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Cloud Native Storage Market Trends and Forecast

 
The future of the global cloud native storage market looks promising with opportunities in the banking, financial services & insurance (BFSI), government, healthcare & life sciences, telecommunication, IT & ITeS, manufacturing, energy & utilities, media & entertainment, and retail & consumer good industries. The global cloud native storage market is expected to grow with a CAGR of 23% to 25% from 2023 to 2028. The major drivers for this market are increasing investment of advanced technologies, increased agility and productivity, improved scalability & reliability, and reduced costs.
Cloud Native Storage Market 

Emerging Trends in the Cloud Native Storage Market

Emerging trends, which have a direct impact on the dynamics of the industry, include emergence of multi-cloud-native strategies by web scale innovators and growing use of advanced technology in enterprises.
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. 
Cloud Native Storage Market by Segments

Cloud Native Storage Market by Segment

The study includes a forecast for the global cloud native storage market  by component, organization size, deployment type, end use industry, and region, as follows:

Cloud Native Storage Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Solutions
    • File Storage
    • Block Storage
    • Object Storage
  • Services
    • Consulting
    • Integration and Implementation
    • Training, Support, and Maintenance

Cloud Native Storage Market by Organization Size [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Large Enterprises
  • SMEs

Cloud Native Storage Market by Deployment Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Cloud Native Storage Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Banking, Financial Services, & Insurance
  • Government
  • Healthcare & Life Sciences
  • Telecommunication
  • IT & ITeS
  • Manufacturing
  • Energy & Utilities
  • Media & Entertainment
  • Retail & Consumer Goods
  • Other Verticals

Cloud Native Storage Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Cloud Native Storage Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud native storage companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud native storage companies profiled in this report include. 

Cloud Native Storage Market Insights

  • Lucintel forecasts that solutions will remain the fastest growing segment over the forecast period due to the increased demand for reliable and high-performance storage. Additionally, it helps the organization to tackle fundamental requirements such as availability, data security, and durability.
  • BFSI is expected to remain the largest segment due to the growing need for cloud native technology in banking sector that can improve the efficiency of data aggregation and storage.
  • North America will remain the largest region due to the growing adoption of smart home devices, connected devices, video streaming services, and digital payments that generates heaps of data every day, strong economic landscape, huge IT budgets, high technology assimilation, and early adoption of advanced technologies.

Features of the Cloud Native Storage Market

  • Market Size Estimates: Cloud native storage market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Cloud native storage market size by various segments, such as by component, organization size, deployment type, end use industry, and region.
  • Regional Analysis: Cloud native storage market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by component, organization size, deployment type, end use industry, and regions for the cloud native storage market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the cloud native storage market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the cloud native storage market size?
Answer: The global cloud native storage market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for cloud native storage market?
Answer: The global cloud native storage market is expected to grow with a CAGR of 23% to 25% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the cloud native storage market?
Answer: The major drivers for this market are increasing investment of advanced technologies, increased agility and productivity, improved scalability & reliability, and reduced costs.
Q4. What are the major segments for cloud native storage market?
Answer: The future of the cloud native storage market looks promising with opportunities in the banking, financial services & insurance (BFSI), government, healthcare & life sciences, telecommunication, IT & ITeS, manufacturing, energy & utilities, media & entertainment, and retail & consumer good industries.
Q5. What are the emerging trends in cloud native storage market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include emergence of multi-cloud-native strategies by web scale innovators and growing use of advanced technology in enterprises.
Q6. Who are the key cloud native storage companies?
Answer: Some of the key cloud native storage companies are as follows:
  • IBM
  • Microsoft
  • AWS
  • Alibaba Group
  • Google
  • VMWare
  • Huawei
  • Citrix
  • Robin.io
Q7. Which cloud native storage segment will be the largest in future?
Answer: Lucintel forecasts that solutions will remain the fastest growing segment over the forecast period due to the increased demand for reliable and high-performance storage. Additionally, it helps the organization to tackle fundamental requirements such as availability, data security, and durability.
Q8. In cloud native storage market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the growing adoption of smart home devices, connected devices, video streaming services, and digital payments that generates heaps of data every day, strong economic landscape, huge IT budgets, high technology assimilation, and early adoption of advanced technologies.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the infrastructure as code (IaC) market by component (solutions and services), organization size (large enterprises and SMEs), deployment type (public cloud, private cloud, and hybrid cloud), end use industry (BFSI, government, healthcare and life sciences, telecommunication, IT & ITeS, manufacturing, energy & utilities, media & entertainment, retail & consumer goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to cloud native storage market or related to cloud native storage companies, cloud native storage market size, cloud native storage market share, cloud native storage analysis, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary

2. Global Cloud Native Storage Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Cloud Native Storage Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Cloud Native Storage Market by Component
3.3.1: Solutions
3.3.1.1: File Storage
3.3.1.2: Block Storage
3.3.1.3: Object Storage
3.3.2: Services
3.3.2.1: Consulting
3.3.2.2: Integration and Implementation
3.3.2.3: Training, Support, and Maintenance
3.4: Global Cloud Native Storage Market by Organization Size
3.4.1: Large Enterprises
3.4.2: SMEs
3.5: Global Cloud Native Storage Market by Deployment Type
3.5.1: Public Cloud
3.5.2: Private Cloud
3.5.3: Hybrid Cloud
36: Global Cloud Native Storage Market by End Use Industry
3.6.1: BFSI
3.6.2: Government
3.6.3: Healthcare & Life Sciences
3.6.4: Telecommunication
3.6.5: IT & ITeS
3.6.6: Manufacturing
3.6.7: Energy & Utilities
3.6.8: Media & Entertainment
3.6.9: Retail & Consumer Goods
3.6.10: Others

4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Cloud Native Storage Market by Region
4.2: North American Cloud Native Storage Market
4.2.1: North American Cloud Native Storage Market by Deployment Type: Public Cloud, Private Cloud, and Hybrid Cloud
4.2.2: North American Cloud Native Storage Market by End Use Industry: BFSI, Government, Healthcare And Life Sciences, Telecommunication, IT & ITeS, Manufacturing, Energy & Utilities, Media & Entertainment, Retail & Consumer Goods, and Others
4.3: European Cloud Native Storage Market
4.3.1: European Cloud Native Storage Market by Deployment Type: Public Cloud, Private Cloud, and Hybrid Cloud
4.3.2: European Cloud Native Storage Market by End Use Industry: BFSI, Government, Healthcare And Life Sciences, Telecommunication, IT & ITeS, Manufacturing, Energy & Utilities, Media & Entertainment, Retail & Consumer Goods, and Others
4.4: APAC Cloud Native Storage Market
4.4.1: APAC Cloud Native Storage Market by Deployment Type: Public Cloud, Private Cloud, and Hybrid Cloud
4.4.2: APAC Cloud Native Storage Market by End Use Industry: BFSI, Government, Healthcare And Life Sciences, Telecommunication, IT & ITeS, Manufacturing, Energy & Utilities, Media & Entertainment, Retail & Consumer Goods, and Others
4.5: ROW Cloud Native Storage Market
4.5.1: ROW Cloud Native Storage Market by Deployment Type: Public Cloud, Private Cloud, and Hybrid Cloud
4.5.2: ROW Cloud Native Storage Market by End Use Industry: BFSI, Government, Healthcare And Life Sciences, Telecommunication, IT & ITeS, Manufacturing, Energy & Utilities, Media & Entertainment, Retail & Consumer Goods, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cloud Native Storage Market by Component
6.1.2: Growth Opportunities for the Global Cloud Native Storage Market by Organization Size
6.1.3: Growth Opportunities for the Global Cloud Native Storage Market by Deployment Type
6.1.4: Growth Opportunities for the Global Cloud Native Storage Market by End Use Industry
6.1.5: Growth Opportunities for the Global Cloud Native Storage Market by Region
6.2: Emerging Trends in the Global Cloud Native Storage Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cloud Native Storage Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cloud Native Storage Market

7. Company Profiles of Leading Players
7.1: IBM
7.2: Microsoft
7.3: AWS
7.4: Alibaba Cloud
7.5: Google
7.6: VMWare
7.7: Huawei
7.8: Citrix
7.9: Robin.io

.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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