Cloud Storage Market is projected to reach USD 152 billion by 2027, increasing at 22.3% CAGR
Gmi Research04 Aug, 2022Technology
The factors driving the growth of Cloud Storage Market includes increasing application of cloud in end-use industries such as BFSI and Healthcare, rise in the volume of unstructured data and growing influence of social media platforms around the world. According to the report published by LXA, Learning Experience Alliance, the volume of unstructured data is expected to increase from 33 zettabytes in 2019 to 175 zettabytes by the end of 2025, which will boost the Cloud Storage Market Growth.
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