Global Archival Data Storage market cagr 20.00%

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Archival Data Storage Market

Archival Data Storage Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Archival Data Storage Market Size and Growth

The Archival Data Storage market is experiencing robust growth due to increasing data volumes and compliance requirements. The market size is projected to reach approximately $12 billion by 2027, driven by advancements in cloud storage solutions and the demand for secure, long-term data retention strategies across various industries. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Google, LLC

◍ IBM Corporation

◍ Oracle Corporation

◍ Microsoft

◍ Amazon Web Services (AWS)

◍ Cohesity, Inc.

◍ SolarWinds MSP

◍ StoneFly

◍ HUAWEI

◍ Alibaba

◍ Tencent

◍ Baidu

The archival data storage market is competitive, featuring companies like Google, IBM, Oracle, Microsoft, AWS, Cohesity, and HUAWEI. These firms innovate storage solutions, enhancing scalability and security. By providing cloud-based services and integrated platforms, they expand market growth. Revenue examples include:

- AWS: $80 billion (2022)

- IBM: $60 billion (2022)

- Oracle: $40 billion (2022)

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Market Segmentation

By Application

BFSI ◍ Entertainment ◍ Education ◍ Healthcare ◍ IT & Telecommunication ◍ Military & Defense ◍ Others

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By Product

On-premise

Cloud-based

$ 43.01 Billion

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