Albany, NY (PRWEB) February 27, 2015
According to the market study titled, “Global STaaS Market 2015-2019”, the STaaS industry is likely to develop at an exceptional compound annual growth rate of 37.96% from the year 2014 to 2019.
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The research report provides information about the market trends prevailing in the industry, factors driving the growth, and issues negatively impacting the STaaS market across the globe.
Storage-as-a-service, or STaaS, is a business model wherein the service provider provides its storage infrastructure on lease to a venture to store its business data and records after creating an SLA with them. This data can be archive data or it can be the actual backup. STaaS is one service amongst many cloud storage services that is currently being used by several enterprises globally.
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SMEs take significant advantage of these service offerings. STaaS cuts down the cost incurred by companies for storing data. It also enhances competence and availability with improved disaster recovery facilities, and provides accessibility and automation. The stored data can be accessed through the internet using wired or wireless devices. Companies can reduce their expenditure on infrastructure by using STaaS service offered by many reputed suppliers.
The global STaaS market can be categorized into platform-attached and stand-alone storage, cloud archiving, and cloud backup segments. At present, enterprises are focusing more on cloud-based storage media of STaaS as it is a more lucrative and consistently performing segment. Models based on subscriptions in cloud-based storage market are also popular as they make sure that enterprises pay only for the storage they utilize. This research report also emphasizes third-party service providers in the STaaS market who offer improved disaster recovery mechanisms, in order to make data recovery process smoother in the aftermath of any disaster.
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The estimated size of the STaaS market by the end of 2019 is discussed in the report based on the past performance, current condition, and the future prospects of the STaaS market. The development rate of the STaaS market, key players, threats and opportunities, and strengths and weaknesses of major operators are also talked about in detail in this market study.
This research report also includes company reviews of chief players of the STaaS industry. Microsoft, Google, International Business Machines Corporation (IBM), Hewlett-Packard (HP), ATT, and Amazon are some of the major companies participating in the global STaaS market.
Other players include Verizon Communications (Terremark), PEER 1 Hosting, Arsys, Nasuni, Joyent, CenturyLink, iomart Group, Rackspace, NaviSite, Iron Mountain, CSC, Quantum, Cloudian, Swisscom, Egnyte, Zetta.net, and Nippon Telegraph and Telephone.
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