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US Cloud Block Storage Market Size | 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: CCT15604  | Publication: July 2024  |  US$545  |  

US Cloud Block Storage Market Growth and Performance

US Cloud Block Storage Market

  • In 2023, the US cloud block storage market size represented US$ 5.82 Billion, grew by 17.8% compared to previous year.
  • This market is projected to register a compound annual growth rate (CAGR) of 15.8% from 2024 to 2032, resulting in a forecasted market value of US$ 22.82 Billion by the end of 2032.
  • When compared at a segmental level, in the US, solid state drive (SSD) block storage segment generated the highest revenue in 2023.
  • In the US cloud block storage market, the largest end user sector will be BFSI, with a projected market value of US$ 4.67 Billion by 2032.

US 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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