Global Cloud Storage Gateway Market was Valued at US$ XX Mn in 2018, Rising Need for

Data Encryption
Analyst Speak:

“The Global Cloud Storage Gateway Market was valued around US$ XX Mn by 2018 and growing at a
significant CAGR over next seven years 2019-2025 due to rising need for data encryption”

The global cloud storage gateway market accounted for US$ XX Mn in 2018 and burgeoning over the
forthcoming years. Some of the key factors influencing the market growth include rising need for data
encryption, increasing demand for cloud storage gateway in healthcare industry, continuous upsurge in
data, increasing number of wireless and mobile devices, availability for use on-demand and growing
adoption of physical and virtual cloud storage gateway appliances in various industries. However, data
security concerns and complexities in data handling are some major factors hindering the market growth.

Global cloud storage gateway market segmented on the basis of type, deployment model, organization size,
end user and region.

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Public Cloud dominate the Global Cloud Storage Gateway Market

Based on deployment model, global cloud storage gateway market segmented into public cloud, private
cloud and hybrid cloud. Public Cloud held considerable market growth during estimated period. A public
cloud is a pool of virtual resources developed from hardware owned and managed by a third-party company
that is automatically provisioned and allocated among multiple clients through a self-service interface. It’s
a straightforward way to scale out workloads that experience unexpected demand fluctuations.

Today’s public clouds aren’t usually deployed as a standalone infrastructure solution, but rather as part of
a heterogeneous mix of environments that leads to higher security and performance, lower cost and a wider
availability of infrastructure, services, and applications.

Asia Pacific Leads the Global Cloud Storage Gateway market

PBI’s global cloud storage gateway market report analyses the market in different regions such as North
America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.
Asia Pacific accounted for larger revenue share in global cloud storage gateway market with considerable
CAGR. The growth in this region can be attributed to several measures taken by governments to promote
data security across countries in the region. Currently companies want to run their business on cloud
infrastructure, which is more efficient, fast, reliable and flexible to adapt as compared to conventional
storage systems. Particularly in India, Japan and China there are a number of IT, Telecom, and
manufacturing companies which are looking for smooth accessible storage environment, thus expected to
drive the growth of CSG market in APAC. This region is expected to register highest CAGR growth for
the next five years.

Strategic Partnership are the key strategies adopted by market players

Global cloud storage gateway market further reveals that the key players increasingly adopting strategies
such as launch of newer products, frequent product approvals, and long term alliance to improve market
revenue share and gaining significant geographic presence across the region. For Instance, August 2019,
Amazon Web Services partnered with Weintek USA for its cloud-based data and application storage for
industrial operations. AWS deployed it Amazon S3 buckets which are specifically for cloud-based data
storage

Key player’s profiles in the report are Amazon Web Services, Riverbed Technology, CTERA Networks
Ltd, Cloud Gateway Co, Microsoft Corporation, Hewlett Packard Enterprise Development LP, NetApp Inc,
Dell EMC, Broadcom Ltd, Nasuni Corporation and Panzura Inc.

Precision Business Insights (PBI) in its report titled “Global Cloud Storage Gateway Market: Market
Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025”
assesses the market performance over seven years forecast period over 2019-2025. The report analyses the
market value forecast and provides the strategic insights into the market driving factors, challenges that are
hindering the market revenue growth over forecast period. Moreover, the report also includes the total
revenue and volume for the market.

Detailed Segmentation

By Type
o Virtual Cloud Storage Gateway Appliances
o Physical Cloud Storage Gateway Appliances

By Deployment Model
o Public Cloud
o Private Cloud
o Hybrid Cloud

By Organization Size
o Large Enterprise
o Small and Medium-Sized Enterprises (SMB)

By End User
o BFSI
o Manufacturing
o Healthcare and Life Sciences
o Retail and Consumer Goods
o Research and Education
o High Tech and Electronics
o Media and Entertainment
o Others

By Geography
o North America
 U.S
 Canada
o Europe
 Germany
 France
 U.K
 Italy
  Spain
 Russia
 Poland
 Rest of Europe
o Asia-Pacific
 Japan
 China
 India
 Australia & New Zealand
 ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and
Others)
 South Korea
 Rest of Asia-Pacific
o Latin America
 Brazil
 Mexico
 Argentina
 Rest of Latin America
o Middle East and Africa (MEA)
 Gulf Cooperation Council (GCC) Countries
 Israel
 South Africa
 Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-cloud-

storage-gateway-market/

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