Global Cloud File Storage Market Size | 2019-2032

Global Cloud File Storage Market Size and Forecast by Storage Type, Deployment Model, Industry, Organization Size, Use Case, Performance Tier, Pricing Model, Access Protocol, and Region: Statistics | 2019-2032

Report Format:     | Pages: 400+
Type: Niche Industry Monitor | ID: CCT15748  | Publication: Aug 2024  |  US$2,945  |  

Global File Storage Market Growth and Performance


  • In 2023, the global cloud file storage market size reached US$ 28.19 Billion, witnessing a YoY growth of 16.9%.
  • The market is projected to experience a significant upsurge in market revenue, reaching US$ 83.81 Billion by the end of 2032.
  • In terms of growth, the global cloud file storage market is anticipated to expand at a CAGR of 12.6% between 2024 and 2032.
  • The cloud file storage segment is projected to experience a significant upsurge in market revenue, reaching US$ 26.45 Billion by the end of 2032.
  • The cloud file storage market is expected to witness an absolute dollar opportunity of US$ 55.63 Billion between 2024 and 2032.
  • Among the diverse regions within this market, North America cloud file storage market took the lead, reaching a market value of US$ 14.81 Billion in 2023.
  • The fastest growing market among regions is Latin America, experiencing a CAGR of 20.3% between 2024 and 2032.
  • While all the leading countries are still important, US ruled as the leading market in the global cloud file storage industry in 2023.
  • Among the diverse end users, IT and telecom was the largest end-user vertical in terms of spending in the market in 2023.
  • The global cloud file storage market growth is mainly driven by rising adoption of digital technologies and cost optimization efforts.

Global File 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

 Network Attached Storage (NAS)

 Direct Attached Storage (DAS)

 Software-Defined Storage (SDS)

 Cloud File Storage

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

 Content Management

 Big Data Analytics

 Backup and Recovery

 Archiving

 Virtual Machine File Storage

 Media and Entertainment Storage

 Home Directories and User Profiles

Performance Tier

High-Performance File Storage

Standard Performance File Storage

Economical/Archival File Storage

Pricing Model

Pay-As-You-Go

Subscription-Based Storage

Reserved Storage

Access Protocol

NFS (Network File System)

SMB/CIFS (Server Message Block/Common Internet File System)

AFP (Apple Filing Protocol)

FTP (File Transfer Protocol)

Companies Covered

Amazon Web Services, Microsoft, Google, IBM, Alibaba Cloud, Oracle, Hewlett Packard, Rackspace, Dell EMC

 

Cloud File Storage Industry: Regional Coverage

 

Regional Scope

North America

US

Canada

Mexico

Western Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Asia Pacific

Japan

Australia

China

South Korea

India

Malaysia

Hong Kong

Indonesia

New Zealand

Rest of Asia Pacific

Thailand

Vietnam

Philippines

Taiwan

Singapore

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

MEA

Israel

South Africa

Saudi Arabia

United Arab Emirates

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

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