Cloud Storage Gateway Market Opportunities, Business Forecast To 2028
December 7, 2022 ⚊ 1 Min read ⚊ Views 58 ⚊ BUSINESS
Cloud Storage Gateway Market size valued USD 2242.62 million in 2021 and expected to reach USD 11,015.32 million by 2028, at a CAGR of 24.8% during the forecast period 2022-2028. Some of the key factors influencing the growth include rising need for data encryption, increasing demand for cloud storage gateway in healthcare industry, continuous upsurge in data, increasing number of wireless and mobile devices, availability for use on-demand and growing adoption of physical and virtual cloud storage gateway appliances in various industries. However, data security concerns and complexities in data handling are some major factors hindering the market growth.
Tags: Cloud Storage Gateway Market
