The Business Research Company’s Cloud Storage Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cloud Storage Global Market Report 2023 evaluates cloud storage market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global cloud storage market size grew from $83.55 billion in 2022 to $100.2 billion in 2023 at a compound annual growth rate (CAGR) of 19.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud storage market size is expected to grow to $206.61 billion in 2027 at a CAGR of 19.8%.

The cloud storage market segments in the report are:

1) Cloud Storage Market By Type: Object Storage, File Storage, Block Storage

2) Cloud Storage Market By Component: Storage Model, Services

3) Cloud Storage Market By Mode: Private Cloud, Public Cloud, Hybrid Cloud

4) Cloud Storage Market By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs)

5) Cloud Storage Market By Vertical: BFSI, IT and Telecommunication, Government and Public Sector, Manufacturing, Healthcare and Life Science, Retail and Consumer Goods, Media and Entertainment, Other Verticals (Energy & Utilities, Chemical, Travel & Hospitality)


North America was the largest region in the cloud storage market in 2022.

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The table of contents in TBRC’s cloud storage market report includes:

1. Executive Summary

2. Cloud Storage Market Characteristics

3. Cloud Storage Market Trends And Strategies

4. Cloud Storage Market - Macro Economic Scenario

5. Cloud Storage Market Size And Growth

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26. Africa Cloud Storage Market

27. Cloud Storage Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Cloud Storage Market

29. Cloud Storage Market Future Outlook and Potential Analysis

30. Appendix


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