: Opportunities and Challenges


Increase in data volume across enterprises is a significant factor driving the global cloud native storage market revenue growth

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The Cloud Native Storage Market report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Cloud Native Storage market. It provides a comprehensive evaluation of the global Cloud Native Storage market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Cloud Native Storage market. It also focuses on both the global as well as the regional expansion of the Cloud Native Storage industry to give an overall analysis.

The global cloud native storage market size is expected to reach USD 71.87 Billion in 2030, and register a steady revenue CAGR of 23.1% during the forecast period, according to the latest analysis by Emergen Research. Increase in automation in application updates can be attributed to the steady market revenue growth of cloud native storage. Technologies that are cloud native were created with scalability in mind.

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The report addresses the following key points:

  • The report provides a forecast of market drivers, restraints, and future opportunities for the Cloud Native Storage market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the Cloud Native Storage market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

Some major companies in the global market report include Microsoft Corporation, The International Business Machines Corporation (IBM), Amazon Web Services, Inc., Google LLC, Alibaba Cloud, Hewlett Packard Enterprise Development LP, Dell Inc., NetApp, Pure Storage, Inc., and Suse

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Segmentation:

For the purpose of this report, Emergen Research has segmented global cloud native storage market on the basis of component, deployment type, vertical, and region:

·        Component Outlook (Revenue, USD Million; 2019–2030)

  • Solutions
    1. Object Storage
    2. Block Storage
    3. File Storage
  • Services
    1. Consulting
    2. Integration Implementation
    3. Training, Support, Maintenance

·        Deployment Type Outlook (Revenue, USD Million; 2019–2030)

  • Public Cloud
  • Private Cloud

·        Vertical Outlook (Revenue, USD Million; 2019–2030)

  • Banking, Financial Services, Insurance
  • Telecommunications
  • Retail Consumer Goods
  • IT ITES
  • Healthcare Life Sciences
  • Manufacturing
  • Media Entertainment
  • Government Public Sector
  • Energy Utilities
  • Other Verticals

Regional Analysis:

The report sheds light on the region expected to dominate the Cloud Native Storage market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyses the spread of the Cloud Native Storage market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

Some Key Highlights From the Report:

  • On 15 November 2022, in addition to launching Scyld Cloud Central control plane, a new cloud-native High Performance Computing/Artificial Intelligence (HPC/AI) product, Penguin Solutions, an SGHTM brand that offers HPC, AI, and IoT technologies for edge, core, and cloud, also announced its relationship with Google Cloud.
  • Customers will benefit from easier cluster setup, an improved user experience, and strong cost management options owing to this new integrated solution for on-premises and cloud-based HPC/AI clusters.
  • The solutions segment is expected to lead in terms of revenue share in the global market over the forecast period. Utilizing cloud native storage solutions has several advantages. Scalability, availability, storage performance, consistency, durability, and dynamic deployment are all advantages of cloud native storage solutions. Cloud-native storage is easily scalable. 

Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

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