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Storage as a Service Market (STaaS) to see 37% CAGR to 2019


News provided by

ReportsnReports

12 Feb, 2015, 11:30 GMT

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DALLAS, February 12, 2015 /PRNewswire/ --

ReportsnReports.com adds Global STaaS Market 2015-2019 research report on storage-as-a-service market that says growing need for data backup & archiving services will help global STaaS industry grow through 2019.

A growing need for data backup and archiving services worldwide is impacting the Global Storage as a Service (STaaS) Market, which is expected to post a CAGR of 37.96% from 2014-2019. Data volumes worldwide have seen an exponential increase in the past decade. Historical data play a critical role in shaping the decision making process of enterprises and these companies are looking for solutions to backup and archive their data. Complete research is available at http://www.reportsnreports.com/reports/344259-global-staas-market-2015-2019.html .

The Global Storage-as-a-Service market can be classified into stand-alone and platform-attached storage, cloud backup, and cloud archiving. The report covers the present scenario and the growth prospects of the Global Storage-as-a-Service market for the period 2015-2019. Organizations are shifting their focus towards cloud-based storage media, as it is more reliable and cost-effective. Subscription-based models of cloud-based storage are also getting popular, as they ensure enterprises pay only for the storage used. This research also highlights third-party service providers who are offering enhanced disaster recovery mechanisms, in order to facilitate data recovery in the aftermath of a disaster.

In the event of a disaster, enterprises risk massive data losses. To combat this, many are increasingly focused on adopting disaster recovery-as-a-service to handle the aftermath of disasters effectively. The DRaaS solution is also flexible enough to accommodate frequent changes in business requirements. The Global Storage-as-a-Service Market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the Global Storage-as-a-Service market. The report includes a discussion of the key vendors operating in this market.

Companies like Amazon, AT&T, Google, Hewlett-Packard (HP), International Business Machines Corporation (IBM), Microsoft, Arsys, CenturyLink, Cloudian, CSC, Egnyte, iomart Group, Iron Mountain, Joyent, Nasuni, NaviSite, Nippon Telegraph and Telephone, PEER 1 Hosting, Quantum, Rackspace, Swisscom, Verizon Communications (Terremark) and Zetta.net are discussed in this research on STaaS market. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=344259 .

The global enterprise storage market is forecast to grow at 15% CAGR during 2015-2019. The Global Enterprise Storage market can be classified into the following segments based on storage systems: SAN, NAS, DAS, and Others. Enterprise storage is a repository where business information is stored for a period of time depending upon the business needs. Enterprise users can fetch these data and share them among one another through interconnected networks or online. Enterprise storage comprises SSD and HDD devices that are commonly used in SAN, NAS, and DAS systems environment. Data that are stored can also be used in case of any failure as a disaster recovery solution. Compared to traditional storage, enterprise storage is highly reliable, fault-tolerant, and scalable storage option, which is mostly suitable for enterprises handling huge amount of data. Companies like Dell, Emc², Hewlett-Packard, IBM, NetApp, Fujitsu, Oracle, Pure Storage, SanDisk's, Seagate, Western Digital and XIO Technologies are discussed in this report available at http://www.reportsnreports.com/reports/330825-global-enterprise-storage-market-2015-2019.html .

The Cloud Storage Gateway market in the US is set to grow at a CAGR of 54.37% over the period 2015-2019. The Cloud Storage Gateway market in the US can be segmented based on the following criteria: architectural models and end-users. Cloud storage gateway is a hybrid appliance that combines local storage, data protection functionality, and cloud storage to form a collaborative package as a cost-effective solution. Cloud storage gateway provides an efficient solution for establishing compatibility between different protocols used by cloud service providers and enterprises. This gateway translates different protocols to provide seamless connectivity between a local system and cloud storage. Cloud storage gateway is necessary to ensure that the data stored in a cloud storage infrastructure follow a common protocol and are optimized according to established standards. This gateway also facilitates the efficient management of network traffic and storage space across a network. Companies like Amazon, CTERA Networks, EMC, Emulex, F5 Networks, Microsoft, NetApp, Agosto, DataCore Software, Egnyte, Maldivica, Nasuni and Panzura are discussed in the research available at http://www.reportsnreports.com/reports/330831-cloud-storage-gateway-csg-market-in-the-us-2015-2019.html .

Explore more reports by Infiniti Research / Technavio on the IT & Telecommunication markets at http://www.reportsnreports.com/market-research/information-technology/ .

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