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BRICS Cloud Block Storage Market Size | 2019-2032

BRICS Cloud Block Storage Market Size and Forecast by Storage Type, Deployment Model, Industry, Organization Size, Use Case, Access Protocol, Performance Tier, Pricing Model, and Country: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: CCT15595  | Publication: July 2024  |  US$925  |  

BRICS Cloud Block Storage Market Growth and Performance

BRICS Cloud Block Storage Market

  • The cloud block storage market size in MEA increased to US$ 1.61 Billion in 2023, with a year-on-year growth rate of 27.1%.
  • By the end of 2032, the BRICS cloud block storage market is on track to achieve US$ 8.49 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 19.5% throughout the forecast period.
  • The solid state drive (SSD) block storage segment is estimated to hold the largest market share of 60.0% and be valued at US$ 5.09 Billion in 2032.
  • In 2032, 51.1% of the total spending in the BRICS cloud block storage market is forecasted to come from China.

BRICS Block Storage Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Storage Type

Solid State Drive (SSD) Block Storage

Hard Disk Drive (HDD) Block Storage

Hybrid Block Storage (Combination of SSD and HDD)

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

Use Case

 Database Storage

 Virtual Machine Storage

 Enterprise Applications

 Big Data Analytics

 Backup and Recovery

 Content Management

 File Storage

 Transactional Workloads

Access Protocol

 iSCSI (Internet Small Computer Systems Interface)

 Fibre Channel

 SAS (Serial Attached SCSI)

 NVMe over Fabrics

Performance Tier

 High-Performance Block Storage

 Standard Performance Block Storage

 Low-Cost Block Storage

Pricing Model

 Pay-As-You-Go

 Reserved Storage

 Subscription-Based Storage

 

BRICS Cloud Block Storage Industry: Regional Coverage

 

Countries

BRICS

Brazil

Russia

India

China

South Africa

 

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