—
Nowadays, most organizations follow a multi-cloud strategy because they are not sure about cloud reliability. Multi-cloud is seen as a method to avoid data loss owing to a localized component failure in the cloud. This environment also could avoid vendor lock-in, which is triggering the growth of this market. An enterprise aiming to have multi-cloud storage services, usually has broader business goals. Such goals can include the use of more price competitive services or availing the benefit of capacity and speed offered by a specific cloud service provider. The uncertainty about single cloud reliability and the growing need to avoid vendor lock-in will trigger the growth of the global multi-cloud storage market. However, the difficulty of managing a multi-cloud system is expected to impede the growth of this market.
CONTACT FOR SAMPLE PDF @ https://www.alltheresearch.com/sample-request/57
According to the deployment type, the market is segmented into public, private, and hybrid. Among these, the hybrid segment is likely to grow during the forecast period, owing to the increasing need for hybrid cloud deployment in organizations due to its greater flexibility.
Based on the enterprise size, the market is segmented into small and medium enterprises, and large enterprises. Among these, small and medium enterprises hold a dominating share in the market.
Based on the end-user industry, the market is segmented into retail, energy and utility, BFSI, healthcare, and government sector. Among these, the BFSI sub-segment holds a dominating share in the market.
The Asia-Pacific region is holding a dominating position owing to the large population and high internet penetration in this region. The Latin America region is expected to grow with the highest CAGR over the forecast period. Remarkable growth opportunities are observed in this region, owing to the changes in consumer demographics, coupled with the availability of e-learning and other services in this region.
The key players in the global multi-cloud storage market are Accenture Plc. (Ireland), BMC Software (USA), IBM Corporation (USA), Citrix Systems, Inc. (USA), Cisco Systems, Inc. (USA), VMware, Inc. (USA), RightScale, Inc (USA), CenturyLINK Technology Solutions (USA), Microsoft Corporation (Cloudyn) (USA), and Actua Corporation (USA), amongst others.
CONTACT FOR MORE CUSTOMIZATION @ https://www.alltheresearch.com/customization/57
ABOUT ALLTHERESEARCH:
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that it’s not just sheer data-points, but the right analysis that creates a difference.
Contact Info:
Name: Rohit B.
Email: Send Email
Organization: AllTheResearch
Address: 39180 Liberty Street Suite 110, Fremont, CA 94538, USA
Phone: 8886916870
Website: https://www.alltheresearch.com
Release ID: 88921089