DALLAS, April 29, 2015 /PRNewswire/ --
According to a new market research report "Cloud Storage Gateway Market by Type (Virtual Cloud Storage Gateway Appliances, Physical Cloud Storage Gateway Appliances) - Worldwide Forecast and Analysis (2015 - 2020)", published by MarketsandMarkets, Cloud Storage Gateway Market is expected to grow from $909.2 Million to $3579.2 Million by 2020 with a CAGR of 31.5% for the forecast period.
Browse 66 market data Tables and 42 Figures spread through 138 Pages and in-depth TOC on "Cloud Storage Gateway Market"
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This research report also identifies the factors driving this market, various restraints, challenges, and opportunities impacting it along with the future roadmaps. Additionally, the report emphasizes on key adoption trends, evolution of cloud computing, attractive market opportunities, and business cases in this innovative market. MarketsandMarkets expects a significant growth trend of cloud storage gateway solutions in various industries as there is a massive rise in the demand of the solutions required to manage the huge volume of data along with better recovery and backup solutions.
The Cloud Storage Gateway Market is broadly segmented by type: virtual storage gateway appliances, physical storage gateway appliances ; by type of deployment model: Public cloud, Private Cloud, Hybrid Cloud; by type of organization : Small and Medium-Sized Business (SMB), and Large enterprises; by industry verticals: banking, financial services and insurance (BFSI), manufacturing, healthcare and life sciences, retail and consumer goods, research and education, high tech and electronics, media and entertainment and by region: North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), and Middle East and Africa (MEA).
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There are a few assumptions that have been taken into consideration for market sizing and forecasting exercise of the Cloud Storage Gateway Market. These global assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rate of impact on this market. Thus, the dollar fluctuations are also assumed to not affect the market forecast to a significant extent. Also, market size for hardware-related tools and equipment used in the cloud storage market is not taken into consideration while the overall sizing of the Cloud Storage Gateway Market.
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