Storage Software Market worth $23.33 Billion by 2019

According to a new market research report “Storage Software Market by Software (Storage Replication, Archiving, Software Defined Storage, and Others), End User, Deployment Type, Industry (Government, BFSI, and Others) and Geography – Global Forecast to 2019”, published by MarketsandMarkets, defines the global storage software market based on various software, end user, deployment type, industry vertical with an in-depth analysis and market size forecast. The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends.

Browse 48 market data tables and 54 figures spread through 136 pages and in-depth TOC on “Storage Software Market– Global Forecast to 2019 ”

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 The fast growing storage data volume, particularly growth of unstructured data is expected to be a major driver for increasing demand of storage solutions. Further driving force would be the significant cost reduction, and growing demand for storage virtualization. Storage solution vendors provides storage portfolio for both SMBs and enterprises to resolve such issues- ranging from disk storage and backup systems up to data protection appliances.

This report analyzes the expected market size for the various solutions and services involved in the storage software market. The report consist of the opportunity analysis of various technologies involved such as data protection and recovery, storage and device management, storage replication, archiving, storage virtualization, software defined storage, and storage infrastructure software.

MarketsandMarkets broadly segments the global storage software market by region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by software: data protection and recovery, storage and device management, storage replication, archiving, storage virtualization, software defined storage, and storage infrastructure software; by end user – SMBs and Enterprises; by deployment type: on-premises and cloud; by industry vertical: telecom & IT, government, BFSI, healthcare, manufacturing, and retail.

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 MarketsandMarkets forecasts the global storage software market to grow from $15.11 billion in 2014 to $23.33 billion by 2019, at a CAGR of 9.1% during the forecast period.

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