Revolutionizing Storage: Cloud Industry Projected at $234.9 Billion by 2028

Jakson25820 Dec, 2024Technology

The Cloud Storage Market size is expected to grow from USD 99.2 billion in 2023 to USD 234.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period, according to a new report by MarketsandMarkets™. Enhanced data resilience, accessibility, collaboration, seamless integration between solutions offered by key Cloud Storage vendors, cloud ecosystem maturity, and transition towards OpEx models are a few fundamental driving forces to leverage Cloud Storage adoption across verticals and regions.

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