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The global cloud storage market is expected to grow at a CAGR of around 29% from 2017 to 2025. The storage solutions are evolving at a steady pace as numerous players such as Amazon, IBM, and others have penetrated the market with advanced solutions for storing data cost-effectively. Cloud storage is one such model of storing data wherein digital data is saved in logical pools and multiple servers and is typically managed by a hosting company. Cloud storage services can be accessed via a co-located cloud computer service, a web service API, or by the applications utilizing the API, such as web-based content management systems. Based on deployment model, the global cloud storage market is divided into public, private, and hybrid cloud. According to solution type, it is categorized into primary storage, disaster recovery & backup storage, cloud storage gateway, and data archiving. By service type, it is classified into training & consulting, cloud integration & mitigation, support & maintenance, and managed services. The industry vertical segment is divided into BFSI, retail & consumer goods, government, educational institutions, healthcare, IT & telecom, and others (manufacturing, media & entertainment). Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Understanding the difference amongst a Public or private and hybrid cloud infrastructure can be problematic, and it is possible that this trial in understanding has led numerous businesses to avoid executing Cloud infrastructure in total.