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Lucintel Forecasts The Cloud Storage Market In United States To Reach $247 Billion By 2031
According to a market report by Lucintel, the future of the cloud storage market in United States looks promising with opportunities in the primary storage, backup and disaster recovery, and archiving markets. The cloud storage market in United States is expected to reach an estimated $247 billion by 2031 with a CAGR of 17.9% from 2025 to 2031. The major drivers for this market are the growing demand for AI technology infusion and video analytics, increasing usage of a variety of cutting-edge technologies, including enhanced camera systems, remote sensing, and artificial intelligence (AI), and the employment of analytics-driven platforms, which are assisting businesses in generating vast amounts of data.
A more than 150-page report to understand trends, opportunity and forecast in cloud storage market in United States to 2031 by component (solutions and services), deployment type (public and private cloud), application (primary storage, backup & disaster recovery, and archiving), and end use (BFSI, IT & ITeS, telecommunications, healthcare and life sciences, media and entertainment, consumer goods and retail, manufacturing, ...
... government & public sector, and others).
Download sample by clicking on cloud storage market in United States.
Lucintel forecasts that, within the end use category, the government and public sector will remain the largest segment over the forecast period due to the adoption of digital technologies to improve service delivery.
Within the application category, backup and disaster recovery will remain the highest growing segment over the forecast period due to protect enterprise application data during disasters.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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