Research and Markets: Global STaaS (Storage-as-a-Service) Market 2015-2019 with Amazon, AT&T, Google, Hewlett-Packard, IBM & Microsoft Dominating

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/sl3ffc/global_staas) has announced the addition of the "Global STaaS Market 2015-2019" report to their offering.

The Global Storage-as-a-Service market to grow at a CAGR of 37.96% over the period 2015-2019

The report covers the present scenario and the growth prospects of the Global Storage-as-a-Service market for the period 2015-2019. The Global Storage-as-a-Service market can be classified into stand-alone and platform-attached storage, cloud backup, and cloud archiving.

Disaster recovery as a service is a key trend being witnessed in this market. This solution enables fast recovery of enterprise data in case of a disaster at the third-party vendor's location and, therefore, enables continuity in business operations. The presence of effective recovery mechanisms is an essential requirement that determines the choice of a STaaS provider.

According to the report, the need for data backup and archiving services has increased worldwide because of an exponential growth in data volumes. Enterprises refer to their historical data to make well informed business decisions and predict future growth patterns. Storing these historical data in an on-premise IT setup is expensive for enterprises and STaaS enables the storage of enterprise data in a cloud and in an archived format.

Further, the report states that concerns about the security of data stored in a cloud have increased. Cloud computing technologies have evolved over the years and so have the encryption and decryption mechanisms used while storing enterprise data .Data security concerns among enterprises are also attributed to an increase in third-party storage of enterprise data.

The report includes a discussion of the key vendors operating in this market.

Key Vendors

• Amazon
• AT&T
• Google
• Hewlett-Packard (HP)
• International Business Machines Corporation (IBM)
• Microsoft

Other Prominent Vendors

• Arsys
• CenturyLink
• Cloudian
• CSC
• Egnyte
• iomart Group
• Iron Mountain
• Joyent
• Nasuni
• NaviSite
• Nippon Telegraph and Telephone
• PEER 1 Hosting
• Quantum
• Rackspace
• Swisscom
• Verizon Communications (Terremark)
• Zetta.net

For more information visit http://www.researchandmarkets.com/research/sl3ffc/global_staas