Cloud Native Storage Market: A Look at the Industry's Current Status and Future Outlook

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Increase in data volume across enterprises is a significant factor driving the global cloud native storage market revenue growth

The Global Cloud Native Storage Market research report is a detailed document outlining the recent advancements and developments in the Cloud Native Storage Market business sphere considering 2021 as the base year and 2022-2030 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.

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. 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. They are therefore built for resilience and quick, widespread change. 

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Instead of running in a single instance, on-premises operating systems, cloud native programmes are executed in contemporary, dynamic environments including public clouds, private clouds, and hybrid clouds. Micro services 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 micro services are in containers. Without any downtime, CI/CD enables the updating, testing, and pushing live of the micro services 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 a 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

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Segmental Analysis

The global Cloud Native Storage market is broadly segmented on the basis of different product types, application range, 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 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 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.

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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 of 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?

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