Global Storage as a Service (STaaS) Market Overview

The global Storage as a Service (STaaS) Market size was valued at USD 43.26 Billion in 2021 and is projected to reach USD 137.37 Billion by 2028, growing at a CAGR of 26.5% from 2022 to 2028.

Storage as a Service (STaaS) referred to as hosted storage is a subscription service model where a company can rent lease or rents its storage infrastructure to another company or individual to store data. As compared to building private storage infrastructure, storage as a service is cost-efficient.  Small and medium businesses, enterprises, home offices, and individuals use the cloud for multimedia storage, data backup and recovery, data repositories, and disaster recovery. The common use cases of storage as a service include shared file systems, raw storage volume, hosting applications, database management systems, disaster recovery solutions, and extract load and transform (ETL) pipelines. Block, file, and object storage are the three main types of data storage used in the industry. The demand for storage as a service is increasing owing to the several organizations around the world that generated a large amount of data. Also, the growing use of mobile devices, tablets, and other devices supports for the growth of the Storage as a Service market.

Market Dynamics And Factors For Storage as a Service (STaaS) Market

Drivers:

  • Growing Demand for Storage As A Service From The Smartphone Sector

Restraints:

  • Higher Long-Term Costs of a STaaS Subscription

Opportunity:

  • Growing Investment in Digitalizing IT Infrastructure

Covid-19 Impact Analysis On Storage as a Service (STaaS) Market

The recent outbreak of coronavirus has proven to be a bane for the market. The pandemic has led to the suspension of business activity on account of the coronavirus pandemic and has resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. Mandatory containment measures and health safety compliances have put huge pressure on remote operations across a wide array of industry verticals which further derailed the market growth rate. However, during the covid-19 several industries adopted the digitalization process and thus increase the need for data storage and management. Moreover, at the end of 2020, global companies witnessed rising investments in technology-based infrastructure and Storage as a Service (STaaS) solutions to facilitate easy remote working.

Top Key Players Covered In Storage as a Service (STaaS) Market

  • Hitachi Vantara
  • Zadara Storage
  • Cloudian
  • Quantum Corporation
  • AWS
  • IBM Corporation
  • Microsoft
  • HPE
  • Google
  • AT&T
  • Dell Technologies
  • Rackspace Inc., and other major players.

Key Industry Development In The Storage as a Service (STaaS) Market

In May 2021, Hewlett Packard Enterprise launched the new transform HPE Storage into a cloud-native, software-defined data services business. HPE developed a data services platform that delivers on its Unified DataOps vision for a new data experience that brings a cloud operations model to wherever data lives and unifies data operations.

Global Storage as a Service (STaaS) Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data :

2016 to 2020

Market Size in 2021:

USD 43.26 Bn.

Forecast Period 2022-28 CAGR:

26.5%

Market Size in 2028:

USD 137.37 Bn.

Segments Covered:

By Service Type

  • Cloud NAS
  • Cloud SAN
  • Cloud Backup
  • Cloud Archiving

By Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

By End-User

  • BFSI
  • IT & Telecommunication
  • Retail
  • Healthcare
  • Manufacturing
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Demand for Storage As A Service From The Smartphone Sector

Key Market Restraints:

  • Higher Long-Term Costs of a STaaS Subscription

Key Opportunities:

  • Growing Investment in Digitalizing IT Infrastructure

Companies Covered in the report:

  • Hitachi Vantara, Zadara Storage, Cloudian, Quantum Corporation, AWS, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By End-User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Storage as a Service (STaaS) Market by Type
 5.1 Storage as a Service (STaaS) Market Overview Snapshot and Growth Engine
 5.2 Storage as a Service (STaaS) Market Overview
 5.3 Private Cloud
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Private Cloud: Geographic Segmentation
 5.4 Public Cloud
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Public Cloud: Geographic Segmentation
 5.5 Hybrid Cloud
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Hybrid Cloud: Geographic Segmentation

Chapter 6: Storage as a Service (STaaS) Market by End-User
 6.1 Storage as a Service (STaaS) Market Overview Snapshot and Growth Engine
 6.2 Storage as a Service (STaaS) Market Overview
 6.3 BFSI
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 BFSI: Geographic Segmentation
 6.4 IT & Telecommunication
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 IT & Telecommunication: Geographic Segmentation
 6.5 Retail
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Retail: Geographic Segmentation
 6.6 Manufacturing
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Manufacturing: Geographic Segmentation
 6.7 Others
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Others: Geographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Storage as a Service (STaaS) Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Storage as a Service (STaaS) Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Storage as a Service (STaaS) Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 HITACHI VANTARA
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 ZADARA STORAGE
 7.4 CLOUDIAN
 7.5 QUANTUM CORPORATION
 7.6 AWS
 7.7 IBM CORPORATION
 7.8 MICROSOFT
 7.9 HPE
 7.10 GOOGLE
 7.11 AT&T
 7.12 DELL TECHNOLOGIES
 7.13 RACKSPACE INC.
 7.14 OTHER MAJOR PLAYERS

Chapter 8: Global Storage as a Service (STaaS) Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Private Cloud
  8.2.2 Public Cloud
  8.2.3 Hybrid Cloud
 8.3 Historic and Forecasted Market Size By End-User
  8.3.1 BFSI
  8.3.2 IT & Telecommunication
  8.3.3 Retail
  8.3.4 Manufacturing
  8.3.5 Others

Chapter 9: North America Storage as a Service (STaaS) Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Private Cloud
  9.4.2 Public Cloud
  9.4.3 Hybrid Cloud
 9.5 Historic and Forecasted Market Size By End-User
  9.5.1 BFSI
  9.5.2 IT & Telecommunication
  9.5.3 Retail
  9.5.4 Manufacturing
  9.5.5 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Storage as a Service (STaaS) Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Private Cloud
  10.4.2 Public Cloud
  10.4.3 Hybrid Cloud
 10.5 Historic and Forecasted Market Size By End-User
  10.5.1 BFSI
  10.5.2 IT & Telecommunication
  10.5.3 Retail
  10.5.4 Manufacturing
  10.5.5 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Storage as a Service (STaaS) Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Private Cloud
  11.4.2 Public Cloud
  11.4.3 Hybrid Cloud
 11.5 Historic and Forecasted Market Size By End-User
  11.5.1 BFSI
  11.5.2 IT & Telecommunication
  11.5.3 Retail
  11.5.4 Manufacturing
  11.5.5 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Storage as a Service (STaaS) Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Private Cloud
  12.4.2 Public Cloud
  12.4.3 Hybrid Cloud
 12.5 Historic and Forecasted Market Size By End-User
  12.5.1 BFSI
  12.5.2 IT & Telecommunication
  12.5.3 Retail
  12.5.4 Manufacturing
  12.5.5 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Storage as a Service (STaaS) Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Private Cloud
  13.4.2 Public Cloud
  13.4.3 Hybrid Cloud
 13.5 Historic and Forecasted Market Size By End-User
  13.5.1 BFSI
  13.5.2 IT & Telecommunication
  13.5.3 Retail
  13.5.4 Manufacturing
  13.5.5 Others
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Storage as a Service (STaaS) Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data :

2016 to 2020

Market Size in 2021:

USD 43.26 Bn.

Forecast Period 2022-28 CAGR:

26.5%

Market Size in 2028:

USD 137.37 Bn.

Segments Covered:

By Service Type

  • Cloud NAS
  • Cloud SAN
  • Cloud Backup
  • Cloud Archiving

By Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

By End-User

  • BFSI
  • IT & Telecommunication
  • Retail
  • Healthcare
  • Manufacturing
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Demand for Storage As A Service From The Smartphone Sector

Key Market Restraints:

  • Higher Long-Term Costs of a STaaS Subscription

Key Opportunities:

  • Growing Investment in Digitalizing IT Infrastructure

Companies Covered in the report:

  • Hitachi Vantara, Zadara Storage, Cloudian, Quantum Corporation, AWS, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. STORAGE AS A SERVICE (STAAS) MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. STORAGE AS A SERVICE (STAAS) MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. STORAGE AS A SERVICE (STAAS) MARKET COMPETITIVE RIVALRY
TABLE 005. STORAGE AS A SERVICE (STAAS) MARKET THREAT OF NEW ENTRANTS
TABLE 006. STORAGE AS A SERVICE (STAAS) MARKET THREAT OF SUBSTITUTES
TABLE 007. STORAGE AS A SERVICE (STAAS) MARKET BY TYPE
TABLE 008. PRIVATE CLOUD MARKET OVERVIEW (2016-2028)
TABLE 009. PUBLIC CLOUD MARKET OVERVIEW (2016-2028)
TABLE 010. HYBRID CLOUD MARKET OVERVIEW (2016-2028)
TABLE 011. STORAGE AS A SERVICE (STAAS) MARKET BY END-USER
TABLE 012. BFSI MARKET OVERVIEW (2016-2028)
TABLE 013. IT & TELECOMMUNICATION MARKET OVERVIEW (2016-2028)
TABLE 014. RETAIL MARKET OVERVIEW (2016-2028)
TABLE 015. MANUFACTURING MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA STORAGE AS A SERVICE (STAAS) MARKET, BY TYPE (2016-2028)
TABLE 018. NORTH AMERICA STORAGE AS A SERVICE (STAAS) MARKET, BY END-USER (2016-2028)
TABLE 019. N STORAGE AS A SERVICE (STAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE STORAGE AS A SERVICE (STAAS) MARKET, BY TYPE (2016-2028)
TABLE 021. EUROPE STORAGE AS A SERVICE (STAAS) MARKET, BY END-USER (2016-2028)
TABLE 022. STORAGE AS A SERVICE (STAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC STORAGE AS A SERVICE (STAAS) MARKET, BY TYPE (2016-2028)
TABLE 024. ASIA PACIFIC STORAGE AS A SERVICE (STAAS) MARKET, BY END-USER (2016-2028)
TABLE 025. STORAGE AS A SERVICE (STAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA STORAGE AS A SERVICE (STAAS) MARKET, BY TYPE (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA STORAGE AS A SERVICE (STAAS) MARKET, BY END-USER (2016-2028)
TABLE 028. STORAGE AS A SERVICE (STAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA STORAGE AS A SERVICE (STAAS) MARKET, BY TYPE (2016-2028)
TABLE 030. SOUTH AMERICA STORAGE AS A SERVICE (STAAS) MARKET, BY END-USER (2016-2028)
TABLE 031. STORAGE AS A SERVICE (STAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 032. HITACHI VANTARA: SNAPSHOT
TABLE 033. HITACHI VANTARA: BUSINESS PERFORMANCE
TABLE 034. HITACHI VANTARA: PRODUCT PORTFOLIO
TABLE 035. HITACHI VANTARA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. ZADARA STORAGE: SNAPSHOT
TABLE 036. ZADARA STORAGE: BUSINESS PERFORMANCE
TABLE 037. ZADARA STORAGE: PRODUCT PORTFOLIO
TABLE 038. ZADARA STORAGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. CLOUDIAN: SNAPSHOT
TABLE 039. CLOUDIAN: BUSINESS PERFORMANCE
TABLE 040. CLOUDIAN: PRODUCT PORTFOLIO
TABLE 041. CLOUDIAN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. QUANTUM CORPORATION: SNAPSHOT
TABLE 042. QUANTUM CORPORATION: BUSINESS PERFORMANCE
TABLE 043. QUANTUM CORPORATION: PRODUCT PORTFOLIO
TABLE 044. QUANTUM CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. AWS: SNAPSHOT
TABLE 045. AWS: BUSINESS PERFORMANCE
TABLE 046. AWS: PRODUCT PORTFOLIO
TABLE 047. AWS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. IBM CORPORATION: SNAPSHOT
TABLE 048. IBM CORPORATION: BUSINESS PERFORMANCE
TABLE 049. IBM CORPORATION: PRODUCT PORTFOLIO
TABLE 050. IBM CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. MICROSOFT: SNAPSHOT
TABLE 051. MICROSOFT: BUSINESS PERFORMANCE
TABLE 052. MICROSOFT: PRODUCT PORTFOLIO
TABLE 053. MICROSOFT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. HPE: SNAPSHOT
TABLE 054. HPE: BUSINESS PERFORMANCE
TABLE 055. HPE: PRODUCT PORTFOLIO
TABLE 056. HPE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. GOOGLE: SNAPSHOT
TABLE 057. GOOGLE: BUSINESS PERFORMANCE
TABLE 058. GOOGLE: PRODUCT PORTFOLIO
TABLE 059. GOOGLE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. AT&T: SNAPSHOT
TABLE 060. AT&T: BUSINESS PERFORMANCE
TABLE 061. AT&T: PRODUCT PORTFOLIO
TABLE 062. AT&T: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. DELL TECHNOLOGIES: SNAPSHOT
TABLE 063. DELL TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 064. DELL TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 065. DELL TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. RACKSPACE INC.: SNAPSHOT
TABLE 066. RACKSPACE INC.: BUSINESS PERFORMANCE
TABLE 067. RACKSPACE INC.: PRODUCT PORTFOLIO
TABLE 068. RACKSPACE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 069. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 070. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 071. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY TYPE
FIGURE 012. PRIVATE CLOUD MARKET OVERVIEW (2016-2028)
FIGURE 013. PUBLIC CLOUD MARKET OVERVIEW (2016-2028)
FIGURE 014. HYBRID CLOUD MARKET OVERVIEW (2016-2028)
FIGURE 015. STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY END-USER
FIGURE 016. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 017. IT & TELECOMMUNICATION MARKET OVERVIEW (2016-2028)
FIGURE 018. RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 019. MANUFACTURING MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA STORAGE AS A SERVICE (STAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)

Please Wait...

Frequently Asked Questions :

What would be forecast period in the Storage as a Service (STaaS) Market research report?

The forecast period in the Storage as a Service (STaaS) Market research report is 2022-2028.

Who are the key players in Storage as a Service (STaaS) Market?

Hitachi Vantara, Zadara Storage, Cloudian, Quantum Corporation, AWS, IBM Corporation, Microsoft, HPE, Google, AT&T, Dell Technologies, Rackspace Inc., and other major players.

What are the segments of the Storage as a Service (STaaS) Market?

The Storage as a Service (STaaS) Market is segmented into Service Type, End-User, and region. By Service Type, the market is categorized into Cloud NAS, Cloud SAN, Cloud Backup, and Cloud Archiving. By End-User, the market is categorized into BFSI, IT & Telecommunication, Retail, Healthcare, Manufacturing, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).

What is the Storage as a Service (STaaS) Market?

Storage as a Service (STaaS) referred to as hosted storage is a subscription service model where a company can rent lease or rents its storage infrastructure to another company or individual to store data. As compared to building private storage infrastructure, storage as a service is cost-efficient.  Small and medium businesses, enterprises, home offices, and individuals use the cloud for multimedia storage, data backup and recovery, data repositories, and disaster recovery. The common use cases of storage as a service include shared file systems, raw storage volume, hosting applications, database management systems, disaster recovery solutions, and extract load and transform (ETL) pipelines.

How big is the Storage as a Service (STaaS) Market?

The global Storage as a Service (STaaS) Market size was valued at USD 43.26 Billion in 2021 and is projected to reach USD 137.37 Billion by 2028, growing at a CAGR of 26.5% from 2022 to 2028.