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Pulished Date May, 2021
ID: 11584
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Cloud Storage Gateways Market Research Report – Segmentation By Type (Physical Cloud Storage Gateway and Virtual Cloud Storage Gateway Appliances), By Organization Size (Small & Medium-Sized Enterprises (SMEs) and Large Enterprises), By Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), and By Industry Verticals (BFSI, Government & Public Sector, Healthcare & Life Sciences, Telecommunications & IT, Manufacturing, Retail, Media & Entertainment, and Others): Global Forecast Period (2021–2026)

Pulished: May, 2021
ID: 11584
Pages: 150

Cloud Storage Gateways Market Size & Growth Analysis (2021 - 2026)

The cloud storage gateway market was valued at $ 2.27 billion in 2020 and is expected to reach USD 11.13 million by 2026, at a CAGR of around 25% over the forecast period 2021 - 2026. The growing deployment of cloud-based solutions rate in enterprises has been creating enormous opportunities for market players in the global cloud storage gateway market and will boost the global cloud storage gateway market growth over the forecast period (2021-2026).

Rising need for data encryption and the need to integrate cloud storage with legacy/local object storage, the cloud storage gateways have been becoming popular among the users. This results in the growing adoption of cloud storage gateway appliances (Virtual and Physical) among the various industries, which can be one of the driving factors for this market.

A cloud storage gateway is a software or hardware networking device which assists in providing connectivity and protocol translation services between the local customer application and the cloud storage service provider. Cloud storage gateway software is implemented on a local machine or application to facilitate data transfer between incompatible protocols, security, and compression services. This is designed to provide better interoperability among the different data protocols used in client server cloud architecture. Cloud storage gateways are generally implemented as software gateways and provide a range of services to facilitate the faster transfer, seamless data retrieval and transfer between the remote cloud storage servers, data compression for version management, control of entire storage snapshots, and run-time encryption, ensuring secure data transmission.

Drivers and Restraints

  • The key drivers contributing to the growth of the global cloud storage gateways market over the forecast period are the continuous rise in data, the rising need for data encryption, and the need to integrate cloud storage with legacy/local object storage.
  • The key restraining factors that hamper the growth of the global cloud storage gateways market over the forecast period are growing data security concerns and low WAN speed & latency in the remote. Business organizations are intended to deploy cloud storage solutions for better overall connectivity, agility, and scalability. Yet, they are concerned about the security aspect of the information as the transmission of data to the cloud is prone to security breaches and subsequent replication.

Recent Developments

  • Weintek USA and Amazon Web Services came into partnership in August 2019. This partnership helped Weintek USA with its cloud-based data and application storage and on-demand computational power and IT resources for industrial operations. AWS deployed Amazon S3 buckets specifically for cloud-based data storage.
  • Microsoft's started selling its product Azure Data Box Disk in Japan and Korea in April 2019. Data Box Disk is an SSD-disk-based option to transfer the data offline to Azure.

Market Segmentation

This global report on cloud storage gateways market is segmented and sub-segmented into the following categories:

Cloud Storage Gateways Market - By Type

  • Physical Cloud Storage Gateway Appliances
  • Virtual Cloud Storage Gateway Appliances

Cloud Storage Gateways Market - By Organization Size

  • Small & Medium-Sized Enterprises (SMEs)
  • Large Enterprises

 

The large enterprise size segment is expected to grow at a higher rate and expand due to the need for secure management and huge data storage. 

Cloud Storage Gateways Market - By Deployment

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Public cloud contributes the largest market share and is expected to continue its dominance in the global cloud storage gateway market. However, the hybrid cloud deployment model is estimated to grow at the highest CAGR. The public cloud deployment model is considered as a simple, efficient, and standardized model for a cloud-based solution which is adopted by business organizations working in and across a number of industries, including retail and consumer goods, Banking, Financial Services, and Insurance (BFSI), media and entertainment, high tech and electronics, manufacturing, healthcare, and life sciences, and research and education for high-end storage and computing applications.

Cloud Storage Gateways Market - By Industry Verticals

  • BFSI
  • Government & Public Sector
  • Healthcare & Life Sciences
  • Telecommunications & IT
  • Manufacturing
  • Retail
  • Media & Entertainment
  • Others

The BFSI industry is estimated to have the highest market share among all the verticals due to the growing need to securely manage and recover data stored on the cloud. The research and education industry is projected to grow at the highest rate. In order to provide smooth access to the files shared and stored in the cloud, the cloud storage gateways are being deployed in educational institutes because of the improved process. 

Regional Analysis

The regions covered in the global cloud storage gateways market are:

  1. North America
  2. Europe
  3. Asia-Pacific (APAC)
  4. Middle East and Africa (MEA)
  5. Latin America (LATAM)

North America is expected to hold the largest share in the global cloud storage gateways market during the forecast period due to the high penetration of cloud-based organizations in several countries. 

Asia Pacific market is expected to grow at the highest CAGR over the forecast period due to the increase in adoption of cloud-based storage solutions and the rise in demand for fast, secure, reliable, and easily accessible storage environment in various industries.

The cloud storage gateways market in Europe is expected to grow at a substantial rate. SMEs in Europe can be witnessed to register a higher inclination in the adoption of cloud-based services than the larger enterprises due to their budget constrictions. Cloud storage gateways are anticipated to play a crucial role in cloud accessibility irrespective of the cloud being public, private, or hybrid.

Key Market Players

The cloud storage gateway ecosystem comprises key market players, such as Amazon Web Services (U.S.), Agosto (U.S.), Maldivica Inc. (U.S.), Microsoft Corporation (U.S.), CTERA Network Corporation (New York), EMC Corporation (U.S.), Emulex Corporation (U.S.), Hewlett-Packard (U.S.), Nasuni (U.S.), and NetApp (U.S.).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Cloud Storgae Gateways Market, By Type                    

                                6.1.1 Physical Cloud Storage Gateway    

                                6.1.2 Virtual Cloud Storage Gateway Appliances               

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Cloud Storgae Gateways Market, By Organization Size                           

                                6.2.1 Small & Medium-Sized Enterprises (SMEs)               

                                6.2.2 Large Enterprises 

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

                6.3 Cloud Storgae Gateways Market, By Deployment                     

                                6.3.1 Public Cloud            

                                6.3.2 Private Cloud         

                                6.3.3 Hybrid Cloud          

                                6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.5 Y-o-Y Growth Rate Analysis             

                                6.3.6 Market Attractiveness Index          

                6.4 Cloud Storgae Gateways Market, By Industry Vertical                             

                                6.4.1 BFSI            

                                6.4.2 Government & Public Sector           

                                6.4.3 Healthcare & Life Sciences               

                                6.4.4 Telecommunications & IT 

                                6.4.5 Manufacturing      

                                6.4.6 Retail         

                                6.4.7 Media & Entertainment    

                                6.4.8 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.9 Y-o-Y Growth Rate Analysis             

                                6.4.10 Market Attractiveness Index        

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Organization Size            

                                7.2.4 By Deployment     

                                7.2.5 By Industry Vertical             

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Organization Size            

                                7.3.4 By Deployment     

                                7.3.5 By Industry Vertical             

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Organization Size            

                                7.4.4 By Deployment     

                                7.4.5 By Industry Vertical             

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Organization Size            

                                7.5.4 By Deployment     

                                7.5.5 By Industry Vertical             

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Organization Size            

                                7.6.4 By Deployment     

                                7.6.5 By Industry Vertical             

8. Key Player Analysis                                    

                8.1 Amazon Web Services (U.S.)                              

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Agosto (U.S.)                             

                8.3 Maldivica Inc. (U.S.)                

                8.4 Microsoft Corporation (U.S.)                              

                8.5 CTERA Network Corporation (New York)                       

                8.6 EMC Corporation (U.S.)                         

                8.7 Emulex Corporation (U.S.)                   

                8.8 Hewlett-Packard (U.S.)                         

                8.9 Nasuni (U.S.)                             

                8.10 NetApp (U.S.)                         

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Type, Organization Size, Deployment, Industry Vertical along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Cloud Storage Gateways Market By Region, From 2021-2026 ( USD Billion )
  2. Global Cloud Storage Gateways Market By Type, From 2021-2026 ( USD Billion )
  3. Global Physical Cloud Storage Gateway  Market By Region, From 2021-2026 ( USD Billion )
  4. Global Virtual Cloud Storage Gateway Appliances Market By Region, From 2021-2026 ( USD Billion )
  5. Global Cloud Storage Gateways Market By Organization Size , From 2021-2026 ( USD Billion )
  6. Global Small & Medium-Sized Enterprises (SMEs) Market By Region, From 2021-2026 ( USD Billion )
  7. Global Large Enterprises Market By Region, From 2021-2026 ( USD Billion )
  8. Global Cloud Storage Gateways Market By Deployment, From 2021-2026 ( USD Billion )
  9. Global Public Cloud Market By Region, From 2021-2026 ( USD Billion )
  10. Global Private Cloud Market By Region, From 2021-2026 ( USD Billion )
  11. Global Hybrid Cloud Market By Region, From 2021-2026 ( USD Billion )
  12. Global Cloud Storage Gateways Market By Industry Verticals , From 2021-2026 ( USD Billion )
  13. Global BFSI Market By Region, From 2021-2026 ( USD Billion )
  14. Global Government & Public Sector Market By Region, From 2021-2026 ( USD Billion )
  15. Global Healthcare & Life Sciences Market By Region, From 2021-2026 ( USD Billion )
  16. Global Telecommunications & IT Market By Region, From 2021-2026 ( USD Billion )
  17. Global Manufacturing Market By Region, From 2021-2026 ( USD Billion )
  18. Global Retail Market By Region, From 2021-2026 ( USD Billion )
  19. Global Media & Entertainment Market By Region, From 2021-2026 ( USD Billion )

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