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Public Cloud Storage Market Is Growing At an Exponential Rate in 2019 and Coming Years

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The Latest Research Report “Public Cloud Storage Market: Global Industry Analysis and Opportunity Assessment 2017-2027” provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz

The global Public Cloud Storage market has witnessed changing patterns of consumer demand in the recent times. This research study is an attempt to understand the changes and the impact of this changes on the Public Cloud Storage market across the world. The study delivers a comprehensive analysis of the market, acting as a source of valuable information for active market participants across the value chain and assisting them in capitalizing the opportunities as well as developing crucial business strategies. It also helps the companies operating in the market to understand the prevalent market trends and shaping their businesses accordingly.

Public cloud storage market has grown rapidly in many enterprises as there is an alternative to on-premises hardware for IT infrastructure. Public cloud storage is available on a remote cloud server and can be accessed on internet where individuals and enterprises can store, edit and manage data. Public storage provides flexible payment option where the users pay only for the storage capacity which is being used. Public cloud storage offers storage capacity with the use of multiple customers which are serviced at once from the same infrastructure. Public cloud storage has a huge amount of storage space which is built over storage virtualization, which distributes large storage arrays into multiple architecture which is shared among users and applications. Public cloud storage provides no maintenance for the enterprises as the hardware and networks are maintained by the cloud services provider. In addition to that, Public cloud storage save the time for the enterprises by providing the services immediately.

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Public Cloud Storage Market: Drivers and Challenges

Public Cloud Storage market is widely adopted by many enterprises as there is a new ways to leverage the unlimited storage capacity, mission-critical storage services, saving the cost and the ability to scale up or scale down services for enterprises which drive the public cloud storage market growth.

In contrast to this, many enterprises are hesitant to tap the power of public cloud storage due to data privacy and integrity, and the service level policies and compliance are completely enforced by the service provider which is restraining the growth of public cloud storage market.

Public Cloud Storage Market: Segmentation

Segmentation on the basis of source models:

  • Web service application programming interface (API)
  • Thin client applications

Segmentation on the basis of industry:

  • IT and Telecommunications
  • Manufacturing
  • Transportation and Logistics
  • Defense and Government
  • BFSI
  • Healthcare
  • Retail
  • Energy and Utilities
  • Others

Public Cloud Storage Market: key players

Some of the key players for public cloud storage market are Amazon, Google, IBM, Microsoft Corporation, Rackspace, Apple Inc, AT&T, Cisco Systems, Cleversafe, Dell, Hitachi Data Systems, HP, Symantec, VMware.

Public Cloud Storage Market: Regional Overview

Public Cloud Storage Market is currently dominated by North America due as increase in IT infrastructure in this region.Asia Pacific Public Cloud Storage Market is expected to have the highest growth rate during the forecast period.

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MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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