The analysts forecast the global cloud storage gateway market to grow at a CAGR of 41.05% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Efficient disaster recovery and backup will be a key trend for market growth. The adoption of cloud-based storage services by enterprises is growing worldwide. Enterprises are also using cloud environments to host both applications and data, where gateway virtual appliances play a vital role in ensuring business continuity during disasters. Backup of data from local storage to cloud storage is also made simple and cost-effective using storage gateway appliances. In the recent years, the capabilities of storage gateway appliances have evolved from data duplication and compression, to snapshots and version control.
According to the report, one of the key drivers for market growth will be increasing need to archive data. The demand for data archiving facilities drives the growth of the market; this is primarily because of growing competitiveness in the business arena. Enterprises look to public cloud storage mediums to provide the most effective means of storing business data. Cloud-based storage is reliable and cost-effective. Storage appliances are being embedded with several features that aid in the effective archival and retrieval of data.
Further, the report states that data security concerns will be a challenge for the market.
- Amazon Web Service
- CTERA Networks
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/3bst28/global_cloud
Related Topics: Cloud Computing and Storage
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SOURCE Research and Markets