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Object Storage Market Is Expected to See Growth Rate of 14.5% | Google, Qumulo, Huawei, IBM

Object storage is a modern storage technology concept, which can also define as “cloud object storage”. It describes as how to extend local infrastructure with cloud storage capacities and fulfilling a needs to manage hypergrowth to unlock data value on the demand of elasticity, as-a-service pricing, unlimited scale, and global reach. IBM Corporation the major player in the cloud object storage market, which makes storage practically limitless amounts of data, simply and cost-effectively. IBM’s on-premises cloud object storage has come on top in this industry. The cloud object storage market is segmented on the basis of service, cloud deployment, and application.

According to Market Analyst at AMA, the Global Object Storage market may see a growth rate of 14.5%.

Latest Research Study on Global Object Storage Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Object Storage Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Object Storage. This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are IBM Corporation (United States), Google (United States), Microsoft Corporation (United States), Dell EMC (United States), Hitachi Vantara HCP (Japan), Huawei (China), Qumulo (United States), Scality (United States), NetApp StorageGRID Webscale (United States), Scality Ring (United States) and Cloudian Hyperstore (United States).

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Market Drivers

  • Increasing Demand for Technologically Upgraded Services
  • Expansion of Professional and Managed Services
  • Increasing Awareness about Cost-Effective Cloud Services among Others


Market Trend

  • Denser and Cheaper Flash
  • AI And Machine Learning Storage Analytics
  • Multi-Cloud Data Management
  • Composable Infrastructure



  • Low Acquisition Cost Remains the Most Common Reason for Enterprises to Choose Object Storage in the On-Premises Data Center



  • Increasing the Breadth and Depth of Existing Solutions
  • Data Security and Privacy Concern

The Global Object Storage Market segments and Market Data Break Down are illuminated below:
by Type (Object Storage, File Storage, Block Storage), Application (Social media platforms, IT and telecommunications platforms, BFSI, Others), Services (Professional services, Managed services), Deployment (Public Cloud, Hybrid Cloud, Private Cloud)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Object Storage Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Object Storage market

Chapter 2: Exclusive Summary – the basic information of the Object Storage Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Object Storage

Chapter 4: Presenting the Object Storage Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019

Chapter 6: Evaluating the leading manufacturers of the Object Storage market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Object Storage Market is a valuable source of guidance for individuals and companies in their decision framework.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Object Storage Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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What benefits does AMA research studies provides?

  • Supporting company financial and cash flow planning
  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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