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The global cloud native storage market is projected to register a CAGR of 23.3% during the forecast period, reaching USD 45.8 billion by 2028 from an estimated USD 16.0 billion in 2023. Major factors to boost the market growth include increased data volumes across enterprises, ease of switching from on-premises to cloud native storage, and increased automation in application updates.

Top Cloud Native Storage Companies include

• Microsoft (US)
• IBM (US)
• Google (US)
• AWS (US)
• Alibaba Cloud (China) and many more....

These companies represent the forefront of cloud native storage solutions, providing robust, scalable, and secure options for businesses looking to leverage Kubernetes and other cloud native technologies. Each of these platforms offers unique features and capabilities, catering to different needs and use cases in the rapidly evolving landscape of cloud native storage. .

To know about the assumptions considered for the study download the pdf brochure

Google

In the cloud native storage market, Google offers cloud storage products, such as Cloud Storage, a globally unified, scalable, and durable object storage solution; Local SSD, local SSD storage for Virtual Machine (VM) instances; Persistent Disk, high-performance block storage for VM instances; and Filestore, a fully managed file storage. Its cloud storage products enable organizations to store and access data from the Google Cloud at curated rates. The company is in the US, the UK, and the Rest of the World (RoW). Google caters to a large customer base spread across the globe through a global network of service providers, distributors, and cloud resellers. Google has increasingly invested in security, infrastructure, analytics, data management, and AI over the past years. The company is an established player and a globally recognized vendor for offering cloud storage solutions to leading enterprises across the globe. The company enhances its offerings with features, including modern development environments, data migration, and ML tools to provide enterprise-ready cloud services.

Microsoft

Microsoft is a prominent player in the cloud native storage market. The company concentrates on innovations, solution integrations, and technology partnerships to maintain its leadership position in the global competitive market. The company delivers a delightful experience to its customers and partners using various products, services, and support offerings. The company offers a variety of advanced solutions for object, file, and block storage, along with offering NOSQL cloud storage offerings for storing structured data. It follows the strategy of developing a complete portfolio by conducting R&D at a global level.

IBM

IBM has long been a leader in the cloud market. To cater to the cloud native storage market, the company offers products, including IBM Cloud Object Storage and Spectrum Fusion HCI. The IBM Cloud Object Storage is cost-effective and scalable cloud storage for unstructured data. It supports exponential data growth for their cloud-native workloads with cost optimization, robust data security, and data governance with ease of use. Its built-in data lifecycle operations make observing and managing critical workloads easy. Moreover, the company offers cloud native storage software and solutions through its subsidiary, Red Hat. Red Hat is one of the top players in the cloud native storage market. The company provides an OpenShift Container Platform that supports important features such as all basic storage classes, S3-compatible object storage, data replication, and disaster recovery capabilities, allowing application data to be placed across different availability zones. The company offers its solutions to major banking, insurance, legal, and government businesses.

AWS

Amazon Web Services (AWS) is the leading cloud computing platform, providing a wide array of services including computing power, storage, and databases to millions of customers globally. AWS offers over 200 fully featured services from data centers worldwide, including popular ones like Amazon EC2 for scalable computing capacity, Amazon S3 for object storage, and Amazon RDS for managed relational databases. Known for its innovation and continuous service expansion, AWS supports various applications such as machine learning, artificial intelligence, IoT, and big data analytics. Its robust infrastructure, extensive global reach, and comprehensive service offerings make AWS the top choice for enterprises, startups, and governments looking to accelerate their digital transformation initiatives?.

Alibaba Cloud

Alibaba Cloud, also known as Aliyun, is China's leading cloud computing and artificial intelligence service provider, and a major player in the global cloud market. It offers a comprehensive suite of cloud services, including elastic computing, data storage, relational databases, big data processing, and artificial intelligence. Alibaba Cloud is recognized for its robust infrastructure and innovative solutions tailored to meet the needs of a rapidly growing digital economy. It supports various industries, from e-commerce and finance to logistics and manufacturing, providing scalable and reliable cloud services. With data centers across Asia, Europe, and the Americas, Alibaba Cloud is well-positioned to support global businesses seeking to leverage cloud technologies for digital transformation and expansion.

Related Reports:

Cloud Native Storage Market by Offering (Solutions and Services), Deployment Mode (Public and Private), Application (Backup & Recovery, Content Delivery & Distribution), Vertical (BFSI, Retail & Consumer Goods) and Region - Global Forecast to 2028