Cloud Storage Gateway Market Analysis, Share, Size and Forecast to 2020

Technavio Announces the Publication of its Research Report – Global Cloud Storage Gateway Market 2016-2020

Technavio recognizes the following companies as the key players in the global cloud storage gateway market: Amazon Web Service, CTERA Networks, EMC, Emulex, Emulex, NetApp,

Other Prominent Vendors in the market are: Agosto, Maldivica, and Nasuni.

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Commenting on the report, an analyst from Technavio’s team said: “Efficient disaster recovery and backup will be a key trend for market growth. The adoption of cloud-based storage services by enterprises is growing worldwide. Enterprises are also using cloud environments to host both applications and data, where gateway virtual appliances play a vital role in ensuring business continuity during disasters. Backup of data from local storage to cloud storage is also made simple and cost-effective using storage gateway appliances. In the recent years, the capabilities of storage gateway appliances have evolved from data duplication and compression, to snapshots and version control.
According to the report, one of the key drivers for market growth will be increasing need to archive data. The demand for data archiving facilities drives the growth of the market; this is primarily because of growing competitiveness in the business arena. Enterprises look to public cloud storage mediums to provide the most effective means of storing business data. Cloud-based storage is reliable and cost-effective. Storage appliances are being embedded with several features that aid in the effective archival and retrieval of data.
Further, the report states that data security concerns will be a challenge for the market. The increase in number and complexity of security risks associated with cloud-based storage is leading to an increase in number of security measures being incorporated into a business data...