Storage as a Service Market

“Global Storage as a Service Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global storage as a service market. Storage as a Service (STaaS) refers to the managed service of renting the data storage infrastructure to other organizations or individuals. Some of the commonly offered services include cloud backup and archiving through standalone and platform-attached storage systems. STaaS aids in reducing the overall storage costs for hardware required to maintain storage facilities. It is widely used across industries, such as information technology (IT), healthcare, manufacturing and education.

The global storage as a service market is primarily being driven by the increasing requirement for data archiving by small and medium-sized enterprises. The rising adoption of bring your own device (BYOD) policy is also expected to drive the market further. Other factors, such as the widespread adoption of hybrid cloud storage systems for improved data management, are contributing to the market growth.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the storage as a service market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the storage as a service market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the storage as a service market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the storage as a service Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the storage as a service Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the storage as a service Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the storage as a service Industry. Furthermore, the value chain analysis of the storage as a service Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Storage as a Service Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the storage as a service industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.