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Cloud Storage Market growing at CAGR of 40.2% to reach $46.8 Billion by 2018 - New Report by MarketsandMarkets
Date:12/15/2012

(PRWEB) December 15, 2012

According to a new market research report “Cloud Storage Market (Incl. Cloud Storage Gateways, Backup & Recovery, Data Movement & Access, Data Replication, Hsm & Archiving, Security And Storage Resource Management Solutions) - Worldwide Forecasts & Analysis (2012 - 2018)” published by MarketsandMarkets (http://www.marketsandmarkets.com), the total Cloud Storage market is expected to reach $46.8 billion by 2018 with a CAGR of 40.2%.

Browse 130+ market data tables/figures spread through 211 pages and in-depth TOC on “Cloud Storage Market (Incl. Cloud Storage Gateways, Backup & Recovery, Data Movement & Access, Data Replication, Hsm & Archiving, Security And Storage Resource Management Solutions) - Worldwide Forecasts & Analysis (2012 - 2018)”.

http://www.marketsandmarkets.com/Market-Reports/cloud-storage-market-902.html

Early buyers will receive 10% customization of reports.

The emergence of the digital trend has accelerated the volume, speed and variety of unstructured data generated, commonly known as Big Data. But, with the amount of data expanding, organizations face the challenge of storing the data securely and at a low infrastructure cost. This will force enterprises to migrate limitless amount of data and solutions to the virtual environment or cloud storage and without being required to spend too much on infrastructure. The cloud storage market will continue expanding in the coming years and largely due to the growth of Big Data, and the adoption is not forecast to slow down any time sooner and is expected to experience a steady growth rate.

Most of the SMBs are rapidly adopting gateway tools to integrate cloud storage into their
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