Cloud Native Storage Market: A Study of the Industry’s Current Status and Future Outlook

The Global Cloud Native Storage Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides an analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

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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. The 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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They are therefore built for resilience and quick, widespread change. Instead of running in a single instance, on-premises operating systems, cloud-native programs are executed in contemporary, dynamic environments including public clouds, private clouds, and hybrid clouds. Microservices architecture is used to build cloud-native apps, which are composed of smaller (micro) parts that are containerized to enable cross-infrastructure testing. The software application can be updated using Continuous Integration and Continuous Delivery (CI/CD) operational principles as the microservices are in containers. Without any downtime, CI/CD enables the updating, testing, and pushing live of the microservices contained in a single container.

Competitive terrain:

The global Cloud Native Storage industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Key Companies Profiled in the Report: 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

Segmental Analysis

The global Cloud Native Storage market is broadly segmented on the basis of different product types, application ranges, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Cloud Native Storage sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the 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

Key reasons to buy the Global Cloud Native Storage Market report:

The latest report comprehensively studies the global Cloud Native Storage market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products and services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

Regional Analysis Covers:

North America (US, Canada)

Europe (UK, Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)

Research Report on the Cloud Native Storage Market Addresses the Following Key Questions:

Who are the dominant players in the Cloud Native Storage market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Cloud Native Storage market?

What are the key growth drivers and restraining factors of the Cloud Native Storage market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Cloud Native Storage market and its key segments?

Thank you for reading our report. For further queries, please connect with us, and our team will provide you with the report best suited to your requirements.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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