Cloud Storage Gateway Market | Global Opportunity Analysis and Industry Forecast, 2023-2030 | Top Players such as – AWS, Ctera Networks and Dell

The ever-increasing volume of data on digital networks among government agencies and private enterprises encourage adoption of cloud storage, which drives the Cloud Storage Gateways Market. Gateway providers normally reduce data redundancy and surge compression capabilities to utilize bandwidth resourcefully and mobilize data, cutting down Capex and Opex cost of organizations, which drives the cloud storage gateways market growth. Reduced digital footprint for low service cost boosts demand for cloud storage gateways.

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A cloud storage gateway is a software or hardware networking device that provides connectivity and protocol translation services between a cloud storage service provider and local customer application. It is a software implemented on a local machine or application to facilitate data transfer between incompatible protocols, security, and compression services. A cloud storage gateway is designed to provide better interoperability between different data protocols used in a client/server cloud architecture. Generally, cloud storage gateways are implemented as software gateways provide a suite of services to facilitate seamless data transfer and retrieval between remote cloud storage servers, data compression for faster transfer, version management, and control of entire storage snapshots and run-time encryption, which ensures secure data transmission.

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Based on the region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Some of key market players in the cloud storage gateways market include are Agosto, Inc., Amazon Web Services Inc., Ctera Networks Inc., Dell Inc., Emulex Corporation, Hewlett Packard Enterprise, Maldivica Inc., Microsoft Corporation, NetApp Inc., Oracle Corporation.

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COVID-19 Scenario Analysis:
  • During the COVID-19, companies have shifted to work from home for their operations. Partnering with Amazon Web Services, Microsoft Azure, Google Cloud Platform and Alibaba, Cloud 3i Infotech launched remote worker as a service. This VPN-as-a-service facilitates remote working by hosting any on-premise server or application encouraging, organizations to move to cloud with ease, adopt BYOD, and mobility in a hybrid IT environment.
  • Tech Mahindra is partnering with IBM to help clients migrate core business applications to IBM public cloud using IBM cloud packs.
  • It is expected that by the end of the year 2020, 83% of companies would be using cloud platforms and among these, 41% prefer to use public cloud platforms. 

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Similar Report: 

  1.  Cloud Storage Market 

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