The Global Cloud Native Storage Market is valued at approximately USD 17.63 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 23.97% over the forecast period 2024-2032. The Cloud Native Storage Market encompasses the solutions, services, and technologies designed to address the unique requirements of modern applications built on containerized architectures, microservices, serverless computing, and other cloud-native paradigms. These storage systems are inherently scalable, highly available, and optimized for high performance in dynamic environments. Cloud native storage systems cater to various applications across different industry verticals, which support both stateful and stateless applications that require varying levels of data persistence, ranging from simple file serving to complex database management systems. Several factors are driving the growth of the cloud native storage market, including digital transformation initiatives, an increase in containerized workloads, a rise in multi-cloud deployments, and higher requirements for data security and compliance. Data migration complexities, skill gaps, and talent shortages create challenges for market growth. Along with these, security vulnerabilities and privacy risks associated with hosting sensitive data in third-party infrastructure are other factors that challenge the development of the cloud native storage market. However, innovation in AI-driven data management, along with developing solutions that help customers navigate complex regulatory landscapes, is enabling players to capitalize on the cloud native storage market's potential.
Services in cloud native storage are divided into three subcategories, including consulting, integration, and support & maintenance services, with each of these services catering to different aspects of an organization's cloud storage requirements. The consulting services are essential for businesses looking to transition towards cloud-native storage or optimize their existing cloud infrastructure, which entails assessing current systems and needs and providing strategic guidance on adopting best practices, choosing appropriate solutions, and planning for future growth. Integration & implementation services deliver end-to-end support throughout the implementation process, from installation and configuration to customization and integration with existing applications or third-party tools. Providers in this space ensure clients can seamlessly adopt cloud-native storage technologies without disrupting their operations or compromising performance. Integration & implementation services cover various aspects such as data migration planning, proof of concept development, platform setup/configuration, and API integrations. Training, support & maintenance services help to maximize return on investment (ROI) and ensure long-term success; businesses need ongoing assistance in managing and optimizing their cloud-native storage infrastructure. The training, support & maintenance segment addresses this need by providing comprehensive support services such as technical training for IT teams, 24x7 remote monitoring, troubleshooting, resolving issues or bugs, periodic system health checks/audits, software patches/updates rollouts, and security threat management.
The key regions considered for the Global Cloud Native Storage Market study include Asia Pacific, North America, Europe, Latin America, and Middle East and Africa . The North America has remained one of the major countries to hold a dominant share of the Cloud Native Storage Market due to its well-established IT infrastructure, early adoption of cloud technologies, higher spending on research & development activities, and presence of key players. Canada is also witnessing significant growth in this sector, driven by an expanding startup ecosystem and government initiatives supporting technological innovation. Moreover, Asia-Pacific is projected to registered fastest growth owing to rapid economic growth and an ever-increasing data generation from various sectors such as e-commerce, telecommunication, and government initiatives towards digital transformation. The increasing investments in IT infrastructure and the growing presence of global cloud service providers in the region drive the adoption of cloud native storage solutions. Additionally, increasing focus on data localization laws, particularly in countries such as China and India, further boost the demand for locally available storage solutions, providing a significant push to the overall market growth.
Major market players included in this report are:
- Accenture PLC
- Adobe Inc.
- Alibaba Cloud International by Alibaba Group Holding Limited
- Amazon Web Services, Inc.
- Arrikto Inc.
- Atos SE
- Cisco Systems, Inc.
- Cloudian Inc.
- DataCore Software Corporation
- Dell Technologies Inc.
- Diamanti, Inc.
- Fujitsu Limited
- Google LLC by Alphabet Inc.
- Hewlett Packard Enterprise Company
- Huawei Technologies Co., Ltd.
The detailed segments and sub-segment of the market are explained below:
By Component:
- Services
- Consulting
- Integration & Implementation
- Training, Support & Maintenance
- Solutions
- Block Storage
- File Storage
- Object Storage
By Organization Size:
By Deployment Type:
- Private Cloud
- Public Cloud
By Vertical:
- Banking, Financial Services, & Insurance
- Energy & Utilities
- Government
- Healthcare & Life Sciences
- IT & Telecommunication
- Manufacturing
- Media & Entertainment
- Retail & Consumer Goods
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Cloud Native Storage Market Executive Summary
- 1.1. Global Cloud Native Storage Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Organization Size
- 1.3.3. By Deployment Type
- 1.3.4. By Vertical
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Cloud Native Storage Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Cloud Native Storage Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Digital Transformation Initiatives
- 3.1.2. Increase in Containerized Workloads
- 3.1.3. Rise in Multi-Cloud Deployments
- 3.2. Market Challenges
- 3.2.1. Data Migration Complexities
- 3.2.2. Skill Gaps and Talent Shortages
- 3.3. Market Opportunities
- 3.3.1. Innovation in AI-Driven Data Management
- 3.3.2. Solutions for Complex Regulatory Landscapes
Chapter 4. Global Cloud Native Storage Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Cloud Native Storage Market Size & Forecasts by Component 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Cloud Native Storage Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Services
- 5.2.1.1. Consulting
- 5.2.1.2. Integration & Implementation
- 5.2.1.3. Training, Support & Maintenance
- 5.2.2. Solutions
- 5.2.2.1. Block Storage
- 5.2.2.2. File Storage
- 5.2.2.3. Object Storage
Chapter 6. Global Cloud Native Storage Market Size & Forecasts by Organization Size 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Cloud Native Storage Market: Organization Size Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Large Enterprises
- 6.2.2. SMEs
Chapter 7. Global Cloud Native Storage Market Size & Forecasts by Deployment Type 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Cloud Native Storage Market: Deployment Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Private Cloud
- 7.2.2. Public Cloud
Chapter 8. Global Cloud Native Storage Market Size & Forecasts by Vertical 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Cloud Native Storage Market: Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Banking, Financial Services, & Insurance
- 8.2.2. Energy & Utilities
- 8.2.3. Government
- 8.2.4. Healthcare & Life Sciences
- 8.2.5. IT & Telecommunication
- 8.2.6. Manufacturing
- 8.2.7. Media & Entertainment
- 8.2.8. Retail & Consumer Goods
Chapter 9. Global Cloud Native Storage Market Size & Forecasts by Region 2022-2032
- 9.1. North America Cloud Native Storage Market
- 9.1.1. U.S. Cloud Native Storage Market
- 9.1.1.1. Component breakdown size & forecasts, 2022-2032
- 9.1.1.2. Organization Size breakdown size & forecasts, 2022-2032
- 9.1.1.3. Deployment Type breakdown size & forecasts, 2022-2032
- 9.1.1.4. Vertical breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Cloud Native Storage Market
- 9.1.2.1. Component breakdown size & forecasts, 2022-2032
- 9.1.2.2. Organization Size breakdown size & forecasts, 2022-2032
- 9.1.2.3. Deployment Type breakdown size & forecasts, 2022-2032
- 9.1.2.4. Vertical breakdown size & forecasts, 2022-2032
- 9.2. Europe Cloud Native Storage Market
- 9.2.1. U.K. Cloud Native Storage Market
- 9.2.2. Germany Cloud Native Storage Market
- 9.2.3. France Cloud Native Storage Market
- 9.2.4. Spain Cloud Native Storage Market
- 9.2.5. Italy Cloud Native Storage Market
- 9.2.6. Rest of Europe Cloud Native Storage Market
- 9.3. Asia-Pacific Cloud Native Storage Market
- 9.3.1. China Cloud Native Storage Market
- 9.3.2. India Cloud Native Storage Market
- 9.3.3. Japan Cloud Native Storage Market
- 9.3.4. Australia Cloud Native Storage Market
- 9.3.5. South Korea Cloud Native Storage Market
- 9.3.6. Rest of Asia Pacific Cloud Native Storage Market
- 9.4. Latin America Cloud Native Storage Market
- 9.4.1. Brazil Cloud Native Storage Market
- 9.4.2. Mexico Cloud Native Storage Market
- 9.4.3. Rest of Latin America Cloud Native Storage Market
- 9.5. Middle East & Africa Cloud Native Storage Market
- 9.5.1. Saudi Arabia Cloud Native Storage Market
- 9.5.2. South Africa Cloud Native Storage Market
- 9.5.3. Rest of Middle East & Africa Cloud Native Storage Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Accenture PLC
- 10.1.2.
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Accenture PLC
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.3.2. Adobe Inc.
- 10.3. 3 Alibaba Cloud International by Alibaba Group Holding Limited
- 10.3.4 Amazon Web Services, Inc.
- 10.3.5 Arrikto Inc.
- 10.3.6 Atos SE
- 10.3.7. Cisco Systems, Inc.
- 10.3.8. Cloudian Inc.
- 10.3.9. DataCore Software Corporation
- 10.3.10. Dell Technologies Inc.
- 10.3.11. Diamanti, Inc.
- 10.3.12. Fujitsu Limited
- 10.3.13. Google LLC by Alphabet Inc.
- 10.3.14. Hewlett Packard Enterprise Company
- 10.3.15. Huawei Technologies Co., Ltd.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes