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Report overview
The global Cloud Storage Gateway market was valued at US$ 1956.3 million in 2022 and is projected to reach US$ 5917.4 million by 2029, at a CAGR of 17.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cloud storage gateways are hybrid appliances that combine local storage, data protection functionality, and cloud storage to form a collaborative, cost-effective package. A storage gateway ensures compatibility between different protocols used by cloud service providers and enterprises. In addition, it provides seamless connectivity between a local system and a cloud storage. Storage gateways are necessary to ensure that the data stored in the cloud storage infrastructure are optimized according to established standards. They also facilitate efficient management of traffic and storage space across a network.
This report aims to provide a comprehensive presentation of the global market for Cloud Storage Gateway, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Storage Gateway. This report contains market size and forecasts of Cloud Storage Gateway in global, including the following market information:
Major factors propelling the growth of the market include the high availability of data, cost effectiveness, availability for use on-demand, the ability to function and flexibility of choosing provider as per requirement. The high growth of the market is creating significant opportunities for vendors of these solutions. However, major restraining factors to this market growth are a huge capital investment and lack of skilled personnel. Americas region is expected to dominate the cloud storage gateway market over the forecasted period on account of the high adoption of cloud storage gateways by SMBs?
We surveyed the Cloud Storage Gateway companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Storage Gateway Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Cloud Storage Gateway Market Segment Percentages, by Type, 2022 (%)
Global Cloud Storage Gateway Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Cloud Storage Gateway Market Segment Percentages, by Application, 2022 (%)
Global Cloud Storage Gateway Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Cloud Storage Gateway Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Storage Gateway revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cloud Storage Gateway revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: