The Cloud Video Storage Market is Predict to reach USD 35.6 Billion by 2031, at a CAGR of 17.5%

Cloud Video Storage Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cloud Video Storage Market size is expected to reach $35.6 billion by 2031, rising at a market growth of 17.5% CAGR during the forecast period.

The Public segment is leading the Global Cloud Video Storage Market by Deployment in 2023; thereby, achieving a market value of $18.4 billion by 2031. To safeguard data stored on their infrastructure, public cloud providers make substantial investments in security measures. This includes encryption, access controls, and regular security audits to ensure data remains secure. Moreover, public cloud storage is typically easy to set up and use, with providers offering user-friendly interfaces and tools for managing and accessing data.

The government segment is anticipating a CAGR of 18.4% during (2024 - 2031). Governments are under increasing pressure to be transparent and accountable to their citizens. Video content, such as government meetings and public hearings, can be stored in the cloud to ensure accessibility and transparency. Cloud video storage helps governments comply with regulations and demonstrate accountability to the public. Video surveillance is a critical aspect of public safety and security. Governments use video surveillance systems to monitor public spaces, borders, and critical infrastructure.

Full Report: https://www.kbvresearch.com/cloud-video-storage-market/

The North America region dominated the Global Cloud Video Storage Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12.4 billion by 2031. The Europe region is experiencing a CAGR of 17.1% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 18.3% during (2024 - 2031).

List of Key Companies Profiled

• Google LLC (Alphabet Inc.)
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Oracle Corporation
• Microsoft Corporation
• Dell Technologies, Inc.
• VMware, Inc. (Broadcom Inc.)
• IBM Corporation
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• Fujitsu Limited
• Alibaba Cloud (Alibaba Group Holding Limited)

Cloud Video Storage Market Report Segmentation

By Deployment

• Public
• Private
• Hybrid

By Application

• IT & Telecom
• Media & Entertainment
• Government
• Retail & Consumer Goods
• Energy & Utilities
• Manufacturing
• Healthcare & Lifesciences
• BFSI

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Cloud Video Storage Market Size & Share 2031

• April-2024
• 122 Pages

LAMEA Cloud Video Storage Market Size & Forecast to 2031

• April-2024
• 129 Pages

Europe Cloud Video Storage Market Size, Growth Report 2031

• April-2024
• 132 Pages

Asia Pacific Cloud Video Storage Market Size & Trend 2031

• April-2024
• 132 Pages