Nigeria Cloud Block Storage Market Size | 2019-2032

Nigeria Cloud Block Storage Market Analysis, Size, and Forecast by Storage Type, Deployment Model, Industry, Organization Size, Use Case, and Pricing Model: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: CCT15642  | Publication: August 2024  |  US$925  |  

Nigeria Cloud Block Storage Market Growth and Performance

Nigeria Cloud Block Storage Market


  • By 2032, revenue in the Nigeria cloud block storage market is expected to reach US$ 16.6 Million, with a forecasted Compound Annual Growth Rate (CAGR) of 21.5% from 2024 to 2032.
  • By storage type, the preeminent segment is expected to be solid state drive (SSD) block storage, with a market valuation of US$ 10.7 Million in 2032.
  • Among various end users in Nigeria, IT and Telecom sector was valued at US$ 541.3 Thousand in 2023.
  • Further, it's projected that 20.1% of the total revenue in the Nigeria cloud block storage market will be attributed to IT and Telecom end user by 2032.

Nigeria 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

 

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